Exploration And Production Of Petroleum - 1780 Words

In 1858 in Titusville, Pennsylvania the first oil well was drilled (Congressional Digest 2010). The thirty-eight years following that first onshore oil well would be dedicated to searching for oil resources and by 1896 those who searched accomplished what they set out to do (Congressional Digest 2010). They drilled in an offshore well just off of Summerland, California (Congressional Digest 2010). Oil had become an invaluable source of energy in America in 1910 and the people of America had begun to invent better ways of getting oil (Congressional Digest 2010). The business expanded into the Gulf of Mexico in 1938 (Congressional Digest 2010). In the 1940s, after the war, demand for oil rose and regulations on the prices of oil became nonexistent (Congressional Digest 2010). The petroleum industry continued to spread through open waters. By the 1950s â€Å"oil became the second-largest revenue generator for the country† (Congressional Digest 2010). Advancements in technology r esumed to progress and grow throughout the years allowing for easier â€Å"exploration and production of petroleum in deeper water† (Congressional Digest 2010). In 1969 crude oil was poured out into the Dos Cuadras Field due to a rupture on Union Oil’s Platform A (Congressional Digest 2010). This oil spill caused Congress to not only pass several laws such as the National Environmental Policy Act, the Clean Air Act, and the Coastal Zone Management Act but also begin studying oil spills. This was not the firstShow MoreRelatedHuman Health Risks And Socio Economic Problems Associated With Petroleum Exploration And Production Activities Essay1315 Words   |  6 Pages2.4 ENVIRONMENTAL ISSUES, HUMAN HEALTH RISKS AND SOCIO-ECONOMIC PROBLEMS ASSOCIATED WITH PETROLEUM EXPLORATION AND PRODUCTION ACTIVITIES Petroleum E P Activities are characterized by all forms of environmental impacts at different levels of its operations ranging from exploration, development and production, transportation and distribution, marketing, decommissioning and rehabilitation. At the exploration phase, there are the disturbances of forest and ground surface from related activities suchRead MorePetroleum Oil Corporation : A Canadian Intermediate Crude Oil And Natural Gas Exploration And Production Company958 Words   |  4 Pages(TOURMALINE OIL CORPORATION) INTRODUCTION: (Introduction of the org - brief history and how they got to this point) Calgary’s Tourmaline Oil Corporation is a Canadian intermediate crude oil and natural gas exploration and production company. Tourmaline commenced active operations in the fall of 2008 with t a long-term business growth objective and listed on the TSX in November 2010. During 2010, Tourmaline has generated very strong growth in all reserve categories. Due to Tourmaline Oil Corporation’sRead MoreThe Giant Bomu Oil Field Essay1531 Words   |  7 PagesElesa ELeme went in to full production Amanyie (2005; 2006) explained. The Yorla oil field and the Bodo West oil field were discovered in 1960 and 1970 respectively. 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Find below the list of Namibia regulatory Law: †¢ Petroleum (Exploration and Production) Act, 1991 (Act 2 of 1991); †¢ Petroleum TaxationRead MoreStaff Had The Opportunity For Review The Previous Version Of The Subject Proposed Article1415 Words   |  6 Pagesomitted subject matters that may need to be addressed by the O+G Article and the associated rules to assure protection of HHE. The general comments contained the following areas of concern: 1. The actual and potential effects of petroleum and gas exploration, production, and storage activities: 1.1. Gas/vapor intrusion in enclosed structures such as residences, etc.: identification of potential exposure, prevention and mitigation 1.2. Explosion hazard due to gas and vapor intrusion: identificationRead MoreOil Gas Industry: Past, Present and Future1663 Words   |  7 Pages Sudha Singh At Independence, India s domestic oil production was just 250,000 tones per annum. The entire production was from one state-Assam. 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In spite of many variations, in general, the upstream oil and gas activities, based on two systems, the production-sharing contractsRead MoreGlobal Overview Of The Petroleum Industry1477 Words   |  6 PagesGlobal overview of the industry The petroleum industry includes the global processes of exploration, extraction, refining, transporting (often oil tankers and pipelines), and marketing petroleum products. The oil is used as feedstock for many chemicals, including drugs, solvents, fertilizers, pesticides and plastics. Industry is generally divided into three main components: upstream, midstream and downstream. Crossing operation usually included in a lower category. Oil is vital to many industriesRead MoreOil And Gas Industry : The North Sea And New Zealand Essay1417 Words   |  6 Pageswhich of oil and gas production is mainly dominated by Norway and UK accounted for almost 9 percent of world oil and gas production by late 1990. The North Sea has become as one of important oil and gas region in the 1980s and 1990s as an alternative to OPEC supply (Nakhle, 21 April 2016). Figure 5 shows the location of North Sea Oil and Gas Fields. Figure 5. North Sea Oil and Gas fields (Nakhle, 21 April 2016) Figure xxx illustrates the historical data on oil and gas production in NZ, Norway, and