Oil & Gas Flashcards
How many litres in a barrell of oil
159
What are the marketable products from an oil well?
Oil, natural gas or condensates
How much Kerogen in source rock sufficient for commercial exploitation of crude oil and natural gas?
Kerogen concentrations as low as 1%–3% are generally sufficient to be make source rock (typically shales and limestones) suitable for commercial exploitation of crude oil and natural gas.
What does the term “oil window” refer to?
describe the range of temperature or depth within which most of oil’s complex constituents are produced (fig. 1–1).This window is typically 80–220°C (176–428°F) or 2,200– 5,500 meters (7,200–18,000 feet).
What are the drivers for the conversion of kerogen in source rock to oil and gas?
The key factor is temparature. Other factors include pressure, and the presence of hydrogen and water. As these various drivers exert their influence, the kerogen in source rock undergoes conversion to petroleum in a process called “maturation”
What is meant by ‘maturation’?
The conversion of kerogen in source rock to oil/gas
What is meant by ‘migration’?
when oil and gas move from source rock into a reservoir. virtually all commercially viable oil reservoirs result from migration that takes the hydrocarbons away from the source rock and into reservoir rock.
What are hydrocarbon traps?
structural, stratigraphic, and combination traps prevent the movement of hydrocarbons from source rock into reservoirs.
What is crude oil often found along with?
Crude oil is often found along with natural gas and saline (salty) water.
What are the three parameters used to classify crude oil?
Geographic location in which it is produced (which affects the cost of transporting the crude to a refinery).
• API gravity (an oil industry measure of density;API is the American Petroleum Institute). Light crude oil has relatively low density; heavy crude has high density. Oil with an
API gravity (expressed as oAPI) below 10.0 is classified
as extraheavy.
• Sulfur content. Crude is generally called sweet if it contains relatively little sulfur or sour if it contains substantial amounts.
What is the difference between a sweet and sour oil?
Sulfur content. Sweet oils contain relatively little sulfur and sour oils contain substantial amounts
Why does sweet command a higher premium than sour?
because it has fewer environmental problems and requires less refining to meet sulfur-content standards imposed by buyers
Each crude oil has unique molecular characteristics that are evaluated by a process called __________?
assay analysis
What is West Texas Intermediate?
a very high quality sweet, light oil delivered at Cushing, Oklahoma, for North American oil. Cushing is the delivery point for WTI traded on the New York Mercantile Exchange (NYMEX), the most widely traded oil futures contracts in the world.
What is Brent Blend?
made up of 15 oils from fields in the Brent and Ninian systems in the East Shetland Basin of the North Sea. Oil production from Europe and Africa, as well as Middle Eastern oil flowing to the West, tends to be priced using this benchmark.
What is Dubai-Oman?
Dubai-Oman, used as benchmark for Middle East sour crude flowing to the Asia-Pacific region.