On 1st October 2007, StatoilHydro was created from the merger between Statoil and the oil and gas arm of Norsk Hydro, another major Norwegian company. StatoilHydro engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products. It is involved in the exploration, development, and production of crude oil and natural gas in Norway and internationally, as well as extraction of natural gas liquids. The company also transports and markets natural gas and natural gas products. In addition, it engages in petroleum refining operations; and marketing crude oil and refined petroleum products.
A gate valve installed at the inlet (suction) side and the outlet (discharge) side of the pump station to isolate the pump station from the pipeline in the event of an emergency
The pressure measured in a well after the well has been closed in for a period of time, often after 24 or 72 hours. When a reservoir is first discovered, the static pressure equals the initial pressure. After production begins, the static pressure approaches the average reservoir pressure
A form of electrical charge that accumulates in an object due to friction between that object and another object. Whenever two objects produce static electricity from friction, both objects become charged, one negatively and the other positively
Procedure integrates reservoir properties including temperature, pressure, depth, and density to calculate pressure drop in wellbore
