Summary of Weekly Petroleum Data for the Week Ending April 25‚ 2014 U.S. crude oil refinery inputs averaged 16.0 million barrels per day during the week ending April 25‚ 2014‚ 26‚000 barrels per day less than the previous week’s average. Refineries operated at 91.0% of their operable capacity last week. Gasoline production decreased last week‚ averaging over 8.6 million barrels per day. Distillate fuel production decreased last week‚ averaging over 4.9 million barrels per day. U.S. crude oil
Premium Petroleum Oil refinery Gasoline
a fine-grained‚ amorphous organic matter. It is not soluble to normal petroleum solvents‚ like carbon disulfide. Its chemical composition is 75% C‚ 10% H‚ 15% other (sulfur‚ oxygen‚ nitrogen‚ etc.). It is very important in the formation of hydrocarbons because it is what generates oil and gas. Source rocks must contain significant amounts of kerogen. Asphalt: Asphalt is a solid at surface temperatures. It is soluble to petroleum solvents. It is produced by the partial maturation of kerogen or the
Premium Petroleum Hydrocarbon Natural gas
Background Company overview British Petroleum (BP) is the world largest retailer of gasoline in the United States. It ranks at the top of three global oil and gas industry. From the corporate watch website (2009)‚ it pointed out that almost 70% of the profits are gained from the US and Europe. In addition‚ BP is also devoted for aviation fuels and shipping aspects. It is reported that about 900 ports and more than 1400 airports have been supplied by the BP’s lubricants and fuels. Meanwhile
Premium Petroleum
Kohat-Potwar Oil and Gas Exploration and Production The first oil well drilled in present-day Pakistan was at Kundal on the Potwar Plateau in 1866. The first commercial oil discovery was made in the Greater Indus Basin in 1914 when the Attock Oil Company completed a 214 ft well on a thrust-faulted anticline near Khaur on the Potwar Plateau (Khan and others‚ 1986). Early success in the Kohat-Potwar geologic province served to focus much of the early exploration activity in that area. The Sui
Premium Petroleum Natural gas Petroleum geology
Drilling Fluids Physical Properties of Mud PETE 101 Introduction to Petroleum Engineering Submitted to: Dr. Shirish Patil Petroleum Engineering Department University of Alaska Fairbanks By: Me Abstract Drilling fluid (mud) is a mixture of water or oil‚ or emulsion base ‚ clay‚ weighing material and some chemicals. The combination of mud may vary according to the changes in formation. Drilling fluid plays essential role in drilling process. For this experiment we
Premium Viscosity Drilling rig
School of Petroleum Engineering Design Project for Petroleum Engineers PTRL 3022 Group Report Mass & Energy Balances Group 3 Done by; Student No; Khalid Al-Abadi 3392461 Ahmed Al-Suleimani 3389102 Munther Al-Kalbani 3389087 Due date: 29/ 8/ 2012 Contents 1. Executive summary 2 2. Introduction 3 3. GOSP diagram 4 4. Gas Fractionation diagram 5 5. Three phase separation
Premium Petroleum Water Chemical engineering
prices soar (to more than $55 a barrel in 2004)‚ thus causing industry rebound. Higher prices have reached most of the industry producers‚ refiners‚ pipeline companies‚ equipment makers‚ oil field service providers‚ and gas station operators - which have all enjoyed new profits. Leading the charge are the world ’s largest integrated oil companies: Exxon Mobil‚ BP‚ and Royal Dutch/Shell (Yahoo Finance‚ Industry Profile). British Petroleum (BP) is of one of the world ’s largest energy companies‚ providing
Premium Corporate social responsibility Sustainability Exxon Valdez oil spill
I. Introduction 3 II. What is petroleum? 3-4 III. Source Rock: 4-7 a. Formation of Petroleum in the Source Rocks b. Types of source rocks c. Migration of petroleum 4. Reservoir: 7-11 1. Formation of the Reservoir 2. Types of Reservoir 3. Its main properties 4. The relation between
Premium Petroleum geology Natural gas Sedimentary rock
PROJECT Oligopolies and Monopolistic Competition - Grifols/Talecris Merger Rhonda D. Smith-Payne AIU Online Contributing Group Members: Rhonda D. Smith-Payne Non-Contributing Group Members: Ashley Battle‚ Latonia Jenkins‚ Betty Johnson‚ Crystal Williams Abstract The purpose of this report is to assess the impact of mergers on industry‚ on consumers‚ and on society as a whole and more specifically‚ the Grifols/Talecris Merger in the plasma-derived pharmaceutical industry. A complete
Premium Federal Trade Commission Monopoly Mergers and acquisitions
British Petroleum British Petroleum is a company‚ which focuses mainly on petroleum‚ but has some interest in alternative energy. It is one of the world largest oil and gas companies‚ which serves over 13 million consumers in more than 100 countries. The market of alternative energy is not as well developed‚ nor as profitable as oil‚ but it is a good future investment with the recently raising environmental concerns. BP recognized this on time and entered the solar market in the year of 1973.( History
Premium Petroleum