1 / 17

The Quest for Energy

The Quest for Energy. The Petroleum Industry. Discovering and Producing Petroleum. Interpreting the Unseen. Trap Source Charge. Tools - Gravity - Magnetics - Seismic - Wells. Silicon Graphics. Petroleum System Elements.

mae
Download Presentation

The Quest for Energy

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Quest for Energy The Petroleum Industry

  2. Discovering and Producing Petroleum Interpreting the Unseen • Trap • Source • Charge • Tools • - Gravity • - Magnetics • - Seismic - Wells Silicon Graphics

  3. Petroleum System Elements • Source Rock-A rock with abundant hydrocarbon-prone organic matter • Reservoir Rock - A rock in which oil and gas accumulates: - Porosity - space between rock grains in which oil accumulates - Permeability - passage-ways between pores through which oil and gas moves • Seal Rock - A rock through which oil and gas cannot move effectively (such as mudstone and claystone) • Migration Route - Avenues in rock through which oil and gas moves from source rock to trap • Trap- The structural and stratigraphic configuration that focuses oil and gas into an accumulation

  4. Anticline Fault Salt Dome Pinchout Unconformity Hydrocarbon Trap Types American Petroleum Institute, 1986

  5. Gas Oil Water The Basic Trap Petroleum Accumulates in Anticlines

  6. (Impermeable) (Porous/Permeable) Potential Migration Route Petroleum System Elements

  7. Vibrator Truck (Energy Source) Recording Truck Geophone (Receivers) Returning Sound Waves American Petroleum Institute, 1986 Seismic Imaging of Anticline

  8. 1000 Milliseconds 2000 3000 1 km Seismic Image of Anticline

  9. Oil Natural Gas Nuclear Energy Hydroelectricity Coal 8,000 7,000 6,000 5,000 4,000 Million tonnes oil equivalent 3,000 2,000 1,000 0 1970 1972 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 Year World Fuel Consumption: 1970-1994 Cook and Sheath, 1997

  10. Projected W orld Energy Supplies Careers in Oil & Gas Remain Important Hydroelectric Hydroelectric 1993 100 100 100 BILLION Solar , W ind BARRELS Geothermal New Technologies 80 80 World Energy Demand Billion Billion Barrels Barrels Nuclear Electric Coal Coal of Oil of Oil 60 60 Equivalent Equivalent per Y ear per Y ear Natural Natural (GBOE) (GBOE) Gas Gas 40 40 Decreasing Fossil Fuels Crude Oil Crude Oil 20 20 1900 1920 1940 1960 1980 2000 2020 2040 2060 2080 3000 1900 1920 1940 1960 1980 2000 2020 2040 2060 2080 3000 024839-2 after Edwards, 24929 AAPG 8/97 Projected W orld Energy Supplies

  11. Global Oil and Gas Fields Global Exploration Gas Oil

  12. US PetroleumOccurrenceGulf of Mexico is only significant, economicprovince remaining

  13. Age Brackets for Geoscientists Worldwide 300 1975-83 Boom Hiring 255 250 191 200 140 Increasing Retirement 150 Insufficient Replacement 90 100 76 48 50 23 15 3 0 >25 26-29 30-34 35-39 40-44 45-49 50-54 55-59 60+ Age (yrs) Geoscience Demographics in 1998For a Typical Major Oil Company

  14. Global Exploration Global Exploration W. Siberia Sakhalin Caspian GOM including Mexico Vietnam India W. Africa Venezuela Brazil Australia Opportunities for Future Growth

  15. State of the Industry and the Country • Is Iraq and Afganistan about oil? To some extent, yes! • What has been US foreign policy on the Middle East since WWII? • We import a dangerously high percentage of oil • The myth of US energy self-sufficiency: ANWR will only supply our demand for a few months • What happened to alternative fuel research? • New ways to generate energy: hydrogen cells

  16. State of the Industry • Mergers and Takeovers: fewer companies, risk-aversion • Shareholder Influence and the short-term: the Enron phenomenon and corporate behavior • Reliance on computers: what happens when the network goes down? • The productivity revolution: lay-offs and getting by with fewer employees but doing fine • The demographics of few students entering petroleum programs in universities

  17. Relatively cheap energy • Global warming and sea-level change: combustion (CO2) is a problem regardless of global warming • Car pollution: SUV’s and suburban commuting • We will run out of water before fuel • Fisheries and the environment: we are beyond the threshold • Overpopulation and food supply • The oil industry’s record on the environment • The cost of gasoline in the US vs. the rest of the world

More Related