- published: 28 Sep 2011
- views: 499203
The petroleum industry includes the global processes of exploration, extraction, refining, transporting (often by oil tankers and pipelines), and marketing petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum (oil) is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, and plastics. The industry is usually divided into three major components: upstream, midstream and downstream. Midstream operations are usually included in the downstream category.
Petroleum is vital to many industries, and is of importance to the maintenance of industrial civilization in its current configuration, and thus is a critical concern for many nations. Oil accounts for a large percentage of the world’s energy consumption, ranging from a low of 32% for Europe and Asia, to a high of 53% for the Middle East.
Other geographic regions' consumption patterns are as follows: South and Central America (44%), Africa (41%), and North America (40%). The world consumes 30 billion barrels (4.8 km³) of oil per year, with developed nations being the largest consumers. The United States consumed 25% of the oil produced in 2007. The production, distribution, refining, and retailing of petroleum taken as a whole represents the world's largest industry in terms of dollar value.
Fossil fuels are fuels formed by natural processes such as anaerobic decomposition of buried dead organisms. The age of the organisms and their resulting fossil fuels is typically millions of years, and sometimes exceeds 650 million years. Fossil fuels contain high percentages of carbon and include coal, petroleum and natural gas. Other more commonly used derivatives of fossil fuels include kerosene and propane. They range from volatile materials with low carbon:hydrogen ratios like methane, to liquid petroleum to nonvolatile materials composed of almost pure carbon, like anthracite coal. Methane can be found in hydrocarbon fields, alone, associated with oil, or in the form of methane clathrates. The theory that fossil fuels formed from the fossilized remains of dead plants by exposure to heat and pressure in the Earth's crust over millions of years (see biogenic theory) was first introduced by Georg Agricola in 1556 and later by Mikhail Lomonosov in the 18th century.
The Energy Information Administration estimates that in 2007 the primary sources of energy consisted of petroleum 36.0%, coal 27.4%, natural gas 23.0%, amounting to an 86.4% share for fossil fuels in primary energy consumption in the world. Non-fossil sources in 2006 included hydroelectric 6.3%, nuclear 8.5%, and others (geothermal, solar, tidal, wind, wood, waste) amounting to 0.9%. World energy consumption was growing about 2.3% per year.
This video explain how crude oil was explored, explain the drilling process, transporting crude oil to refinery,distillation process till final product petrol obtained...
Perdido is the deepest floating oil rig (platform) in the world at a water depth of about 2450 meters operated by the Shell Oil Company in the Gulf of Mexico. The Perdido is located in the Perdido fold belt which is a rich discovery of crude oil and natural gas that lies in water that is nearly 8000 feet deep. The platform's peak production will be 100,000 barrels of oil equivalent per day. At 267 meters, the Perdido is nearly as tall as the Eiffel Tower. An oil rig is a large structure with facilities to drill wells, to extract and process oil and natural gas, and to temporarily store product until it can be brought to shore for refining and marketing. In many cases, the platform contains facilities to house the workforce as well.
Working in the petroleum industry provides a high paying career and exciting opportunities for employment throughout the world. The need for trained operators and technicians continues to increase as oil and gas production volumes and reserve estimates have increased significantly in North Dakota and in the Bakken region. This *online program is designed to provide students with a broad background to operate and maintain the equipment used in the oil extraction and services industry in a safe and responsible manner. Graduates will have the foundation to enter the industry in a number of capacities. *To successfully complete the program students will be required to demonstrate hands-on competencies in the BSC lab or at an industrial facility. Need more information? Contact us at Tyler.Me...
- Like our Facebook: https://www.facebook.com/oilvips - Oil and gas are generated from a source rock, organic matter buried in the depths of the earth. Once formed, they climb back towards the surface. On their way, cap rocks can impede their progress and they accumulate in reservoir rocks. Here they constitute hydrocarbon fields, which can be identified by interpreting seismic data (a sort of echography). The data is obtained with the help of a seismic ship. To confirm the interpretations of seismic data, two types of drilling gear exist. Each is adapted to a range of depth of water (down to more than 2500 meters). The platform seen here is a semi-submersible, which floats and retains its stabilised position by means of anchors fixed on the seabed. Platforms at sea are used not only f...
The video shows how crude oil is mined and how petrol, gas, jet fuel, etc., are 'refined' from it. The scenes take place in Texas, USA.
Oil 101 - A FREE Introduction to the Oil and Gas Industry I this first of 10 modules, we introduce the learner to some key fundamentals of the Upstream segment of the oil and gas industry. The full Oil 101 course includes: +Introduction to Upstream +Introduction to Midstream +Introduction to Downstream +Introduction to Exploration +Introduction to Drilling +Introduction to Production +Introduction to Natural Gas +Introduction to Refining +Introduction to Supply and Trading +Introduction to Petroleum Product Marketing Learn More about Oil 101: http://www.ektinteractive.com/ http://www.ektinteractive.com/oil-101/ So, What is Upstream? Most oil and gas companies’ business structures are organized according to business segment, assets, or function. The upstream segment of oil and gas i...
This video explain how crude oil was explored, explain the drilling process, transporting crude oil to refinery,distillation process till final product petrol obtained...
Perdido is the deepest floating oil rig (platform) in the world at a water depth of about 2450 meters operated by the Shell Oil Company in the Gulf of Mexico. The Perdido is located in the Perdido fold belt which is a rich discovery of crude oil and natural gas that lies in water that is nearly 8000 feet deep. The platform's peak production will be 100,000 barrels of oil equivalent per day. At 267 meters, the Perdido is nearly as tall as the Eiffel Tower. An oil rig is a large structure with facilities to drill wells, to extract and process oil and natural gas, and to temporarily store product until it can be brought to shore for refining and marketing. In many cases, the platform contains facilities to house the workforce as well.
Working in the petroleum industry provides a high paying career and exciting opportunities for employment throughout the world. The need for trained operators and technicians continues to increase as oil and gas production volumes and reserve estimates have increased significantly in North Dakota and in the Bakken region. This *online program is designed to provide students with a broad background to operate and maintain the equipment used in the oil extraction and services industry in a safe and responsible manner. Graduates will have the foundation to enter the industry in a number of capacities. *To successfully complete the program students will be required to demonstrate hands-on competencies in the BSC lab or at an industrial facility. Need more information? Contact us at Tyler.Me...
- Like our Facebook: https://www.facebook.com/oilvips - Oil and gas are generated from a source rock, organic matter buried in the depths of the earth. Once formed, they climb back towards the surface. On their way, cap rocks can impede their progress and they accumulate in reservoir rocks. Here they constitute hydrocarbon fields, which can be identified by interpreting seismic data (a sort of echography). The data is obtained with the help of a seismic ship. To confirm the interpretations of seismic data, two types of drilling gear exist. Each is adapted to a range of depth of water (down to more than 2500 meters). The platform seen here is a semi-submersible, which floats and retains its stabilised position by means of anchors fixed on the seabed. Platforms at sea are used not only f...
The video shows how crude oil is mined and how petrol, gas, jet fuel, etc., are 'refined' from it. The scenes take place in Texas, USA.
Oil 101 - A FREE Introduction to the Oil and Gas Industry I this first of 10 modules, we introduce the learner to some key fundamentals of the Upstream segment of the oil and gas industry. The full Oil 101 course includes: +Introduction to Upstream +Introduction to Midstream +Introduction to Downstream +Introduction to Exploration +Introduction to Drilling +Introduction to Production +Introduction to Natural Gas +Introduction to Refining +Introduction to Supply and Trading +Introduction to Petroleum Product Marketing Learn More about Oil 101: http://www.ektinteractive.com/ http://www.ektinteractive.com/oil-101/ So, What is Upstream? Most oil and gas companies’ business structures are organized according to business segment, assets, or function. The upstream segment of oil and gas i...
Sankofa Oil and Gas Fields opens for production
Despite plummeting oil prices and a glut in global supplies, members of the Organisation of the Petroleum Exporting Countries (OPEC), have decided to increase oil production levels despite growing disagreement among members over the strategy. OPEC, which provides a third of global oil, recently decided to increase its collective output to 31.5 million barrels per day, despite crude oil prices dropping to a seven-year-low, now hovering around $40 a barrel. Made up of Algeria, Angola, Ecuador, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela; the oil cartel has been supplying an already over-supplied market with cheap oil - with all of its members now feeling the pinch. But countries such as Venezuela have been the hardest hit. Wit...
Changing the way we look at production data.
Petroleum Engineer Erik Steenken Production Test Presentation 2015 AB Igrene
Reservoir Performance, Estimating fluid properties; Oil, Water and Gas properties pertinent for well test or production data analysis using industry accepted correlations and/or laboratory data. Blasingame
►My channel: http://youtube.com/TheBestFilmArchives ►SUBSCRIBE: http://www.youtube.com/TheBestFilmArchives?sub_confirmation=1 ►Google+: http://plus.google.com/+TheBestFilmArchives ►Facebook: http://facebook.com/TheBestFilmArchives ►Twitter: http://twitter.com/BestFilmArch This 1950 film is a documentary on the history of the oil industry. It shows the oil exploration activities, the drilling for oil, the refining processes and uses of the final products. The film includes general scenes of American life in the 1940's and 50's. Evolution of the Oil Industry | Documentary on the History of American Oil and Petroleum Industry
This series is exclusive on this channel,Fanarco Petroleum Engineering course for Reservoir performance, well testing PTA, production history. Well performance. Find more at: www.fanarco.net Visit our facebook page : https://www.facebook.com/fanarco.net Follow us on Twitter : https://twitter.com/FanarcoNet
They are virtual cities stuck in the middle of some of the most dangerous seas on earth. Life on them is hard and fraught with danger from calamitous fires a. Animation of deepwater drilling. Drilling wells is one of the most important activities in the process of finding hydrocarbon reservoirs and producing oil and gas from these reservoirs to me. Auxillary Drilling Supervisor, Louise takes us through her daily life onboard the Deepsea Metro I drill ship. Louise overseas the team that make up the drill.
How Oil are Drilled? - Drilling Documentary - DOCS CHANNEL Drilling is a reducing procedure that utilizes a drill little bit to destroy or enlarge a gap of round cross-section in solid products. The drill bit is a rotary destroying device, typically multipoint. The little bit is pressed against the work surface and rotated at prices from hundreds to hundreds of transformations each minute. This compels the cutting side against the workpiece, cutting off chips (swarf) from the hole as it is pierced. Remarkably, specially-shaped bits can reduce holes of non-circular cross-section; a square cross-section is possible Drilling could influence the mechanical commercial properties of the work surface by producing low recurring stresses around the hole opening as well as an extremely thin layer...
Counting the Cost - The future of oil jobs in the Middle East The Organisation of Petroleum Exporting Countries (OPEC) and 11 other oil-producing nations have extended oil production cuts until March 2018 in an attempt to drain the global oversupply of oil and prop up the price of crude. Saudi Arabia led the push to extend the curbs, but oil prices have risen less than OPEC countries have hoped for. And that's because oil at current prices is enough to bring US producers back into the market. What will OPEC's production cut extension mean for energy jobs in the region? Cian Brennan from the consultants Turner and Townsend looks at what changes are coming for the Middle East's oil industry. More from Counting the Cost on: YouTube - http://aje.io/countingthecostYT Website - http://aljaz...