[tt] Next Big Future - 2 new articles

Eugen Leitl <eugen at leitl.org> on Thu Sep 18 17:54:38 CEST 2008

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"[2]Next Big Future" - 2 new articles

    1. [3]Petrobanks Capri / Thai processes for upgrading and recovering
       oilsands and heavy oil
    2. [4]Cray CX-1 Personal Supercomputer starting at $25,000 and up to
       786 gigaflops performance
    3. [5]More Recent Articles
    4. [6]Search Next Big Future

[7]Petrobanks Capri / Thai processes for upgrading and recovering oilsands
and heavy oil

   [8]Graphics and information from the Sept 2008 Petrobank investors
   presentation (48 pages) If the Capri/Thai processes are successful
   then Canada's oilsands, other oilsands and heavy oil deposits around
   the world will have higher recovery rates using a more economic
   process and the oil will be upgrading in the ground to a higher and
   more valuable quality. This would be the technology that would crush
   peak oil for several decades and allow an orderly transition to a post
   oil world. The processes would enable trillions of barrels of oil to
   be economically accessed. In a few months the Capri process could be
   proven out and the energy world would be changed. Oil technology would
   change the world by unlocking the oilsand and heavy oil around the
   world. Trillions of barrels of oil would become economically feasible.
   It would be a and game changer. More projects like the one in [9]would
   go ahead to access 3-4 billion barrels of oil at 120,000 bpd within 5
   years.
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   [16]Petrobank aims to upgrade oilsand bitumen before it ever comes to
   the surface. Petrobank will soon launch the CAPRI component of its in
   situ toe-to-heel air injection production technology. Upgrading the
   oil in the ground avoids the delays and costs associated with building
   refineries and transporting the bitumen to upgraders.

     It´s called the CAPRI system and it´s been designed to do the job
     of a refinery at the bottom of Petrobank´s patented THAI
     (toe-to-heel air injection) wells at the company´s pilot project
     near Christina Lake in northeastern Alberta. In the THAI system, an
     air pressure-driven combustion front loosens heavy oil as it slowly
     works its way forward, and the freed oil flows under gravity
     through slots in horizontal collector pipes, then is gas-lifted to
     surface processing systems.
     For the CAPRI pilot, the horizontal pipes have been uniquely
     configured such that after passing through the slots, the hot crude
     will pass through a bed of catalyst and on through slots in a
     concentric inner pipe before being lifted.
     The cracking to be achieved by CAPRI will be a step further in the
     upgrading process already occurring with THAI. With temperatures of
     over 600C, THAI has achieved coking, raising 8 API oil to 13 or 14
     degrees.
     Lab results have predicted a 7 API boost using CAPRI. This would
     the oil up to 20 to 21 API which would be almost as good as Mexican
     heavy oil. API 21 oil could get 80% of the price of Brent oil.
     "Even with another two or three out of CAPRI, you´re getting
     significantly up the food chain in terms of oil quality," he says.
     In that minimum case, together with THAI, it means they´d be going
     from an 8-degree crude to a 16-degree crude. "With such a
     viscosity, it greatly reduces the need for a condensate," he says.
     "So there´s an economic advantage."
     Once the THAI-CAPRI pair is working in concert, it will be a
     genuine self-contained underground refinery. "Basically, you´ve got
     [17]the coker and the [18]cat cracker [catalytic cracking]," says
     Bloomer.
     Along with the efficiencies expected from the pair, Petrobank has
     complementary technologies it´s developing through its research and
     development facility, Archon Technologies, to run in parallel.
     "We´re looking at a number of technologies," says Bloomer.
     "Enriched oxygen, sulphur recovery-taking the H2S and creating a
     solid sulphur product that is close enough to 100 per cent to be
     usable."
     It is a global heavy oil technology. It can be applied around the
     world in all kinds of reservoirs. Colombia, Venezuela, the United
     States, Saskatchewan, Russia, offshore Brazil.

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   API and Price
   [20]Generally speaking, oil with an API gravity between 40 and 45
   commands the highest prices. Above 45 degrees the molecular chains
   become shorter and less valuable to refineries.
   Light crude oil is defined as having an API gravity higher than 31.1
   °API
   Medium oil is defined as having an API gravity between 22.3 °API and
   31.1 °API
   Heavy oil is defined as having an API gravity below 22.3 °API.
   Bitumen sinks in fresh water, while oil floats.
   Crude oil with API gravity less than 10 °API is referred to as extra
   heavy oil or bitumen. Bitumen derived from the oil sands deposits in
   the Alberta, Canada area has an API gravity of around 8 °API. It is
   'upgraded' to an API gravity of 31 °API to 33 °API and the upgraded
   oil is known as synthetic crude.
   [21]Oil prices for different API grade oil from the EIA.
   THAI Process Benefits
   o Minimal natural gas and water use
   o Higher recovery rates - 70-80% of oil in place
   o Improved economics
   o Lower capital cost - 1 horizontal well, no steam & water handling
   facilities
   o Lower operating cost - negligible natural gas & minimal water
   handling
   o Higher netbacks for partially upgraded product
   o Faster project execution time
   o Lower environmental impact
   o 50% less greenhouse gas emissions
   o Net useable water production
   o Partial upgraded oil requires less refining
   o Smaller surface footprint
   o THAI /CAPRI - step change heavy oil technologies
   o Up to 804 mmbbls recoverable (based on SAGD) in Petrobanks Whitesand
   block
   Petrobank is also big in Saskatchewans part of the Bakken Oil
   Formation
   FURTHER READING
   [22]A coker or coker unit is an oil refinery processing unit that
   converts the residual oil from the vacuum distillation column or the
   atmospheric distillation column into low molecular weight hydrocarbon
   gases, naphtha, light and heavy gas oils, and petroleum coke. The
   process thermally cracks the long chain hydrocarbon molecules in the
   residual oil feed into shorter chain molecules.
   [23]Fluid catalytic cracking (FCC) is the most important conversion
   process used in petroleum refineries. It is widely used to convert the
   high-boiling hydrocarbon fractions of petroleum crude oils to more
   valuable gasoline, olefinic gases and other products. Cracking of
   petroleum hydrocarbons was originally done by thermal cracking which
   has been almost completely replaced by catalytic cracking because it
   produces more gasoline with a higher octane rating. It also produces
   byproduct gases that are more olefinic, and hence more valuable, than
   those produced by thermal cracking.
   [24]Heavy oil issues
   [25]Ecuador projectg that would be funded by another company, Ivanhoe,
   using Petrobank technology

     Pungarayacu reserves are 3-4 billion bbl of 8° gravity oil, and the
     company hopes to produce 30,000-120,000 b/d from the field within 5
     years.
     Petrobank Energy & Resources Ltd. has evaluated the commercial
     viability of developing the field, examining various alternatives
     for the optimal exploitation strategy for the extensive heavy oil
     resource. Ivanhoe has the technology to transform the heavy crude
     into a lighter, 23° gravity grade.
     If the project to develop Pungarayacu is approved, the Canadian
     company plans to invest nearly $5 billion in the project, according
     to a Bloomberg report, with Ecuador paying $37/bbl for the oil
     extracted.
     According to project plans, the field will be evaluated and results
     ratified, then production would begin at 30,000 b/d, rising
     gradually to as much as 120,000 b/d. The contract will be for 20
     years with options for 10-year extensions

   .

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   [41]Rate 'Petrobanks Capri / Thai processes for upgrading and
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[42]Cray CX-1 Personal Supercomputer starting at $25,000 and up to 786
gigaflops performance

   [43]Cray is releasing a personal supercomputer the cray CX1 which will
   run [44]Microsoft HPC Server 2008 operating system. It will start off
   at $25,000 and goes to $80,000 or more
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   [51]The CX1 chassis has enough room for eight blades of single- or
   dual-socket Intel Xeon processors. In today's presentation, Cray said
   the current peak configuration for the chassis is 64 cores with 3.4
   GHz bus working at 786 gigaflops. Each chassis can be connected to up
   to 4 TB of storage.

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   [53]It has 8 to 16 Intel Xeon processors

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  67. http://www.feedblitz.com/related.asp?http://feeds.feedburner.com/~r/blogspot/advancednano/~3/394884829/cray-cx-1-personal-supercomputer.html
  68. http://www.talkr.com/app/text_to_audio.app?feed_url=http%3a%2f%2ffeeds.feedburner.com%2fblogspot%2fadvancednano&permalink=http%3a%2f%2ffeeds.feedburner.com%2f~r%2fblogspot%2fadvancednano%2f~3%2f394884829%2fcray-cx-1-personal-supercomputer.html&src=5
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  71. http://feeds.feedburner.com/~r/blogspot/advancednano/~3/394239404/international-rectifier-new-gallium.html
  72. http://feeds.feedburner.com/~r/blogspot/advancednano/~3/393928250/carbon-nanotube-reinforced-composites.html
  73. http://feeds.feedburner.com/~r/blogspot/advancednano/~3/393902193/financial-condition-of-different.html
  74. http://feeds.feedburner.com/~r/blogspot/advancednano/~3/393885242/light-crude-trading-below-92-per-barrel.html
  75. http://tagline.feedblitz.com/nfc?affid=10059&sender=cf515ead64587146fb6815a2a013d226,feedblitz.com&rcpt=8da0e5c5ebdabb2bd85a8a5d3a603a7c,leitl.org&ranstr=639c0559-8598-11dd-8abe-003005d0&group=64651
  76. http://www.feedblitz.com/adfaq.asp
  77. http://www.feedblitz.com/f/f.fbz?EmailRemove=_Mjk4NzI1M3w2NDY1MXxldWdlbkBsZWl0bC5vcmd8NDEyMzY5_
  78. http://www.feedblitz.com/f/f.fbz?Subscriptions=64651
  79. http://www.feedblitz.com/f
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  81. http://www.feedblitz.com/
  82. http://www.feedblitz.com/

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----- End forwarded message -----
-- 
Eugen* Leitl <a href="http://leitl.org">leitl</a> http://leitl.org
______________________________________________________________
ICBM: 48.07100, 11.36820 http://www.ativel.com http://postbiota.org
8B29F6BE: 099D 78BA 2FD3 B014 B08A  7779 75B0 2443 8B29 F6BE

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