The World’s Largest Public Oil & Gas Companies in 2016 by Forbes. This is so interesting to know that Russian companies are ranked as the first and the second biggest public oil and gas company in 2016.
Forbes’ List of the 25 Biggest Public Oil & Gas Companies
Gazprom (GAZP, com) – Russia – 8.38 MMBoepd – EV $84.3 billion
Rosneft (ROSN, com) – Russia – 5.07 MMBoepd – EV $72.5 billion
ExxonMobil ( XOM, com) – USA – 4.10 MMBoepd – EV $390 billion
PetroChina ( PTR, com) – China – 4.07 MMBoepd – EV $303 billion
BP (BP; com) – UK – 3.24 MMBoepd – EV $121 billion
Royal Dutch Shell (RDS.A – com) – Netherlands – 2.95 MMBoepd – EV $216 billion
Chevron (CVX; com) – USA – 2.62 MMBoepd – EV $207 billion
Petrobras (PBR; com) – Brazil – 2.55 MMBoepd – EV $132 billion
Lukoil (LKOH; com) – Russia – 2.40 MMBoepd – EV $36.2 billion
Total (TOT; com) – France – 2.35 MMBoepd – EV $136 billion
Do you dream of an employment in the oil and gas sector but you are clueless as to how to accomplish it?
You need not stress anymore. This article is just what you need to guide you to attaining that goal.
Making the decision of working in the oil and gas industry is a great one, the industry is very lucrative. However, you may face the challenge of being inexperienced and being clueless about how and where to begin from. Actually, the fact that you don’t have any initial experience is not the issue, you still have the opportunity of breaking into the industry if you plan well. A good plan, good networking and initiative will help you achieve the goal easily.
This article will explain the overview of slips and elevator which are very important tool on the rig.
Slips are wedge-shaped gripping devices which are used to suspend the drill string in the hole. They fit around the body of drill pipe and wedge in the taper of the rotary table’s opening. Slips have serrated inserts or dies that will grip the outside diameter of the tubular when it is set on the rotary table. To set the slips, rig crews place them around the pipe and the driller then slowly lowers the pipe until the slips can take up the load. The dies in the slips will firmly hold the pipe. In order to remove the slips, rig crew grasp the slip handles and as the driller picks up the pipe, they lift them out of the rotary table opening and set them aside.
You can watch this video to see how the rig crew set and remove the slips
Obviously this isn’t the best time to graduate in Geophysics, Geology or Engineering if you have a plan to make a career in oil & gas at this time 2016. However, it isn’t the first time that such precipitous fall in the oil prices has taken place, and many people in the industry today graduated when the prices of oil previously hit low levels, quite similar to the present situation. So what are the things that new graduates should do in order to position themselves for the time when oil prices finally begins rising again and “recovery” starts in the oil industry.
This example will demonstrate how to determine the compressibility factor (z) for gas with CO2 and H2S. As it is described in the article,Determine Compressibility of Gases , it states that gas with CO2 and H2S must be corrected. This is similar to a normal method for determining z-factor but it is required some correction. Please follow the steps below;