Tag Archives: Oil & Gas

Space Time Insight’s New Geospatial Composite Solution For The Oil And Gas Industry Is Purpose-Built To Help Oil And Gas Executives And Operations Teams To Get Every Drop Of Value From Each Asset

Oil & gas companies have mobile and stationary assets distributed across thousands of square miles – and have immense volumes of with data on every aspect of their business growing by the hour. Composite applications f r o m Space-Time Insight (www.spacetimeinsight.com) leverage oil and gas companies’ prior investments in technology to deliver real-time, comprehensive situational awareness all on one screen – and the ability to take action f r o m the same screen. This helps oil and gas companies realize their vision of managing operations in real-time and on-demand. Oil and gas companies that do manage their operations in real-time and on demand can dramatically increase field productivity, decrease operating costs, and increase average production rates.

Space-Time Insight CEO, Mark L. Feldman, PhD, predicts, “Using geospatial composites f r o m Space-Time Insight, oil and gas companies will be able to realize the same dramatic benefits our customers in other industries have already experienced: improved asset performance, reduced costs, and decreased downtime, increased profit margins and the ability to prevent crises f r o m turning into catastrophes.”

The Space-Time Insight solution for the oil and gas industry is available now and includes the Space-Time Asset Composite and Space-Time Crisis Composite, tailored for the oil & gas industry.

For more information on the solution, to see a recorded product demonstration, or read a white paper about how Space-Time Insight delivers benefits to the oil & gas industry, visit www.spacetimeinsight.com.

Space-Time Insight composite applications for the oil and gas industry automatically integrate features and data f r o m geographic information systems (GIS), real-time weather, data feeds, real-time environmental and equipment sensor data feeds, and data f r o m enterprise systems for asset management (EAM), production forecasting, field engineer scheduling and dispatch, cost analysis, environmental, health, and safety (EHS), and compliance, and inventory systems. Composite features include visual environmental impact indexing and features enabling condition-based and proactive maintenance. Benefits include the ability to prevent minimize downtime, prevent or proactively mitigate leaks and spills, and increase production rates through improved asset performance.

About Space-Time Insight:
Space-Time Insight products deliver intuitive, geospatial-temporal visualizations, contextual real-time analytics, condition-based alerts, remedial action schemes, and workflow links that enable accelerated, geo-aware responses – f r o m a single screen.

Via EPR Network
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Eupelix LLC Develops Low Energy, Low Emission Process Of Refining Petroleum

Scientists of Eupelix, LLC have developed an ecologically clean, energy efficient method modifying properties of crude petroleum, including braking down long molecules (cracking) into smaller molecules, at room temperature. 

First demonstration experiments were carried out recently by Eupelix staff with the assistance of researchers from the University of Illinois College of Engineering, the Illinois Sustainable Technology Center and the Illinois State Geological Survey.

Eupelix personnel used high frequency, solid-state pulse generators in proprietary circuits and reactors to produce fast electromagnetic fields which affected the physical and chemical properties of crude oils in large volumes. The process decreased the content of heavy oil fractions, breaking them into more valuable, lighter fractions. There also are decreases in the viscosity and the content of toxic sulfur compounds.

For more than 70 years, traditional thermal cracking processes have been carried out by oil refineries at extremely high temperatures. Temperatures exceeding 500 °C have been used to break heavy oil fractions into lighter fractions to produce gasoline and diesel fuels.

“Using these high temperatures involves the extensive power consumption contributing to the cost of fuels and negative environmental impact,” said Eupelix CEO Dmitri Novikov.

Now important steps in upgrading oils can be accomplished without the use of heat, minimizing energy consumption and the impact on the environment, Novikov said.

Petroleum desulfurization is also an important issue for the oil industry trying to reduce the content of sulfur in the end products. This decreases the environmental toxicity of burned fuels. The new process facilitates desulfurization.

The method uses modern pulse equipment, which has been utilized in applications related to radar modulators, particle accelerators and lasers.

“About a decade ago, the project was in the nascent stage because the pulse equipment was not nearly as efficient as it has become in recent years. Hardly anyone tried applying it for processing of petroleum. ” said Igor Pyzh, Eupelix visiting engineering consultant.

Pyzh came from the Ukraine to assist with test experiments for prospective industrial partners and collaborators in the United States.

Using available powerful pulse equipment, hundreds of thousands of barrels of oil per day can be processed satisfying commercial-scale refining. Pyzh says, it is just a matter ofadjusting the equipment to the kinds of processed oils. This can be done in the new Euplex lab in Illinois.

“There are also other interesting, ecologically clean applications that we are exploring together with our collaborators,” Novikov said.

The major efforts of the company are focused on applying this process to large scale petroleum refining for industrial partners in Illinois, the State of Eupelix registration, and for partners in the Ukraine, the home country of the invention.

CONTACT: Dr. Dmitri V. Novikov 
dmitri.novikov@eupelix.com 
217-351-3542 Eupelix, L.L.C.

Via EPR Network
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Many struggling oil and gas producers have big ideas, but may find their projects postponed indefinitely or pass them by while they struggle to find funds, not anymore

Commonwealth Capital Advisors (CCA) reached yet another milestone when it released a new software module of Financial Architect®. OIL & GAS Producer™ is revolutionizing the way start-up and early-stage Oil & Gas producers are raising substantial amounts of capital using the techniques of Wall Street investment banks.

OIL & GAS Producer™ is an addition to the highly acclaimed Financial Architect® for operating companies that simplifies equity financing for start-up and early-stage companies. The easy-to-use software based OIL & GAS Producer™ generates the required securities offering documents and investor leads, which enable start-up and early stage Oil & Gas producers, Oil & Gas Drillers and Field and Production Engineers raise and manage an unlimited amount of capital for oil and gas acquisition and or production.

CCA is a ten-year-old investment banking advisory firm comprised of Wall Street Investment Bankers, Securities Attorneys and CPAs who invented Financial Architect®, a patent pending system designed to substantially reduce the cost (in time and money) of raising capital, through the selling of securities.

“The goals of Financial Architect®, and the module we’re announcing for oil and gas production companies are simple,” said Timothy Hogan, CCA’s Chairman and CEO. “We want to help entrepreneurs involved in the oil and gas industry to significantly lower the costs and increase the speed of raising equity capital. Just as important, we want to provide oil and gas producers and their professional management teams with an easy-to-use expert system that will enable them to choose the right deal structure for the capital they need, and manage those funds in compliance with federal and state securities laws, rules and regulations.”

“We believe there’s significant and growing demand among entrepreneurs for control over their financing strategies. The software components of Financial Architect® are designed to meet this ‘do-it-yourself’ approach,” he concluded. More importantly, Commonwealth Capital Advisors has developed and now provides

Financial Architect® as the Premier Expert System for start-up, early-stage and seasoned companies, that seek capital. The patent pending, software based, Financial Architect® is a system and method of reducing the cost of raising capital, as so states the abstract of its patent application.

Financial Architect® enables entrepreneurs to: valuate their company pre and post-money; create “marketable deal structures” for securities to be offered that are designed to sell into today’s private equity markets; create the required securities offering documents compliant with federal and state securities laws, rules and regulations; and access to accredited “angel” investors, private equity funds, hedge funds, registered investment advisors, broker-dealers and many other sources of capital, around the world, that have a specific interest in funding start-up and early-stage companies. Access to investors, more Wall Street secrets and techniques, as well as, regulatory guidance is located in the password-protected “Commonwealth Capital Club” located on CCA’s website and is part of Financial Architect®.

“When it comes to raising capital, there are no guarantees — only degrees of probability. To further ensure success, simply increase the probability to the highest degree possible. Financial Architect® is designed to increase your probability of raising capital to the highest degree possible. How can we make such a claim? Because this is the Wall Street process and without it, Wall Street wouldn’t exist. We’ve simply brought the “Wall Street” process to “Main Street” companies.”

Timothy D. Hogan, Founder & CEO: Commonwealth Capital Advisors “When it comes to raising capital, there is no simpler way to explain how to effectively raise substantial amounts of capital while maintaining voting control. If you read just the first 2-Chapters of the Ebook, “The Secrets of Wall St. – Raising Capital for Start-Up and Early Stage Companies,” it would be time well spent. By doing so, you will be able to make an informed decision if our process is right for your company’s capital raising needs. At a minimum, you will save a significant amount of time, money and headaches trying to figure out how the world of capital really works,” Hogan concluded.

If you have not been through the process before and have a limited appreciation and understanding of it, then we suggest you educate yourself first, by reading the abridged edition of: “The Secrets of Wall Street – Raising Capital for Start-Up and Early Stage Companies.” (It’s Complimentary)

Entrepreneurs around the world are revolutionizing the way capital is raised using Financial Architect®.

Via EPR Network
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Additron Technologies has received approval from the Shanghai Municipal Committee Secretary to proceed with the acquisition of approximately 1.8 square kilometres in Pudong New District, Shanghai to build its Strategic Fuels and Chemicals Center

Additron Technologies, Inc. today announced that it has received approval from the Shanghai Municipal Committee Secretary to proceed with the acquisition of approximately 1.8 square kilometres in Pudong New District, Shanghai. Additron intends to build its Pudong Strategic Fuels and Chemicals Center at the site.

The facility will produce Additron’s ultra-clean synthetic transportation fuels and specialty chemicals.

Alexander Chen, Additron’s President and Chief Executive Officer stated, “We are pleased to have located this site for our synthetic fuels and chemicals facility. The site is ideally located with access to multiple feedstocks (pet coke, coal and biomass), central to several product distribution channels.

Chen continued, “The aquisition of this site is instrumental in moving this project forward. By using domestic resources, facilities such as this one will play a critical role in increasing China’s energy security while reducing the regions greenhouse gas footprint.”

Based on a study conducted by the Shanghai CPC Department of Energy, Additron’s proprietary Nano Enhanced ICL process was free of virtually all carbon dioxide emissions.

Xi Jinping, former CPC Party Secretary said, “Shanghai is excited about Additron’s decision to commit to exercise the option on the site. This project will be a great enhancement to the economic progress of not only the Pudong New District, but to all of Shanghai.”

Using Additron’s proprietary Nano Enhanced ICL process, the Pudong Strategic Fuels and Chemicals Center will be designed to use petroleum coke or coal supplemented with biomass as gasification feedstocks.

The project will initially produce 40,000 barrels per day of ultra clean synthetic fuels and specialty chemicals and will be expandable to 80,000 barrels per day.

About Additron Technologies, Inc.
Additron Technologies, Inc., founded in 1997, provides clean energy solutions. The Company developed the Nano Enhanced ICL Process which transforms coal into valuable and clean alternative fuels and chemicals.

Additron Technologies is an innovative energy company aiming to revolutionize the ethanol, diesel fuel, jet fuel and waste-to-power industries with new products and services targeting totally clean, environmentally sensitive, economical and renewable power solutions, and to help solve global problems regarding pollution and greenhouse gas emissions.

Via EPR Network
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Cost Efficient Way to Heat Homes or Shops This Winter With Wood

With the heat still affecting much of the USA, sitting back in the easy chair in a warm home is probably the last thing homeowners would be thinking about in late September. However, it is time to be thinking of an alternative heating solution for your home. Instead of letting your money go up the chimney, why not look into a forced air wood burning furnace that sits outside.

Scott Bradley an expert in outside wood heaters at Bradley Enterprises suggests that now is the time to be selecting a heater and getting it installed prior to the heating season.

“Now before fall or winter even arrives is the time to be thinking about what to do with those high heating bills you will have coming.” Scott Bradley says, sales manager of Bradley Enterprises in Ozark, Missouri. “Waiting till late fall is not a good option since demand will outstrip supply of outside wood furnaces like last fall and winter. You will be faced with a long wait for a furnace. This could have you installing on a cold winter day instead of a nice fall afternoon.”

If you have access to wood, and live in a mainly rural area an outdoor wood heater would be the ideal alternative heat source for your home or shop. Always be sure and check with your local zoning board to make sure a unit could be installed on your property.

Several factors that will influence the prices of heating oil, propane, natural gas, and electricity in the upcoming winter season October 2007 thru March 2008 include:

1. China and India and other areas of the world have a strong demand for diesel fuel which is similar to home heating oil.

2. Tight crude supply and political unrest in several areas of the world (Middle East tension, Iran, Nigeria just to name a few places).

3. Hurricane related interruptions in supply.

4. A lack of excess production capacity, in the past other areas of the world could make up for production disruptions in another area. Now, with an increase in demand all over the world the excess does not exist.

5. The amount of winter weather we have as transportation of heating oil can be slowed by snowy roads or frozen rivers.

These are just some of the reasons heating your home could be more expensive this winter season. All the different heating source usually follow one another in pricing during a winter season.

Homeowners that are interested in burning wood in a outside wood heater should find them priced from $1400.00 to $7-8000 dollars it will depend on the style, options or size of the heating unit.

More information on outside heating units can be found online very easily by using a search engine like Google or Yahoo. Looking for information by using “outside wood heater, outside wood furnace, outdoor furnace” will bring up a variety of manufacturers product lines.

For more information on the news included in this release (or an interview) contact Scott Bradley or visit www.outsidewoodheater.com.

About Bradley Enterprises:
In business over 19 years selling forced air outside wood furnaces locally and shipping throughout the entire USA from the website. Number one in sales volume of the Lil’house outside the house forced air wood furnace.

 

Via EPR Network
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EPR Energy News is a new blog, part of EPR Network, that is going to be focused on and will be covering the energy news and stories from press releases published on EPR Network.

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