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Oil Megaprojects
Oil megaprojects are large 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 prese ... projects. Summary of megaprojects Definition of megaproject: 20,000 barrels per day (3,200 m3/d) of new liquid fuel capacity. 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 ag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. Reservoirs are broadly classified as ''conventional'' and '' unconventional'' reservoirs. In conventional reservoirs, the naturally occurring hydrocarbons, such as crude oil (petroleum) 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 accumulated liquid petroleum underground in multiple (potentially linked) reservoirs, trapped as it rises to impermeable rock formations. In industrial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
