Extreme Weather Disrupts U.S. Oil And Gas Sector

hardened their plants and taken steps to reduce flooding. They’ve also worked to improve communications between retailers and suppliers to anticipate disruptions, but storms still impact production.on record. This kind of extreme weather plays a significant part in the volatility in the oil and gas sector, resulting in prices, supply and demand often swinging drastically from hour to hour.

Freezing temperatures can cause malfunctions that might require a shutdown, such as flow control equipment failure or frozen product within the piping system. It can also create a hazardous situation when the weather warms up. When the temperature drops, the liquid freezes in the pipe and expands. This expansion can cause the pipe to crack, and once the temperature rises, the pipe will start to leak, creating a potential fire hazard.

And even though we have moved beyond extreme high temperatures for now, it is important to note that extreme heat impacts a refinery’s ability to run at full capacity and can limit the electricity supply refiners need to run their operations. For example, this year the utilization rate in the Gulf Coast fell in June and July, with several sizeable outages in the region in July and August.As most research points to extreme weather events increasing in frequency and intensity, the oil and gas industry is already improving its preparation and response. The introduction of new standards, processes and hardened equipment indicates the industry is preparing for current weather impact and future climate changes.

One area that can further build resilience is by tapping into integrated real-time weather insights. From optimizing shipping routes for vessels carrying natural gas and petroleum to protecting employees on offshore platforms, or proactively planning for unavoidable weather events, weather intelligence can enhance efficiencies and support safe operations.

Source: News Formal (newsformal.com)

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