The Oil & Gas Industry: A Nontechnical Guide by Joseph F. Hilyard

By Joseph F. Hilyard

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Joseph Hilyard's well timed new e-book offers a large point of view at the oil and gasoline undefined, with basic realization to the USA. It takes the reader on a journey of the operations used to discover and review assets, after which to supply, shop and carry oil and gas.

The book's major concentration is totally on the apparatus and procedures utilized in exploring new assets; comparing promising formations; drilling wells; coping with oil and fuel creation; changing oil and fuel into items; and transporting oil and gasoline. Separate chapters tackle the evolution and present constitution of the petroleum undefined; oil and fuel buying and selling; and demanding situations prone to face the oil and gasoline in coming years.

Three appendices outline key terminology; recommend additional interpreting on chosen issues; and determine businesses that may offer additional information.

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From a barrel of crude oil, 2009 (gallons) (Source: DOE) Chapter 2 Oil Overview 23 Certain types of hydrocarbons produced during refining can be mixed with nonhydrocarbons to create other products, such as greases, asphalt, petroleum coke, sulfur, sulfuric acid, and wax. More details on this subject are presented in chapter 11. Recent Trends in Oil Consumption Global use of oil has been on a steady upward trajectory for decades, as nations around the world have used oil-based fuels to expand their industries and economies (fig.

Reserves data for Canada includes tar sands. c Well count does not include shut-in, injection, or service wells. 3% of the reserves in the seven United Arab Emirates. e Brazil may have 50–100 billion barrels of additional reserves in presalt offshore formations. f South Sudan gained independence from Sudan on July 9, 2011; no separate data for South Sudan were available for presentation in this book. Fig. 2–1. Distribution of proved worldwide oil reserves: 1989, 1999, and 2009 (billion barrels) (Source: BP Statistical Review of World Energy 2010, June 2010) Table 2–3.

Cfm (accessed February 21, 2011). S. Geological Survey. 2008. 90 Billion barrels of oil and 1,670 trillion cubic feet of natural gas assessed in the Arctic. News release, July 23. 4 Pfeifer, S. 2011. Arctic frontier: Huge prize lies under a pristine wilderness. Financial Times, March 21. 5 Ward, A. 2011. Statoil looks to Arctic find to boost prospects. Financial Times, April 10. 6 Kramer, A. E. 2011. Exxon wins prized access to Arctic with Russia deal. New York Times, August 30. 3 Natural Gas Overview This chapter provides information about the composition of natural gas, the location of major gas resources around the world, and current patterns of, as well as future projections for, gas production and use.

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