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I am not sure what you are asking. Oil companies try to reduce their production down time. Is that your question?
On a production platform, down time is reduced through routine maintenance. For example, if a pipeline is transporting oil with a high wax content, a "pig" or pipeline scapper may be put through the well to make sure there is no wax buildup. Alternatively, the pipeline may be insulated.
Also, when a platform is shutdown for maintanence, there may be several repair or replacement jobs done, even ones that may not be necessary for years to come. Onshore, a well or gather center may be shutin for a short period to perform repairs. Offshore, any routine shut in of a platform is very well planned to minimize lost production.
I hope this answers your question. If I have not understood your question, please resubmit it in a different form.
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∙ 13y ago
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In what two ways could producers react to reduce a surplus of crude oil?
Producers could reduce the price of oil to remove the surplus of crude oil. They could also form a cartel to adjust production to eliminate the chance of future surpluses. Thanks ChaCha!
When the price of oil drops this usually means that OPEC has done what?
Increased Oil Production.
How have latin American nations tried to achieve economic independence?
Latin American nations have tried to achieve economic independence by controlling their means of production. Oil producing Latin American nations have nationalized oil companies.
Curret world production of oil?
Current Oil Production in the World: 81,820,404.59 barrels per day (bbl/day)
Which of these is an example of the capital factor of production?
an oil rig that pumps oil from beneath the ground
How many companies are engaged in the soybean oil production?
This question has not yet been answered.
Why are oil companies cutting output in December of 2008 of oil is it to raise prices and profit?
Yes. It's in all the articles about production cuts.
In what two ways could producers react to reduce a surplus of crude oil?
Producers could reduce the price of oil to remove the surplus of crude oil. They could also form a cartel to adjust production to eliminate the chance of future surpluses. Thanks ChaCha!
What are some oil exploration companies?
Oil exploration companies include Anadarko Petroleum Corporation, Apache Corporation, Chevron Corporation, ConocoPhillips, Continental Resources, Devon Energy, ExxonMobil, and Greka Energy. For a more exhaustive list, see the Wikipedia article "List of oil exploration and production companies."
What is difference between company industry?
A company may make one product or many products. A large number of companies making related products is an industry. Exxon - A company involved in oil production and petrochemicals Oil Industry - Many companies involved in oil exploration, production, refining, etc., including Exxon, BP, et al.
In 1938 Mexico seized foreign oil companies what did they do with them?
On March 18, 1938, Mexican President Lazaro Cardenas claimed ownership of all foreign oil companies in the country. He then created Petroleos Mexicanos to exclusively control all aspect of the oil's production.
Who manufactures Walmart brand motor oil?
Different oil companies at different times and different regions of the country.
How is synthetic oil produced?
Synthetic motor oil is generally considered to be superior to natural motor oil. Production of this oil requires man made chemical compounds that are mixed with specific additives that help reduce friction and improve viscosity.
Can you use nuclear energy to solve the energy crises?
Using more nuclear power would help to reduce emission of greenhouse gases, but it won't reduce the need to import oil, as oil is not used much at all for electricity production. One way for the US to reduce oil consumption would be to use smaller cars, with smaller engines, and also to make industrial processes more efficient.
What does a bit of oil reduce in science?
Oil is used to reduce friction.
Where does INDIA stand in oil production?
INDIA ranks 23rd in the production of oil!it imports most of its oil!
When the price of oil drops this usually means that OPEC has done what?
Increased Oil Production.
