Custody transfer measurement in the oil and gas business has been described many ways. It has been called, “An accuracy in measurement that both the buyers and sellers can agree upon” and “The best that can be achieved to meet the contract conditions.” But I prefer to call it, “The search for the truth.”

Corrosion is a widespread problem across many industries. Corrosion-related costs to the pipeline industry are estimated anywhere from $5.4 billion to $8.6 billion annually in a report by NACE and CC Technologies. These costs include failures, capital, and operations and maintenance.

George Mitchell, former head of Mitchell Energy and Development Corp., is renowned for pioneering drilling and completion technologies that allowed gas to be extracted from shale formations. The geologist and petroleum engineer, known as the father of the Barnett Shale, enabled viable production through the first successful application of horizontal drilling, microseismic imaging, and hydraulic fracturing applied to the Barnett Shale.

It’s been well documented that internal corrosion in gas, liquid and multiphase transmission pipelines is a significant problem that has caused extensive damage to pipelines and operating facilities.

Every year it seems that change is the one constant we can be sure of in the natural gas business. As we continue forward with the Shale Gas Revolution, we are continuing to see opportunities develop that were little more than dreams just a few years ago.

The integrity of pipelines is a matter of serious concern for those within the oil and gas industry, and for those watching from the outside as well. All the attention is, of course, fully justified.

Comprehensive land use planning gives local residents and interested stakeholders a chance to influence the management of future, anticipated community growth. But for pipeline owners, this planning process can carry other benefits and risks.

Work on the 485-mile Gulf Coast Project pipeline has already progressed past the halfway point on all three of its spreads with TransCanada expecting the 36-inch pipe to be in service by the end of the year.

Pipeline corrosion has enormous financial and operational implications for gas suppliers and distributors. As a result, the question of how best to tackle corrosion is beset by both cost and technical issues. Businesses can achieve a great deal by implementing long-term corrosion- management strategies, but many are reluctant to spend money on projects that do not deliver an early return in investment.

Oil and gas pipelines play a critical role in delivering the energy resources needed to power communities around the world. In the United States alone, according to the U.S. Department of Transportation (DOT), more than 2.5 million miles of pipelines — enough pipeline to circle the earth approximately 100 times — deliver oil and gas to homes and businesses.

Syndicate content