Reducing Electricity Costs in Old Fields

Tuesday, March 4, 2014 - 8:30am
Hyatt Regency 400 West Waterman Street - Wichita, KS 67202

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SEE BELOW TO COMBINE REGISTRATIONS WITH ARTIFICIAL LIFT OPTIONS FOR KANSAS OPERATORS AND SAVE MONEY

One of the most expensive components of any operation can be the cost of electricity. Electric power cost is not a fixed cost but a variable cost.  It is possible for the average oil field operating company to reduce its electric power cost without turning off production.

The objective of the training is for attendees to leave the room with the practical “mental tools” to begin power cost reduction immediately.

This is not a class in electrical engineering.  It is not a class in energy efficiency.  It is practical, dirty-hands training in cutting power cost. No prior knowledge or background is required. Training is suitable for; general supervision & management, financial analysts, engineers, operators, electricians, etc.

Participants should bring a simple pocket calculator and a few of their power bills.  The bills will NOT be shared with other students; they are for the student’s reference during the billing part of the class. This workshop is field tested – it has been presented since 1991.  The class has been highly rated by attendees from oil fields in: Illinois, Michigan, Oklahoma, Texas, Colorado, Wyoming, Kansas & California

Instructor: Michael Paik, PE, EE

Mr. Paik has over thirty years of ‘dirty hands’ experience in results oriented engineering and management. He has in-depth experience with all phases of real world engineering ranging from zero budget pro bono work to “poor boy maintenance” to capital projects in excess of forty million dollars. This experience includes: electric power systems, telemetry systems, automation systems, process systems and project management.

His experience includes over fifteen years of industrial, overhead power line design & maintenance experience, as well as industrial power service design and industrial power systems design & maintenance. He has been on the project team for two, grassroots, gas turbine generation plants, a subsea power cable installation, several industrial powerhouse design and start-up projects. He is familiar with industrial power distribution and control from 120 VAC to 12,470 VAC. He is familiar with utility substations and circuits up to 220 KV.

Mr. Paik is a recognized expert in power cost reduction in process plants and oil fields. He has lectured on this subject in Utah, Colorado, Wyoming, Illinois, Michigan, Oklahoma, Texas & California.

WORKSHOP OUTLINE

Introduction and Overview

Overview of the Method – how to reduce power bills

  • Dealing with rates and bills
  • Developing a relationship with your power provider
  • Where do you look in the oil field process to reduce power cost?

Power cost reduction at producing wells on Artificial Lift

Guest speaker from local power company

Power cost reduction at producing wells on Artificial Lift part two

Water injection power cost reduction opportunities

Gas compression power cost reduction opportunities

GENERAL INFORMATION

This workshop is produced and presented by the University of Kansas Tertiary Oil Recovery Project (TORP) in association with the Petroleum Technology Transfer Council (PTTC). This program will benefit petroleum, production, reservoir, and completion engineers; production technologists; stimulation engineers; asset management engineers and managers; reservoir management; practicing geologists; and university staff and academia.

Event Sponsorship

KU TORP Technology Transfer event sponsorship and exhibition is a great way to get your company’s name out in front of an industry audience. Sponsorship and exhibition is a great way to generate leads or simply remind your customers your commitment to their success. KU TORP Technology Transfer Sponsorship puts your company’s brand in front of a decision-making audience.

Hyatt Regency WichitaROOM BLOCKS SAVE YOU MONEY

RESERVE YOUR ROOM TODAY

For each TORP Technology Transfer Division workshop, we have reserved a special block of room for the convenience of workshop attendees who need overnight accommodation.

Your participation in the official TORP room block allows us to negotiate these great rates and pass along the savings to you. Space is limited so reserve your room today.

CONTINUING EDUCATION

Many attendees use TORP Technology Transfer workshops to fulfill continuing education requirements to maintain professional licenses. Every attendee will receive a Certificates of Attendance.

Fracturing Webcast SetupPARTICIPATE FROM ANYWHERE

Would you like to attend this TORP Technology Transfer workshop but cannot afford to be away from the office for the day?

Now the KU TORP Technology Transfer Division offers all of its technology transfer events live, online, as they happen. All you need is a computer with an internet connection and your ready to go.

See the speaker live, get a digital version of the program manual, interact via live chat, and receive your certificate of completion – all from the comfort of office, your home, or even the field.

To participate via webinar simply select the webinar option on the registration page.

WORKSHOP REGISTRATION FEES

  • *Member: $250
  • *Member Online (webinar workshop): $150
  • **Student Member: $50
  • **Student Member Online (webinar workshop): FREE

COMBINE SINGLE DAY WORKSHOP REGISTRATIONS AND SAVE

When you sign up for Saving Electricity in Old Fields on March 4th, 2014 with Artificial Lift Options for Kansas Operators on March 5th, 2014 you receive a $50 discount for members and $25 discount for student members.

  • *Member Combo: $450
  • *Member Online Combo (webinar workshop): $250
  • **Student Member Combo: $75
  • **Student Member Online Combo (webinar workshop): FREE

*Membership is free – if you have ever attended a TORP event you are listed as a member and qualify for member rates.

** Students must have free membership and valid .edu e-mail address.


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