• How Its Made - Crude Oil

    Video mengenai proses pengolahan minyak, mulai dari sumur minyak, pengeboran, pengilangan, sampai jadi minyak siap pakai. Video dibuat oleh Discovery.

    published: 27 Jun 2014
  • Learn Oil and Gas with Animations

    - Like our Facebook: https://www.facebook.com/oilvips - Oil and gas are generated from a source rock, organic matter buried in the depths of the earth. Once formed, they climb back towards the surface. On their way, cap rocks can impede their progress and they accumulate in reservoir rocks. Here they constitute hydrocarbon fields, which can be identified by interpreting seismic data (a sort of echography). The data is obtained with the help of a seismic ship. To confirm the interpretations of seismic data, two types of drilling gear exist. Each is adapted to a range of depth of water (down to more than 2500 meters). The platform seen here is a semi-submersible, which floats and retains its stabilised position by means of anchors fixed on the seabed. Platforms at sea are used not only f...

    published: 06 Mar 2014
  • How petroleum exploration and refining process

    This video explain how crude oil was explored, explain the drilling process, transporting crude oil to refinery,distillation process till final product petrol obtained...

    published: 28 Sep 2011
  • Crude Oil Extraction, Refining & History of Oil Production in 1920s - Silent Action

    The Story of Gasoline - 1920s Silent Action oil refining. Early history of Gas production. Crude oil pumped, refining & petroleum extraction.

    published: 15 Jun 2014
  • Counting the Cost - Why is OPEC refusing to cut oil production?

    Despite plummeting oil prices and a glut in global supplies, members of the Organisation of the Petroleum Exporting Countries (OPEC), have decided to increase oil production levels despite growing disagreement among members over the strategy. OPEC, which provides a third of global oil, recently decided to increase its collective output to 31.5 million barrels per day, despite crude oil prices dropping to a seven-year-low, now hovering around $40 a barrel. Made up of Algeria, Angola, Ecuador, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela; the oil cartel has been supplying an already over-supplied market with cheap oil - with all of its members now feeling the pinch. But countries such as Venezuela have been the hardest hit. Wit...

    published: 13 Dec 2015
  • Animation of Hydraulic Fracturing (fracking)

    Safe, cost-effective refinements in hydraulic fracturing (also known as fracking), horizontal drilling and other innovations now allow for the production of oil and natural gas from tight shale formations that previously were inaccessible. This video introduces the proven techniques used to extract resources from shale formations in a safe, environmentally responsible manner. Includes Spanish subtitles. For more information, visit: http://www.marathonoil.com/Social_Responsibility/Environmental_Stewardship/Hydraulic_Fracturing/

    published: 26 Apr 2012
  • Oil and Gas Formation

    A fast paced explanation of how many oil and gas deposits form and how we explore for them.

    published: 05 Sep 2014
  • Heavy crude oil

    Heavy crude oil or extra heavy crude oil is oil that is highly viscous, and cannot easily flow to production wells under normal reservoir conditions.(Mai) It is referred to as "heavy" because its density or specific gravity is higher than that of light crude oil. Heavy crude oil has been defined as any liquid petroleum with an API gravity less than 20°.(Dusseault 2001) Physical properties that differ between heavy crude oils and lighter grades include higher viscosity and specific gravity, as well as heavier molecular composition. In 2010, the World Energy Council defined extra heavy oil as crude oil having a gravity of less than 10° and a reservoir viscosity of no more than 10 000 centipoises. When reservoir viscosity measurements are not available, extra-heavy oil is considered by the WE...

    published: 23 Nov 2015
  • The Largest Oil Rig in The World

    Perdido is the deepest floating oil rig (platform) in the world at a water depth of about 2450 meters operated by the Shell Oil Company in the Gulf of Mexico. The Perdido is located in the Perdido fold belt which is a rich discovery of crude oil and natural gas that lies in water that is nearly 8000 feet deep. The platform's peak production will be 100,000 barrels of oil equivalent per day. At 267 meters, the Perdido is nearly as tall as the Eiffel Tower. An oil rig is a large structure with facilities to drill wells, to extract and process oil and natural gas, and to temporarily store product until it can be brought to shore for refining and marketing. In many cases, the platform contains facilities to house the workforce as well.

    published: 26 Nov 2013
  • The Oil Kingdom: Part One

    Lesley Stahl meets with officials in Saudi Arabia and takes a tour of its vast petroleum facilities, which are gearing up to produce even more oil.

    published: 07 Dec 2008
  • Crude Oil Distillation Process Part 1

    An oil refinery or petroleum refinery is an industrial process plant where crude oil is processed and refined into more useful petroleum products, such as gasoline, diesel fuel, asphalt base, heating oil, kerosene, and liquefied petroleum gas. Oil refineries are typically large sprawling industrial complexes with extensive piping running throughout, carrying streams of fluids between large chemical processing units. In many ways, oil refineries use much of the technology of, and can be thought of as types of chemical plants. The crude oil feedstock has typically been processed by an oil production plant. There is usually an oil depot (tank farm) at or near an oil refinery for storage of bulk liquid products.

    published: 16 Aug 2010
  • How Oil and Gas wells are drilled?

    Geologists use seismic surveys to search for geological structures that may form oil reservoirs. The "classic" method includes making an underground explosion nearby and observing the seismic response that provides information about the geological structures under the ground. However, "passive" methods that extract information from naturally-occurring seismic waves are also known. The oil well is created by drilling a long hole into the earth with an oil rig. A steel pipe (casing) is placed in the hole, to provide structural integrity to the newly drilled well bore. Holes are then made in the base of the well to enable oil to pass into the bore.Finally a collection of valves called a "Christmas Tree" is fitted to the top, the valves regulate pressures and control flow. During the primary...

    published: 24 Oct 2014
  • How to Make Petrol or Gas from Crude Oil.

    The video shows how crude oil is mined and how petrol, gas, jet fuel, etc., are 'refined' from it. The scenes take place in Texas, USA.

    published: 14 Dec 2010
  • Oil Production in Saudi Arabia is Near an All-Time High

    Oil prices have been bouncing around all morning. Saudi Arabia says its oil production is near an all time high of around 10 million barrels of crude oil per day. Also, factory activity in China is slowing, which is also impacting oil prices. Whiting Petroleum says it will offer 35 million shares as well as 1.75 billion in convertible senior notes. Earlier this month, Whiting was reportedly seeking a buyer but the stock and note sale cast doubt on whether the oil and gas provider can find a buyer for the company. FDA has approved Abiomed's blood pump device, which will be used during heart procedures. Subscribe to TheStreetTV on YouTube: http://t.st/TheStreetTV For more content from TheStreet visit: http://thestreet.com Check out all our videos: http://youtube.com/user/TheStreetTV Foll...

    published: 24 Mar 2015
  • Crude: The Incredible Journey Of Oil

    It has taken between 50-300 million years to form, and yet we have managed to burn roughly half of all global oil reserves in merely 125 years or so. The world now consumes 85 million barrels of oil per day, or 40,000 gallons per second, and demand is growing exponentially. Oil production in 33 out of 48 out countries has now peaked, including Kuwait, Russia and Mexico. Global oil production is now also approaching an all time peak and can potentially end our Industrial Civilization. The most distinguished and prominent geologists, oil industry experts, energy analysts and organizations all agree that big trouble is brewing. The world is not running out of oil itself, but rather its ability to produce high-quality cheap and economically extractable oil on demand. After more than fifty...

    published: 19 Jan 2015
  • ONGC : Oil and Natural Gas Commission of India

    Since its inception, ONGC has been instrumental in transforming the country's limited upstream sector into a large viable playing field, with its activities spread throughout India and significantly in overseas territories. In the inland areas, ONGC not only found new resources in Assam but also established new oil province in Cambay basin (Gujarat), while adding new petroliferous areas in the Assam-Arakan Fold Belt and East coast basins (both inland and offshore). ONGC went offshore in early 70's and discovered a giant oil field in the form of Bombay High, now known as Mumbai High. This discovery, along with subsequent discoveries of huge oil and gas fields in Western offshore changed the oil scenario of the country. Subsequently, over 5 billion tonnes of hydrocarbons, which were present ...

    published: 03 Jun 2016
How Its Made - Crude Oil

How Its Made - Crude Oil

  • Order:
  • Duration: 4:55
  • Updated: 27 Jun 2014
  • views: 25873
videos
Video mengenai proses pengolahan minyak, mulai dari sumur minyak, pengeboran, pengilangan, sampai jadi minyak siap pakai. Video dibuat oleh Discovery.
https://wn.com/How_Its_Made_Crude_Oil
Learn Oil and Gas with Animations

Learn Oil and Gas with Animations

  • Order:
  • Duration: 3:33
  • Updated: 06 Mar 2014
  • views: 229836
videos
- Like our Facebook: https://www.facebook.com/oilvips - Oil and gas are generated from a source rock, organic matter buried in the depths of the earth. Once formed, they climb back towards the surface. On their way, cap rocks can impede their progress and they accumulate in reservoir rocks. Here they constitute hydrocarbon fields, which can be identified by interpreting seismic data (a sort of echography). The data is obtained with the help of a seismic ship. To confirm the interpretations of seismic data, two types of drilling gear exist. Each is adapted to a range of depth of water (down to more than 2500 meters). The platform seen here is a semi-submersible, which floats and retains its stabilised position by means of anchors fixed on the seabed. Platforms at sea are used not only for drilling but also for the production of hydrocarbons. This production consists of the separation of oil, gas and water, before the oil and gas is taken by pipeline towards a mainland terminal. Where it is impossible or too expensive to link the field to the coast by a pipeline, an FPSO ship is used (Floating Production Storage and Offloading barge). Onboard, the hydrocarbons and the water are separated. The oil is stored prior to being loaded on tankers and the gas is re-injected into the reservoir rocks. Gas from a field is taken to land through an underground gasoduct to a processing plant. There, if the gas is to be transported by sea, it is converted into liquid obtained by cooling it down to --163°C. When it arrives at the plant terminal, the liquid natural gas (LNG) is returned to its gaseous state in a re-gasification plant, before being introduced into the local gasoduct network. The LNG is stored in tanks before re-gasification. The crude oil is transported in a petroleum tanker, the capacity of which can attain 200 000 tons. It is commonly called a "super- tanker". The terminals capable of receiving such giants are few and far between. The ships used to transport the crude oil produced on an FPSO ship are of a much smaller capacity. The crude oil, before being refined, is stored in the port in the large capacity tanks. The natural gas is preserved in reservoirs (artificial or natural). It is ready to be injected by pumping into the gasoduct network for industrial and domestic use or as fuel in power-generating stations. As far as the crude oil goes, it is transported by oleoduct to the refinery. There it undergoes a number of transformations and blending. A variety of finished products are obtained (LPG, petrol, kerosene, diesel ...), or naphtha, which will be used as the basis for the composition of plastic products by complex petroleum chemistry. --------------------------------------------------------------------------------------- Like our Facebook: https://www.facebook.com/oilvips Twitter: https://twitter.com/oilvips And Don't forget to subscribe to our channel
https://wn.com/Learn_Oil_And_Gas_With_Animations
How petroleum exploration and refining process

How petroleum exploration and refining process

  • Order:
  • Duration: 8:49
  • Updated: 28 Sep 2011
  • views: 499203
videos
This video explain how crude oil was explored, explain the drilling process, transporting crude oil to refinery,distillation process till final product petrol obtained...
https://wn.com/How_Petroleum_Exploration_And_Refining_Process
Crude Oil Extraction, Refining & History of Oil Production in 1920s - Silent Action

Crude Oil Extraction, Refining & History of Oil Production in 1920s - Silent Action

  • Order:
  • Duration: 43:15
  • Updated: 15 Jun 2014
  • views: 5119
videos
The Story of Gasoline - 1920s Silent Action oil refining. Early history of Gas production. Crude oil pumped, refining & petroleum extraction.
https://wn.com/Crude_Oil_Extraction,_Refining_History_Of_Oil_Production_In_1920S_Silent_Action
Counting the Cost - Why is OPEC refusing to cut oil production?

Counting the Cost - Why is OPEC refusing to cut oil production?

  • Order:
  • Duration: 25:01
  • Updated: 13 Dec 2015
  • views: 99805
videos
Despite plummeting oil prices and a glut in global supplies, members of the Organisation of the Petroleum Exporting Countries (OPEC), have decided to increase oil production levels despite growing disagreement among members over the strategy. OPEC, which provides a third of global oil, recently decided to increase its collective output to 31.5 million barrels per day, despite crude oil prices dropping to a seven-year-low, now hovering around $40 a barrel. Made up of Algeria, Angola, Ecuador, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela; the oil cartel has been supplying an already over-supplied market with cheap oil - with all of its members now feeling the pinch. But countries such as Venezuela have been the hardest hit. With 95 percent of its income from oil, Venezuela is witnessing its worst recession since the 1940s, and the economy is expected to shrink by 10 percent this year. Venezuela wants OPEC to change its policy but influential players like Saudi Arabia are insisting on keeping production levels high, because they don't want to lose customers to non-OPEC producers like the United States. US oil and shale gas production has been expanding in recent years, and with reduced domestic fuel demand - this could lead to less reliance on crude imports and a lifting its oil export ban. Kim Zietlow, an economist at Humboldt University in Berlin, joins Counting the Cost to discuss OPEC's refusal to cut oil production and what this means for the future of the oil cartel. Iran's return to the big stage Iran is about to re-enter the world of oil markets after years of sanctions and isolation. With the world's fourth-largest crude oil reserves and the second-largest reserves of natural gas, the Islamic Republic was pumping around 4.5 million barrels of oil a day ten years ago before international sanctions brought that right down to 2.8 million barrels. When sanctions are lifted however, that could rise by a million barrels a day, depending on whether international companies decide to return and invest there. Azadeh Meskarian, a solicitor with the Iran Department at Zaiwalla & Co, joins the programme to discuss Iran's return and the effects it will have on the oil market. - Subscribe to our channel: http://bit.ly/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check out our website: http://www.aljazeera.com/
https://wn.com/Counting_The_Cost_Why_Is_Opec_Refusing_To_Cut_Oil_Production
Animation of Hydraulic Fracturing (fracking)

Animation of Hydraulic Fracturing (fracking)

  • Order:
  • Duration: 6:37
  • Updated: 26 Apr 2012
  • views: 1118663
videos
Safe, cost-effective refinements in hydraulic fracturing (also known as fracking), horizontal drilling and other innovations now allow for the production of oil and natural gas from tight shale formations that previously were inaccessible. This video introduces the proven techniques used to extract resources from shale formations in a safe, environmentally responsible manner. Includes Spanish subtitles. For more information, visit: http://www.marathonoil.com/Social_Responsibility/Environmental_Stewardship/Hydraulic_Fracturing/
https://wn.com/Animation_Of_Hydraulic_Fracturing_(Fracking)
Oil and Gas Formation

Oil and Gas Formation

  • Order:
  • Duration: 3:05
  • Updated: 05 Sep 2014
  • views: 254256
videos
A fast paced explanation of how many oil and gas deposits form and how we explore for them.
https://wn.com/Oil_And_Gas_Formation
Heavy crude oil

Heavy crude oil

  • Order:
  • Duration: 11:22
  • Updated: 23 Nov 2015
  • views: 613
videos
Heavy crude oil or extra heavy crude oil is oil that is highly viscous, and cannot easily flow to production wells under normal reservoir conditions.(Mai) It is referred to as "heavy" because its density or specific gravity is higher than that of light crude oil. Heavy crude oil has been defined as any liquid petroleum with an API gravity less than 20°.(Dusseault 2001) Physical properties that differ between heavy crude oils and lighter grades include higher viscosity and specific gravity, as well as heavier molecular composition. In 2010, the World Energy Council defined extra heavy oil as crude oil having a gravity of less than 10° and a reservoir viscosity of no more than 10 000 centipoises. When reservoir viscosity measurements are not available, extra-heavy oil is considered by the WEC to have a lower limit of 4° °API.(WEC 2007). They have a "low solubility and are with viscosity lower and density higher than water.(2003 & Llamas 118) "Large spills of DNAPL will quickly penetrate the full depth of the aquifer and accumulate on its bottom."(2008 & Vrba 23) Heavy crude oil is closely related to natural bitumen from oil sands. Petroleum geologists categorize bitumen from oil sands as ‘extra-heavy oil’ due to its density of less than 10° °API. Bitumen is the heaviest, thickest form of petroleum. According to the U.S. Geological Survey, bitumen is further distinguished as extra-heavy oil with a higher viscosity: “Natural bitumen, also called tar sands or oil sands, shares the attributes of heavy oil but is yet more dense and viscous. Natural bitumen is oil having a viscosity greater than 10,000 cP.” “Natural bitumen and heavy oil differ from light oils by their high viscosity at reservoir temperatures, high density, and significant contents of nitrogen, oxygen, and sulfur compounds and heavy-metal contaminants. They resemble the residuum from the refining of light oil. Most heavy oil is found at the margins of geologic basins and is thought to be the residue of formerly light oil that has lost its light-molecular-weight components through degradation by bacteria, water-washing, and evaporation. Conventional heavy oil and bitumens differ in the degree by which they have been degraded from the original crude oil by bacteria and erosion.(Meyer & 2003 1) Often, bitumen is more viscous than cold molasses and does not flow at ambient conditions. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
https://wn.com/Heavy_Crude_Oil
The Largest Oil Rig in The World

The Largest Oil Rig in The World

  • Order:
  • Duration: 19:43
  • Updated: 26 Nov 2013
  • views: 4413509
videos
Perdido is the deepest floating oil rig (platform) in the world at a water depth of about 2450 meters operated by the Shell Oil Company in the Gulf of Mexico. The Perdido is located in the Perdido fold belt which is a rich discovery of crude oil and natural gas that lies in water that is nearly 8000 feet deep. The platform's peak production will be 100,000 barrels of oil equivalent per day. At 267 meters, the Perdido is nearly as tall as the Eiffel Tower. An oil rig is a large structure with facilities to drill wells, to extract and process oil and natural gas, and to temporarily store product until it can be brought to shore for refining and marketing. In many cases, the platform contains facilities to house the workforce as well.
https://wn.com/The_Largest_Oil_Rig_In_The_World
The Oil Kingdom: Part One

The Oil Kingdom: Part One

  • Order:
  • Duration: 12:34
  • Updated: 07 Dec 2008
  • views: 194551
videos
Lesley Stahl meets with officials in Saudi Arabia and takes a tour of its vast petroleum facilities, which are gearing up to produce even more oil.
https://wn.com/The_Oil_Kingdom_Part_One
Crude Oil Distillation Process Part 1

Crude Oil Distillation Process Part 1

  • Order:
  • Duration: 10:15
  • Updated: 16 Aug 2010
  • views: 524507
videos
An oil refinery or petroleum refinery is an industrial process plant where crude oil is processed and refined into more useful petroleum products, such as gasoline, diesel fuel, asphalt base, heating oil, kerosene, and liquefied petroleum gas. Oil refineries are typically large sprawling industrial complexes with extensive piping running throughout, carrying streams of fluids between large chemical processing units. In many ways, oil refineries use much of the technology of, and can be thought of as types of chemical plants. The crude oil feedstock has typically been processed by an oil production plant. There is usually an oil depot (tank farm) at or near an oil refinery for storage of bulk liquid products.
https://wn.com/Crude_Oil_Distillation_Process_Part_1
How Oil and Gas wells are drilled?

How Oil and Gas wells are drilled?

  • Order:
  • Duration: 19:38
  • Updated: 24 Oct 2014
  • views: 326392
videos
Geologists use seismic surveys to search for geological structures that may form oil reservoirs. The "classic" method includes making an underground explosion nearby and observing the seismic response that provides information about the geological structures under the ground. However, "passive" methods that extract information from naturally-occurring seismic waves are also known. The oil well is created by drilling a long hole into the earth with an oil rig. A steel pipe (casing) is placed in the hole, to provide structural integrity to the newly drilled well bore. Holes are then made in the base of the well to enable oil to pass into the bore.Finally a collection of valves called a "Christmas Tree" is fitted to the top, the valves regulate pressures and control flow. During the primary recovery stage, reservoir drive comes from a number of natural mechanisms. These include: natural water displacing oil downward into the well, expansion of the natural gas at the top of the reservoir, expansion of gas initially dissolved in the crude oil, and gravity drainage resulting from the movement of oil within the reservoir from the upper to the lower parts where the wells are located. Recovery factor during the primary recovery stage is typically 5-15%. While the underground pressure in the oil reservoir is sufficient to force the oil to the surface, all that is necessary is to place a complex arrangement of valves (the Christmas tree) on the well head to connect the well to a pipeline network for storage and processing. Sometimes pumps, such as beam pumps and electrical submersible pumps (ESPs), are used to bring the oil to the surface; these are known as artificial lift mechanisms. Over the lifetime of the well the pressure will fall, and at some point there will be insufficient underground pressure to force the oil to the surface. After natural reservoir drive diminishes, secondary recovery methods are applied. They rely on the supply of external energy into the reservoir in the form of injecting fluids to increase reservoir pressure, hence replacing or increasing the natural reservoir drive with an artificial drive. Secondary recovery techniques increase the reservoir's pressure by water injection, natural gas reinjection and gas lift, which injects air, carbon dioxide or some other gas into the bottom of an active well, reducing the overall density of fluid in the wellbore. Typical recovery factor from water-flood operations is about 30%, depending on the properties of oil and the characteristics of the reservoir rock. On average, the recovery factor after primary and secondary oil recovery operations is between 35 and 45%. The amount of oil that is recoverable is determined by a number of factors including the permeability of the rocks, the strength of natural drives (the gas present, pressure from adjacent water or gravity), and the viscosity of the oil. When the reservoir rocks are "tight" such as shale, oil generally cannot flow through but when they are permeable such as in sandstone, oil flows freely. The flow of oil is often helped by natural pressures surrounding the reservoir rocks including natural gas that may be dissolved in the oil (Gas oil ratio), natural gas present above the oil, water below the oil and the strength of gravity. Oils tend to span a large range of viscosity from liquids as light as gasoline to heavy as tar. The lightest forms tend to result in higher extraction rates. Petroleum engineering is the discipline responsible for evaluating which well locations and recovery mechanisms are appropriate for a reservoir and for estimating recovery rates and oil reserves prior to actual extraction.
https://wn.com/How_Oil_And_Gas_Wells_Are_Drilled
How to Make Petrol or Gas from Crude Oil.

How to Make Petrol or Gas from Crude Oil.

  • Order:
  • Duration: 13:50
  • Updated: 14 Dec 2010
  • views: 567009
videos
The video shows how crude oil is mined and how petrol, gas, jet fuel, etc., are 'refined' from it. The scenes take place in Texas, USA.
https://wn.com/How_To_Make_Petrol_Or_Gas_From_Crude_Oil.
Oil Production in Saudi Arabia is Near an All-Time High

Oil Production in Saudi Arabia is Near an All-Time High

  • Order:
  • Duration: 1:39
  • Updated: 24 Mar 2015
  • views: 5196
videos
Oil prices have been bouncing around all morning. Saudi Arabia says its oil production is near an all time high of around 10 million barrels of crude oil per day. Also, factory activity in China is slowing, which is also impacting oil prices. Whiting Petroleum says it will offer 35 million shares as well as 1.75 billion in convertible senior notes. Earlier this month, Whiting was reportedly seeking a buyer but the stock and note sale cast doubt on whether the oil and gas provider can find a buyer for the company. FDA has approved Abiomed's blood pump device, which will be used during heart procedures. Subscribe to TheStreetTV on YouTube: http://t.st/TheStreetTV For more content from TheStreet visit: http://thestreet.com Check out all our videos: http://youtube.com/user/TheStreetTV Follow TheStreet on Twitter: http://twitter.com/thestreet Like TheStreet on Facebook: http://facebook.com/TheStreet Follow TheStreet on LinkedIn: http://linkedin.com/company/theStreet Follow TheStreet on Google+: http://plus.google.com/+TheStreet
https://wn.com/Oil_Production_In_Saudi_Arabia_Is_Near_An_All_Time_High
Crude: The Incredible Journey Of Oil

Crude: The Incredible Journey Of Oil

  • Order:
  • Duration: 1:29:20
  • Updated: 19 Jan 2015
  • views: 64493
videos
It has taken between 50-300 million years to form, and yet we have managed to burn roughly half of all global oil reserves in merely 125 years or so. The world now consumes 85 million barrels of oil per day, or 40,000 gallons per second, and demand is growing exponentially. Oil production in 33 out of 48 out countries has now peaked, including Kuwait, Russia and Mexico. Global oil production is now also approaching an all time peak and can potentially end our Industrial Civilization. The most distinguished and prominent geologists, oil industry experts, energy analysts and organizations all agree that big trouble is brewing. The world is not running out of oil itself, but rather its ability to produce high-quality cheap and economically extractable oil on demand. After more than fifty years of research and analysis on the subject by the most widely respected & rational scientists, it is now clear that the rate at which world oil producers can extract oil is reaching the maximum level possible. This is what is meant by Peak Oil. With great effort and expenditure, the current level of oil production can possibly be maintained for a few more years, but beyond that oil production must begin a permanent & irreversible decline. The Stone Age did not end because of the lack of stones, and the Oil Age won't end because of lack of oil. The issue is lack of further growth, followed by gradual, then steep decline. Dr King Hubbert correctly predicted peaking of USA oil production in the 1970's on this basis. It is now widely acknowledged by the world's leading petroleum geologists that more than 95 percent of all recoverable oil has now been found. We therefore know, within a reasonable degree of certainty, the total amount of oil available to us. Any oil well has roughly the same life cycle where the production rate peaks before it goes into terminal decline. This happens when about half of the oil has been recovered from the well. We have consumed approximately half of the world’s total reserve of about 2.5 trillion barrels of conventional oil in the ground when we started drilling the first well at a current rate of over 30 billion a year, meaning the world is nearing its production plateau. Worldwide discovery of oil peaked in 1964 and has followed a steady decline since. According to industry consultants IHS Energy, 90% of all known reserves are now in production, suggesting that few major discoveries remain to be made. There have been no significant discoveries of new oil since 2002. In 2001 there were 8 large scale discoveries, and in 2002 there were 3 such discoveries. In 2003 there were no large scale discoveries of oil. Given geologists' sophisticated understanding of the characteristics that would indicate a major oil find, is is highly unlikely that any area large enough to be significant has eluded attention and no amount or kind of technology will alter that. Since 1981 we have consumed oil faster than we have found it, and the gap continues to widen. Developing an area such as the Artic National Wildlife Refuge in Alaska has a ten year lead time and would ultimately produce well under 1% of what the world currently consumes (IEA).
https://wn.com/Crude_The_Incredible_Journey_Of_Oil
ONGC : Oil and Natural Gas Commission of India

ONGC : Oil and Natural Gas Commission of India

  • Order:
  • Duration: 7:55
  • Updated: 03 Jun 2016
  • views: 5507
videos
Since its inception, ONGC has been instrumental in transforming the country's limited upstream sector into a large viable playing field, with its activities spread throughout India and significantly in overseas territories. In the inland areas, ONGC not only found new resources in Assam but also established new oil province in Cambay basin (Gujarat), while adding new petroliferous areas in the Assam-Arakan Fold Belt and East coast basins (both inland and offshore). ONGC went offshore in early 70's and discovered a giant oil field in the form of Bombay High, now known as Mumbai High. This discovery, along with subsequent discoveries of huge oil and gas fields in Western offshore changed the oil scenario of the country. Subsequently, over 5 billion tonnes of hydrocarbons, which were present in the country, were discovered. The most important contribution of ONGC, however, is its self-reliance and development of core competence in E&P activities at a globally competitive level. Today, Oil and Natural Gas Corporation Ltd. (ONGC) is, the leader in Exploration & Production (E&P) activities in India contributing 72 per cent to India’s total production of crude oil and 48 per cent of natural gas. ONGC’s quest for energy goes deeper than setting new benchmarks in deep-water drilling in the Krishna Godavari Basin or finding new frontiers of energy. Global decline in crude prices notwithstanding, we have taken significant investment decisions diligently and aggressively, reversing the production trend in offshore. And now we are venturing into deeper offshore plays in our quest for energy security. It is this journey that has placed us among FortuneWorld’s Most Admired Companies” and ranked us 3rd in the E&P industry globally on the Platts Top 250 Rankings 2014. This footage is part of the professionally-shot broadcast stock footage archive of Wilderness Films India Ltd., the largest collection of HD imagery from South Asia. The collection comprises of 150, 000+ hours of high quality broadcast imagery, mostly shot on HDCAM / SR 1080i High Definition, Alexa, SR, XDCAM and 4K. Write to us for licensing this footage on a broadcast format, for use in your production! We are happy to be commissioned to film for you or else provide you with broadcast crewing and production solutions across South Asia. We pride ourselves in bringing the best of India and South Asia to the world... Please subscribe to our channel wildfilmsindia on Youtube for a steady stream of videos from across India. Also, visit and enjoy your journey across India at www.clipahoy.com , India's first video-based social networking experience! Reach us at rupindang [at] gmail [dot] com and admin@wildfilmsindia.com To SUBSCRIBE click the below link: www.youtube.com/subscription_center?add_user=WildFilmsIndia Like & Follow Us on: Facebook: www.facebook.com/WildernessFilmsIndiaLimited Website: www.wildfilmsindia.com
https://wn.com/Ongc_Oil_And_Natural_Gas_Commission_Of_India
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