Oil Megaprojects
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Oil Megaprojects
Oil megaprojects are large oil field projects. Summary of megaprojects Megaprojects predicted for individual years Application to oil supply forecasting A series of project tabulations and analyses by Chris Skrebowski, editor of ''Petroleum Review'', have presented a more pessimistic picture of future oil supply. In a 2004 report, based on an analysis of new projects over , he argued that although ample supply might be available in the near-term, after 2007 "the volumes of new production for this period are well below likely requirements." By 2006, although "the outlook for future supply appears somewhat brighter than even six months ago", nonetheless, if "all the factors reducing new capacity come into play, markets will remain tight and prices high. Only if new capacity flows into the system rather more rapidly than of late, will there be any chance of rebuilding spare capacity and softening prices." The smallest fields, even in aggregate, do not contribute a large fractio ...
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Oil Field
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence of high heat and pressure in the Earth's crust. Petroleum reservoirs are broadly classified as ''conventional'' and '' unconventional'' reservoirs. In conventional reservoirs, the naturally occurring hydrocarbons, such as crude oil or natural gas, are trapped by overlying rock formations with lower permeability, while in unconventional reservoirs, the rocks have high porosity and low permeability, which keeps the hydrocarbons trapped in place, therefore not requiring a cap rock. Reservoirs are found using hydrocarbon exploration methods. Oil field An oil field is an area of accumulation of liquid oil underground in multiple (potentially linked) reservoirs, trapped as it rises by impermeable rock formations. In industrial terms, an o ...
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Oil Megaprojects (2016)
This page summarizes projects that propose to bring more than of new liquid fuel capacity to market with the first production of fuel beginning in 2016. This is part of the Wikipedia summary of Oil Megaprojects. Quick links to other years Detailed list of projects for 2016 Terminology * Year Startup: year of first oil. put specific date if available. * Operator: company undertaking the project. * Area: onshore (LAND), offshore (OFF), offshore deep water (ODW), tar sands (TAR). * Type: liquid category (i.e. Natural Gas Liquids, Natural gas condensate, Crude oil) * Grade: oil quality (light, medium, heavy, sour) or API gravity * 2P resvs: 2P (proven + probable) oil reserves in giga barrels (Gb). * GOR: The ratio of produced gas to produced oil, commonly abbreviated GOR. * Peak year: year of the production plateau/peak. * Peak: maximum production expected (thousand barrels/day). * Discovery: year of discovery. * Capital investment: expected capital cost; FID (Final Investment ...
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List Of Russian Megaprojects
The economy of Russia has gradually transformed from a planned economy into a mixed economy, mixed Market economy, market-oriented economy. —Rosefielde, Steven, and Natalia Vennikova. “Fiscal Federalism in Russia: A Critique of the OECD Proposals.” Cambridge Journal of Economics, vol. 28, no. 2, Oxford University Press, 2004, pp. 307–18, . —Robinson, Neil. “August 1998 and the Development of Russia’s Post-Communist Political Economy.” Review of International Political Economy, vol. 16, no. 3, Taylor & Francis, Ltd., 2009, pp. 433–55, . —Charap, Samuel. “No Obituaries Yet for Capitalism in Russia.” Current History, vol. 108, no. 720, University of California Press, 2009, pp. 333–38, . —Rutland, Peter. “Neoliberalism and the Russian Transition.” Review of International Political Economy, vol. 20, no. 2, Taylor & Francis, Ltd., 2013, pp. 332–62, . —Kovalev, Alexandre, and Alexandre Sokalev. “Russia: Towards a Market Economy.” New Zealand I ...
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Giant Oil And Gas Fields
The world's 932 giant oil and gas fields are considered those with of ultimately recoverable oil or gas equivalent. Geoscientists believe these giants account for 40 percent of the world's petroleum reserves. They are clustered in 27 regions of the world, with the largest clusters in the Persian Gulf and Western Siberian basin. The past three decades reflect declines in discoveries of giant fields. The years 2000–11 reflect an upturn in discoveries and appears on track to be the third best decade for discovery of giant oil and gas fields in the 150-year history of modern oil and gas exploration. Recent work in tracking giant oil and gas fields follows the earlier efforts of the late exploration geologist Michel T. Halbouty, who tracked trends in giant discoveries from the 1960s to 2004. Tectonic settings Geophysicists and exploration geologists who look for oil and gas fields classify the subsurface characteristics, or tectonic setting, of geological structures that contai ...
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Energy Law
Energy laws govern the use and taxation of energy, both renewable energy, renewable and non-renewable energy, non-renewable. These laws are the primary authority, primary authorities (such as caselaw, statutes, rules, regulations and edicts) related to energy. In contrast, energy policy refers to the policy and politics of energy. Energy law includes the legal provision for oil, gasoline, and "extraction taxes." The practice of energy law includes contracts for siting, extraction, licenses for the acquisition and property law, ownership rights in oil and natural gas, gas both under the soil before discovery and after its rule of capture, capture, and adjudication regarding those rights. Renewable energy law International law There is a growing academic interest in international energy law, including continuing legal education seminars, treatises, law reviews, and graduate courses. In the same line, there has been growing interest on energy-specific issues and their partic ...
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Cambridge Energy Research Associates
Cambridge Energy Research Associates (CERA) is a consulting company in the United States that specializes in advising governments and private companies on energy markets, geopolitics, industry trends, and strategy. CERA has research and consulting staff across the globe and covers the oil, gas, power, and coal markets worldwide. The company was founded in 1983 by Pulitzer Prize winning author Daniel Yergin, James Rosenfield and Joseph Stanislaw. Comprising experts from many fields within the energy industry, CERA was acquired by IHS Energy in 2004. In 2009 it modified its name to IHS Cambridge Energy Research Associates (IHS CERA) as part of the IHS brand integration in which name changes also took place for other endorsed brands under IHS, including IHS Jane's, IHS Global Insight, IHS EViews, and IHS Herold. CERAWeek Some of the company's largest clients include international energy companies, energy consumers, governments, utilities, technology companies, and financial institut ...
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List Of Largest Oil Fields
This list of oil fields includes some major oil fields of the past and present. The list is incomplete; there are more than 25,000 oil and gas fields of all sizes in the world. However, 94% of known oil is concentrated in fewer than 1500 giant and major fields. Most of the world's largest oilfields are located in the Middle East, but there are also supergiant (>10 billion bbls) oilfields in Brazil, Mexico, Venezuela, Kazakhstan, and Russia. Amounts listed below, in billions of barrels, are the estimated ultimate recoverable petroleum resources (proved reserves plus cumulative production), given historical production and current extraction technology. Oil shale reserves (perhaps ) and coal reserves, both of which can be converted to liquid petroleum, are not included in this chart. Other non-conventional liquid fuel sources are similarly excluded from this list. Oil fields greater than {, class="wikitable sortable" ! Field !! Location !! Discovered !! Started production !! ...
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Chris Skrebowski
Chris Skrebowski is a well-known commentator on the oil industry and an expert on global oil supply. He is the founding Director of Peak Oil Consulting and consulting editor for '' Petroleum Review'', the magazine of the UK Energy Institute. Skrebowski is also a founding member of the Association for the Study of Peak Oil and Gas (ASPO) and sits on the board of the Oil Depletion Analysis Centre (ODAC). He is a Fellow of the Energy Institute and advises the All Party Parliamentary Group on Peak Oil and Gas (APPGOPO). Initially sceptical about peak oil predictions, he was persuaded by Colin Campbell of the unreliability of oil reserves data and the risks this posed to energy supply projections. His insight was to recognise that future production flows, rather than oil reserves, were the key determinant of global oil supply. Consequently, he developed Peak Flow Analysis based on the future oil flows identified in his own Global Oil Megaprojects Database. Using this methodology he ...
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Oil Discoveries And Volume Per Decade
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaion'') ...
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Oil Megaprojects (2020)
This page summarizes projects that propose to bring more than of new liquid fuel capacity to market with the first production of fuel beginning in 2020. This is part of the Wikipedia summary of Oil Megaprojects Oil megaprojects are large oil field projects. Summary of megaprojects Megaprojects predicted for individual years Application to oil supply forecasting A series of project tabulations and analyses by Chris Skrebowski, editor of ''Petroleum .... Quick links to other years Detailed list of projects for 2020 References {{Reflist, 2 Oil megaprojects Oil fields Proposed energy projects 2020 in technology ...
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Oil Megaprojects (2019)
This page summarizes projects that propose to bring more than of new liquid fuel capacity to market with the first production of fuel beginning in 2019. This is part of the Wikipedia summary of Oil Megaprojects Oil megaprojects are large oil field projects. Summary of megaprojects Megaprojects predicted for individual years Application to oil supply forecasting A series of project tabulations and analyses by Chris Skrebowski, editor of ''Petroleum .... Quick links to other years Detailed list of projects for 2019 References {{Reflist, 22. Chevron Sanctions Anchor Project in the Deepwater U.S. Gulf of Mexico Oil megaprojects Oil fields Proposed energy projects 2019 in technology ...
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Oil Megaprojects (2018)
This page summarizes projects that propose to bring more than of new liquid fuel capacity to market with the first production of fuel beginning in 2018. This is part of the Wikipedia summary of Oil Megaprojects Oil megaprojects are large oil field projects. Summary of megaprojects Megaprojects predicted for individual years Application to oil supply forecasting A series of project tabulations and analyses by Chris Skrebowski, editor of ''Petroleum .... Quick links to other years Detailed list of projects for 2018 References {{Reflist, 2 Oil megaprojects Oil fields Proposed energy projects 2018 in technology ...
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