|
Montrose Oil Field
The Montrose oil field is a significant crude oil producing field in the UK sector of the central North Sea, 210 km east of Aberdeen. Production of oil started in 1976 and a major upgrade in 2016 extended the field life to beyond 2030. The field The Montrose oil field is located in Blocks 22/17 and 22/18 of the UK North Sea. It is named after the Scottish east coast town of Montrose. The field was discovered in November 1971 and is a Palaeocene sandstone at a depth of 8,000 feet (2,438 m). The reservoir has the following characteristics: Owners and operators The field was originally licensed to a joint venture comprising Amoco UK Petroleum Limited (30.77%), Enterprise Oil plc (30.77%), Amerada Hess Exploration Ltd (23.00%), and Texas Eastern (UK) Ltd (15.38%). The field was originally operated by Amoco (UK) Exploration Company. Ownership of the Montrose field passed from Amoco to BP to Paladin Resources, until Talisman Energy took over, then in 2012 Talisman formed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Montrose Alpha
Montrose may refer to: Places Scotland * Montrose, Angus (the original after which all others ultimately named or derived) ** Montrose Academy, the secondary school in Montrose Australia *Montrose, Queensland (Southern Downs Region), a locality in the Southern Downs Region *Montrose, Queensland (Western Downs Region), a locality in the Western Downs Region *Montrose, Tasmania, a suburb of Hobart * Montrose, Victoria, a suburb of Melbourne Canada * Montrose, British Columbia * Montrose (Edmonton), neighbourhood in Edmonton, Alberta * Rural Municipality of Montrose No. 315, Saskatchewan * Montrose, Nova Scotia Republic of Ireland * Montrose, Dublin, an area where the national television station RTÉ broadcasts from; use of the term "Montrose" often metonymically refers to RTÉ and not the area United States * Montrose, Alabama * Montrose, Arkansas * Montrose, California * Montrose, Colorado * Montrose County, Colorado * Montrose, Georgia * Montrose, Illinois * Montrose, Iowa * Mon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North Sea
The North Sea lies between Great Britain, Norway, Denmark, Germany, the Netherlands and Belgium. An epeiric sea on the European continental shelf, it connects to the Atlantic Ocean through the English Channel in the south and the Norwegian Sea in the north. It is more than long and wide, covering . It hosts key north European shipping lanes and is a major fishery. The coast is a popular destination for recreation and tourism in bordering countries, and a rich source of energy resources, including wind and wave power. The North Sea has featured prominently in geopolitical and military affairs, particularly in Northern Europe, from the Middle Ages to the modern era. It was also important globally through the power northern Europeans projected worldwide during much of the Middle Ages and into the modern era. The North Sea was the centre of the Vikings' rise. The Hanseatic League, the Dutch Republic, and the British each sought to gain command of the North Sea and access ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Montrose, Angus
Montrose ( , gd, Monadh Rois) is a town and former royal burgh in Angus, Scotland. Situated north of Dundee and south of Aberdeen, Montrose lies between the mouths of the North and South Esk rivers. It is the northernmost coastal town in Angus and developed as a natural harbour that traded in skins, hides, and cured salmon in medieval times. With a population of approximately 12,000, the town functions as a port, but the major employer is GlaxoSmithKline, which was saved from closure in 2006. The skyline of Montrose is dominated by the steeple (architecture), steeple of Montrose Old and St Andrew's Church, Old and St Andrew's Church, designed by James Gillespie Graham and built between 1832 and 1834. Montrose is a town with a wealth of architecture, and is a centre for international trade. It is an important commercial port for the oil and gas industry. It is known for its wide thoroughfare and high street, which leads to picturesque closes containing secluded gardens. The to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paleocene
The Paleocene, ( ) or Palaeocene, is a geological epoch that lasted from about 66 to 56 million years ago (mya). It is the first epoch of the Paleogene Period in the modern Cenozoic Era. The name is a combination of the Ancient Greek ''palaiós'' meaning "old" and the Eocene Epoch (which succeeds the Paleocene), translating to "the old part of the Eocene". The epoch is bracketed by two major events in Earth's history. The K–Pg extinction event, brought on by an asteroid impact and possibly volcanism, marked the beginning of the Paleocene and killed off 75% of living species, most famously the non-avian dinosaurs. The end of the epoch was marked by the Paleocene–Eocene Thermal Maximum (PETM), which was a major climatic event wherein about 2,500–4,500 gigatons of carbon were released into the atmosphere and ocean systems, causing a spike in global temperatures and ocean acidification. In the Paleocene, the continents of the Northern Hemisphere were still connected v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Water Injection (oil Production)
In the oil industry, waterflooding or water injection is where water is injected into the oil reservoir, to maintain the pressure (also known as voidage replacement), or to drive oil towards the wells, and thereby increase production. Water injection wells may be located on- and offshore, to increase oil recovery from an existing reservoir. Normally only 30% of the oil in a reservoir can be extracted, but water injection increases the recovery (known as the recovery factor) and maintains the production rate of a reservoir over a longer period. Waterflooding began accidentally in Pithole, Pennsylvania by 1865. Waterflooding became common in Pennsylvania in the 1880s. Sources of injection water Most sources of bulk water can be used for injection. The following sources of water are used for recovery of oil: Produced water is often used as an injection fluid. This reduces the potential of causing formation damage due to incompatible fluids, although the risk of scaling or cor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stranded Asset
Stranded assets are "assets that have suffered from unanticipated or premature write-downs, devaluations or conversion to liabilities". Stranded assets can be caused by a variety of factors and are a phenomenon inherent in the 'creative destruction' of economic growth, transformation and innovation; as such they pose risks to individuals and firms and may have systemic implications.Background Briefing, UNEP Inquiry into the Design of a Sustainable Financial System UNEP. 2014 is expected to cause a significant increase in stranded assets f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barrels Of Oil Equivalent
The barrel of oil equivalent (BOE) is a unit of energy based on the approximate energy released by burning one barrel (, or ) of crude oil. The BOE is used by oil and gas companies in their financial statements as a way of combining oil and natural gas reserves and production into a single measure, although this energy equivalence does not take into account the lower financial value of energy in the form of gas. The U.S. Internal Revenue Service defines a BOE as equal to 5.8 million BTU. (, about HHV">Higher_heating_value.html" ;"title="/nowiki>Higher heating value">HHV/nowiki>, or about .) The value is necessarily approximate as various grades of oil and gas have slightly different heating values. If one considers the lower heating value instead of the higher heating value, the value for one BOE would be approximately 5.4 GJ (see tonne of oil equivalent). Typically or 58 Therm, CCF are equivalent to one BOE. The United States Geological Survey, USGS gives a figure of of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North Sea Oil Fields
North Sea oil is a mixture of hydrocarbons, comprising liquid petroleum and natural gas, produced from petroleum reservoirs beneath the North Sea. In the petroleum industry, the term "North Sea" often includes areas such as the Norwegian Sea and the area known as "West of Shetland", "the Atlantic Frontier" or "the Atlantic Margin" that is not geographically part of the North Sea. Brent crude is still used today as a standard benchmark for pricing oil, although the contract now refers to a blend of oils from fields in the northern North Sea. From the 1960s to 2014 it was reported that 42 billion barrels of oil equivalent (BOE) had been extracted from the North Sea since when production began, and there is still a potential of 24 billion BOE left remaining there, which is equivalent to about 35 years worth of production, the North Sea will remain as an important petroleum reservoir for years to come. History 1851–1963 Commercial extraction of oil on the shores of the North Sea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Fields Of Europe
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''), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
