Houston Geological Society

1
AAPG Petroleum Basics

• Distributed by
• The Houston Geological Society
• Academic Liaison Committee

2
Petroleum Products
A Barrel of Crude Oil Provides
American Petroleum Institute, 1999
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What is Petroleum?

• Petroleum a natural, yellow-to-black,
  flammable, liquid hydrocarbon found beneath the
  earths surface
• Hydrocarbon an organic compound made up of
  carbon and hydrogen atoms

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Population-Driven Energy Demand
World Primary Energy Consumption (Quadrillion BTU)
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Energy Usage 1750-2000
An Energy Dependent Society
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Projected World Energy Supplies
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Global Oil and Gas Fields
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Global Undiscovered Potential Accessibility to
Western Oil Companies
Eastern Bloc Qatar, Vietnam Yemen
The recent opening to exploration of previously
inaccessible areas has created a window of
opportunity which has never been equaled before
and likely will never be seen again.
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US HydrocarbonOccurrenceLargest 25 Oil
Fieldsby Ultimate Recovery
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Impact of Integrated Reservoir Management
Neogene Deltaic Reservoir
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Largest Hydrocarbon Basins by Ultimate Potential
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Seismic Imaging of Anticline
American Petroleum Institute, 1986
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Seismic Image of Anticline
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Anticlinal Theory
Petroleum Accumulates in Structural Closure
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Petroleum System Processes
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USA Average Wellhead Oil Price
Oil Price (1996 Dollars/Barrel)
Year
U.S. Department of Energy, 1996
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Regular Gas Price
1920-82 Leaded, 1982-94 Unleaded
American Petroleum Institute, 1999
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Regular Gas Price
1920-82 Leaded, 1982-94 Unleaded
American Petroleum Institute, 1999
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Cost of Drilling Rigs
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More Efficient Energy Use
Only 12 of Wellhead Oil Energy Potential
isActually Driving a Cars Wheels
Source Mobil Technology Company
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1998 Oil Price Forecasts Nine Organizations
U.S. Department of Energy, 1998
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Directional Drilling Avoids Surface Hazards
American Petroleum Institute, 1986
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Wells Drilled in the USA
American Petroleum Institute, 1994
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US Domestic Production
American Petroleum Institute, 1999