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Carbon, in the form of petroleum coke, and hydrogen may also be produced as petroleum products. The hydrogen produced is often used as an intermediate product for other oil refinery processes such as hydrocracking and hydrodesulfurization. A breakdown of the products made from a typical barrel of US oil [3]
The three most quoted oil products are North America's West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude, and their pricing is used as a barometer for the entire petroleum industry, although, in total, there are 46 key oil exporting countries. Brent Crude is typically priced at about $2 over the WTI Spot price ...
A shale gas well being drilled by a drilling rig in Pennsylvania. Produced water is a term used in the oil industry or geothermal industry to describe water that is produced as a byproduct during the extraction of oil and natural gas, [1] or used as a medium for heat extraction.
The product extracted at the wellhead, usually a mixture of oil/condensate, gas, and water, goes through equipment on the lease to separate the three components. The oil and produced water are in most cases stored in separate tanks at the site, and periodically removed by truck. Over the decade 2005–2014, the volume of oil carried to the ...
Water Transfer: The act of moving water from one location to another either to support drilling and completion activity when a well is being made or to remove flowback and produced water after the well has been made and oil and gas begin flowing back.
Typical oil well production fluids are a mixture of oil, gas and produced water. An oil production plant is distinct from an oil depot, which does not have processing facilities. Oil production plant may be associated with onshore or offshore oil fields. Many permanent offshore installations have full oil production facilities.
A 42-US-gallon (35 imp gal; 160 L) barrel of crude oil produces approximately 10 US gallons (8.3 imp gal; 38 L) of diesel, 4 US gallons (3.3 imp gal; 15 L) of jet fuel, 19 US gallons (16 imp gal; 72 L) of gasoline, 7 US gallons (5.8 imp gal; 26 L) of other products, 3 US gallons (2.5 imp gal; 11 L) split between heavy fuel oil and liquified ...
Condensate produced from oil wells is often referred to as lease condensate. [3] Dry gas wells: These wells typically produce only raw natural gas that contains no condensate with little to no crude oil and are called non-associated gas. Condensate from dry gas is extracted at gas processing plants and is often called plant condensate. [3]