Adley Services LLC

PSM audit has you worried? If so, then this is the episode for you.

From EIA.gov:

“The U.S. Energy Information Administration (EIA) collects, analyzes, and disseminates independent and impartial energy information to promote sound policymaking, efficient markets, and public understanding of energy and its interaction with the economy and the environment.”

Special thanks to our show sponsor API Controls Systems.

Our clients love their Lonergan valves but until recently, they would have to retire them when they needed parts. In solving this problem, we came across ARI-REYCO, which can possibly be used to replace parts in Lonergan valves. Today, we discuss this and more.

At Adley, we have a saying that if you are explaining something, you need to do it so a 12 year-old can understand. But what does that mean? We invited Bobby Couvillion and Michael “Foot” Wilson to come to the Adley offices and educate us. However, we thought it would be interesting to have an actual 12 year-old sit in so that we could see how they understand the information.

We invited or resident 12 year-old, Ben, to sit in on the podcast and tell us what his impressions of the valve presentation were.

We would like to thank Mr. Couvillion and Mr. Wilson for a wonderful educational seminar. As you will hear, there information was not only very useful, but presented so clear that even a 12 year-old could understand.

https://www.ari-armaturen.com/

http://www.regionalvalvecorp.com/

Susan is live at Blue Sky University!

Adley Services conducted live interviews at the Blue Sky University (BSU) in Stafford, TX on April 19, 2019.  Blue Sky brings together technology leaders in the pipeline industry to discuss what is next for the industry.  Susan spoke with Rene Ramirez, CEO of Blue Sky Evolution, about the event and industry changes.  She also talked with two Blue Sky technology vendors, Joey Lafranca of Leica Geosystems and Ryan Cicatello of Advanced Geodetic Systems.  BSE Software Developers, Gary Whitcher and Jose Cordova, discussed their role in technology changes.  And Blue Sky user, Ricardo Layton of UniversalPegasus International, shared his thoughts on the impact of collaboration on technology.  Find out more about BSU and about upcoming events at www.bsupipeline.com.

 

 

#bluesky

AOG27- AIChE Conference and PHA Optimization

Join us today as Susan talks about her visit to the 2019 AIChE Conference in New Orleans. Also, we discuss PHA optimization. See you at the Blue Sky Conference.

AIChE’s website can be found at:

https://www.aiche.org/

Information on AIChE’s 2020 global conference can be found at:

https://www.aiche.org/conferences/aiche-spring-meeting-and-global-congress-on-process-safety/2020

An abstract of Susan’s paper for the conference can be found below:

PROCESS HAZARD ANALYSIS (PHA) PREPARATION:

A ROLE BASED OPTIMIZATION

Susan S. Frizzell, PE

Adley Services, LLC

Lafayette, LA

Biography:

Susan Frizzell, PE is the President of Adley Services. Shortly after high school, Susan began

her career alongside her father on a drilling rig. Upon graduating from the University of

Louisiana with a BS in Mechanical Engineering, she obtained her MBA and began working for

a firm performing engineering and process safety reviews on refineries and other land facilities

in the New Orleans area. After Susan relocated to Lafayette, LA, she began engineering

offshore facilities, complimented with process hazard analysis facilitation. During her almost

20-year career, she has worked upstream, midstream, downstream, and all points in between.

She is a licensed professional engineer and an executive member of various organizations.

Abstract

A PHA meeting consumes large resources and can place a strain on departmental

manpower. Teams are often faced with the want to be more efficient in PHA conflicting with the

need to be thorough and accurate. The key to solving this paradox is efficient preparation. By

examining the lessons learned from past PHA’s, a role by role analysis of best practices with

regards to preparation will allow a PHA team to reduce the costly time spent in the meeting and

yet still stay true to the methods and deliver a great, safe result.

When it comes to an optimal PHA, preparation is everything. For example, in a 6-member

team PHA, 60 minutes of misused time equates to 6 hours of misused manhours. Whether it is

managerial, operations, engineering, or even facilitation, there are lessons learned from previous

PHA’s that when shared, will not only make the PHA more efficient and the facility safer, but the

industry as whole better. The goal being that those reading this be able to take back to their

facility these practical preparation tips to share with their present and future PHA team members

so that the resources of the facility can be better spent.

Price of oil revisited.

Today, we look back at our predictions of the price of oil in 2017, episode 3. We also discuss the annual report of major operators. Finally, we take a look at the energy outlook for the future, 2040 and beyond. This episode is dry to listen to because it contains a lot of numbers and data but is very informative and insightful. Below are show notes mentioned in the episode:

 

https://chevroncorp.gcs-web.com/static-files/a99aabf1-e9cf-46e3-853f-f3eb8e4434b0

Mike Wirth: As I said, there are seven and a half billion people on the planet. A billion of those people don’t have electricity today. Hard to believe, but it’s true.  Nearly three billion of those people still use biomass or animal dung for indoor heating and cooking.  By 2040, there will be nine billion people on the planet.  The one and a half billion that are added are generally going to be in developing countries. There is a need for more energy around the world of all types, and there’s room for all types. We have core competencies in investing in the business that we know. We also invest in renewables. We’ve invested in wind, in solar, in biofuels and intend to continue to learn in those areas. But just as Jay said, deep-water has got to compete with other things within our portfolio for investment, as do renewables.

….

Mike Wirth: There’s a bit of a hypothetical construct there, Paul, and in a lower-price environment for a short period of time, I don’t think much changes. We’ve laid out the material we’ve provided today assuming a $60 flat world, which is in-line with most things I’ve read that are written by people that cover our industry and what we believe is in the ballpark of what people would expect. If we were to move into a lower range than that we thought was sustainable, I think you would  see some adjustments [to our capital program] because we have the flexibility to make adjustments, but we see still have a lot of investments that are economic at $50 or at $45 or at $40. And so, it wouldn’t be a dramatic shutdown of spending because we still have good returns in the best of our portfolio at those prices.  The intent here really is to lay out a ratable plan not to be swung by the price cycle, which is hard to predict in our industry other than you know we’re going to see higher prices than today and also lower prices than today. I’ll touch on the balance sheet and share repurchases and then see if Pat wants to add anything.  We tried to be very clear that as we’ve resumed the share repurchase program, we don’t intend to swing that with the price cycle, and we intend to see it through in any reasonable price environment whether it’s a higher or a lower price environment that we’re in today.

Pat Yarrington (Vice President and Chief Financial Officer, Chevron Corporation): I don’t think I have much to add. When we restarted the program, we took a look at a number of pricing scenarios and tried to peg a rate of annual repurchases that we felt could be sustained over a long period of time. And certainly, having balance sheet strength allows us to have comfort in that through, any reasonable price environment.

 

Paul Sankey: Yes, that’s reasonable. I think the $60, everyone expects it, so it’s probably not going to happen, and the risk may well be to the downside.  What you seem to be saying is that to keep doing the buyback through the downturn, the obvious conclusion is that you’re going to flex the balance sheet.

 

https://reports.shell.com/annual-report/2017/strategic-report.php

 

https://www.bp.

AOG25- Blue Sky University Convention Preview: A peak into the pipeline world of tomorrow.

Our Blue Sky University convention preview. Today, we talk about the features of this convention that interest us. We go through what we know about it and what we are looking forward to.

The website of the convention is https://www.bsupipeline.com/ .

The video of Leif, the Navy Seal Officer, can be found here: https://youtu.be/ZrunzmezvXw

The video of Jai Jiang, the author of 100 Days of Rejection, can be found here:  https://www.youtube.com/watch?v=-vZXgApsPCQ

 

Missed NAPE 2019?

Don’t worry. In this episode we give you a recap. We talk about NAPE, including the good, bad, and ugly. So, join us as we broadcast from the road and give you our inside look of “The NAPE.”

Today’s picture is Leah, future Adley engineer and wildcatter.

Guess who is back? Today we give you a preview of our upcoming 2019 podcast season. It has been too long and we are ready to go at it again. Sit back and enjoy our preview as well as an update of what we have been up to.

The picture was taken in the afternoon and shows the problems we have been having with fog at the heliports.

Well, we are back in the studio and proud to bring you our very own Operator Survival Guide for a PHA (Process Hazard Analysis).

Are you an operator who has been slotted for a Process Hazard Analysis and have questions? We have a few helpful hints of things you can do before the PHA to make it go smoother and to get the most benefit out of it. For more information about PHA’s, visit https://www.adleyservices.com

AOG21-BSEE Proposed Rules

Today, we are live in Pascagoula, Mississippi (home of the shrimp mountain pictured above) podcasting about the proposed rules that BSEE is on the verge of publishing a final version of. Right before we were to leave for some of the freshest seafood in the country, we sat down and discussed the proposed changes to Subpart H, 30 CFR 250.842 and a little about API RP 14C, 8th Edition.

We also discuss some of the new Adley adventures.

So jump on the tread mill, get in the fast lane of the freeway, or just put in some head phones to drown out the loud phone talking coworker in the cubicle next to you and join our discussion as to the future of your industry.

Here are some links to items we discussed:

https://www.regulations.gov/docket?D=BSEE-2017-0008

https://www.gpo.gov/fdsys/pkg/FR-2017-12-29/html/2017-27309.htm

https://www.federalregister.gov/uploads/2011/01/the_rulemaking_process.pdf

https://www.bsee.gov/