Monday, September 30, 2024

Faster drilling speeds drive savings and efficiency in the oil patch

 https://worldoil.com/media/wsspb0at/harris-fig-2.jpg?width=750

https://worldoil.com/magazine/2024/september-2024/special-focus-upstream-practices/faster-drilling-speeds-drive-savings-and-efficiency-in-the-oil-patch/?oly_enc_id=1027J2600390B9V 

Operators are under great pressure to increase operational efficiencies, and drilling faster is key. However, pushing drilling equipment harder can be risky, as expensive components can be damaged by vibrations. Mitigating drilling dysfunctions caused by near-bit vibrations is crucial to increasing weight on bit (WOB), which leads to gains in ROP without compromising the drill bit or damaging the BHA.
ROBERT BORNE / Neo Oiltools

A number of drilling problems begin downhole at the drill bit. As a formation is drilled, the bit-rock interaction is a source of vibrations in the drill string. 

There are four key types of vibrations that can be created from this interaction that cause drilling dysfunction: axial, lateral, and torsional or radial vibrations. The latter are separated into stick-slip at low frequencies and High Frequency Torsional Oscillation (HFTO) at higher frequencies. All four of these vibration types can be dysfunctional in the drilling operation and need to be managed effectively to achieve efficient drilling with the highest ROP possible. 

STOPPING ISSUES AT THE BIT 

Over the last several years, drilling vibration suppression systems (VSS) have been introduced to the market to minimize different types of downhole vibration. The intention of a VSS tool, combined with a rotary steerable BHA, is to dampen the form of vibration that the specific VSS was designed to mitigate. This should allow the drill string to perform more optimally and drill a better, faster well. While the VSS introduction to a BHA sounds great in theory, not all VSS tools on the market can eliminate every type of vibration that can be encountered downhole. 

Axial shocks start at the end of the drill bit and send vibrations directly through the drill bit and up the drill string through the BHA. One potential cause of axial shocks is drilling through non-homogenous or layered downhole lithologies and hitting rocks of different hardness. An axial shock to a drill string with great enough force can, at a minimum, decrease ROP significantly, and at most, it can damage the drill bit and BHA. There are some VSS tools built with springs that act like shock absorbers to dampen axial shocks. 

Low-frequency torsional vibration in the drilling process is commonly called stick-slip. Stick-slip occurs when the drill bit depth of cut is too deep relative to the formation it’s trying to drill. The drill bit digs into the formation deeply enough to slow it down, relative to the rest of the uphole drill string, causing reactive torque. The difference in revolutions per minute (RPM) of the drill string on surface and at the bit can be significantly different when stick-slip is occurring. This can cause drill string and BHA fatigue (depending on the amplitude and frequency), as well as slow the ROP significantly, as the drilling parameters must be adjusted downward to cope with the dysfunction. A VSS tool designed with an internal helical spline is typically employed for this type of vibration. 

HFTO is torsional vibration with a resonance frequency higher than stick-slip. Dysfunction from HFTO can significantly harm downhole drilling tools and electronics. Some VSS tools with a counterforce dampener design are meant to address HFTO to protect downhole tools, but they can also decrease the energy to the drill bit. 

Lateral vibrations are created by the drill string’s interaction with the wellbore and the presence of doglegs or micro-doglegs. Elastomers are commonly used to reduce the chances of the BHA hitting the sides of the wellbore; however, improving the wellbore quality by using the right tool selection and placement in the BHA design can also help minimize this lateral movement. 

ADVANTAGES OF A CABLE DESIGN 

Conventional VSS tools are limited not only by their ability to just manage one type of vibration but also by their inability to manage the drill bit depth of cut or improve ROP. Adding multiple VSS tools to the BHA to compensate for this can lengthen and complicate BHA design and substantially increase costs.  

The patented spring power pack and cable design of neotork is field-proven to reduce all four types of vibrations, so operators can maintain or increase their planned drilling parameters, while protecting the drill bit and downhole BHA from vibration dysfunctions, Fig. 1. The tool uses a combination of disc springs and hydraulic force to balance with the cable heart assembly, as it manages downhole torque and automatically controls the drill bit depth of cut. 

Fig. 1. neotork is field-proven to reduce all four types of vibrations, so operators can maintain or increase their planned drilling parameters, while protecting the drill bit and downhole BHA from vibration dysfunctions.

The cables in the heart assembly are a fixed length and are installed at an angle around a near-frictionless internal mandrel. When any torsional force is encountered that exceeds the calibrated setting of neotork, the tool is activated and the cables will wrap around the internal mandrel to contract and shorten its length. This activation is near-instantaneous and allows for drill bit depth of cut management in real time. 

The cables are flexible during compression and strong when tense. For example, when an axial shock is encountered, the flexible cables don’t resist. This allows the tool to respond faster to changes in formation while drilling—regardless, if the vibration frequency is high or low—so the PDC cutters remain engaged with the formation. 

SETTING NEW DRILLING SPEED STANDARDS 

A North American operator in a northern basin consistently uses neotork for batch horizontal drilling operations, to reduce vibrations downhole. Before neotork, they typically had a number of trips to achieve the well trajectory and experienced more non-productive time, due to failed downhole components in the BHA.

The operator’s original objective with adding neotork was to minimize driling vibration dysfunctions, so they could drill a vertical-curve-lateral well in one run, with a single BHA on multiple wells before service was required. Not only is this objective regularly met, but this operator has consistently pushed the boundaries of what they thought possible in the field. They now normally run a single BHA on three consecutive wells and have reached a high point on ROP, where their limitation is cleaning the drill cuttings from the wells fast enough. 
 
In the Permian, a number of operators employing the cable-design VSS tool have reported less downhole BHA failures and the ability to drill vertical-curve-lateral wells in one run much more often, Fig. 2. They have also been able to increase ROP up to 20%. With less trips and significant ROP improvement, these Permian operators are saving significant costs in an area, where a typical spread rate is approximately $1/second.

Fig. 2. In the Permian, a number of operators using neotork have reported less downhole BHA failures and the ability to drill vertical-curve-lateral wells in one run much more often.

 

SPEED DRIVES TOMORROW’S DRILLING TODAY 

All drilling causes some amount of near-bit vibration dysfunction downhole. Putting more weight on a bit, in order to drill faster, will usually increase these vibrations, increasing the chance of downhole BHA and drill bit failure, as well as reducing drilling efficiency and performance. Minimizing all four types of near-bit vibration dysfunctions can significantly improve downhole tool performance, as well as allow an increase in drilling parameters. When these parameters are increased, the ROP increase and operating cost savings can be significant. 

Today’s operators are keenly focused on increasing drilling speeds—it’s a top priority. Given the industry’s constant cost pressures, eliminating vibrations downhole, so operators can drill faster than before, enableing them to achieve their operational goals without compromise. 

About the Authors
ROBERT BORNE
Neo Oiltools
ROBERT BORNE is Neo Oiltools’ Chief Executive Officer. He brings more than 20 years of experience in the oil and gas sector, along with a proven track record of leadership and success. He has built an extensive base of knowledge of the industry through roles spanning engineering, operations, sales, business development and digital transformation.
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Monday, September 23, 2024

TotalEnergies’ $9 billion investment offshore Suriname expands Atlantic oil and gas boom

 https://worldoil.com/media/gmrdbgwi/offshore-worker-checking-stock.jpg?width=750

https://worldoil.com/news/2024/9/20/totalenergies-9-billion-investment-offshore-suriname-expands-atlantic-oil-and-gas-boom/?oly_enc_id=1027J2600390B9V 

(Bloomberg) – TotalEnergies SE is assembling a fleet of deepwater rigs, support vessels and drilling crews offshore Suriname in the clearest sign yet that it’ll move forward with a historic oil development. 

Although the French supermajor hasn’t formally greenlit the $9 billion development of crude discoveries in the Latin American nation, it’s already seeking to lock in two rig leases for future drilling in the area, according to people familiar with the tenders who asked not to be named discussing non-public information.

That comes less than four months after TotalEnergies directed contractors to reserve construction capacity in a Chinese shipyard for fabrication of a floating oil-production vessel for the project.  

For Suriname, a former Dutch colony on the northeast tip of South America, the moves presage an end to years of delay and disappointment in harvesting billions of barrels of crude trapped under the seafloor. TotalEnergies and partner APA Corp. are expected as soon as early October to make a so-called final investment decision to develop oil discoveries dating back as far as 2020.

Suriname is years behind neighbor Guyana in enticing foreign explorers and reaping the vast riches of massive offshore oil troves. But when production — now slated for 2028 — actually commences, the windfall is expected to transform the economy of one of the world’s most-sparsely populated nations.  

The investment also is part of a broader revival of high-seas oil exploration up and down the Atlantic Basin. From the U.S. Gulf of Mexico and Brazil to Namibia on Africa’s southwest coast, some of the world’s most-sophisticated explorers are racing to find and tap the next oil frontier.

Deepwater drilling in many regions was largely sidelined by the shale revolution little more than a decade ago that drew companies back to less-risky, land-based exploration. That impact was compounded by the global pandemic that gutted energy demand and prices — and any residual appetite for risky endeavors among explorers.

But as the shale sector matures and many of its best prospects near their peaks, drillers are once again going down to the sea in search of untapped finds.

“Exploration is back,” said Ross Lubetkin, chief executive officer at consultancy Welligence Energy Analytics.

TotalEnergies declined to comment for this story. An APA spokesperson directed a reporter’s inquiry to TotalEnergies as operator of the project.

The French giant’s decision to order a hull for a 200,000 bpd production vessel for the Suriname discoveries is one of the clearest signals that the project is a go, said Annand Jagesar, the managing director of Suriname’s state oil company, Staatsolie.

“They have reserved this hull,” he said in an interview. “You’re not going to pay a lot of money for that to have it sitting around.”

In Suriname, a country the size of Wisconsin inhabited by just 612,000 people, Malaysia’s Petronas is considering a high-tech, floating facility to process natural gas that would cost billions of dollars.

Separately, Chevron Corp. is expected to start an exploration campaign in 2025 in shallow waters, according to Staatsolie, which also serves as Suriname’s oil regulator. Chevron declined to comment on its timeline for Suriname.

So far, Suriname’s potential is much less than in neighboring Guyana, but even one major project could transform the economy and improve social services in a country where about 40% of the population lives in poverty. Anticipation of an oil windfall is making Suriname’s debt a top performer in emerging markets this year.

The scale of the investments shows how the supermajors are less concerned about a sudden transition to renewable fuels than they were a few years ago. Oil companies are now vying for a limited number of drilling rigs and production vessels to pursue expensive offshore developments.

“There’s generally more of a consensus around the importance of upstream, especially among the majors,” said Julie Wilson, the director for global exploration research at Wood Mackenzie Ltd. “People are beginning to think that perhaps the energy transition is going to be more challenging.”  

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Thursday, September 19, 2024

ConocoPhillips CEO calls on White House to utilize North America’s “substantial” natural gas resources at Gastech 2024

 

https://worldoil.com/news/2024/9/18/conocophillips-ceo-calls-on-white-house-to-utilize-north-america-s-substantial-natural-gas-resources-at-gastech-2024/?oly_enc_id=1027J2600390B9V 

 Bethany Fischer, Digital Editor, World Oil September 18, 2024

(WO) – On the first day of Gastech 2024, held in Houston, Texas, from Sept. 17-20, ConocoPhillips CEO Ryance Lance made an impassioned plea for permitting reform, infrastructure investments, and an end to what he called a “crazy LNG pause.”
ConocoPhillips CEO Ryan Lance

Lance is referring to a move made by the Biden administration at the beginning of the year, which paused permits to allow the Department of Energy to scrutinize LNG's potential environmental impacts and halted export approvals.

While a federal judge eventually blocked the move in July, the Biden administration is continuing to explore options for what many in the oil and gas industry consider an extreme climate agenda.

Lance is among several CEOs looking to utilize North America’s gas reserves, of which the head of ConocoPhillips says is “substantial.” Lance went as far as to predict “a century” of available resources.

However, the current administration’s apparent war on the fuel, which the industry advocates will be a necessary resource in the energy transition, threatens the U.S’ position in the global market, as well as domestic and international energy security.

“When it comes to advancing economic prosperity, energy security, and environmental protection, an LNG permitting pause fails on all three,” Chevron CEO Mike Wirth said separately at Gastech 2024.

“The administration should stop the attacks on natural gas and embrace the benefits it’s already delivering around the world.”

Wednesday, September 18, 2024

Antofagasta to invest $3.5 billion in 2025 amid portfolio expansion

 Antofagasta to invest $3.5 billion in 2025 amid portfolio expansion

https://www.mining.com/antofagasta-to-invest-3-5-billion-in-2025-amid-portfolio-expansion/ 

Chilean miner Antofagasta (LON: ANTO) plans to invest about $3.5 billion in 2025, one of the largest sums ever earmarked by the company, as it looks to expand operations in the home country and into neighbouring Peru.

Chief executive Iván Arriagada told Diario Financiero on Monday the company was actively looking for copper projects in Peru that could yield at least 50,000 tonnes of the red metal for 10 years or more. For this year, the company estimates investments will total $2.7 billion, compared to $2.13 billion in 2023.

Antofagasta, majority-owned by Chile’s Luksic family, one of the country’s wealthiest, projects local investments of over $7.5 billion in the next five years. The miner is already working on the $4.4 billion Nueva Centinela project, which will add 144,000 tonnes copper-equivalent a year to its overall production. The expansion project, approved in December, also includes increasing the current molybdenum plant’s capacity and a new development of the Esperanza Sur pit, with the introduction of new autonomous trucks

Antofagasta recently opened a $2 billion desalination plant for its flagship mine, Los Pelambres, the first to operate with desalinated water in an area of the country that has suffered a 15-year drought. 

The miner also expects to obtain all permits to start working on the $1.2 billion extension of its Zaldívar copper mine, which would allow it to continue operations through 2051. 

On top of all these projects, Antofagasta expects to allocate between $40 million and $50 million a year in maintenance work at its assets in Peru, the United States and Canada.

Aiming high

Antofagasta, Chile’s largest copper miner after the state-owned Codelco, has set an ambitious goal of becoming one of the world’s top ten producers of the metal, primarily used in electric vehicle batteries and construction. 

In recent years, the company has made several strides toward this goal, with one of the key investments in 2023 being the acquisition of a 19% stake in Peru’s Minera Buenaventura for an undisclosed sum.

The miner has also a presence in the US, through its subsidiary Twin Metals. The unit has been trying to build an underground copper-nickel mine and processing facility along the shores of Birch Lake and the South Kawishiwi River for over a decade. The project suffered a major blow last year,  when the Biden administration cancelled Twin Metals’ two long-standing mineral leases and imposed a 20-year moratorium on the surrounding area.

Antofagasta has been fighting to get the licences back. The Wall Street Journal recently suggested the company would have better options of winning the case if Donald Trump gets reelected. 

Minnesota copper project in limbo as officials launch permits review
Twin Metals underground copper, nickel, cobalt and platinum group metals mining project is located in northeast Minnesota. (Image courtesy of Twin Metals.)

Speaking to Diario Financiero, Arriagada noted that he doesn’t believe so. “Our project in the US is currently in the process of defending the titles to our mining property in the courts and therefore, this does not depend on the administration in power,” he told the Chilean newspaper.

The executive noted the company will work with any administration and that he believes Antofagasta has the right to develop the project or to submit a modified application to be reviewed and approved.

“We think that Twin Metals is a valuable project because it allows local production of copper and other key metals in the US for local supply (…) It has value in today’s world in light of the challenges we see both in terms of national security and in terms of energy change and climate change,” Arriagada said. “We will continue to promote this and we will exercise our rights in the US courts.”

Oil and gas CEOs call on Biden administration to stop attack on U.S. LNG at Gastech 2024

 

https://worldoil.com/news/2024/9/17/oil-and-gas-ceos-call-on-biden-administration-to-stop-attack-on-u-s-lng-at-gastech-2024/?oly_enc_id=1027J2600390B9V 

Chevron Corp. Chief Executive Officer Mike Wirth called on the administration to reverse the pause, labeling the policy as a failure that “elevates politics over progress.” The permitting halt, which went into effect earlier this year, will raise energy costs, threaten supplies for America’s European allies and increase emissions by slowing the transition from coal to gas, Wirth said in a speech at the GasTech conference in Houston Tuesday.

“When it comes to advancing economic prosperity, energy security, and environmental protection, an LNG permitting pause fails on all three,” he said. “The administration should stop the attacks on natural gas and embrace the benefits it’s already delivering around the world.”

The White House in January halted new licenses to export LNG, citing the need to more heavily scrutinize how the shipments affect the environment and national security. The ruling sent shockwaves through the industry, threatening to end a construction boom in terminals along the Gulf Coast that turned the U.S. into the world’s biggest exporter of the super-chilled fuel. 

“In Australia and the U.S., we’re seeing quite a bit of wobbliness around support for the industry,” said Meg O’Neill, CEO of Woodside Energy Group Ltd. “I do worry there’s going to be a long-lasting ripple of concern from key LNG-buying nations caused by the pause, even if the pause is short-lived.”

The industry has pushed back on the policy as it struggles with a surplus of natural gas, much of it a by-product of shale oil production. A federal judge in Louisiana lifted the temporary moratorium in July after several states sued. While the Energy Department is appealing the ruling, it also has granted an LNG export license following the decision.

“We can double down on the ‘either/or’ approach that dominates today’s discourse, which too often pits people and solutions against each other,” Wirth said. “Or we can evolve toward an ‘all-in’ approach that recognizes many solutions are needed.”

Both U.S. presidential candidates have voiced their support for fracing, which makes up the majority of U.S. oil and gas production. But some executives are still concerned about what Democratic nominee Kamala Harris may do in the White House, given her current role as Biden’s vice president. She hasn’t yet weighed in on whether she would reverse the LNG ban.

“We hope cooler heads do prevail, and maybe she’s sincere,” on her support for fracing, said Jack Fusco, chief executive officer of Cheniere Energy Inc., an LNG exporter. “I have to trust until I don’t.”

Wirth said the LNG pause was self-defeating because natural gas replaces more heavily polluting coal in power generation in many cases. In recent years, environmental groups have cast doubt on the claim, citing often-undocumented methane emissions in gas-gathering systems and the amount of power need to chill LNG.

The CEO said the emissions the U.S. avoided by switching to gas from coal are more than double the reductions from all the wind and solar power added in the past 15 years, citing data from McKinsey & Co.

Making the switch to gas from coal globally “could represent the single greatest carbon reduction initiative in history,” he said.

It will also be vital for the development of artificial intelligence, he said.

“AI’s advance will depend not only on the design labs of Silicon Valley, but also on the gas fields of the Permian basin,” Wirth said.

Wirth called for a “more balanced conversation about the future of energy.”

“These choices should be informed by realistic science and impartial data, untainted by advocacy agendas,” he said.

Thursday, September 12, 2024

APA sells Permian basin oil and gas properties to mystery buyer for $950 million

https://worldoil.com/media/3yjlujqk/well-drilling-rig-stock-shale.jpg?width=750

https://worldoil.com/news/2024/9/11/apa-sells-permian-basin-oil-and-gas-properties-to-mystery-buyer-for-950-million/?oly_enc_id=1027J2600390B9V 

WO) – APA Corporation has entered into an agreement for the sale of non-core producing properties in the Permian basin to an undisclosed buyer for $950 million.

The properties are located in the Central Basin Platform, Texas and New Mexico Shelf, and Northwest Shelf, and currently represent estimated net production of 21,000 boed, of which approximately 57% is oil.

“Through multiple transactions completed this year, we have high graded and focused our U.S. asset base. Our remaining Permian position has scale and balance in the unconventional Midland and Delaware Basins,” said John J. Christmann IV, CEO of APA Corporation.

“The net impact of our acquisition of Callon Petroleum and the follow-on asset sales is that APA has increased its onshore U.S. production by approximately 66,000 boed in 2024, and continued to add economic unconventional inventory, with no material change in net debt levels compared to year-end 2023.”

Pro-forma fourth-quarter U.S. production guidance is 307,000 boed, which is 34% above the company’s fourth-quarter 2023 production.

Christmann continued, “The company’s more focused unconventional Permian asset base and advantageous transport and marketing positions compares favorably with like-sized, pure-play peers in the region, while APA’s conventional global portfolio also provides geologic, geographic and price diversification as well as differential exploration upside.”

Monday, September 9, 2024

2 MMbpd from Gulf of Mexico under threat from U.S. government’s environmental impasse

https://worldoil.com/media/ju1fre5v/416076621.jpg?width=750

https://worldoil.com/news/2024/9/8/2-mmbpd-from-gulf-of-mexico-under-threat-from-u-s-government-s-environmental-impasse/?oly_enc_id=1027J2600390B9V 

(Bloomberg) – A fight over Gulf of Mexico oil production is looming in Washington as U.S. regulators race to redo guidance on how to protect endangered species ahead of a deadline that could ultimately threaten about 15% of the nation’s crude output.

The standoff stems from a scientific assessment that underpins oil and gas operations in the Gulf. Under a court ruling, the U.S. government has until Dec. 20 to revise that analysis, when the current one will be tossed out.

If regulators don’t finish by the deadline — and courts or Congress don’t intervene to provide more time — existing oil and gas operations that depend on the evaluation could grind to a halt.

The effects could be sweeping: If the Gulf of Mexico were a country, it would rank among the world’s top 12 oil producers globally.

“The ramifications could be potentially enormous for operations in what we and many others recognize is such a vital, producing region,” said Dustin Meyer, a senior vice president for the American Petroleum Institute. “The level of concern is very high.”

Even with some uncertainty over the impact, the potential for peril has triggered a lobbying frenzy by oil companies and industry groups mulling legal strategies and possible legislation to head off major disruption.

One lobbyist likened the situation to an “all-hands-on-deck” moment. Impacts could be felt well before the Dec. 20 deadline, colliding with a presidential election that’s putting the spotlight on economic stability and energy security.

Legal foundation. At issue is the government’s main Endangered Species Act analysis of oil and gas activity in the Gulf, a so-called biological opinion released in 2020 documenting how drilling, pipeline construction and other operations might jeopardize protected species in the region.

The broad assessment provides a legal foundation for oil and gas activity under existing Gulf leases. U.S. offshore drilling and leasing regulators generally rely on it instead of doing case-by-case evaluations.

Environmental groups challenged the biological opinion four years ago, arguing it didn’t properly analyze how oil operations affect endangered and threatened species. Last month, a Maryland-based federal district judge sided with them, tossing out the biological opinion — effective Dec. 20 — and sending it back to the National Marine Fisheries Service for a redo.

The agency had already started work on a new version preemptively, but told the court it might not be done “until late winter or early spring 2025.”

Without a valid biological opinion in place, energy regulators would likely be forced to consult on hundreds — if not thousands — of decisions annually, according to data they provided the court.

Cascading effects. The individual reviews would “overwhelm” the agencies and have “cascading effects” not just for oil operations in the Gulf but also renewable permitting on federal waters, Walter Cruickshank, the deputy director of the Bureau of Ocean Energy Management, told the court in April.

National Oceanic and Atmospheric Administration, which houses the fisheries service, and the Interior Department, which handles offshore oil and gas leases, said they are reviewing last month’s court decision, but declined to comment further.

The issue is already causing anxiety for some Gulf operators worried not just about delayed government approvals, but the viability of existing work authorized under the court-invalidated biological opinion.

At stake are operations as varied as traffic from ships supplying offshore platforms to continued production at long-permitted wells, according to industry lawyers who asked not to be named speaking about private legal discussions.

Oil companies and suppliers operating offshore could face additional legal jeopardy if they continue work without new authorizations.

The government previously authorized “incidental takes” — where oil and gas activities cause harassment, harm or other injury to certain species as long as companies are complying with the 2020 biological opinion.

Without that authorization in place, companies “will have to decide whether they continue to operate at their own risk,” or instead “shut down their activities” while waiting for a new biological opinion, Holland & Knight warned in an alert last week.

With about 2 MMbpd produced from the Gulf, the potential disruptions “would likely cause considerable economic and national security harm to our country,” said Erik Milito, head of the National Ocean Industries Association, which along with other industry trade groups, including the API, and Chevron USA Inc., has intervened to defend the government in the lawsuit. Talks with the government are ongoing.

Industry stakeholders are considering legal options, including seeking a stay, if another solution doesn’t materialize soon. They also have been talking with congressional offices about the issue, and are weighing legislation that could address the issue by giving the fisheries service more time.

“Given the vital importance of the Gulf of Mexico,” Milito said, “we remain optimistic that cooler heads will prevail, and we will see much-needed resolution to this issue.”

Friday, August 23, 2024

🚨HISTORY: RFK Jr. ENDORSES Trump LIVE | HAPPENING RIGHT NOW

Halliburton experiences cyberattack at campus in Houston, Texas


https://worldoil.com/news/2024/8/22/halliburton-experiences-cyberattack-at-campus-in-houston-texas/?oly_enc_id=1027J2600390B9V

(WO) – Halliburton, a major U.S. oil field services firm, experienced a cyberattack on Wednesday, affecting some of its systems, particularly at its north Houston campus and global connectivity networks, Reuters reported.

Citing an emailed press release and unnamed sources close to the matter, Reuters says Halliburton is investigating the incident and working with external experts to resolve it. Some employees have been asked not to connect to internal networks.

Although details about the Halliburton attack are unclear, ransomware typically involves hackers encrypting data and demanding payment in exchange for a decryption key. If the ransom is not paid, hackers may threaten to leak sensitive information.

Halliburton provides drilling equipment and services to major oil and gas companies around the world. With nearly 50,000 employees globally, the company has a presence in over 70 countries.

This story was originally reported by Reuters

Friday, August 16, 2024

9/11: The Towers Collapse

🔴 EN DIRECTO - ALEMANIA | Demolición de torres de refrigeración de la ce...

As US Coal Plants Shutter, a Renewed Focus on Nuclear ‘We’ll need an additional 200 gigawatts of nuclear capacity to reach net-zero emissions by 2050,’ the Energy Department stated.

 https://insidesources.com/wp-content/uploads/2020/06/800px-Byron_nuclear_generating_station_exelon-e1592400462730.jpg

https://www.theepochtimes.com/article/as-us-coal-plants-shutter-a-renewed-focus-on-nuclear-5704112 

As the United States continues its rush to shutter the nation’s remaining coal plants, energy analysts are debating what should fill the gap to meet the growing need for electricity. Increasingly, many are pointing to nuclear energy as the solution.

According to the Department of Energy (DOE), nearly one-third of existing U.S. coal plants are scheduled to be shut down by 2035.

This is happening as demand from data centers, electric vehicles, electric home heating, and othproducts are pushing ever more consumption onto the grid.

A regulatory agency charged with assessing grid reliability stated that its key measures of electricity peak demand “are rising faster than at any time in the past five or more years.”

The agency, North American Electric Reliability Corporation (NERC), cited “clear evidence of growing resource adequacy concerns over the next 10 years” in its December 2023 Long-Term Reliability Assessment

https://www.theepochtimes.com/article/as-us-coal-plants-shutter-a-renewed-focus-on-nuclear-5704112 

The rapid retirement of functional coal plants, which generated more than 16 percent of U.S. electricity production in 2023, is projected to leave large gaps in the country’s ability to meet projected demand for electricity, leaving most regions of North America at high or elevated risk of shortages and blackouts, according to the NERC .

How can the U.S. electricity industry fill this ever-widening hole? The options on the table are wind, solar, natural gas, and nuclear energy—each with its advantages and shortcomings.

Many who consider climate change to be an existential threat have pushed wind and solar energy as the best alternatives, arguing that they are the cheapest, cleanest option.

The Energy Information Administration (EIA) predicted in January that “wind and solar energy will lead growth in U.S. power generation for the next two years.”

Critics say adding ever more wind and solar capacity could be paying more for less, as additional weather-dependent capacity falls short of producing electricity when consumers need it.

“We built a heck of a lot of wind capacity in 2023 in the United States, but the actual amount of wind electricity produced went down, simply because you have wind droughts,” energy economist Dan Kish, senior vice president of policy at the Institute for Energy Research (IER), told The Epoch Times.

“The windiest spots have been hit pretty hard with wind turbines, so now they’re going to places that are less prolific in terms of wind, and the result is you’re getting less wind per installed megawatt of wind power than you did before.”

According to the EIA, while overall “renewable” energy production grew by 2 percent in 2023, largely because of increases in biofuels and solar energy, consumption of wind energy declined for the first time in 25 years.

“Our entire grid has been built with the goal of moving power to people when they need it,” Kish said, but noted that, increasingly, this is shifting to providing electricity “whenever the wind blows or the sun shines.”

Wind and solar require expensive backup power generation, typically gas or batteries, to fill the gaps when the sun isn’t shining or the wind isn’t blowing, driving up costs to consumers.

Coal plants, while emitting more carbon dioxide (CO2), have provided an affordable, reliable, and flexible supply of “dispatchable” electricity, which can be ramped up or down to meet demand.

To date, while installed wind and solar capacity have increased, natural gas has been the prime beneficiary of the transition away from coal—both as a supplier of base-load power and as a backup to wind and solar when the weather doesn’t cooperate.

U.S. natural gas consumption reached a record 89.1 billion cubic feet per day in 2023 and has increased by an average of 4 percent per year since 2018, according to an April report by the EIA.

The EIA reported that natural gas consumption set new records every month between March 2023 and November 2023, as coal-fired electric-generating capacity declined.

“The combination of [artificial intelligence] and increased reliance on intermittent renewables means more natural gas—both because solar and wind can’t easily provide electricity with low harmonic distortions that delicate data center kit needs—but also because unreliable power sources infiltrate the grid, assuring 24x7 supply relies ever more on dispatchable, traditional energy, which is gas,” Simon Lack, founder and managing partner of SL Advisors LLC, told The Epoch Times.

Unlike coal, however, gas is not stored onsite at power plants but rather delivered just in time via pipelines. During winter storm Uri in Texas, for example, freezing temperatures and electricity outages disrupted gas deliveries, the Federal Energy Regulatory Commission reported, exacerbating the crisis that ended with widespread blackouts and the deaths of an estimated 246 people.

While natural gas is abundant, affordable, and burns cleaner than coal, it doesn’t satisfy net-zero goals of “decarbonizing” energy and reducing global emissions by at least 43 percent by 2030, 60 percent by 2035, and reaching net-zero by 2050.

Given that, nuclear energy is increasingly being touted as the ideal solution.

The 54 U.S. nuclear plants and 93 U.S. nuclear reactors, located across 28 states, currently generate about 19 percent of the nation’s electricity, according to the EIA.
A nuclear plant’s capacity factor, which measures the amount of usable energy it produces as a percentage of the maximum it could potentially produce, is the highest of all power sources, averaging more than 92 percent, according to the DOE.

By comparison, the capacity factors for wind and solar are the lowest of all major U.S. energy sources, at 35 percent and 25 percent, respectively.

Nuclear power plants are designed to run 24 hours per day, seven days per week, making them ideal for reliable, base-load electricity.

Energy economist Ryan Yonk, a director at the American Institute for Economic Research, said the safety of nuclear plants has improved with time, and although risk has not been completely eliminated, this leaves nuclear as the “no-carbon energy” of the future, provided that the industry can build plants that address risk concerns and regulatory concerns.

“If you really care deeply about CO2 and view it as a substantial problem, we have an established technology that doesn’t produce CO2, that produces large amounts of low-cost energy at relatively low risk,” he said.

The Biden administration appears to have also come around to that point of view, and the Inflation Reduction Act enacted by the administration offers a 30 percent federal investment tax credit for new nuclear projects.
The White House announced in March that it was “signing on to last year’s multi-country declaration at COP28 to triple nuclear energy capacity globally by 2050; developing new reactor designs; extending the service lives of existing nuclear reactors; and growing the momentum behind new deployments.

Among the government initiatives was $6 billion in new loans, grants, and tax credits for nuclear facilities to keep aging plants up and running and restart some that had been shut down. This included $1.5 billion in loan guarantees to Holtec Palisades, LLC, to bring the shuttered 800 MW Palisades Nuclear Plant in Covert Township, Michigan, back online through 2050.

“Alongside renewable power sources like wind and solar, a new generation of nuclear reactors is now capturing the attention of a wide range of stakeholders for nuclear energy’s ability to produce clean, reliable energy and meet the needs of a fast-growing economy,” a White House fact sheet reads.

This comes on top of new legislation to streamline the approval process for nuclear plants, specifically the Accelerating Deployment of Versatile Advanced Nuclear for Clean Energy Act (ADVANCE Act) of 2023.

The bill includes more staffing for the Nuclear Regulatory Commission (NRC), which would theoretically speed the licensing process, reduce fees for plant applicants, and update the NRC’s mission statement, stipulating that it will not “unnecessarily limit” the production of nuclear energy.

The DOE is also working to ease the conversion of existing coal plants to nuclear.

According to the DOE’s Office of Nuclear Energy, “we’ll need an additional 200 gigawatts of nuclear capacity to reach net-zero emissions by 2050 and some of that could take place at or near retiring coal plants.”

The agency stated that more than 300 existing and retired coal plants could be converted to nuclear energy, and this would increase the U.S. nuclear capacity by more than 250 gigawatts, nearly tripling its current capacity of 95 gigawatts.

Borrowing land, plant, transmission connections and roads from existing coal plants could save up to 35 percent of construction costs for new nuclear plants, the DOE predicted.

States that are considering replacing coal plants with nuclear include Arizona, Colorado, Kentucky, Maryland, Montana, North Carolina, Pennsylvania, Utah, West Virginia, Wisconsin, and Wyoming.

The DOE is also collaborating with private industry through an initiative called the Gateway for Accelerated Innovation in Nuclear (GAIN), which provides government support to commercialize nuclear energy technologies and to “educate those new to nuclear on its benefits, applications and role in our clean future energy transition,” the organization’s website states.

“By 2030, the U.S. nuclear industry will be equipped to lead the world in the deployment of innovative nuclear technologies to supply urgently needed abundant clean energy both domestically and globally,” GAIN reads.

Some analysts say it amounts to one government agency spending money to try to get another government agency out of the way.

“We’ve got the NRC that can’t seem to issue a permit or give a thumbs up to a project, and to compensate for that, we’ve got the Department of Energy pouring hundreds of millions of dollars of taxpayer money into helping them get a permit,” Kish said.

The U.S. fleet of nuclear plants is approaching retirement age, raising questions about how much longer existing plants can continue to operate. The average life of a nuclear power plant is about 40 years, according to the International Atomic Energy Agency (IAEA).

As of April, the average age of U.S. commercial nuclear reactors was 42 years old. The oldest operating reactor is Nine Mile Point Unit 1 in New York state, which started operating in 1969.

The U.S. nuclear construction industry, having been shunned for decades, appears now to be showing new signs of life.

Based on its annual assessment at the end of 2023, the IAEA stated that, worldwide, it “now sees a quarter more nuclear energy capacity installed by 2050 than it did as recently as 2020, underscoring how a growing number of countries are looking to this clean and reliable energy source to address the challenges of energy security, climate change and economic development.

U.S. Nuclear Regulatory Commission Commissioner Annie Caputo (C) tours the Nine Mile Point Nuclear Station. Nine Mile Point Unit 1 in New York started operating in 1969, the oldest operating reactor in the United States. (Constellation Energy Corporation/CC BY 2.0)

In April, the fourth reactor of the Vogtle Nuclear Plant in Georgia, designed by Westinghouse, came online, making the plant fully operational.

The four-reactor plant is the “largest generator of clean energy in the nation” and will generate enough electricity to power half a million homes and businesses while providing “reliable, emissions-free energy to customers for at least 60 to 80 years,” stated Georgia Power, the local electric utility.
A recent trend among tech companies, which had once pledged to reach net-zero carbon emissions but are now facing an escalating need for reliable electricity to power data centers, is to cut side deals with nuclear power plants to get first call on their base-load power.
The Institute for Energy Research reports that tech companies are currently negotiating with about one-third of U.S. nuclear power plants to supply electricity directly to data centers and to satisfy the enormous demand for electricity from artificial intelligence processing.
These discussions, the IER states, “have the potential to remove reliable power generation from the electric grid,” leaving everyday consumers more reliant on weather-dependent sources.

Skepticism Remains

While this all suggests a surging demand for nuclear energy, concerns about nuclear energy linger.

These concerns stem from the fact that nuclear energy creates nuclear waste and from the plant meltdowns at Chernobyl in Ukraine (1986), Three Mile Island in Pennsylvania (1979), and Fukushima in Japan (2011), as well as the time and cost to build nuclear plants.

Dean Cooper, the global lead for energy at the World Wildlife Fund, said in a March blog post, “Let’s be clear—there’s no new dawn for nuclear energy.

“The truth is that the construction of new nuclear power generation capacity is too slow, too expensive, and too risky to make a difference.

“Rather, governments must prioritize investments toward energy efficiency and deploying renewables, such as wind and solar, to decarbonize the grid.”

The construction costs of Georgia’s Vogtle Nuclear Plant, which was expected to set a new standard for cost-effective nuclear production, reportedly ran $16 billion over budget, and the project was completed more than six years behind schedule, according to a report by Energy Monitor, an industry analytics group.

The report states that construction on two AP1000 reactors at the Summer Nuclear Station in South Carolina that began in 2012 was canceled in 2017, leaving South Carolina residents to pay the bill for a failed project that cost $9 billion.

Public opinion regarding nuclear energy still sees it as its second-best option to wind and solar when it comes to fighting climate change, although those perceptions may be changing.

Turbines from the Mount Storm Wind Farm sit behind the Dominion's Mount Storm Power Station in Mount Storm, W. Va., on Aug. 22, 2022. A survey of Americans shows that 72 percent of respondents favor expanding wind power. (Chip Somodevilla/Getty Images)

According to an Aug. 5 survey by the Pew Research Center, 56 percent of American adults polled said they wanted more nuclear power plants as a solution to climate change.

While this number is below the 78 percent who prefer expanding solar power and the 72 percent who favor expanding wind power, the survey noted that support for solar and wind power fell by double digits percentage points since 2020 while support for nuclear power grew by 13 percentage points.

Some critics charge that the government has become too overbearing in directing and controlling the U.S. energy industry through a deluge of new laws, regulations, subsidies, tax benefits, and cap-and-trade schemes.

Government intervention at the federal and state level is manipulating the industry away from what it can realistically achieve, they say, making the electric grid both more fragile and more expensive while disregarding Americans’ growing need for affordable, reliable energy.

“One of the major issues that comes up in the energy mix is that because we’ve spent so much time regulating and subsidizing within it, we don’t have a real clear sense of what the mix would be if it were based on consumer demand and the market’s capacity to provide,” Yonk said.

“One of the ways to get closer to that is to deal with the regulatory problems and to remove the subsidies so that we start to see the emergence of a mix that matches consumer demand; at the moment, we don’t have that.”

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Wood Stove And Fireplace Ban For New York State? Read More: Wood Stove And Fireplace Ban For New York State?

 https://i.insider.com/61b376bde3ef6500191bd325?width=700

 https://wyrk.com/wood-stove-and-fireplace-ban-for-new-york-state/

 

As we wait for the fall to arrive, there are some asking "is New York State going to ban Fireplaces and wood stoves this year"?

The summer heat is still pressing on and the New York State Fair is about to begin. However, the cooler air is coming and many homeowners believe the most affordable way to heat their home is with firewood.

Note from the editor: This story has been updated with a statement from the New York State Department of Environment Conservation. Please see below under "Statement from the NYS DEC."

READ MORE: Massive Utility Relief Coming From New York State

Are the days of having your home heated with a wood furnace going away in New York State? There's a pending law in New York that will begin to change how buildings and homes in New York are heated in an effort to reduce carbon emissions. 

This bill known as the New York State Climate Leadership and Community Protection Act was signed in 2019 and will start to have a big impact in 2022.

Sections 2 and 3 of the bill would modify the Environmental Conservation Law to establish the New York state climate action council, and green-house gas emissions limits and reporting requirements, and provisions to address potential impacts on disadvantaged communities.

According to the bill, this portion of the law will go into effect as of October.

The bill would take effect on the same date as a chapter of the law of 2019 relating to a permanent environmental justice advisory group as proposed except that the community air monitoring program required by section 2 of the act shall take effect on October 1, 2022.

Similar to the reasons there won't be any gas ATV's available in New York State, this new law aims to end the damage to the environment that is caused by outdoor boilers/wood-burning furnaces.


Statement from the NYS DEC

The Climate Action Council’s Draft Scoping Plan does not contain any recommended actions directed specifically at wood burning.

The statement continues:

The State is not considering legislation that would ban wood burning. The Draft Scoping Plan puts forth strategies and actions to achieve the goals of the Climate Leadership and Community Protection Act.

Please read their entire pres



Read More: Wood Stove And Fireplace Ban For New York State? | https://wyrk.com/wood-stove-and-fireplace-ban-for-new-york-state/?utm_source=tsmclip&utm_medium=referral

Friday, August 9, 2024

Philip A. Surette

 Philip A. Surette obituary, Beverly, MA

https://www.legacy.com/us/obituaries/name/philip-surette-obituary?id=55780574 

Philip Surette Obituary

Obituary published on Legacy.com by Campbell Funeral Home - Ipswich on Aug. 6, 2024.
Philip A. Surette, 86, of Ipswich, MA passed away after a brief illness on Monday, July 22, 2024 surrounded by his loving family. Phil was a devoted and caring husband, father, brother, uncle, dog "grandfather" and a friend to many.
Phil was predeceased by his parents, Jeffrey and Julia (Meuse) Surette, as well as his sister, Catherine Millerick, and his brothers Roy, David and Irving. He is also survived by his sister Louise (Connolly) of New Jersey. In addition to his beloved wife of 57 years, Nancy (Kelly) Surette, he is also survived by his sons Philip, Donald and Michael and son-in-law Barry Knight.
Phil was raised in Wakefield, MA where he was an active member of his community, including St. Joseph's Parish and the West Side Social Club. He graduated from Wentworth Institute of Technology with a degree in Mechanical Engineering and eventually was the owner of two businesses, Minuteman Controls and Robitech, Inc.
Phil had the gift of conversation and was able to speak to anyone, as evidenced by the wide range of people who, over the course of his life, considered him to be a dear friend. It was well known that he was ready and willing to help anyone, and throughout his life he drew on his deep and unwavering faith as a source of strength and inspiration. In his spare time, Phil loved to cook, watch classic movies, go fishing and boating with his wife Nancy, and most importantly, he loved to babysit Cookie, his beloved grand-dog. Ever inquisitive, he enjoyed tinkering and seeing how things worked. Family was extremely important to him, and he was especially grateful for the wonderful life he had with his wife, Nancy. Phil was greatly loved by all who knew him and he will be forever missed.
A Celebration of Life is planned for Saturday, August 24, 2024 from 2:00pm-4:00pm by his family at 78 East Street, Ipswich, MA 01938.

Wednesday, August 7, 2024

Inside the Worlds Largest Gang Crackdown | El Salvador

Venezuela opposition leaders urge army and police to abandon Nicolás Maduro

 A woman waves and holds the Venezuelan flag from the center of a truck filled with people and decorated with political posters

https://www.theguardian.com/world/article/2024/aug/05/venezuela-opposition-leaders-armed-forces-nicolas-maduro 

Venezuela’s opposition leaders, who are widely believed to have beaten Nicolás Maduro in last week’s disputed presidential election, have urged the police and armed forces to abandon the strongman leader and his “despicable interests”.

In an open letter to Venezuelan security forces, Edmundo González Urrutia and María Corina Machado claimed they had won an “avalanche” victory over Maduro in the 28 July vote – a conclusion supported by analyses of election data carried out by the Associated Press and the Washington Post and which a growing number of western governments have also reached.

Hours after the letter was posted on social media, attorney general Tarek Saab announced he was launching a criminal probe against González and Machado for inciting police and military officials to break the law.

In a statement posted on X, Tarek said the pair had “falsely announced a winner of the presidential election other than the one proclaimed by the National Electoral Council, the only body qualified to do so” and that they had openly incited “police and military officials to disobey the laws”.

After being declared the winner by Venezuela’s government-controlled electoral authority, Maduro has launched a harsh crackdown on political opponents since his claim to victory sparked two days of protests and turmoil. More than 2,000 people have been imprisoned, many on terrorism charges, while human rights groups say at least 22 people have been killed by security forces or pro-government gangs.

On Monday, González and Machado accused the incumbent of waging a “brutal offensive” against opposition leaders and supporters with the “ridiculous intention of hiding the truth” about González’s landslide and stealing the election to secure a third term.

“We appeal to the conscience of military and police officials to put themselves on the side of the people and of their own families. With this massive violation of human rights, the top brass is aligning itself with Maduro and his despicable interests,” they wrote, urging police and soldiers “to prevent the regime’s lack of restraint against the people”.

“Maduro has staged a coup … and he wants to make you his accomplices,” González and Machado added.

Their letter came less than 24 hours after Maduro appeared before the cameras with top military officials and heavily armed troops in a clear attempt to project military unity and strength. “Always loyal! Never traitors!” they shouted repeatedly during the ceremony, clutching riot shields and rifles.

Amid growing criticism of his post-election crackdown, Maduro vowed to “pulverise” the latest challenge to his rule and told troops he was “willing to do anything” to protect the “Bolivarian revolution” he inherited from Hugo Chávez after his premature 2013 death.

“We are confronting, defeating, containing and pulverising an attempted coup in Venezuela,” Venezuela’s president told members of the Bolivarian national guard, a branch of the military that has been involved in the clampdown. “I am willing to do anything and I am counting on you to ensure order, law and the constitution prevail.”

For all the opposition’s appeals to the military, Venezuela specialists say they have yet to detect any hint that troops or political rivals from within the chavista movement might be planning to turn on Maduro.

Carlos Lizarralde, the author of Venezuela’s Collapse: The Long Story of How Things Fell Apart, said: “Right now there is a real deadlock. Two sides are staring at each other, but there will be no solution unless the military is involved.

“Every single regime change in Venezuela since 1830 has had the military involved as a protagonist or as a supporting actor. There has never been in the history of the country any kind of fundamental change without the military involved in some way … For better or for worse, they hold the keys to the next stage,” added Lizarralde, who, for now, saw no sign of the military top brass switching sides, despite widespread popular anger at Maduro’s perceived theft of the election.

“People are furious. A vast majority of the population across the country demands change. But somehow the government remains in power,” Lizarralde said.

“Many underestimate how empowered the chavista government feels it is,” he continued. “I’m afraid [the government] think that it is going to be tough. They know they are playing their weakest hand, but they still have military and governmental control over the country.”

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