Posts Tagged ‘Michael Machuca’

Improving Well Pad Lease Tank Oil Custody Transfer

Posted in Oil & Gas, Tank Gauging on Tuesday, April 11th, 2017. One comment so far
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Onshore oil & gas well pads have long used small lease tanks to hold the crude oil before transferring to be hauled away, typically by crude hauling trucks. Traditionally, this custody transfer process has involved operators climbing up the lease tanks, opening the thief hatch and using a measurement stick to manually gauge the level […]

Ways to Reduce Oil and Gas Lease Operating Expenses

Posted in Oil & Gas on Friday, December 2nd, 2016. No comments yet
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For onshore oil & gas producers, squeezing every expense possible from the production and custody transfer process means the difference between flowing and shutting in the wells. In an RBN Energy post, LOE-Down – Understanding Lease Operating Expenses And How They Drive Production, they examine lease operating expenses (LOEs): …the costs incurred by an operator […]

Managing Oil and Gas Produced Fluids from Allocation to Sale

Posted in Oil & Gas on Wednesday, November 9th, 2016. No comments yet
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For onshore oil & gas producers, how accurate are your measurements from allocations at the wellhead to custody transfer? In a recorded webinar, Produced Fluids Management – Getting Paid for What you Produce, Emerson’s Michael Machuca describes the financial gains from improved measurement and control from the wellhead to the point of sale. And, how […]

Optimizing Shale Oil and Gas Production

Posted in Oil & Gas on Thursday, September 29th, 2016. One comment so far
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While the news of an OPEC oil freeze increases prices, at least in the short term, they remain well below their levels of a few years ago. The focus for oil and gas producers remains on optimizing their current producing wells at the expense of new drilling. Emerson’s Michael Machuca shared a whitepaper, Optimizing Shale […]

Reducing Unaccounted Oil and Gas Production Uncertainty

Posted in Oil & Gas, Remote Automation on Wednesday, September 7th, 2016. No comments yet
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Author: Michael Machuca Management of well pad inventory, allocation and custody transfers encompasses multiple operations that contribute to overall production management uncertainty. The accumulated measurement errors and variability in operations within a storage system can quickly add up to a significant level of uncertainty. Higher levels of uncertainty reduce the prospect for timely insight into […]