Oil & Gas Industry Overview |
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Finding oil and gas require complex operations, carried out both offshore and onshore, often in remote or difficult terrain. In order to know for sure that there is gas and/or oil in the underground structures and to determine whether a well would produce oil, gas or both, oil companies conduct drilling operations. These also provide information on which to base both further exploration activities and a future field development plan....
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Unsure of what Engineering Discilpline to join ?
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Give a thought to Petroleum Engineering !
This earth needs people to care of it !
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Petroleum Industry Workplace Security
The overall amount of growth with in the oil and gas industry has been expanding rapidly. This is because of rising demand from the emerging economies of China, India and Brazil. More natural resources are needed to continue with the rapid growth they have experienced, with the current trend projected to increase by 35% in 2050 as the overall amounts of worldwide demand only continue to rise.
Rapid expansion taking place within the oil and gas industry means that issues of employee security are overlooked. Thanks in part to the large amount of regulations around the world and the lack of unity on creating one single industry security standard, accidents could increase in certain areas. This can cost companies time, money and negative publicity......
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The Human Race & Carbon !
World Crude Price
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Both economists and geologists are now predicting the end of cheap oil (and other fossil fuels). Peak Oil is a term that has entered the lexicon.
Our carbon-emitting activity has accelerated to unprecedented levels in the past century. With the arrival of internal combustion engines came machinery of all kinds, to help us build faster and better. We have used carbon to create a huge bubble of prosperity, based on cheap fuel and our (inaccurate) view that the world could take anything we dished out.
What is needed is a way to take large amounts of carbon out of the planet's air / ocean system, and fairly quickly, without having to create additional carbon dioxide to do it.
This means we need the right approach - preferably one that mimics planetary processes.
The Petroleum Industrysuggested that we capture CO2 and store it underground. While this has some of the hallmarks of a workable solution, it remains energy intensive and expensive.
Carbon Sequestration is a process of storing Carbon underground to curb the accumulation of CO2 in the atmosphere. Although the earth nturally stores carbon in forests, ocean & soil, these carbon sinks are unable to accomodate the excessive & increasing amounts of CO2 humans and Industry continue to emit. As a result, Industries have begun to explore ways of enhancing the absorption of natural carbon sinks, as well as ways to artificially store CO2 underground.
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Introduction to Petroleum Engineering
Petroleum engineers search the world for reservoirs containing oil or natural gas. Once these resources are discovered, petroleum engineers work with geologists and other specialists to understand the geologic formation and properties of the rock containing the reservoir, determine the drilling methods to be used, and monitor drilling and production operations.
They design equipment and processes to achieve the maximum profitable recovery of oil and gas. Petroleum engineers rely heavily on computer models to simulate reservoir performance using different recovery techniques. They also use computer models for simulations of the effects of various drilling options.
Because only a small proportion of oil and gas in a reservoir will flow out under natural forces, petroleum engineers develop and use various enhanced recovery methods. These include injecting water, chemicals, gases, or steam into an oil reservoir to force out more of the oil, and computer-controlled drilling or fracturing to connect a larger area of a reservoir to a single well.
Because even the best techniques in use today recover only a portion of the oil and gas in a reservoir, petroleum engineers research and develop technology and methods to increase recovery and lower the cost of drilling and production operations.
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