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An Introduction to Petroleum Technology, Economics, and Politics

By James G. Speight
Copyright: 2011   |   Expected Pub Date:August 2011//
ISBN: 9781118012994  |  Hardcover  |  
330 pages
Price: $83.95 USD
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One Line Description
Written by an insider and one of the most well-respected authors in the field of petroleum engineering, this introduction is the perfect primer for both the layperson and the engineer.

Audience
Anyone, scientific and layperson alike, who is interested in the oil and gas industry and how it affects our lives.

Description
There is only one substance known to mankind that can cause wars, influence global economies, and make entire countries rich: petroleum. One teaspoon of the stuff carries enough energy to power a ton truck up a hill. It’s in the news every single day, it influences our lives in ways that we cannot fathom, and it is the most important commodity in the world. But how much does the average person, even the average engineer, know about it?

This book describes the petroleum industry, in easy-to-understand language, for both the layperson and engineer alike. From the economics of searching for oil and gas to the pitfalls of drilling and production, getting it out of the ground, into pipelines, into refineries, and, finally, into your gas tank, this book covers the petroleum industry like no other treatment before. There is coverage of pricing and the economics of this very important resource, as well, which is useful not only to engineers, but to economists and, really, anyone who uses it.

From jet fuel to gasoline to natural gas and plastics, petroleum is one of the integral products of our lives. We are practically bathed it in from birth, our food is protected by it, and it even has healing properties. Learn all about this incredible substance and its fascinating history and highly debated future.


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Author / Editor Details
James G. Speight is a senior fuel consultant and Visiting Professor at the University of Trinidad and Tobago and Adjunct Professor of Chemical and Fuels Engineering at the University of Utah, USA. He is recognized internationally as an expert in the characterization, properties, and processing of conventional and synthetic fuels and as a chemist with more than 35 years of experience in the process industries. He is the author of numerous books and papers, the senior editor on one journal, and he has won numerous awards and distinctions.

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Table of Contents
TABLE OF CONTENTS

Preface

Chapter 1: History and Terminology of Crude Oil
1.1 Historical Perspectives
1.2 Modern Perspectives
1.3 Oil Companies
1.4 Definitions and Terminology
1.4.1. Petroleum
1.4.2. Natural Gas
1.4.3. Heavy Oil
1.4.4. Tar Sand Bitumen
1.5 References

Chapter 2: Origin and Occurrence of Oil
2.1 The Formation of Oil
2.2 Reservoirs
2.2.1 Reservoir Structure
2.2.2 Accumulation in Reservoirs
2.2.3 Distribution of Fluids in the Reservoir
2.2.4 Migration of Reservoir Fluids
2.2.5 Transformation of Petroleum in the Reservoir
2.2.6 Relationship of Petroleum Composition and Properties
2.3 Reservoir Classification
2.3.1 Identification and Quantification
2.4 Reservoir Evaluation
2.4.1 Depletable and Renewable Resources
2.4.2 Development of Resources
2.4.3 New Evaluation Technology
2.5 Estimation of Reserves in Place
2.6 Reserves
2.6.1. Conventional Petroleum
2.6.2. Natural Gas
2.6.3. Heavy Oil
2.6.4 Tar Sand Bitumen
2.7 References

Chapter 3: Exploration, Recovery, and Transportation
3.1 Exploration
3.2 Drilling
3.2.1 Preparing to Drill
3.2.2 The Drilling Rig
3.2.3 Drilling
3.2.4 Well Completion
3.3 Recovery
3.3.1 Primary Recovery (Natural Methods)
3.3.2 Secondary Recovery
3.3.4 Enhanced Oil Recovery
3.4 Bitumen Recovery
3.4.1 Mining Methods
3.4.2 Non-Mining Methods
3.5 Transportation
3.6 Products and Product Quality
3.7 References

Chapter 4: Crude Oil Classification and Benchmarks
4.1 Crude Oil Classification
4.1.1 Classification as a Hydrocarbon Resource
4.1.2 Classification by Chemical Composition
4.1.3 Density and API Gravity
4.1.4 Viscosity
4.1.5 UOP Characterization Factor
4.1.6 Pour Point
4.1.7 Recovery Method
4.2 Classification of Reserves
4.2.1 SPE Standards
4.2.2 SEC Standard
4.2.3 Russian Standards
4.2.4 Miscellaneous Standards
4.3 Benchmark Crude Oils
4.4. References

Chapter 5: The Petroleum Culture
5.1 The Petroleum Culture
5.2 Oil in Perspective
5.2.1 History
5.2.2 The Middle East Emerges
5.2.3 Recent History
5.3 The Seven Sisters
5.4 Government and Oil Industry Reserve Estimates
5.4.1 Historical Variation of Reserve Estimates
5.4.2 Patterns of Use
5.4.3 Energy and the Political Costs of Oil
5.4.5 The Impact of Heavy Oil and Tar Sand Bitumen
5.4.6 Price Swings
5.5 References

Chapter 6: Oil Prices
6.1 Oil Price History
6.2 Pricing Strategies
6.3 The Anatomy of Crude Oil Prices
6.4 The Anatomy of Gasoline Prices
6.6 Effect of Refining Capacity
6.6.1 Refinery Types and Crude Slate
6.6.2 U.S. Refining Capacity
6.6.3 World Refining Capacity
6.6.4 Refining And Refinery Economics
6.6 Outlook
6.7 References

Chapter 7: The Crude Oil Market
7.1 The Crude Oil Market
7.2 Global Oil Consumption
7.3 Refining and the Markets
7.4 Profitability
7.5 References

Chapter 8: Oil Supply Analysis
8.1 Physical Factors
8.2 Technological Factors
8.3 Economic Factors
8.4 Geopolitical Factors
8.5 Peak Oil
8.5.1 Peak Oil Theory
8.5.2 Effects and Consequences of Peak Oil
8.6 Energy Independence
8.7 Energy Security
8.8 References

Chapter 9: The Future
9.1 Undiscovered Oil
9.2 Tar Sand
9.3 Coal
9.4 Oil Shale
9.5 Liquids from Biomass
9.6 Industry Challenges and Opportunities
9.7 References



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BISAC SUBJECT HEADINGS
TEC047000: TECHNOLOGY & ENGINEERING / Petroleum
BUS070040: BUSINESS & ECONOMICS / Industries / Energy
POL044000: POLITICAL SCIENCE / Public Policy / Environmental Policy
 
BIC CODES
THFP: Petroleum Technology
KNBP: Petroleum and oil studies
JP: Politics and government

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Description
BISAC & BIC Codes
Author/Editor Details
Table of Contents
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