Wednesday, 26 July 2017

What Is Oil And Gas Pricing?


Oil and Gas Pricing requests are what every oil and gas company has to go through – throughout multiple stages of an asset’s lifespan. Due to the interests of governments, tax authorities, and of course a firm’s investors, shareholders and lenders, oil and gas pricing is not something that simply can be ignored. Your company’s worth is tied up in assets, and it is imperative that rigid models are constructed so external and internal powers can be placed in the same page as to what is the state of the company and how much it stands to owe.

When your firm has a number of active assets across the world, it makes sense to outsource the arduous tasks of oil and gas pricing to an expert oil and gas reservoir evaluation company with experience in economic evaluation, in order to ensure that the proper due diligence is paid. Saying that, it is also imperative that the oil and gas pricing firm also demonstrates the split between debt and equity with great precision as well as adherence to privacy.

A company’s reports does have a great impact on its value. Investors may not have perfect information or share a view on the process of investment projects without accurate oil and gas pricing. Add into the equation the scrutiny of the state- the way that each and all oil and gas companies must adhere to differing taxation advantages and differing risk profiles – especially when it comes to reserves-based lending.

Reserves-based lending is the go-to for oil and petroleum companies, but at its heart, reserves based lending is merely an asset-backed loan with the asset itself serving as collateral. With this considered, proper oil and gas pricing reserves reports are essential to give investors and lenders an accurate picture of where the company is and the worth that the company has – as most oil and petroleum companies’ wealth is strictly on paper.

ERCE are a London-based oil and gas reservoir evaluation firm and are the go-to when it comes to oil and gas pricing, and their methods of constructing models and then stress-testing them in an extensive fashion can result in investor, shareholder and lender confidence in your company. Furthermore, with their 30 years experience of fiscal systems throughout the world, ERCE are a safe bet for all manner of oil and petroleum companies on a worldwide basis.

Tuesday, 25 July 2017

Nanonsis Quantum Transport Measurement Systems – Revolutionary, Through and Through



Nanonis Retrofittable SPM, AFM and STM Control Systems have an excellent reputation for SPM applications, so much so that STM and AFM users are converting to SPM in droves.

The company is very well known as the creator of SPM equipment and software which is well and truly retrofittable and therefore compatible with all manner of branded equipment from a variety of other manufacturers, but Nanonis Quantum Transport Measurement Systems are worthy of very much celebration.

The Nanonis Tramea™ Quantum Transport Measurement System is an absolutely revolutionary product, which offers a novel and far superior approach to transport measurements. All-in-all, the Nanonis Tramea™ is a superior product in absolutely every way, shape, and form to other systems, granting far superior performance, as well as a measurement speed increase which is (quite literally) up to 1000x faster than conventional measurement systems.

A saving of 1000x the time of other systems of course grants efficiency in the laboratory, freeing up scientists to continue their work, rather than wait around for the hardware to do its job and generate its figures. The worth of the Nanonsis Tramea™ Quantum Transport Measurement System is in futureproofing, as well. The product is completely and utterly customisable, allowing it to have worth even in scientific research which has not been standardised yet.

The Nanonsis Tramea™ is quite feasibly a full replacement for a traditional measurement rack, as a complete measurement platform which provides advanced data, optimisation of said data using a series of advanced algorithms, as well as a high degree of customisation to your laboratory.

The Nanonis Tramea™ is finished off with the unique ability to provide high resolution AD/DA conversions, signal conditioning and processing, making it the perfect addition to any laboratory.

Well and truly modular, Nanonis also provides a series of add-on modules to enable you to build on this product as the needs of your laboratory and your work demands.

Friday, 21 July 2017

Making an Infrastructure Project See the Light of Day

Governments are often perplexed by the question of which infrastructure projects will work, and which will be most beneficial in the long term. As infrastructure projects in particular are rather competitive, a government often uses varying tools to evaluate whether or not projects are more beneficial than others. Finding the project that is most beneficial in the long term is arduous work, and civil engineering North Wales should present a compelling case.

The most beneficial project in the long term can (on a short term basis) be large and expensive, and have a large impact on debt dynamics and macroeconomic stability of local councils and even national governments. Nothing can be done for this, of course – the saying is that you can’t make an omelette without cracking a few eggs – but it has been very well known that governments and local authorities alike do tend to shy away from making large commitments amidst controversy regarding the allocation of large sums of public money.

Even the most beneficial project – such as the HS2 rail link between the North and the South of England – faced controversy because of the allocated spend, and this controversy was further compounded by the timescale of the project. Essentially, governments and local councils are looking to start large projects to better the lives of the people which live within their constituencies, but they tend to expect what they cannot have – small turnaround rates and small time frames.

How is a civil engineering company expected to deliver projects which bring about positive change in the light of all of this? The answer is sufficient project work. Essentially, a project should be treated as a project – it should be sold to a buyer (a government or local council) and factors which as construction, transportation, plus the local effect should be touted extensively.

The benefits to the local area and the larger one should be flaunted, and any civil engineering company or construction company in North Wales or beyond should look into enabling governments to obtain a long-term view on the macroeconomic benefits of large infrastructure projects so that they are able to make informed choices which help the community in the long-term.

Tuesday, 18 July 2017

The SPECs EnviroESCA - A Triumph in Laboratory Efficiency


The SPECs ESCA System  is an absolute triumph when it comes to chemical surface analysis under a variety of environmental conditions, and this is for very many reasons. The equipment is absolutely revolutionary, for a start – enabling an operator to use XPS techniques on compounds such as liquids and gases (or even liquids and gases, together!) and overall is being adapted by a lot of sciences thanks to the myriad functions it provides which were wishful thinking a few short years ago.


The automation possibilities on the EnviroESCA are absolutely unparalleled – the advanced software control system allows each and every sample analysis to be fully automated, and all aspects of the examination are taken care of to reduce error. EnviroESCA controls the vacuum system, the gas handling system and even every single analysis component – eliminating all possibility of human error affecting results.


Should you wish it, the SPECs EnviroESCA can even  be controlled remotely, allowing you to get the very most out of your workflow – which is highlighted with AutoLoader, which is used for entirely and completely unattended introduction and processing of sample batches – which gives the EnviroESCA a unique advantage in production based environments.


Your efficiency is paramount after all, and SPECs have highlighted this with the inception of EnviroESCA. High throughput analysis of stored samples or parts can be realised, giving the EnviroESCA undoubted application in production environments.


Choice is imperative to SPECs though, and their establishment of choice in EnviroESCA is excellent. Should you wish to have an experienced user perform these checks his or herself, you’re more than capable of enabling manual access. All that is needed is a few button presses and you’ll be more than set to go.

The SPECs EnviroESCA is a stunning piece of kit, and is providing vital to many industries including food science, medical research, and cosmetic sciences to name a few, and the reliability of the EnviroESCA is another attractive feature. Each and every system component has been assessed for extended lifetime operations by SPECs themselves, and each display high reliability which ensures low cost of ownership. Furthermore, rapid and easy maintenance cycles reduce downtime and service costs for the EnviroESCA.

Reliable Depth Conversion and Velocity Modelling with Velit

Velit is Equipoise Software’s depth conversion software plugin for Petrel and Kingdom, which offers superior velocity modelling and depth conversion thanks to an array of features which are designed for teams which seek to increase their efficiency, vastly lessen uncertainty associated with the depth conversion and well velocity process, and also take advantage of a vast array of features which are intended to offer an extremely powerful package.

As such, the robustness of a velocity model for depth conversion depends upon a variety of factors. Velit has them all covered, and provides an industry standard tool for velocity modelling and depth conversion which is used in very many sites throughout the world as a plugin to both IHS Kingdom and Petrel software.


Striving For Geological Consistency in your Velocity Model

Consistency within Velocity models is judged by the application of the proper layering scheme – which in hard rock environments means that true geological structures are followed with consideration placed upon lithological contrasts such as bedding, folding, and faulting.

Within softer rock environments, layering may parallel topography structures or bathymetry – as velocity can be confined to a function of depth of burial within these environments.  Multi-layer depth conversion compounds the problem even further, and velocity models must be divided into separate geological layers which are more than likely of differing interval velocity. As such, varying velocity models must be adapted for each layer, and depth prediction of the base of the layer is usually the seismic datum, with the base of such forming the top of the preceding layer. This conversion is repeated, layer by layer, to the last horizon of interest.

There are multiple ways of doing this, and this is where Velit in particular truly shines. Choosing the best function is an easy task within Velit, whether you are using this plugin on Petrel or IHS Kingdom, and Velit provides ways for the user to switch between varying methods and truly interrogate their data in order to evaluate the fit in the best, most effective way.

CFL Is Dead - Long Live LED

LED Lighting has made quite a splash in very many fields of industry since 2005, and in 2017 is synonymous with very many fields such as roadworks, construction, retail, and even agriculture. It’s really not that hard to see why – LED Lighting, be it LED Rope Lights, LED Strip Lights or even LED Extrusions are superior to CFL Lighting and Incandescent lighting in absolutely every way, shape and form.

LED Lighting should be seen of less of a competitor and more of a replacement for antiquated lighting which exists simply for throwbacks sake – developed for the sake of having something, anything, because there was nothing better at the time.

When it comes to lighting, whether for retail, industry, or even residential use - the battle is won and LED Lighting is the overwhelming winner in every way with absolutely no drawbacks to use in comparison to CFL and incandescent lighting. Thanks to the industry in general discovering the potential of LED lighting, it’s never been easier to find.

Whether it’s down to much more lighting options such as the ability to host far more shades of colours and tones (LED Lighting is a far cry from the stark and faceless lighting it originated as. Nowadays, LED Lighting has far more colour temperature options than conventional lighting – which will allow absolutely anyone to find the light that is perfect for them.

LED Lighting has so many features which make it the far superior choice- reduced electricity consumption, reduced production of harmful c02 emissions, or even the fact that it’s truly never been cheaper to retrofit an entire premises with LED Lighting, and very many lighting manufacturers are completely and entirely on board with LED Lighting products such as LED Rope Lights and LED Strip Lights. They’re absolutely everywhere, and you can get a great choice from a number of well known and well trusted manufacturers, and it’s truly never been easier.

Whether it’s super-powerful and supremely durable LED Rope Lighting, slick and customisable LED Strip Lighting or even LED Extrusions, which are well loved by very many industries for the fact that it is so adaptable, LED Lighting is the future and it’s never been more apparent.

Monday, 17 July 2017

Improving Industrial Hose Efficiency With Hydrostatic Testing


Testing Your Industrial Hoses To Improve Efficiency


One of the most commonly used methods of testing your industrial hose is with hydrostatic testing. Buckley Industrials hydrostatic pressure testing facility provides a highly accurate test result via the computer aided tracking system and high-quality equipment.

A pressure test for every industrial hose in your industry is of paramount importance, firstly with preventing health and safety risks to employees and the environment but also with keeping a high standard of efficiency and productivity. It is essential to streamline the performance of each individual hose with regular testing to achieve high-quality products.

It is unfortunate that all extensively used products have a lifespan, and time can take its toll on your hoses. Cracks, splits, tears and rupturing can occur after constant use under high pressures and temperatures, but efficiency can be maintained with one or more testing methods.

Destructive Tests


As the name suggests, the hose is destroyed during the performance of these particular tests.

During a burst test, the burst pressure is recorded at the point of the hose rupturing.

A hold test will determine the point where a weakness will develop and at what pressure during a specified amount of time.

Non-Destructive Tests


Occasionally, the weaknesses in a hose are unable to be detected by the human eye via a visual examination.

A volumetric expansion test is only applied to specific types of hose, for example; hydraulic or power steering hose. The results come from the measure of the volumetric expansion whilst under various internal pressures.
A rise test is the measurement of the hose height from the surface of the table where the test is taking place. Results are determined by the differences between the rise at 10psi, (0.069 MPa), and the proof pressure is recorded to the nearest 0.25 inch.

If these examples of hydrostatic pressure tests are carried out correctly and regularly, your industrial hoses will almost certainly not become a health and safety risk, with efficiency and productivity being maintained consistently within your industry.