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02 January 2020, Volume 38 Issue 6 Previous Issue    Next Issue

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Development Strategy of Pipeline Company to Deal with “Bottleneck” Technology Wang Zhensheng, Dong Hongjun, Chen Pengchao, Wang Yuqin, Ma Jiangtao 2019, 38(6): 1-5.  DOI: 10.3969/j.issn.1002-302x.2019.06.001 Abstract ( )   PDF (1493KB) ( )   Under the current complicated international situation, the Chinese enterprises have to overcome difficulties and make breakthroughs in the important key technology so that they can take the initiative in competition among the powers without being controlled by others in business development. PetroChina Pipelines Company implemented the nation’s technological innovation development strategy, actively enhanced the study of bottleneck technology and basically owned most of the core technologies in the oil and gas storage and transmission area. The key equipment has been basically localized with some technologies becoming the international leaders, effectively reducing dependence on foreign technologies and products. The company leads the industry in terms of the pipeline integrity standards and core technology. One key start-up/shutdown technology of compressor stations highly automates fields and stations while pipeline leaking detection and safety warning technology can effectively control external risks. The main chemical additives for pipelines came under independent research and development. However, weakness still remained in such areas as accessories of some key equipment, internal inspection of pipelines, network adjustment and optimized operation of simulation, maintenance and repair technology and equipment, and safety of information system. The blockade of such technologies will affect pipeline construction and operation to some extents. Therefore, it is necessary to accelerate localization of bottleneck equipment, continually improve technological functions of localized equipment, perfect the relative management systems, focus on applied basic research, unlock the bottleneck technologies on the list at various levels, and maintain a highquality and healthy development of pipelines companies.

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Discussion of Countermeasures for Promotion of China’s Oil and Gas Exploration and Development Xu Kun, Zheng Dongdong, Lin Shuang 2019, 38(6): 6-14.  DOI: 10.3969/j.issn.1002-302x.2019.06.002 Abstract ( )   PDF (1592KB) ( )   China possesses the resource base to promote the exploration and development of oil and gas. Both the total remaining resources amount and reserve scale of the country are large, while characterized as low-grade, complicated to further explore and exploit. The production of the maturing oil fields in East China is declining at a rapid speed and difficult to keep a stable production period. The technical adaptability needs to be further enhanced in the main fields which are supposed to increasing reserve and production, such as low-grade, unconventional, deep-buried and deep water resources. However, the insufficient investment on those fields draws a contrast with the steadily rising costs of exploration and development. Meanwhile, both at the state and local levels, a lot more work is needed to perfect supporting policies and regulations and set up effective supervision and management mechanisms, to a certain extent slowing down the forming of effectively competitive environment. For the above key factors restricting to secure more reserves and increase production in the country, through the analysis of the situation of oil and gas exploration and development over the past decades, the paper comes up with a series of countermeasures to beef up risk exploration efforts, deepen restructuring reform of the State-owned enterprises, deregulate the oil and gas upstream market, perfect the relative laws and regulations, and strengthen supervision and management.

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Incentive Mechanism and Technological Management Innovation Firmly Stand Behind Engineering Construction Wang Wei, Fang Zhengqi, Zhang Ruipeng, Huo Feng, Wang Fubin 2019, 38(6): 15-18.  DOI: 10.3969/j.issn.1002-302x.2019.06.003 Abstract ( )   PDF (1371KB) ( )   China Petroleum Pipeline Engineering Co., Ltd. (CPP) has defined technological innovation as one of its three major strategies in the efforts to base business development on innovations. CPP established six main incentive mechanism, such as priority mechanism for technological investment, awarding mechanism for teams and individuals, full personnel innovation mechanism, subsidy mechanism for scientific research, examination-based incentive mechanism and stimulation mechanism for technological investment, and adopted 18 methods for remuneration of technology, stimulating the motivation for technological innovation. Top leaders at the different levels committed themselves to science and technology and made strict requirements on project management and occupational examinations. CPP periodically made briefings about technological achievements and held technological meetings to bring about a chain of reactions. As a result, the staff members were encouraged to initiate innovation with great enthusiasm. Outside the company, CPP displayed its brand capabilities and promoted market development. It also developed a series of world-leading key technologies in the areas of designing, constructing, operating and maintaining pipelines, effectively solving the bottlenecks in engineering construction projects and powerfully keeping the engineering projects smoothly under way.

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Review and Ponder over Tangibility of CNPC Technology Zhang Yundong 2019, 38(6): 19-23.  DOI: 10.3969/j.issn.1002-302x.2019.06.004 Abstract ( )   PDF (1486KB) ( )   Tangibility of technology is an important method for technological innovation. It is also an important way to promote succession, sharing and application of technology. Based on the efforts of decades for innovation, China National Petroleum Corporation (CNPC) has created the theory, method, process and work templates for technological tangibility and established the related work mechanisms and staff members, turning more than 200 items of technology into tangible results. Tangibility of technology is composed of three parts -- “carrier of technology, owner of technology and characterization of technology” --with three main functions like succession of technology, sharing of technology and application of technology. The efforts for tangibility of technology helped the company facilitate internal sharing and external market expansion of mature and applicable latest technology and transform technological achievements into economic results. It is necessary to continue perfection of the work mechanism, innovate work mindset and method and establish a series of work patterns for integration and brands of technological tangibility, value appraisal and commercialized application, serving CNPC’s innovation-driving strategy and high-efficiency development.

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Management and Innovation of CBM Standardization Zhu Qingzhong, Chen Xiangzhen, Wang Hongguang, Li Kechen, Peng Huaichun, Gao Naixu, Chen Yanjun, Yang Yingying 2019, 38(6): 24-28.  DOI: 10.3969/j.issn.1002-302x.2019.06.005 Abstract ( )   PDF (1596KB) ( )   Standardization fuels development of both innovation and the times. Standardization technologically backs economic activities and social development and serves the country as the basic system for modernization of the management systems and management capabilities. PetroChina Huabei Oilfield Company uses standardization as an engine for establishment of a healthy corporate system of standards, perfection of coordination mechanism, incentive mechanism and obligation mechanism, and promotion of standardization management. The company also strengthens integration between standards and technology, promotes innovation and application of standardization in CBM exploration and development, and basically establishes and continually improves the CBM standardization system. With 14 items of the industrial standards, five items of CNPC standards and 75 items of the company’s standards formulated, promotion and application of technological achievements have been expanded, accelerating industrialized application on a large scale and bringing about transformation, upgradation and highquality development of Huabei Oilfield into a characteristic regional energy company.

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Discussion of Value-appraising Method for Oil and Gas Reserves Liu Bin 2019, 38(6): 29-33.  DOI: 10.3969/j.issn.1002-302x.2019.06.006 Abstract ( )   PDF (1485KB) ( )   China has released a series of policies to consolidate reform of the country’s oil and gas system in recent years, with transfer and cooperation of the royalty blocks taking place step by step. Against the background of royalty reform, scientific evaluation of the value from reserves of the royalty blocks is an urgent issue to be solved by the government. The value of oil and gas reserve is not only related to its natural endowment but also closely to the changes in time and the economic environment. The assets of oil and gas reserve have the physical, flowing and uncertain properties. The full cost evaluation method deeply analyzes the historical cost, discounted cost and value-added income of oil and gas reserves from the angle that the oil and gas reserve assets can bring benefits to the operator or owner. The organic integration of the capital cost and the maintenance and appreciation of assets shows the actual value of oil and gas reserves. Evaluation of the oil reserves in Block A confirms simplicity and practicability of the full cost evaluation method. It is of great significance to compensatory transfer of royalty blocks.

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Analysis on Development Direction of Artificial Intelligence in Oil and Gas Upstream Area Jia Lu, Niu Zhijie, Shi Guowei, Li Sixu, Lin Daoshou 2019, 38(6): 34-42.  DOI: 10.3969/j.issn.1002-302x.2019.06.007 Abstract ( )   PDF (5220KB) ( )   It is important to study the nature of artificial intelligence and analyze direction of its industrial application. It can keep us from detours and mistakes, blind application of artificial intelligence and unnecessary investment of resources. This paper analyzes the structure of oil and gas big data from the three different angles of business, specialization and data types. It also focuses on development direction of artificial intelligence in the areas of geophysical exploration, logging, drilling and log, oil and gas production, and oil reservoir simulation. In the light of the comprehensive oil and gas research area, the “smart analysis system for selecting favorable exploration target areas” is created on the basis of the big data analysis platform. The multi-disciplinary and comprehensive artificial intelligence analysis methods are used to uniquely create the marking rules and automatic marking methods for favorable exploration target areas, acquiring a series of functions, such as automatic classification of favorable target areas, visualized display and query, and dramatically improving users’ working efficiency.

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Characteristics and Suggestions of Global Oil and Gas Exploration Liu Xiaobing, Bian Haiguang, Wang Yonghua, Yang Zi, Luan Tiansi, Kang Hailiang, Hou Ping 2019, 38(6): 43-47.  DOI: 10.3969/j.issn.1002-302x.2019.06.008 Abstract ( )   PDF (2244KB) ( )   International oil prices have fluctuated and risen in recent years. Both proportion of global oil and gas exploration investment and amount of drilled wells are on the rise. The areas of new discoveries from oil and gas exploration are continually expanded, thus leading to sustainable growth of reserves in recent time. Generally speaking, exploration investment is still fluctuating at a low level, with a slight increase in the proportion of the total upstream investment. The amount of exploration work is kept at a relatively low level, but the number of drilled wells is apparently higher. New discoveries from global conventional oil and gas exploration are on the decrease while the offshore new discoveries become dominant. Moderate resumption of the world petroleum industry in recent years has raised exploration confidence of international oil companies, making global oil and gas exploration bounced from the bottom. More expectations can be placed on the future development. It is proposed that China’s oil companies should strengthen their independent exploration, focus active efforts on offshore exploration, and make preparations for the frontier exploration areas with firm confidence. The offshore blocks for invitation of tenders in the recent time are located mainly off the two banks of the Atlantic Ocean and in the eastern part of the Mediterranean, East Africa, the Arctic Pole and Southeast Asia, with the deep to ultra-deep areas exceeding 80 percent of the total. Those regions are the main battlefields for international oil companies to compete with each other.

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Development Trends and Strategies of Global Oil Majors Zhang Ningning, Wang Qing, Wang Jianjun, Liu Mingming, Cao Qingchao, Wu Yiping 2019, 38(6): 48-55.  DOI: 10.3969/j.issn.1002-302x.2019.06.009 Abstract ( )   PDF (2004KB) ( )   China’s oil companies are endowed with the important mission of securing the nation’s energy supply and maintaining the internal demand for high-quality development. It is worth borrowing the development strategies from foreign oil companies. This paper analyzes the business development trends of seven international oil majors, 12 national oil companies and 21 independent oil companies since 2018. It also sums up the characteristics of oil companies in three kinds in the areas of exploration and development direction, assets portfolio optimization, and development strategy. International oil companies have further improved their business results. National oil companies have continually raised the level of internationalization, making the integrated business chain stronger. Independent oil companies are quite different in the development directions, with a main trend for focusing on the core business. The analysis indicates that international oil companies are firmly committed to the growth strategies and actively accelerate the ultimate investment plans for the large-scale projects. They have continually promoted assets portfolio optimization, taken advantage of deepwater resources potential and further highlighted natural gas business. It is proposed that the domestic oil companies should make balance between the Chinese and foreign exploration, consolidate the foundation of resources by actively stockpiling overseas high-quality frontier assets, focus on assets portfolio optimization, improve total returns on assets, actively implement the low-carbon development strategy, accelerate new energy industrial development and application of new industrial technologies, and promote transformation of digitalization.

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China’s Oil and Gas Engineering Service Industry Faces Opportunities and Challenges in the Middle East Liu Fang, Wang Yijun, Zeng Fandi, Li Feng 2019, 38(6): 56-63.  DOI: 10.3969/j.issn.1002-302x.2019.06.010 Abstract ( )   PDF (1791KB) ( )   Enjoying an advantageous geographical position, the Middle East is the world’s important region for oil and gas reserves and production as well as oil and gas engineering service market. The Middle East is rich in oil and gas resources with large quantities of remaining recoverable reserves and a great potential for production hike. The One Belt One Road Initiative invigorates the oil and gas engineering service market. As the resources countries in the Middle East are opening their markets wider to the outside world, a multi-element market is under rapid development. The large-scale oil and gas engineering service market with a stable demand gives China a good opportunity for oilfield service industrial development. However, it also poses risks and challenges. The Iraqi market has high policy and social risks while the Iranian market is facing the risks for political sanctions. The high-end market of the six Gulf countries has comparatively high requirements on the service and product standards. It is proposed that China’s oilfield service enterprises should concentrate their efforts on improvement of the corporate competitiveness in the Middle East, such as stepping up the state-to-state communications, expanding overseas business capacity, improving technological ability, raising the core influence of brands, and attaching importance to transformation and upgrading of services.