PETROLEUM GEOLOGY (HISTORY) Flashcards

1
Q

Seven Sisters of the petroleum world by enrico Mattei

A

British Petroleum
Shell (European)
Socal(Chevron)
Texaco
Exxon
Mobil
Gulf

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2
Q

Consortium that formed ARAMCO (METS)

A

Socal
Texaco
Exxon
Mobil

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3
Q

Organize to control the power of independent oil companies by a combination of price control and appropriation of company assets

A

OPEC (Organization of Petroleum Exporting Countries)

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4
Q

How to qualify as OPEC member?

A

Economy must be predominantly based on Oil Export

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5
Q

First well to produce oil in the world

A

Oil Creek, Pennsylvania
Colinel Drake, 1859

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6
Q

Other term for petroleum industry

A

Oil industry or Oil Patch

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7
Q

Upstream of the Petroleum Value Chain

A

Exploration
Appraisal,
Devt
Production

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8
Q

Midstream

A

Transport and Trade

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9
Q

Downstream

A

Refinement, Processing and Blending
Marketing and Distribution

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10
Q

A vast reservoir of Oil and Gas

A

Oil and Gas Field

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11
Q

Five most important OIL FIELDS (SBWRG)

A

Ghawar
Burgan
Safaniya
Rumaila
West Qurna-2

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12
Q

Worlds Largest Oil Field in terms of Reserve and Production

A

Ghawar (G-for Great, god-tier), Saudi arabia

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13
Q

Worlds Largest Offshore Oil Field in terms of Reserve and Production

A

Safaniya (S-sea)

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14
Q

Worlds Largets Natural Gas-Condensate Field

A

South Pars/North Dome

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15
Q

Who owns South Pars/North Dome

A

Qatar(N) and Iran (S)

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16
Q

Oil Fields in the Philippines
(NMGWC)

A

Nido (SC14-A) 1979-2015
Matinloc (SC14-B) 1982-2015
Galoc (SC-14) 1988, 2008-2014
West Linacapan (SC14-C2) 1992-1996
Cadlao (SC-6) 1981-1991

17
Q

Gas Fields in the Fields
(MaSALi)

A

Malampaya 2001-Present
San Antonio - 1994-2008
Libertad Gas Field - 2012-Present (Producing)

18
Q

1st recorded petroleum onshore well in PH

A

Toledo-1 (Cebu, 1896)

19
Q

1st well drilled offshore

A

Pagasa-1 (Oriental Petroleum, Palawan, 1971)

20
Q

1st Commercial OIL PRODUCTION 1976

A

Nido NW Palawan

21
Q

1st Deepwater Oilfield Development

A

West Linacapan

22
Q

1st Commercial Gas Production

A

San Antonio 1984 (Cagayan)

23
Q

Birth of Philippine Gas Production

A

Malampaya 1992

24
Q

1st gas Delivery

A

October 2001

25
Q

1st gas sales

A

January 2002

26
Q

Active Service Contracts in the Ph

27
Q

SCs in Onshore

28
Q

SCs Offshore

29
Q

how many years is initial exploration?

30
Q

How many years is the entire exploration stage?

31
Q

How many years is the entire production stage?

32
Q

How many years is Maximum years for an SC contract?

33
Q

How many SCs are in Production?

34
Q

How many SCs are in Exploration?

35
Q

PCECP stands for?

A

Philippine Conventional Energy Contracting Program

36
Q

How many areas are there for PCECP?