Crude oil and natural gas are the major sources of fuel used to supply energy for various needs. Users of crude oil and natural gas must take into account that these energy sources are, without doubt, non-renewable depleting resources, and the cost of extraction depends not only on the current rate of production but also on the amount of cumulative production. In fact, many pundits believe projections that the world is rapidly apprpaching a precipice, after which crude oil and natural gas will no longer be in ready supply.
This phenomenon has given rise to the peak oil theory – peak oil is the point in time when the maximum rate of petroleum recovery from the reservoir is reached, after which the rate of petroleum production enters terminal decline. From this concept has emerged the wider concept of the peak energy theory which, as it is related to the availability of all fossil fuels, is also subject to decline with fossil fuel use.
This text, written by two of the world's most well-known, respected, and prolific writers in the energy industry, is a fascinating study of our world's energy needs and the future of the multi-source energy supply on this planet. Whether oil and gas, wind, solar, geothermal, or even nuclear, all sources of energy have their limits, and we, as scientists, engineers, and consumers of energy need to be knowledgeable on these topics. This book is a must-have for any engineer, student, scientist, or even layperson interested in energy and the idea of energy sustainability on planet Earth.
An A-Z list of raw materials and their properties are presented along with a commentary regarding their cost and availability. Specific processing operations described in the book include: distillation, thermal cracking and coking, catalytic methods, hydroprocesses, thermal and catalytic reforming, isomerization, alkylation processes, polymerization processes, solvent processes, water removal, fractionation and acid gas removal.Flow diagrams and descriptions of more than 250 leading-edge process technologiesAn analysis of chemical reactions and process steps that are required to produce chemicals from various raw materialsProperties, availability and environmental impact of various raw materials used in hydrocarbon processing
Whether open on your desk, on the hood of your truck at the well, or on an offshore platform, this is the only book available that covers the petroleum engineer’s rules of thumb that have been compiled over decades. Some of these “rules,” until now, have been “unspoken but everyone knows,” while others are meant to help guide the engineer through some of the more recent breakthroughs in the industry’s technology, such as hydraulic fracturing and enhanced oil recovery.
The book covers every aspect of crude oil, natural gas, refining, recovery, and any other area of petroleum engineering that is useful for the engineer to know or to be able to refer to, offering practical solutions to everyday engineering problems and a comprehensive reference work that will stand the test of time and provide aid to its readers. If there is only one reference work you buy in petroleum engineering, this is it.
The book's main focus is primarily on the equipment and processes used in exploring new resources; evaluating promising formations; drilling wells; managing oil and gas production; converting oil and gas into products; and transporting oil and gas. Separate chapters address the evolution and current structure of the petroleum industry; oil and gas trading; and challenges likely to face the oil and gas industry in coming years.
Three appendices define key industry terminology; suggest further reading on selected topics; and identify organizations that can provide more information.