American Oil and Gas Reporter - August 2016 - 116

IndustryFocus: Companies, People and Products
API Finalizes New Standard
For Measuring Oil In Tanks
WASHINGTON-The American Petroleum Institute has published a new onshore
safety standard for measuring crude oil.
The organization says the standard, API
MPMS Chapter 18.2, Custody Transfer of
Crude Oil from Lease Tanks Using Alternative Measurement Methods, provides safe
and accurate options for the custody transfer
of crude oil from production lease tanks.
"This standard is a great example of
what can be done when industry, regulators
and all key stakeholders work together
to achieve the common goal of improving
safety for industry operations," says Lisa
Salley, API's vice president for global
industry services. "This standard enables
personnel to take measurements of crude
oil from a lease tank without opening
the hatch on the tank, thus protecting
them from potentially hazardous vapors
and gases."
API says the standard integrates custody
transfer methods from other API standards.
For information, visit http://publications.api.org.
❒

Weatherford Valve Certiﬁed For Deepwater Completions
HOUSTON-Weatherford International
PLC announces that its new model WUDP10 deep-set safety valve has been certified
to V1 standards under American Petroleum
Institute Specification 14A.
The valve is designed for deepwater
applications and is effective at depths exceeding 12,000 feet, Weatherford says.
Because it operates independently of tubing
pressure, the valve also can be set in
shallow applications, the company mentions.
The tubing-retrievable valve uses conventional hydraulic functionality to provide
long-term, reliable operation that is not
dependent on nitrogen storage, Weatherford

New Tools Make It Easier To Find, Evaluate Leases
AUSTIN, TX.-Drillinginfo announces
it has added three tools to its portfolio to
provide land professionals with richer
data, greater context, and increased flexibility to accelerate their deals.
Production Workspace now contains
LandTrac™, which Drillinginfo describes

Thunder Series Pumps Minimize Maintenance
HOUSTON-Gardner Denver says its
new Thunder series fracturing pump has
been designed to help customers meet
the challenges presented by today's hydraulic fracturing jobs.
With increasing pressures and 24/7
pumping duty cycles, customers are demanding equipment that can operate on
longer maintenance intervals, Gardner
Denver observes. Based on the GD-3000
pump platform, which is field proven in
the most severe shale plays, the Thunder
series pump uses long stroke technology
to operate at lower speeds while enhancing
flow rate capabilities, the company says.
It explains that this extends the pump's

describes. The company says the valve's
simple design minimizes leak paths and
incorporates a heavy power spring for failsafe closure.
"The WUDP-10 deep-set valve is one
element in a larger portfolio of V1- and
V0-rated completion technologies for use
in deep water," says Mark Hopmann,
Weatherford vice president of completions.
"Together, these integrated technologies
create a toolbox of modular solutions for
operators looking to increase efficiency
and reliability on offshore rigs."
For information, visit www.weatherford.com.
❒

maintenance overhaul life cycle, while
also reducing consumables and associated
labor costs by $250,000 over the life of
the pump.
Because the Thunder series significantly improves wear and tear resistance,
power end maintenance overhauls align
with engine, pump and transmission
maintenance service schedules, Gardner
Denver says. The company adds that the
easier and safer maintenance helps reduce
downtime. Also, the fluid end employs
advanced technology that triples its life,
Gardner Denver concludes.
For information, visit www.gardnerdenverpumps.com/future.
❒

Improvements to the power
end on Gardner Denver's
Thunder series fracturing
pumps, such as easier bolt
hole alignment and a simpler
process for removing key
parts to reduce handling
weight, make maintenance
faster and safer, the company reports.

116 THE AMERICAN OIL & GAS REPORTER

as a proprietary dataset that enables users
to add economic and geologic context to
land exploration workflows. Beyond simply finding available acreage or qualitatively analyzing competitor leaseholds,
Drillinginfo says the platform enables
more powerful analysis through features
such as activity heat maps that show leasing and permitting trends; a graded acreage
tool for comparing lease value; and the
world's first Web-enabled probabilistic
decline curve analysis tool.
Title research is easier with a revamped
user interface and breakthrough functionality for DI Courthouse, Drillinginfo continues. The company says the latest release
enables customers to manage teams more
efficiently through advanced administrative
controls, allocate resources based on hard
data with user analytics, and eliminate
duplicative work using collaboration tools.
Faster searches, a more intuitive user experience, and new team management capabilities save users time and money while
creating tighter alignment across the organization and improving the quality of
title research overall, the company says.
Drillinginfo Plus subscribers can automate access to current lease data behind
their firewalls with the Drillinginfo Direct
Access application programming interface,
Drillinginfo reports. Direct Access now
includes LandTrac units and leases, legal
lease points, and permit filings. These
tools provide land professionals with the
most recent data available without the
tedious process of manual updates to internal systems, Drillinginfo concludes.
For information, visit http://info.drillinginfo.com.
❒

American Oil and Gas Reporter - August 2016

Table of Contents for the Digital Edition of American Oil and Gas Reporter - August 2016