Podcast
Questions and Answers
What does the term 'downstream' refer to in the oil and gas industry?
What does the term 'downstream' refer to in the oil and gas industry?
What is the primary purpose of a Blowout Preventer (BOP)?
What is the primary purpose of a Blowout Preventer (BOP)?
How does Enhanced Oil Recovery (EOR) increase the amount of oil extracted from a reservoir?
How does Enhanced Oil Recovery (EOR) increase the amount of oil extracted from a reservoir?
What is the function of a reservoir in the oil and gas industry?
What is the function of a reservoir in the oil and gas industry?
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What is a key characteristic of liquefied natural gas (LNG)?
What is a key characteristic of liquefied natural gas (LNG)?
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What is the purpose of a flare stack in the oil and gas industry?
What is the purpose of a flare stack in the oil and gas industry?
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What does the term 'midstream' refer to in the oil and gas sector?
What does the term 'midstream' refer to in the oil and gas sector?
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What is the purpose of petrophysics in the oil and gas industry?
What is the purpose of petrophysics in the oil and gas industry?
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Study Notes
Oil and Gas Industry Terminology
- Upstream: Exploration and production of crude oil and natural gas.
- Downstream: Refining, distributing, and marketing of usable oil/gas products (fuels, chemicals).
- Midstream: Transportation, storage, and wholesale marketing of oil, gas, and refined products.
- Reservoir: Underground pool of hydrocarbons in porous/fractured rock.
- FPSO (Floating Production Storage and Offloading): Vessel for offshore hydrocarbon processing and storage.
- Blowout Preventer (BOP): High-pressure valve system to prevent oil/gas release during drilling.
- Hydrocarbons: Organic compounds (hydrogen + carbon) basis of oil and gas.
- Drilling Mud: Fluid used in drilling to lubricate, carry cuttings, and stabilize wellbores.
- Enhanced Oil Recovery (EOR): Techniques to extract more oil from a reservoir (e.g., injecting water, gas, chemicals).
- Seismic Survey: Geophysical method using sound waves to map subsurface structures and identify oil/gas reserves.
- Petrophysics: Study of physical and chemical rock properties relating to fluids.
- Flare Stack: Tall structure used to burn excess natural gas, preventing pressure buildup.
- Liquefied Natural Gas (LNG): Natural gas cooled to liquid form for easier storage/transport.
- Pipeline Pigging: Cleaning and inspecting pipelines using special devices (pigs) pushed through the pipes.
- Wellhead: Surface well structure controlling pressure and connecting to pipelines.
- Exploration Block: Designated area with rights to search for oil/gas deposits.
- Depletion: Gradual reduction of reservoir hydrocarbon volume during extraction.
- Cracking: Refining process breaking down large hydrocarbon molecules into smaller, more useful ones (e.g., gasoline).
- Carbon Capture and Storage (CCS): Technology capturing CO2 emissions and storing them underground to reduce greenhouse gases.
- Fracturing (Fracking): Technique for extracting oil/gas from tight rock formations using high-pressure fluid injections.
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Description
Test your knowledge of essential terminology in the oil and gas industry. This quiz covers terms related to upstream, midstream, and downstream processes as well as key technologies and concepts. Perfect for students and professionals looking to sharpen their industry vocabulary.
