Oil Reserves In Mexico
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Oil Reserves In Mexico
As of 2007, the proven oil reserves in Mexico were . The US Energy Information Administration estimated Mexican proved reserves to be as of 2013. Production Mexico was the seventh-largest oil producer in the world as of 2006, producing of petroleum products, of which was crude oil. Mexican oil production has started to decline rapidly. The U.S. Energy Information Administration had estimated that Mexican production of petroleum products would decline to in 2007 and in 2008. Mexican crude oil production fell in 2007, and was below by the start of 2008. In mid-2008, Pemex said that it would try to keep crude oil production above for the rest of the year. Mexican authorities expected the decline to continue in future, and were pessimistic that it could be raised back to previous levels even with foreign investment. The constitution of Mexico gives the state oil company, Pemex, exclusive rights over oil production, and the Mexican government treats Pemex as a major sourc ...
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Oil Reserves
An oil is any chemical polarity, nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobe, hydrophobic (does not mix with water) and lipophilicity, lipophilic (mixes with other oils). Oils are usually flammable and surfactant, 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 fats, animal, vegetable oil, vegetable, or petrochemical in origin, and may be Volatility (chemistry), 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 ...
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Heavy Crude Oil
Heavy crude oil (or extra heavy crude oil) is highly viscous oil that cannot easily flow from production wells under normal reservoir conditions. It is referred to as "heavy" because its density or specific gravity is higher than that of light crude oil. Heavy crude oil has been defined as any liquid petroleum with an API gravity less than 20°. Physical properties that differ between heavy crude oils and lighter grades include higher viscosity and specific gravity, as well as higher molecular weight hydrocarbon composition. In 2010, the World Energy Council (WEC) defined extra heavy oil as crude oil having a gravity of less than 10° and a reservoir viscosity of more than 10,000 centipoises. When reservoir viscosity measurements are not available, extra-heavy oil is considered by the WEC to have a lower limit of 4° API. In other words, oil with a density greater than 1000 kg/m3 (or a specific gravity greater than 1) and a reservoir viscosity of more than 10,000  ...
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Petroleum In Mexico
Petroleum, also known as crude oil or simply oil, is a naturally occurring, yellowish-black liquid chemical mixture found in geological formations, consisting mainly of hydrocarbons. The term ''petroleum'' refers both to naturally occurring unprocessed crude oil, as well as to petroleum products that consist of refining, refined crude oil. Petroleum is a fossil fuel formed over millions of years from anaerobic decay of organic materials from buried prehistoric life, prehistoric organisms, particularly planktons and algae, and 70% of the world's oil deposits were formed during the Mesozoic. Conventional reserves of petroleum are primarily recovered by oil drilling, drilling, which is done after a study of the relevant structural geology, sedimentary basin analysis, analysis of the sedimentary basin, and reservoir characterization, characterization of the petroleum reservoir. There are also unconventional (oil & gas) reservoir, unconventional reserves such as oil sands and oil sh ...
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