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Fundamentals of Petroleum Exploration-1

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SKU: AMSEQ-102 Category:

Assignment: A

 

Write short notes on any four of the following

 

  1. Components of Crude Oil
  2. Classification of crude oil industry
  3. New Exploration Licensing Policy (NELP)
  4. Phases of Migration
  5. Characteristics of Porous Rock
  6. Define petroleum. Explain types of Petroleum. What are the major tasks in oil exploration?
  7. Explain whole process of Hydrocarbon Generation.
  8. Describe the trap and its classifications also discuss about Salt Dome.

 

Assignment: B

CASE STUDY

(Attempt all questions. Every question carries 10 marks)

Read the case “Southeast Asia Offshore Oil Drilling Problem” and answer the following questions.

 

Southeast Asia Offshore Oil Drilling Problem

This case study is part of a series designed to help students and younger engineers develop business problemsolving skills through real engineering scenarios. Each case study will provide practical applications of specific, reallife examples to develop the strategy skills that leading companies use to succeed in the marketplace.

 

Scenario

Our client, Petro-Oil, is a mid-sized oil and gas exploration and production company with major areas of exploration located in South America, Gulf of Mexico, Western Africa, China, Eastern Europe, and several other countries. The Board of Petro-Oil has just set an ambitious goal to be completed in the next five years: To be the largest oil and gas producer in Asia by the end of 2017. A quick market research inquiry shows three major competitor companies (Table 1) that are larger than our client. To support their new aspirations, our client just purchased Ceylon-II, a large deep-water oilfield offshore in the South China Sea.

Table 1: Benchmark Results (million barrels of oil equivalent):

 

Petro-Oil’s management team has hired your company to do a diagnostic of the company’s current portfolio, operations, and organization to help them understand what they need to do to achieve this goal.

 

Key points and assumptions

  • Production is generally correlated with reserves
  • Assume the reserves of each of the assets are exactly at the same rate of depletion
  • Assume that all competitors continue to seek additional reserves in the Pacific region
  • The current existing production rates in the area are significantly higher than the client’s production rate

 

Analysis

 

The current extraction rate of Competitors A, B, and C are much higher than our client and hold, at a minimum, 10% extraction rate. The client’s current production rate needs to increase and the new asset has to meet the current standard of 10% extraction rate.

 

Further exploration in the area to gain new assets for additional production is key for growth and to increase the extraction rate. Even with these two current assets, the client’s current reserves are still less than the region’s the largest producer.

Questions to develop the proper strategy

Questions:

  1. Discuss the problem stated in the in the case-study.
  2. What are the goals of the board of Petro-Oil?
  3. Describe the scenario and analysis used in the case-study.
  4. Explain the various key points and assumptions.
  5. Elaborate the questions to develop the proper strategy.

 

Assignment: C

 

  1. Petroleum comes from the Latin “petra” means rock or stone, and ‘oleum’ means oil.
  2. True
  3. False

 

  1. Petroleum occurs in the earth in combination of any of the three states: gas, liquid and solid. directors
  2. True
  3. False

 

  1. Chemically, ————— is a mixture of carbon, hydrogen and oxygen.
  2. Petroleum
  3. Gold
  4. Platinum
  5. Coal

 

  1. To acquire information accurately, various ——- techniques are used the performance of clerical duties.
  2. Vaporization
  3. Exploitation
  4. Exploration
  5. None of these

 

  1. Petroleum contains complex carbon-hydrogen molecular structures called ——- that are linked together to form long chains of more complex molecules.
  2. Chains
  3. Connected Chains
  4. Complex Chains
  5. Linked Chains

 

  1. Petroleum contains complex carbon-hydrogen molecular structures called chains that are linked together to form long chains of more complex molecules. ——- is one such hydrocarbon.
  2. CH2
  3. CH3
  4. CH4
  5. CH5

 

  1. Which liquid-hydrocarbons contain varying amounts of dissolved gases, bitumens, and other impurities.
  2. Crude oils
  3. Natural gas
  4. Semi-solids
  5. Solid forms

 

  1. Crude oil refers to:
  2. Gas Petroleum
  3. Liquid Petroleum
  4. Solid Petroleum

 

  1. The ——- consists of lighter paraffin hydrocarbons.
  2. Crude oil
  3. Natural gas
  4. Semi-solid
  5. Solid forms

 

  1. Semi and solid forms are called ——- hydrocarbons and bitumens.
  2. Heavy
  3. Light
  4. Gas
  5. Liquid

 

  1. The major task in oil exploration is to ——- where there are geological structures in which oil might have been trapped.
  2. Locate Sites
  3. Locate under sea
  4. Locate Mountain
  5. Locate land
  6. The major task in oil exploration is to ——- where there are geological structures in which oil might have been trapped.
  7. Locate Sites
  8. Locate under sea
  9. Locate Mountain
  10. Locate land

 

  1. Geochemistry has emerged lately as a very useful tool in deciphering the hydrocarbon occurrences in certain areas of the basin on a ——- particularly the gaseous type.
  2. micro scale
  3. macro scale
  4. Only 1
  5. Only 2
  6. 1 and 2
  7. None of these

 

  1. Crude oil was discovered in Digboi, Assam, India in:
  2. Late 17th century
  3. Late 18th century
  4. Late 19th century
  5. Late 20th century

 

15 Petroleum comes from the Latin words ——- and ——-.

  1. Petro, Leum
  2. Petra, Leum
  3. Petra, Oleum
  4. Petro, Aleum

 

  1. Petroleum comes from the Latin ‘petra’ and ‘oleum’.
  2. ‘petra’ means oil and ‘oleum’ means rock
  3. ‘petra’ means rock and ‘oleum’ means oil
  4. ‘petra’ means Oil and ‘oleum’ means stone
  5. ‘petra’ means coal and ‘oleum’ means oil

 

  1. Crude oil is soluble in:
  2. Naphtha
  3. Carbon disulfide
  4. Ether
  5. Benzene
  6. All of the above

 

  1. In oil exploration the property of rock are:
  2. Gravity
  3. Magnetism
  4. Impedance of acoustic
  5. Sound waves within the rock formations
  6. 1 and 2
  7. 2 and 3
  8. 1 and 3
  9. 1, 2, 3 and 4

 

  1. Oil exploration is the property of rock in terms of gravity, magnetism and impedance of acoustic or sound waves within the rock formations. These properties of rocks are grouped as ——-.
  2. Geophysical Properties
  3. Geochemical Properties
  4. Biological Properties
  5. Geological Properties

 

  1. Digboi is known as the ——- of Assam where the first oil well in ——- was drilled.
  2. Petroleum City, Asia
  3. Oil City, Asia
  4. Oil City, India
  5. Petroleum City, India

 

  1. Read the following statements and tell which of the mentioned option is CORRECT:
  2. The current production from the Digboi oi fields is about 240 barrels/day.
  3. Over 1,000 wells have been drilled at Digboi.
  4. True, True
  5. True, False
  6. False, True
  7. False, False
  8. Read the following statements and tell which of the mentioned option is CORRECT:
  9. Digboi is now Headquarter of Assam Oil Division of Indian Oil Corporation Limited.
  10. The Digboi oil field produced close to 7,000barrels/day of crude oil at its peak, which was during World War II.
  11. True, True
  12. True, False
  13. False, True
  14. False, False

 

  1. Petroleum occurs in the earth in combination of any of the four states:
  2. Gas and Liquid
  3. Semi-solid and Solid
  4. Gas and Solid
  5. Liquid and Semi-solid
  6. gas, liquid, semi-solid, and solid

 

  1. Chemically, petroleum is a mixture of
  2. Carbon, Hydrogen and Oxygen (i.e. Hydrocarbons)
  3. Minor amounts of nitrogen, oxygen, and sulphur as impurities
  4. Traces of heavy metals
  5. 1 and 2
  6. 2 and 3
  7. 1 and 3
  8. 1, 2 and 3

 

  1. Read the following statements and tell which of the mentioned option is CORRECT:
  2. Assam Oil Company is part of Indian Oil
  3. Indian Oil Company is part of Assam Oil company
  4. Digboi is a name after the incidence when “Dig boy, dig’, shouted the Canadian engineer, Mr W L Lake, at his men as they watched elephants emerging out of the dense forest with oil stains on their feet”.
  5. True, True, True
  6. False, True, True
  7. True, True, False
  8. False, False, False

 

  1. These types of petroleum are:
  2. Thick crude oil
  3. Lighter crude oil
  4. Very light crude oil
  5. Petroleum in solid state at room temperature
  6. 1, 2 and 3
  7. 2, 3 and 4
  8. 3, 4 and 1
  9. 1, 2, 3 and 4

 

  1. Read the following statements and tell which of the mentioned option is CORRECT:
  2. Natural gas consists of lighter paraffin hydrocarbons, the most abundant being methane gas (CH4).
  3. Semi and solid forms are called heavy hydrocarbons and bitumens.
  4. Crude oil refers to liquid petroleum as similer to refined oil.
  5. True, True, True
  6. False, True, True
  7. True, True, False
  8. False, False, False

 

  1. Petroleum occurs in the earth in combination of any of these states:
  2. Gas
  3. Liquid
  4. Semi-solid
  5. Solid
  6. All of the above

 

  1. One of the problems with finding new fossil fuel deposits in developing countries is that ———-.
  2. It is very expensive to transport the deposit elsewhere
  3. Those countries tend to keep the resource for themselves, not sharing with other countries
  4. International companies move in to harvest the new deposit, and very little money or resource remains in the country.
  5. Their governments seldom allow extraction of the deposit without meeting expensive environmental regulations
  6. Their governments seldom allow extraction of the deposit without imposing huge taxes to fund new social benefits for the country

 

  1. Kerogens classified into three types. Macth the following:

Type I (Algal/Sapropelic)

Type II (Liptinic)

Type III (Humic)

  1. Consisting of mainly algal and amorphous organic matter.
  2. Woody terrestrial source material.
  3. Mixed terrestrial and marine source material.
  4. Type I (Algal/Sapropelic)- 1, Type II (Liptinic) – 2 and Type III (Humic) – 3
  5. Type I (Algal/Sapropelic) – 3, Type II (Liptinic) – 2 and Type III (Humic) – 1
  6. Type I (Algal/Sapropelic) – 1, Type II (Liptinic) – 3 and Type III (Humic) – 2
  7. Type I (Algal/Sapropelic) – 2, Type II (Liptinic) – 1 and Type III (Humic) – 3

 

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