Module 1.1 Intro

Question 1

Objective 1 Why Explore for Petroleum: The student will learn why the world needs oil and gas.

Answer 1

Pg 6

Question 2

Objective 2 Dates and Locations: The student will identify key dates and locations of discoveries in both Canadian and international exploration.

Answer 2

Pg 7

Question 3

Objective 3 AER: The student will learn the events that resulted in the formation of the Alberta Energy Regulator (AER).

Answer 3

Pg 14

Question 4

Objective 4 OPEC: The student will learn the influence of OPEC on worldwide petroleum prices.

Answer 4

Pg 15

Question 5

Objective 5 Terminology Part 1: The student will be introduced to the terms ?oil?, ?gas?, ?NGL? and ?bitumen?.

Answer 5

Pg 17

Question 6

Objective 6 Terminology Part 2: The student will be introduced to additional commonly used terminology.

Answer 6

Pg 19

Question 7

Objective 7 Terminology Part 3: The student will be introduced to legacy terminology.

Answer 7

Pg 20

Question 8

Objective 8 Types of Hydrocarbons: The student will be introduced to the three hydrocarbon ?families?.

Answer 8

Pg 21

Question 9

Objective 9 Paraffins: The student will be introduced to some of the properties of paraffins.

Answer 9

Pg 22

Question 10

Objective 10 Oil: The student will be introduced to some of the characteristics of oil.

Answer 10

Pg 23

Question 11

Objective 11 Natural Gas: The student will be introduced to some of the characteristics of natural gas.

Answer 11

Pg 24

Question 12

Objective 12 The Role of the Production Accountant: The student will learn about the role of the Production Accountant.

Answer 12

Pg 25

Question 13

Objective 13 Key People: The student will be introduced to key personnel that a Production Accountant interacts with in the course of their duties.

Answer 13

Pg 28

Question 14

Objective 14 Regulatory Agencies: The student will learn the primary function of the regulatory agencies that a Production Accountant deals with in the course of their duties.

Answer 14

Pg 31

Question 15

Question 1:

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C)

Question 16

Question 2:

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D)

Question 17

Question 3:

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A)

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C)

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Question 5:

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B)

Question 20

Question 6:

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B)

Question 21

Question 7:

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A)

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Question 8:

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B)

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Question 9:

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Question 10:

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Question 11:

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B)

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Question 12:

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A)

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Question 13:

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C)

Question 28

Question 14:

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A)

Question 29

Question 15:

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B)

Question 30

Question 16:

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C)

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Question 17:

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B)

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Question 18:

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C)

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Question 19:

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A)

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Question 20:

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D)

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D)

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Question 22:

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D)

Question 37

Question 23:

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B)

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Question 24:

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A)

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Question 25:

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C)

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Question 26:

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B)

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Question 27:

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D)

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Question 28:

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A)

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Question 29:

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B)

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Question 30:

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A)