Tag Archive for 'industrial'

On rogues of the high seas and the hunt for bounty

Marvelously fluttering around the margins of the mediascape during the past few days has been news of a hijacking by a group of Somali pirates of some heavy old world war-fighting technology. Piracy on the high seas is certainly something that excites the imagination filled with tales from yesteryear’s maritime literature and folk stories told before bed. However, knowledge of the sort of gritty reality of modern piracy is, like many of the unpleasant things in life, curiously absent from that font of common sense that we all draw from.

The Strait of Malaca, pictured above, accounts for approximately 40% of annual maritime piracy

Interestingly, the International Maratime Bureau, part of the International Chamber of Commerce (ICC) Commercial Crimes Services, maintains an international piracy monitoring center in Kuala Lumpur, Malaysia. In this role they investigate incidents of piracy and armed robbery at sea and in port, publish weekly reports of piracy incidents, and maintain a google mashup of attacks (as pictured above).

However, to discover a bit of greater resolution when it comes to the sorts of statistics that one finds meticulously maintained by the IMB, one would suerly not be doing themselves a disservice to consider the person of one F. Max Hardberger ((really quite a marvelous name)). Hardberger, through his ‘asset recovery’ firm Vessel Extractions , is one of a special breed of repo men that work for ship owners and insurance companies to recover hijacked ships:

If a repossession is requested, Hardberger and his team quietly enter the country involved. They seek out friendly officials and trusted local contacts such as ship agents who tend to a vessel’s logistical needs in port.

You need to pick up clues about the ship and what is said in the bars, at the ship chandlers and in the local whorehouses,” Hardberger said. “Crews are not that sophisticated and talk about their orders and departure times. You can really keep track of a vessel this way.”

Hardberger said he does not carry a firearm, though he has hired bodyguards, as he did with the Aztec Express. Stealth and trickery are the preferred methods. [link to entire LA Times profile of Hardberger]

While Hardberger and others like him place an exiciting and romantic inflection on piracy through his fantastic adventures, it is also interesting to consider what an account from the crew of a hijacked ship would look like:

Everything seemed fine that spring afternoon as Captain Ken Blyth watched over the loading of his ship in Singapore. He was skippering the Petro Ranger, a medium-size tanker with a $1.5 million cargo of jet fuel and diesel oil bound for Ho Chi Minh City. It was a three-day turnaround…When the Petro Ranger finally slipped its berth, it was just another cargo vessel amid the daily parade that makes Singapore the busiest port in the world. Not far outside the harbor is the Horsburgh Lighthouse, the last outpost of domestic law. From Horsburgh on, you pass into the only true frontier of the 21st century: international waters — the no-man’s land of the new world economy. Not technically owned or patrolled by anyone, these waters are the last place on earth where you are truly alone.[Link]

However, if one does actually steal a ship and wants to disappear without a trace, this following video may be of some interest

The bottom of the barrel, or a brief anatomy of an oil well

It was not until the fantastic rise in energy prices of the last several years (remember: a decade ago a barrel of crude was less than $15) that companies that do oil exploration and production (E&P) began a serious consideration of extracting the very low grade bitumen (essentially the most expensive part of a barrel of oil to refine, and directly the stuff that holds the stones together in asphalt). When prices looked as if they were heading straight for $100, and even more so when it looked like they were heading straight for $200, companies began investing heavily in the Canadian province of Alberta, which is estimated to hold 1.7 trillion barrels of oil, according to government sources. However, the recent turn around in the direction of oil prices, combined with the banking crisis which is (1) making it difficult to put together financing for exploration projects and (2) creating concerns that the slowing economy will push oil below $70, the price that determines profitability for these projects, has cast the future in doubt. All of that said, the physical process by which oil is extracted from the ground is quite interesting and something that is as mysterious as the magic smoke inside an ipod to most people. So for your edification, take a look at the diagram below:

The above image, taken from an investor presentation given by Petrobank, an E&P company working in Alberta, shows the basic anatomy of a well site.

  • The vertical well sections are drilled about 1.5km on average, although they could get as deep as 3-4km
  • Once the drill reaches the oil sand deposits, the direction will be changed so that the well will continue horizontally. This is done because the seam containing the oil sand is relatively shallow and the more surface the well can make contact with, the more production that will follow.
  • Once the actual hole of the well is drilled, it is shored up with a high pressure casing that maintains the structural stability of the well.
  • Following this, the casing is fractured in many places using explosives. This has the double effect of loosening up the surrounding sand formations, allowing the oil to flow more easily, as well as providing more entry points for oil to flow into the casing.
  • On the surface, the pump jack helps create the pressure required to extract the heavy bitumen from the ground