An Introduction to Petroleum Technology, Economics, and by James G. Speight

By James G. Speight

The ideal primer for either the layperson and the engineer, for the hot rent and the previous hand, describing, in easy-to-understand language, one of many largest and so much profitable industries within the world.

There is just one substance recognized to mankind which can reason wars, impression international economies, and make whole international locations wealthy: petroleum. One teaspoon of the stuff incorporates adequate power to energy a ton truck up a hill. it really is within the information day by day, it impacts our lives in ways in which we can't fathom, and it's the most crucial commodity on the planet. yet how a lot does the typical individual, even the typical engineer, learn about it?

This e-book describes the petroleum undefined, in easy-to-understand language, for either the layperson and engineer alike. From the economics of attempting to find oil and fuel to the pitfalls of drilling and construction, getting it out of the floor, into pipelines, into refineries, and, ultimately, into your gasoline tank, this e-book covers the petroleum like no different remedy earlier than. there's insurance of pricing and the economics of this vitally important source, besides, that is invaluable not just to engineers, yet to economists and, fairly, a person who makes use of it.

From jet gasoline to fuel to average fuel and plastics, petroleum is among the essential items of our lives. we're essentially bathed it in from start, our foodstuff is secure by way of it, and it even has therapeutic homes. study all approximately this great substance and its attention-grabbing historical past and hugely debated future.

An advent to Petroleum expertise, Economics, and Politics:

  • Gives an intensive precis of the petroleum and average gasoline undefined, from prospect to creation to pipeline
  • New applied sciences, comparable to directional and underbalanced drilling, are coated, in easy-to-understand language
  • Useful not just for rookies and laypersons, yet for engineers and scholars, relatively these for whom English is a moment language
  • Examines the fundamentals of pricing and valuation

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Extra resources for An Introduction to Petroleum Technology, Economics, and Politics

Sample text

Groups or strata, categorized in order of their antiquity (Speight, 2007). These divisions are recognized by the distinctive systems of organic debris (as well as fossils, minerals, and other characteristics), which form a chronological time chart that indicates the relative ages of the earth's strata. It is generally acknowledged that carbonaceous materials such as petroleum occur in all these geological strata from the Precambrian to the recent, and the origin of petroleum within these formations is a question that remains open to conjecture and the basis for much research.

As the layers of sediment accumulate, the increasing load of material causes compaction of the sediment and part of the water is expelled from the pores. Migration of oil probably begins at this stage and may involve a substantial horizontal component. Initially, the oil hydrocarbons may be present in the water, either suspended as tiny globules or dissolved, with hydrocarbons being slightly soluble in water. The loss of hydrocarbons from a trap is referred to as dismigration. 2), but it is known that crude oil and gas occur in pools or fields in which the oil or gas occupies pore space in the rock.

2008. Handbook of Synthetic Fuels, McGraw-Hill, New York. Sperber, D. 1976. Objects of Trade Between Palestine and Egypt in Roman Times. Journal of the Economic and Social History of the Orient. 19(2): 113-147. K. 1978. Development in Petroleum Science, No. 7, Bitumens, Asphalts and Tar Sands. F. V. Chilingarian (Editors). Elsevier, New York, p. 92. Steinsaltz, 1977. The Uses and Refining of Petroleum as Mentioned in the Talmud. Isis, 68(1): 104-105. Stern, B. , and Heron, C. 2007. From Susa to Anuradhapura: Reconstructing Aspects of Trade and Exchange in Bitumen-Coated Ceramic Vessels between Iran and Sri Lanka from the Third to the Ninth Centuries AD.

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