Justiss Oil Case Study

For the personal goal aspect of the project everyone choose their own goals and we could compare our results to better understand our team members. Another aspect that the group discussed was the amount of money that should be spent on purchasing market research. We decided to go with the most expensive plan because it will have the most accurate results and one of the most important parts of starting up a business is understanding what the consumer wants. For the 3 month certification of deposit the group agreed on investing $800,000 at a quarterly interest rate of 1.50. By investing this large sum of money our company can generate 12,000 in interest revenue. Therefore, this is a brief summary of the startup quarter of the company, Speedy Solutions, and how the group members determined how to invest the company assets and come to an agreement on team

On June 25th, 2014, a $3.5 billion project was revealed to the public; a 1,172-mile-long oil pipeline that is intended to pump more money into state and local economies. The Dakota Access Pipeline (DAPL) was supported by a natural gas and propane company known as the Energy Transfer Partners. The pipeline’s construction would be carried out by the U.S. Army Corps of Engineers. The people who preach pro-pipeline continue to hype the bountiful construction job opportunities this gives the people in the surrounding areas; however, many of these communities have different feelings towards this development. The Pipeline stretches from the Bakken oil fields of North Dakota to the oil tank farm near Patoka, Illinois, hitting South Dakota and Iowa

A presumption we used was a diameter for each of the parallel pipelines, amongst pipeline AB, pipeline BC, and pipeline CD. We settled for a diameter of 0.3 m for all circumstances and executed the energy equation between the respective locations, to confirm whether the calculated discharge was agreeable. The discharge was acceptable in each of the three circumstances. In the event that it was unacceptable, another diameter was required to be chosen and the energy equation would need to be recalculated.

The pipeline is 1,172 mile long and it will transport approximately 470,000 barrels of oil per

Vectren Corp. (Underground Construction, 2014) The Author explained in the article, that the plan is to spend some $865 million dollar on the construction of the 1000 mile pipeline. It is said that is will be checked and examined, with the highest federal and state regulations of safety in my in mind. (Underground Construction, 2014) It has been stated that they will install new pipes, to ensure the safety of the plant given the amount pipe that will need to be installed. (Underground Construction,

If the pipeline is completed and damage occurs to the water supply of those living in the area of the instillation, those living in the area will be forced to change their primary source of water. A water supply that is contaminated by waste from the oil pipeline will impact tribe’s occupations of bathing, showering, meal preparation, and cleanup. These activities fall under the International Classification of Functioning, Disability, and Health (ICF) categories of washing oneself, drinking, and preparing meals, and those who are no longer able to safely participate in these activities would

The pipeline is about 75% done but has been stop because of the the Standing Rock Sioux Indian tribe. The pipeline is supposed to go under the cannonball river and

The project consists of three major components, these components will consist of the aforementioned natural gas pipeline conversion, along with the construction of new pipelines in several provinces, including, Alberta, Saskatchewan, Manitoba, Ontario, Quebec and New Brunswick, which will link up to the main pipeline, and finally the construction of several necessary facilities, such as pump stations and tank terminal, to help transport the crude oil cross country. (TransCanada, The Project section, par. 3)

Considering the potential negative effects this pipeline would have on the environment if a leak

Every foreman is assigned to receive individual reports from about 180-220 oil wells, and view their production rates. After viewing these reports, Andres compares approximate numbers that each oil well is projected to produce financially, and compare those numbers to the recent production rates. If a well is not functioning up to the expected progress to meet the set financial goals, it is the foreman’s job to notify the operators to fix the situation. Andres uses a total approximated income number to examine if his whole route is producing on quota. If an oil well is significantly producing more water than oil/natural gas, than the production service of that well should try to be optimized the best they can because SM Energy makes money from selling fossil fuels, not water. All wells require money to be operated, so if a well is not making much money, then it should not be worth investing in if it is not going to make any money in

The North Dakota oil pipeline, also known as the Bakken pipeline project, is a controversial underground pipeline development in the United States initiated in the year 2014. It is an access pipeline scheme approximated to run over 1,172 miles or 1886 km underground with 30-inch diameter pipeline from the Bakken oil field in North Dakota to Patoka in Illinois. The plan of the project is that the construction should be in a somewhat straight line from North Dakota, through South Dakota, Iowa to Illinois, with a completion time estimated to be by the end of the fourth quarter of 2016. The projected budget for the accomplishment of North Dakota oil pipeline is $3.7 billion raised through loans and shareholders’ contributions. Upon its completion, the pipeline will transport over 470,000 barrels every day with a potential to transport in excess of 570,000 barrels daily, which constitutes over 50% of the current crude oil production in Bakken per day (Energy Transfer).

The Keystone Pipeline System has been operating since 2010. It is a 2,151 mile pipeline delivering crude oil to U.S. and Midwest markets. The first phase involved 537 miles of existing 36-inch natural gas pipe to the crude oil pipeline service in Canada. It also included 232 miles of new 30-inch pipe and 16 pump stations. The US portion included 1,084 miles of new, 30-inch pipe in North Dakota, South Dakota and Nebraska, Kansas, Missouri and Illinois. They also built 23 more pump stations. In 2011, the second phase included a 298 mile extension from Nebraska to Oklahoma and 11 new pump stations. It increased the pipeline from 435,000 to 591,000 barrels per day. Phase III was completed in 2014 and later in 2015 it was rejected.

The current network of pipelines in the Marcellus Shale region for example is currently insufficient to handle the full production potential that the area actually contains. More pipelines need to be added before production can completely ramp up otherwise the infrastructure would be overwhelmed.

Pipes is truly a framework that is introduced in 1 building. As your pipes are among the most fundamental regions of your home, don't give in the allurement of just disregarding it. DIY pipes are not that easy especially if you are not familiar with plumbing works. It will profit your home if you have a spillage issue, additionally, will spare you cash on calling a handyman to settle the issue. While it saves individuals lots of money, there are as yet pipes extends that ought to just be finished by an expert.

Construction of the pipeline began, after a contract was signed by Energy Transfer Partners, on September 22, 2016. The $3.7-billion-dollar oil endeavor would transport 470,000 gallons of crude oil, daily, from North Dakota Bakken region, through South Dakota, Iowa, and onward to Illinois; potentially polluting not only the land of Native Tribes, but the land of millions of American citizens as well. In North Dakota construction has rapidly advanced towards protest camps, and reportedly