And the hits keep coming in Guyana. This week, ExxonMobil announced that it had made a new discovery – called the Hammerhead-1 – in the South American nation. It is the ninth in a string of major offshore discoveries that have turned the once sleepy nation into the world’s newest hotbed of upstream exploration.
Located in the Stabroek Block, the Hammerhead-1 well encountered ‘approximately 60 metes of high quality, oil-bearing sandstone reservoirs’, the fifth discovery in the basin and just 21 km southwest of Liza-1, the well that kicked off the bonanza in January 2017. The discovery brings the estimated gross recoverable resources in the Guyana-Suriname basin to 4 billion barrels of oil equivalent, up from the initial 1.4 billion barrels when Liza-1 was discovered and 3.2 billion barrels in January 2018, when the Ranger-1 well struck oil.
The current timeline has Phase 1 of Liza – which is already sanctioned - reaching first oil by early 2020, using the Liza Destiny FPSO to produce an initial 120,000 b/d. Liza Phase 2 is set for FID at the end of the year, bringing in another FPSO with 220,000 b/d capacity by 2022, while sanctioning for Payara (using a 180,000 b/d FPSO) is set for 2019 for a 2023 startup. Beyond that, ExxonMobil, Hess and CNOOC Nexen have noted that the discoveries in Stabroek could support up to five FPSO vessels, producing some 750,000 b/d by 2025.
That is, if things stay the way they are. The current exploration program in Guyana has a success rate of 82%, and there are almost 18 prospects left in the Stabroek block that can be pursued. The consortium led by ExxonMobil (45%) with Hess (30%) and CNOOC Nexen (25%) is currently the only player in Guyana, operating the 26,800 square km Stabroek Block. Buoyed by that resounding success, there are more players knocking at the door – in search of assets that the US Geological Survey estimated could contain as much as 13.6 billion barrels of oil and 32 tcf of natural gas. Even neighbouring countries of Suriname and French Guiana are gearing up for some action.
With this much riches on the horizon, Guyana could become the new Qatar or Brunei – a tiny nation punching well above its weight economically, or what Wood Mackenzie is calling ‘the richest corner of the continent’. However, there are warning signs that the current institutional and regulatory framework is insufficient to handle the influx of discoveries; a national oil company is being developed and a new taxation system for oil contract is being mooted to prevent the ‘lopsided’ ExxonMobil contract from repeating, but more needs to be done. The future looks very bright for Guyana, but with petro-dollars always come major risks. Here’s hoping the opportunities Guyana has been blessed with will not be squandered.
Major oil discoveries in Guyana
Estimated recoverable volumes: 4 billion barrels oil (August 2018)
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Honed hydraulic cylinder tube is the most important material in hydraulic cylinder industry. It is mostly used for producing and repairing hydraulic cylinders. Because the quality performance of the cylinder is greatly determined by the quality of honed tube, so it is very important to get high quality honed cylinder tubes from high quality honed tube suppliers.
There are many honed cylinder tube suppliers in the world, the quantity should be nearly 300, as I know there are more than 100 of China honed tube suppliers till the year of 2018. Some of the honed tube suppliers provide high quality and reasonable prices, but some of the suppliers provide very low prices but with bad quality. Buyers will easily be attracted by the low pricing, but finally they will get into trouble because of quality problems. So how could we find reliable honed tube suppliers with high quality and competitive pricing?
Here I’d like to share 6 best honed tube suppliers in different countries in the world.1. CRC Distribution Inc.
CRC Distribution is a supplier of hydraulic cylinder products and an authorized distributor of Orkot® composite materials. They have extensive inventories of chrome plated rod, steel honed tubing, hydraulic cylinder components & seals, and rotary seals.
Their access to sealing products from leading global manufacturers like Trelleborg Sealing Solutions, Hallite Seals International, Fugesco, Freudenberg-NOK, and Merkel enables us to provide the highest quality products while delivering local support and personalized customer service to our customers.2.Team Tube LLC
In United States, the best supplier of honed tubes is Team Tube LLC, here below is their introduction.
A group of friends, each with years of experience in the steel service center industry, started Team Tube LLC in 1995 in the Pacific Northwest. The focus of the new company was to provide rapid, reliable, and knowledgeable service with a full range of round steel tube and bar inventory to meet the needs of the market.
Team Tube LLC is the leading manufacturer and supplier of honed tubes in USA. Its products including honed cylinder tubes, chrome plated bar, CDS tubes, chrome plated tubes, DOM tubes and so on.
TEAMTUBE opened its first location in Portland, Oregon to specifically serve the tube and bar product needs of a number of different industries including the logging industry and fluid power manufacturing and repair industry in the area. The demand for its products quickly allowed them to expand to a second location in Seattle, Washington. The addition of another service center enabled them to efficiently provide rapid deliveries and serve the entire Pacific Northwest region with “instant steel” for their core products.
While growing to serve businesses ranging from small machine shops to major manufacturers in the metal industry, they have been able to maintain our original vision of providing “instant steel”, while focusing on customer needs and their core products, round mechanical tube and bar. This has empowered their growth as they have expanded across the country.3. Skyline Precision Steel Pipe Manufacturing Co., Ltd
As one of the best China honed tube manufacturer and suppliers, Skyline Precision Steel Pipe Manufacturing Co., Ltd produces and supplies high precision steel honed tubes, honed tubing, chrome plated bar and chrome plated tubes for hydraulic applications for more than 20 years.
Skyline’s factory was established under modern management system and technologies in the year 1996. Till today it has more than 20 years’ experience in manufacturing honed tubes and other precision steel tubes.
Skyline’s honed tube factory covers an area of 40,000 square meters and a building area of 30,000 square meters, of which the production plant area is 25,000 square meters.
Skyline Pipes produces cold drawn seamless tubes, honed tubes / honed steel tubing, hydraulic cylinder tubes of more than 20,000 tons, and manufactures hydraulic piston rods of 500 thousand meters.Salem Steel NA
Salem Steel NA is an industry leading supplier of premium quality tubing and bar, used for hydraulic cylinder application. After cold drawing and heat treating, our cylinder tubes will have the ID’s honed or skived and roller burnished (SRB) depending on your preference. Suitable to hone or SRB are also available with tolerances and guaranteed cleanup to be negotiated, depending on your requirements. We only work with ISO certified mills who undergoe a thorough audit by Salem’s quality manager. These mills processing and inspections meet or exceed the U.S. standards.5. Tubular Steel, Inc.
Tubular Steel is a leading national distributor of carbon, alloy and stainless-steel pipe, tubing and bar products. They have over 60,000 tons in stock at our seven regionally located service centers. Honed cylinder tubes, DOM tubes, CDS tubes are their main product lines.
The honed tube suppliers introduced are the leading and best companies in its own market, and they also export their products to many of the customers in other countries. I will keep updated about the honed tube suppliers' information.
Telescopic hydraulic cylinder brief introduction
Multistage hydraulic cylinders are known as Telescopic hydraulic cylinders also. It is composed of two-stage or multi-stage piston cylinder, mainly composed of cylinder head, hydraulic cylinder barrel, sleeve, piston and other parts.
Our factory produces OD chrome plated honed tubes for telescopic hydraulic cylinder manufacturing and repairing.
There are inlet and outlet ports A and B at both ends of the hydraulic cylinder barrel. When oil is fed into port A and oil is returned to port B, the first-stage piston with a larger effective area is pushed first, and then the smaller second-stage piston is pushed. Because the flow into the A port remains unchanged, the piston with a large effective area has a low motion speed and a large thrust; otherwise, the motion speed is high, and the thrust is small. If oil is supplied to port B and oil is returned to port A, the secondary piston will first return to the end point, and then the primary piston will return.
The characteristics of the telescopic hydraulic cylinder are it can be stretched very long when it is working, and it can be shortened when it is not working. It is suitable for occasions where the installation space is limited, such as the telescopic boom of a crane.
When the telescopic hydraulic cylinder is extended step by step, the effective working area gradually decreases. When the input flow is constant, the extension speed increases gradually; when the external load remains constant, the working pressure of the hydraulic cylinder gradually increases. The extension of the single-acting telescopic hydraulic cylinder depends on the oil pressure, and when it contracts, it depends on its own weight or load. Therefore, it is used for occasions where the cylinder body is inclined or rotated vertically.
Chrome Plated OD Honed Tubes for Telescopic Hydraulic cylinders
Honed tubes are the main material for manufacturing hydraulic cylinders, while chrome plated rod is the main material for manufacturing hydraulic piston rods. When manufacturing a telescopic hydraulic cylinder, every moving stage of the cylinder is acting as the hydraulic cylinder barrel and also act as the cylinder rod. So, to manufacturing a telescopic hydraulic cylinder, we will need to use the chrome plated tube with inner diameter honed and outer diameter chrome plated.
The smooth inner diameter of the chrome plated tube act as the hydraulic cylinder barrel, and the outer diameter of the tube is ground, polished and chrome plated, which can act as the cylinder rod of another stage.
Telescopic Hydraulic Cylinder Tube Suppliers
Our factory produces full size range of honed tubes with OD chrome plated for telescopic hydraulic cylinders. The materials available in SAE 1020, SAE 1026, ST52.3, E355 and CK45.
Besides chrome plated tubes, we also produce the below products.