The key economic driver for the Oil Drilling & Gas Extraction Industry, crude oil prices, determines much of its profitability according to supply and demand. Price trends in West Texas Intermediate, a grade of crude oil used as a benchmark in oil pricing, display the growth of its value in the past 3 years and past decade. An average barrel of crude oil grew from $26.18 in 2002 to $61.95 in 2009, $79.48 in 2010, and $94.87 in 2011 (Airlines, 2012). JP Morgan analysts project average annual prices above $99 in upcoming years (Sethuraman, 2012). Such upward growth points to lucrative profits.…
Hydraulic fracturing is a process used in nine out of 10 natural gas wells in the United States, where millions of gallons of water, sand and chemicals are pumped underground to break apart the rock and release the gas. Scientists are worried that the chemicals used in fracturing may pose a threat either underground or when waste fluids are handled and sometimes spilled on the surface. The natural gas industry defends hydraulic fracturing, better known as fracking, as safe and efficient. Thomas J. Pyle, president of the Institute for Energy Research, a pro-industry non-profit organization, claims fracking has been “a widely deployed as safe extraction technique,” dating back to 1949. What he doesn’t say is that until recently energy companies had used low-pressure methods to extract natural gas from fields closer to the surface than the current high-pressure technology that extracts more gas, but uses significantly more water, chemicals, and elements.…
Hydraulic fracturing, which is also known as fracking, is the process of drilling and injecting fluid into the ground at a high pressure in order to fracture shale rocks to relase the natural gas inside. Many believe that fracking should be banned due to the cancerous chemicals that are injected into the shale rocks, which contaminates the water that we drink and runs into our homes.…
I chose Petroleum Engineering, because it is a fascinating field in engineering which helps the community by providing a supply of power in an efficient manner. Additionally, it is a job that is bountiful in Texas and as a plus the pay is amazing.…
Hydraulic fracturing, or “fracking”, is the process of injecting millions of gallons of water into the ground to crack shale rock around a gas well. When the shale rocks around the wells are cracked, it allows natural gas, specifically methane, to flow into the wells. To fracture the shale rock, the water injected into the ground has to be at a very high pressure and is loaded with sand and about 40,000 gallons of 600 different dangerous chemicals. Once the natural gas has flown into the underground well, it can be extracted and stored in tanks above ground to later be used as an energy source.…
The Deepwater Horizon oil spill is considered to be the largest accidental marine oil spill in the history of the petroleum industry. The spill occurred in the Gulf of Mexico on April 20, 2010. The spill was the result of the explosion of the Deepwater Horizon offshore drilling rig. When the rig exploded, it created a sea-floor gusher of oil that flowed freely for three months. It resulted in 11 people killed and 17 others injured. In addition to the injuries and loss of human life, there were detrimental impacts to the environment both long and short term. By the time the leak was capped, there had been 4.9 million barrels of crude oil released. The amount…
Shale gas is natural gas that is found in shale formations. It is becoming increasingly important as major nations are beginning to become involved in this revolution. The gas is rich in petroleum and natural gas. Unlike conventional natural gas, which is in permeable rocks like sandstone, gas cannot flow through the shale. Therefore, just drilling a well isn’t enough to extract this gas. As a result of this, fracking or hydraulic fracturing is used.…
The separation of various components of crude oil in refineries is accomplished primarily by taking advantage of differences in which of the following?…
The task of finding oil is a job that has long belonged to the geologists, whether employed directly by an oil company or under contract from a private firm. Their task is to find the right conditions for oil trap the right source rock, reservoir rock and entrapment. Over hundreds of years ago geologists interpreted surface features, surface rock and soil types, and perhaps some small core samples obtained by shallow drilling. Modern oil geologists also examine surface rocks and terrain; this is done with the assistance of satellite images. A variety of other methods are used, they can use sensitive gravity meters to measure tiny changes in the Earth's gravitational field that could indicate flowing oil, as well as sensitive magnetometers to measure tiny changes in the Earth's magnetic field caused by flowing oil. They are able to detect the smell of hydrocarbons using sensitive electronic noses called sniffers. Most commonly seismology is used, which creates shock waves that pass through unseen rock layers and interpreting the waves that are reflected back to the surface.…
Criticality Analyses (FMECA) for Command, Control, Communications, Computer, Intelligence, Surveillance, and Reconnaissance (C4ISR) Facilities, 29…
Your boss.” This is a statement built off of data. According to the U.S. News and World Report, Texas A&M has the 8th best public engineering undergraduate program, with our petroleum engineering program taking the top spot. In discussions among peers in engineering programs at other schools (especially chemical engineering majors), I have found that Texas A&M’s engineering programs are generally perceived as very comprehensive and highly challenging. One can easily argue that we set the bar for engineering education based on the above information, especially in the Southeastern Conference.…
My immediate goal after obtaining my bachelors degree is to get my masters. With a masters degree, it will provide me the opportunity to take higher courses to finally pursue my career. I believe my future opportunities are endless and I look forward to increase my knowledge through courses and graduate studies at TAMU. With the ever growing petroleum industry in Texas, I believe me and my career field will improve on the lives of many Texans. With my educational background, research experience, and my desire to keep learning, I am capable of handling the challenges my career will bring.…
Engineering has been my passion since very early age. During the childhood, I had been involved in servicing and troubleshooting of various home appliances. I began to incline towards engineering when I heard one of my teachers saying "Everything in universe is engineering, even the rise of sun and flight of birds have some engineering behind."…
FIND A CAREER IN PETROPHYSICS | GREENPEACE’S AYLIFFE VS. FTI’S BLACKMON | GUIDE TO ABU DHABI…
To find oil and natural gas, companies drill through the earth to the deposits deep below the surface. The oil and natural gas are then pumped from below the ground by oil rigs (like…