The oil and gas industry generates tremendous capital for countries such as the USA, Russia, China, the middle east, etc. For this industry to flourish, operations, setup, and equipment must be exceptional. Because oil extraction is a rough process and crude oil is flammable, the storage process needs special attention to prevent incidents.
OEMs that manufacture oilfield-related products align with developments in the oil and gas industry to ensure that the extraction and storage process is as secure as possible.
What are Oil Storage Tanks?
Oil storage tanks are used as staging places to gather crude oil throughout production. These tanks store oil before delivery to tankers or pipelines. Storage tanks also store crude oil before and after it is refined. Although storage tanks have a standard design and operation throughout the industry, they are useful for multiple applications.
Oil storage tanks‘ design and construction are determined by their intended function and the environmental features of the storage location.
Types of Tanks
There are several criteria for the classification of tanks. Oil tanks are categorized by structure, composition, and type of material stored.
● Underground Storage Tanks
Underground oil tanks are connected to supply pipes used to replenish the tank. The supply pipe is positioned above ground in a location convenient for refilling. The tank is typically larger than above-ground tanks, carrying between 550 and 1000 gallons of petroleum.
● Above-ground Indoor Storage Tanks
Indoor storage tanks are positioned in garages, utility rooms, or basements. These tanks generally have a 275-gallon fuel capacity. Some manufacturers offer smaller or larger variants with 160 to 400-gallon storage capacities. Tank size is determined by the fuel used and how often the furnace is used.
Above-ground Outdoor Storage Tanks
Outdoor storage tanks are installed close to the facility. Outdoor storage tanks are made to survive extreme weather, such as strong storms, or snowfall. These tanks typically carry 275 gallons, but there are smaller and larger variations available.
Oil The tanks are composed of different materials. The following types of oil tanks are available:
● Steel Oil Tanks
Steel tanks are accessible and frequently used in oil and gas industries. You can use them both above and below ground. These tanks must adhere to rigid manufacturing and construction guidelines.
● Fiberglass Tanks
Fiberglass tanks are strong and long-lasting. Specifically, they are impervious to rust, leaks, and silt. They are also suitable for above- and below-ground storage, similar to steel.
Tanks can also be classified based on the stored material in the tanks:
● Crude Oil Tanks: Crude oil tanks are used to hold crude oil before it is processed or transported to other sites.
● Edible Oil Tanks: These tanks store and preserve edible oils. Any type of material, such as unrefined or refined edible oil, can be preserved.
● Lubricating Oil Tanks: All types of motor oils can be stored in bulk safely and dependably.
Features to Consider When Buying an Oil Tank
Following are some of the important considerations to look for while purchasing an oil tank:
● Type of material the tank is made of.
● Sizing of the tank: further considerations in choosing the size of the tank includes:
● The cycle time between deliveries.
● The volume at the bottom of the tank or the bottom of the tank itself cannot be accessed.
● Safe-fill allowance.
● Intended location of the tank.
● Tank Battery.