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Oil rigs and oil platforms are used to drill long holes into the earth to create an oil well and extract petroleum. After extraction, oil is refined to make gasoline and other products such as tires and refrigerators. Extraction of petroleum can be dangerous and have led to oil spills. [1]
Ownership and extraction of oil and gas in the ground of USA is regulated by the present oil and gas law in the United States. Sharing risks by a joint venture of several companies to field development, production and transportation, and downstream activities has also been going on for long time, specifically for cross border arrangements. [ 24 ]
GM – gas migration; GOC – gas oil contact; GOM – Gulf of Mexico; GOP – geological operations report; GOR – gas oil ratio; GOSP – gas/oil separation plant; GPIT – general-purpose inclinometry tool (borehole survey) [16] GPLT – geol plot log [clarification needed] GPTG – gallons per thousand gallons; GPM – gallons per Mcf ...
Oil extraction is simply the removal of oil from the reservoir (oil pool). There are many methods on extracting the oil from the reservoirs for example; mechanical shaking, [143] water-in-oil emulsion, and specialty chemicals called demulsifiers that separate the oil from water. Oil extraction is costly and often environmentally damaging.
Petroleum refinery in Anacortes, Washington, United States. Petroleum refining processes are the chemical engineering processes and other facilities used in petroleum refineries (also referred to as oil refineries) to transform crude oil into useful products such as liquefied petroleum gas (LPG), gasoline or petrol, kerosene, jet fuel, diesel oil and fuel oils.
Water injection wells may be located on- and offshore, to increase oil recovery from an existing reservoir. Normally only 30% of the oil in a reservoir can be extracted, but water injection increases the recovery (known as the recovery factor) and maintains the production rate of a reservoir over a longer period.
A RAND study in 2005 estimated that production of 100,000 barrels per day (16,000 m 3 /d) of oil (5.4 million tons/year) would theoretically require a dedicated power generating capacity of 1.2 gigawatts (10 billion kWh/year), assuming deposit richness of 25 US gallons (95 L; 21 imp gal) per ton, with 100% pyrolysis efficiency, and 100% extraction of pyrolysis products. [1]
In order to determine the likelihood of oil/gas generation, therefore, the thermal history of the source rock must be calculated. This is performed with a combination of geochemical analysis of the source rock (to determine the type of kerogens present and their maturation characteristics) and basin modelling methods, such as back-stripping ...