Oil and gas companies are continually upgrading drilling and production facilities in response to safety, regulatory, and technology advances, causing the amount of data that an operator must interpret in order to optimize a facility's production to increase exponentially. Trained employees are at premium demand in the field, and companies are willing to pay for skills. However, there are too many skill-specific positions available and too many untrained applicants, and companies within this industry lack the recruiting, training, and experience necessary to train them. Workforce Education at Oil and Gas Companies in the Permian Basin: Emerging Research and Opportunities is an essential scholarly resource that examines changing technical, data analysis, and decision-making skills required of operations or maintenance personnel, as well as expectations for future changes. The book contrasts these needs against a typical oilfield worker's education level and skillset in order to target potential solutions for the challenges that face today's workforce. Highlighting topics such as economic development, oilfield technology, and employee training, this book is geared toward oil and gas workers, training facilitators, education practitioners, industry professionals, academicians, and researchers.

This important book provides a comprehensive analysis of technological change and environmental policy within the oil and gas industry. It identifies and measures the impact of technological change, both in market and environmental output sectors and takes steps to identify key causal relationships. The author focuses on the design and implementation of environmental policies that encourage technological progress in the face of the depletion of natural resources and the increasing stringency of environmental regulations. Detailed policy scenarios provide quantitative assessments indicating the significance of the potential benefits of technological change and well-designed environmental policy. With a sophisticated description of innovations within the oil and gas industry, this book will be of great interest to postgraduate students in economics, as well as in public policy, business administration and engineering. It will also appeal to practitioners in the energy industry and energy and environmental policymakers as it demonstrates how successful market and environmental policies can contribute to efficiency by encouraging, rather than inhibiting, technological innovation.

The 1970s were a decade of historic American energy crises - major interruptions in oil supplies from the Middle East, the country's most dangerous nuclear accident, and chronic shortages of natural gas. In Energy Crises, Jay Hakes brings his expertise in energy and presidential history to bear on the questions of why these crises occurred, how different choices might have prevented or ameliorated them, and what they have meant for the half-century since - and likely the half-century ahead. Hakes deftly intertwines the domestic and international aspects of the long-misunderstood fuel shortages that still affect our lives today. This approach, drawing on previously unavailable and inaccessible records, affords an insider's view of decision-making by three U.S. presidents, the influence of their sometimes-combative aides, and their often tortuous relations with the rulers of Iran and Saudi Arabia. Hakes skillfully dissects inept federal attempts to regulate oil prices and allocation, but also identifies the decade's more positive legacies - from the nation's first massive commitment to the development of alternative energy sources other than nuclear power, to the initial movement toward a less polluting, more efficient energy economy. The 1970s brought about a tectonic shift in the world of energy. Tracing these consequences to their origins in policy and practice, Hakes makes their lessons available at a critical moment - as the nation faces the challenge of climate change resulting from the burning of fossil fuels.

Oil and gas engineers today use three main factors in deciding drilling fluids: cost, performance, and environmental impact, making water-based products a much more attractive option. Water-Based Chemicals and Technology for Drilling, Completion, and Workover Fluids effectively delivers all the background and infrastructure needed for an oil and gas engineer to utilize more water-based products that benefit the whole spectrum of the well's life cycle. Helping to mitigate critical well issues such as formation damage, fluid loss control, and borehole repair, more operators demand to know the full selection of water-based products available to consistently keep a peak well performance. This must-have training guide provides the necessary coverage in the area, broken down by type and use, along with an extensive list of supportive materials such as a chemical index of structural formulas and helpful list of references for further reading. In addition to understanding the types, special additives, and chemical compatibilities of the products available, the reader will also learn proper waste disposal techniques, including management of produced water, a component mandatory to hydraulic fracturing operations. Concise and comprehensive, Water-Based Chemicals and Technology for Drilling, Completion, and Workover Fluids details all the necessary educational content and handy references to elevate your well's performance while lowering your environmental impact.

Is the earth's oil supply starting to run out, or is there far more oil than some experts believe? This book points out flaws in the research used to warn of an oil shortfall and predicts that large new reserves of oil are soon to be tapped. In the last decade, oil experts, geologists, and policy makers alike have warned that a peak in oil production around the world was about to be reached and that global economic distress would result when this occurred. But it didn't happen. The "Peak Oil" Scare and the Coming Oil Flood refutes the recent claims that world oil production is nearing a peak and threatening economic disaster by analyzing the methods used by the theory's proponents. Author Michael C. Lynch, former researcher at Massachusetts Institute of Technology (MIT), debunks the "Peak Oil" crisis prediction and describes how the next few years will instead see large amounts of new supply that will bring oil prices down and boost the global economy. This book will be invaluable to those involved in the energy industry, including among those fields that are competing with oil, as well as financial institutions for which the price of oil is of critical importance. Lynch uncovers the facts behind the misleading news stories and media coverage on oil production as well as the analytic process that reveals the truth about the global oil supply. General readers will be dismayed to learn how governments have frequently been led astray by seeming logical theories that prove to have no sound basis and will come away with a healthy sense of skepticism about popular economics.

This book explores the important role that economic performance measurement is playing in the regulation of network utilities in many countries today. The contributors to the book - researchers from academia, regulatory agencies and consulting firms - address the use of efficiency measures in price regulation and in assessing the effects of past regulatory reforms. Industries examined include electricity supply, water supply, telecommunications and airlines, across a range of countries including the USA, UK, Norway, the Netherlands, Australia and New Zealand.Performance Measurement and Regulation of Network Utilities is unique in that, unlike many other books in this area, it is devoted to the use of performance measurement in these regulatory settings. It is a timely contribution to the literature, given that performance measurement is an integral part of the new incentive regulation methods which have been adopted by many regulatory agencies around the world. Academics specialising in regulation and performance measurement and students of regulatory economics courses, organization studies and public sector economics will all find this book of great interest. It will also appeal to regulators, regulatory consultants and regulatory sections of major utilities.

This groundbreaking new book features holistic coverage of technological breakthroughs, financing trends, workforce development issues, and comparative regional case studies in solar energy. It provides a global bird's-eye view of the industry for scientists, engineers, business leaders, and policymakers - anyone seriously engaged in the rapidly evolving field of solar energy. The expert author's analysis includes primary data from the first comprehensive solar industry survey conducted in the United States, insights from key thought leaders in the energy sector, and case studies from international leaders in solar development. "Solar Energy Markets" examines six key drivers of the solar industry: 1) a new culture of environmentalism; 2) policy and markets; 3) financing and venture capital; 4) economics and cost-competitiveness; 5) innovation; and 6) labor. In a field too often marked by divisive over-specialization, this resource provides invaluable context, demonstrating how the solar field s innovative triumphs and inherent challenges play out in the real global marketplace.
Analyzes key drivers of the solar industry at international, national and local levels Synthesizes the first comprehensive surveys of the U.S. solar industry Uniquely ties together technological innovation with market implications for engineers, business leaders and policymakers alikeExamines the evolving role of China in global solar markets"

The use of fracking is a tremendously important technology for the recovery of oil and gas, but the advantages and costs of fracking remain controversial. This book examines the issues and social, economic, political, and legal aspects of fracking in the United States. Hydraulic fracturing of oil and gas wells-known commonly as "fracking"-has been in use in the United States for more than half a century. In recent years, however, massive expansion of shale gas fracturing across the nation has put fracking in the public eye. Is fracking a "win win" like its proponents say, or are there significant costs and dangers associated with the use of this energy production technology? This book examines fracking from all angles, addressing the promise of the United States becoming energy independent through the use of the process to tap the massive amounts of natural gas and oil available as well as the host of problems associated with fracking-groundwater contamination and increased seismic activity, just to mention two-that raise questions about the long-term feasibility of the process as a source of natural gas. The first part of the book provides a historical background of the topic; a review of technical information about fracking; and a detailed discussion of the social, economic, political, legal, and other aspects of the current fracking controversy. The second part of the book provides a host of resources for readers seeking to learn even more in-depth information about the topic, supplying a chronology, glossary, annotated bibliography, and profiles of important individuals and organizations. Written specifically for students and young adults, the content is accessible to readers with little or no previous knowledge regarding fracking. Provides readers with a complete historical review of the origins, development, and expansion of the use of fracking Explains the technical principles related to the use of fracking in clear, nontechnical language Presents an unbiased review of the arguments for and against the use of fracking for the recovery of oil and gas Supplies a summary of the history of the use of fracking in the United States

The UK model of incentive regulation of power grids was at one time the most advanced, and elements of it were adopted throughout the EU. This model worked well, particularly in the context of limited investment and innovation, a single and strong regulatory authority, and limited coordination between foreign grid operators. This enlightening book demonstrates how the landscape has changed markedly since 2010 and that regulation has had to work hard to catch up and evolve. As the EU enters a wave of investment and an era of new services and innovation, this has created growing tensions between national regulatory authorities in terms of coordinating technical standards and distribution systems. This is being played out against an increasingly disruptive backdrop of digitization, new market platforms and novel business models. Electricity Network Regulation in the EU adopts a truly European approach to the complex issues surrounding the topic, focusing on the grey areas and critical questions that have traditionally been difficult to answer. Incentive regulation and grids are addressed simultaneously at the theoretical and practical level, providing the reader with fundamental concepts and concrete examples. This timely book is an invaluable read for energy practitioners working in utility companies, regulators and other public bodies. It will also appeal to academics involved in the world of electricity regulation. The book utilizes language that would make it suitable for interdisciplinary students, including engineering and law scholars. Contributors include: P. Bhagwat, J.-M. Glachant, S.Y. Hadush, L. Meeus, V. Rious, N. Rossetto, T. Schittekatte

The economics of energy has been a contested issue over the past century. Although it has not figured prominently in mainstream economics, numerous alternative proposals have called for energy to play a more central role in economic theory. In this highly original and enlightening volume, Guido Buenstorf develops a new conceptual approach to the economics of energy which originates from recent advances in evolutionary economics. The book proposes a non-reductionist, evolutionary approach to the economics of energy and sets out by asking how energy use in production contributes to the use value of goods. Based on a sequential production framework, the author re-interprets the notion of factors of production, identifies long-term patterns of change in energy use, and highlights the role of technical interdependence in adopting new energy technologies. This approach is then applied to three historical cases of energy innovation: the transition from wood to coal, the introduction of the steam engine, and the electrification of industrial production. Academics and researchers in the fields of evolutionary economics, ecological economics and innovation will welcome this fresh and illuminating interpretation of the economics of energy and its role in the process of production.

Through a variety of analytical lenses - formal modeling, econometrics and case study comparisons - Carlos RufIn fills a gap in the political economy of second-wave, or microeconomic, reforms around the world. More specifically, he does so in the context of the electricity supply industry, where such reforms have been as problematic as they have been widespread. The author shows that ideological considerations and bargaining over the distribution of economic rents accruing from certain institutional arrangements are powerful shapers of institutional change. At the same time, the legacy of the past does not appear to have a clear or systematic effect on the direction of second-wave reforms that seek to transform existing economic institutions. If distributional conflicts can be resolved, these conclusions provide grounds for optimism about the ability to create new institutions even in countries where little favorable precedent exists. Political economy and public policy scholars, specialists on business-government relations and non-market strategy and those interested in Latin America will find this comprehensive book of great interest. Practitioners involved in the design and implementation of second-wave reforms around the world will find this an essential addition to their library.

Why do organisations 'leave money on the floor' by neglecting highly cost effective measures to improve energy efficiency? This question lies at the heart of policy debates over climate change and is a focus of continuing dispute within energy economics. This book explores the nature, operation and relative importance of different barriers to energy efficiency through a comprehensive examination of energy management practices within a wide range of public and private sector organisations. The authors use concepts from new institutional economics to explain individual and organisational behaviour in relation to energy efficiency, and identify the mechanisms through which such barriers may be overcome. In doing so, they are able to shed new light on the 'barriers debate' and provide a valuable input to the future development of climate policy. Combining a critical evaluation of different theoretical perspectives with detailed case study research, this significant new book analyses how and why organisations waste energy and suggests practical policy measures to help prevent these losses. It will be required reading for professional economists, academics and students with an interest in energy use, environmental policy and organisational economics. It will also be highly relevant for policymakers and consultants working on the important policy issues surrounding energy efficiency and climate change.

This book is the latest annual review of utility regulation and deregulation, published in association with the Institute of Economic Affairs and the London Business School. It contains a series of chapters from leading practitioners in the field which comment on the most significant and up-to-date developments. Topics include US telecoms deregulation, road network regulation, UK competition policy, Ofcom and light touch regulation, railway regulation, the liberalisation of European utility markets, postal regulation, investment and regulation, and energy regulation in the UK. Two papers are presented on each issue: the first by a distinguished academic or industry expert and the second, a shorter comment, usually by the relevant regulator. Together they show how regulation and deregulation are evolving, and highlight the successes which have been achieved and the failures which must be overcome. This book will be of considerable value to practitioners, policymakers and academics involved in regulatory reform and regulatory economics. It will also be of interest to anyone wishing to gain an overview of international regulatory policies.

Mo(W)-Based Catalysts have the capacity to drastically impact many different industries. Research on their most current applications is important for the success of many organizations and companies, specifically the chemical and petroleum industries. Innovative Applications of Mo(W)-Based Catalysts in the Petroleum and Chemical Industry: Emerging Research and Opportunities is an informative resource that overviews emerging methods and techniques that incorporate 2D layer Mo(W) dichalcogenides. Featuring extensive coverage on a range of subjects including 2D nanosheets, hybridization, dichacogenides, and oxide based catalysts, this is an ideal publication for academicians, students, engineers, and researchers seeking insight on the latest advancements in Mo(W)-Based catalyst applications.

Sustainable development and global climate change have figured prominently in scientific analysis and international policymaking since the early 1990s. This book formulates technology strategies that will lead to environmentally sustainable energy systems, based on an analysis of global climate change issues using the concept of sustainable development. The authors focus on environmentally compatible, long-term technology developments within the global energy system, while also considering aspects of economic and social sustainability. The authors analyze a large number of alternative scenarios and illustrate the differences between those that meet the criteria for sustainable development and those that do not. As a result of their analysis, they identify a variety of promising socio-economic and environmental development paths that are consistent with sustainable development. One sustainable-development scenario and its policy implications are then presented in detail from a technology change perspective. The authors propose ambitious targets for technology adoption that are judged to achieve the desired socio-economic and environmental goals. Although the optimal policy mix to pursue these targets is clearly country-specific, the authors suggest that energy-related R&D that leads to technology performance improvements and the promotion of technology adoption in niche markets are the policy options which will yield the most significant long-term benefits. Policymakers, economists and researchers working on sustainability, energy economics, and technology change and innovation will welcome this topical and highly readable book.

Two decades ago, British Petroleum, a venerable and storied corporation, was running out of oil reserves. Along came a new CEO of vision and vast ambition, John Browne, who pulled off one of the greatest corporate turnarounds in history. BP bought one company after another and then relentlessly fired employees and cut costs. It skipped safety procedures, pumped toxic chemicals back into the ground, and let equipment languish, even while Browne claimed a new era of environmentally sustainable business as his own. For a while the strategy worked, making BP one of the most profitable corporations in the world. Then it all began to unravel, in felony convictions for environmental crimes and in one deadly accident after another. Employees and regulators warned that BP's problems, unfixed, were spinning out of control, that another disaster--bigger and deadlier--was inevitable. Nobody was listening. Having reported on business and the energy industry for nearly a decade, Abrahm Lustgarten uses interviews with key executives, former government investigators, and whistle-blowers along with his exclusive access to BP's internal documents and emails to weave a spellbinding investigative narrative of hubris and greed well before the gulf oil spill.

Despite the extensive body of literature on energy economics, very little economics research has been conducted that focuses specifically on dams and hydroelectric power. Brian Edwards addresses this deficiency by examining the multiple roles that dams play, as well as the role of hydroelectric power within the context of the energy industry. Brian Edwards provides an in-depth analysis of how dams are used in water management, flood control and irrigation, as well as the environmental impacts of their construction and operation. He examines the types of restrictions imposed on operators to mitigate impacts, and the resulting tradeoffs between achieving hydroelectric generation and environmental management objectives. Also covered is the role of hydroelectric power in both a regulatory framework and within the context of the energy industry deregulation that has occurred in the US and other countries. A simple dynamic model of a hydroelectric generating facility forms the basis for other models discussed. Case studies of dams operated by the United States Department of Energy are also included. Environmental economists, researchers, policymakers, practitioners, and those interested in natural resources and the energy industry will find this a unique and valuable study.

Encompassing papers form the 2019 Water and Society Conference, this book is a collection of latest trans-disciplinary research on issues related to the nature of water, and its use and exploitation by society. This book demonstrates the need to bridge the gap between specialists in physical sciences, biology, environmental sciences and health. Over the centuries, civilisations have relied on the availability of clean and inexpensive water. This can no longer be taken for granted as the need for water continues to increase due to the pressure from growing global population demanding higher living standards. Agriculture and industry, major users of water, are at the same time those that contribute to its contamination. Water distribution networks in urban areas, as well as soiled water collection systems, present serious problems in response to a growing population as well as the need to maintain ageing infrastructures. Many technologically feasible solutions, such as desalination or pumping systems are energy demanding but, as costs rise, the techniques currently developed may need to be re-assessed. The research contained in this book addresses the interaction between water and energy systems. The socio-political implications of a world short of clean, easily available water are enormous. It will lead to realignments in international politics and the emergence of new centres of power in the world. The following list covers some of the subjects included in this book: Water resources management; Agribusiness; Water as a human right; Water quality; Water resources contamination; Sanitation and health; Water and disaster management; Policy and legislation; Future water demands; Irrigation and water management; Management of catchments; Groundwater management and conservation.

The issue of electricity reform has been on the agenda in Europe for a decade and remains a high priority for policymakers looking to the future. However, the performances of new electricity markets are still not clear and arouse significant controversy. This book focuses on the diversity of electricity reforms in Western Europe, drawing evidence from ten European Union memberstates plus Norway and Switzerland as associate members. The contributors analyse the various ways of introducing competition in the European electricity industries, and consider both the strategies of electricity companies and their behaviour in electricity marketplaces. They also offer an explanation of the differences of reforms by the institutions and the industrial structures of each country which shape the types of marketrules, industrial restructuring and public service regulations which have been adopted. As a whole, this volume will attract scholars, PhD and post-graduate students, notably those interested in energy economics, comparative institutional economics and applied industrial economics. European and non-European energy companies or regulatory authorities looking for an independent and analytical overview of European electricity markets will also find this book of great interest.

The provision of water and sanitation services (WSS) in developing countries has traditionally been the preserve of the state, but recently there has been a move towards greater private sector participation (PSP). While the potential economic benefits of PSP are well-known, the authors extensively discuss the environmental and social implications unique to the sector. The focus of the book is on the crucial role public authorities must continue to play to guarantee sustainability, levels of service and access to a variety of consumers. The authors show how these objectives are realised in very different ways - and not always successfully - in developing countries. The authors critically review the current literature and include new case studies from Manila, Buenos Aires, Cordoba, Abidjan and Mexico City. Private Firms and Public Water will be of interest to regulatory officials, economists, development professionals and scholars, as well as government, business and NGOs.

In this unique work, Jennifer Considine and William Kerr contend that while OPEC currently dominates the international oil market, Russia will be a key player in the future international energy market. Indeed, Russia's petroleum resources rival those of Saudi Arabia. More than almost any other industry, future performance is often determined by the influence of decisions made in the past. This book provides a detailed history of the development of the Russian oil economy in order to build up a comprehensive and discerning picture of its future role and significance in the global energy market of the 21st century. The authors of this path-breaking treatment of the Russian oil economy present: * an assessment of the effects of the political and macroeconomic development of the Russian Federation and former Soviet Union on the resources, reserves and infrastructure of the current oil industry * an economic evaluation of the contemporary policies and institutions in the Russian Federation, including policy recommendations and forecasts * detailed statistics on all aspects of the Russian oil industry, including reserves, production, five-year planning targets, government policy, and tax rates, from 1860-2001. The Russian Oil Economy will be of enormous interest to a wide-ranging audience, encompassing oil industry executives and analysts, investment bankers, energy consultants, energy policymakers, and those involved in the study, teaching and research of energy, Russian history and transition.

Enhanced-Oil Recovery (EOR) evaluations focused on asset acquisition or rejuvenation involve a combination of complex decisions, using different data sources. EOR projects have been traditionally associated with high CAPEX and OPEX, as well as high financial risk, which tend to limit the number of EOR projects launched. In this book, the authors propose workflows for EOR evaluations that account for different volumes and quality of information. This flexible workflow has been successfully applied to oil property evaluations and EOR feasibility studies in many oil reservoirs. The methodology associated with the workflow relies on traditional (look-up tables, XY correlations, etc.) and more advanced (data mining for analog reservoir search and geology indicators) screening methods, emphasizing identification of analogues to support decision making. The screening phase is combined with analytical or simplified numerical simulations to estimate full-field performance by using reservoir data-driven segmentation procedures.
Case Studies form Asia, Canada, Mexico, South America and the United States

Assets evaluated include reservoir types ranging from oil sands to condensate reservoirs.

Different stages of development and information availability are discussed