OIL AND GAS REVISTED

What does this image represents

• Upstream

• Downstream

• Midstream

What stream does it represent

• Upstream

• Downstream

• Midstream

There are even highly complex “J” and “S” configurations with numerous branches, or laterals, emanating from the original, or “mother”, hole. : Is this part of ?

• Drilling

• Well

• Rig

• None of the above

is the process of injecting

water, chemicals, and sand into wells.

• Injecting

• Welling

• Hydraulic fracturing

• None of the above

The vast amounts of crude oil and natural gas trapped underground are referred to as ..

• Well

• Reserves

• Unit

• None of the above

where the oil or gas was formed

• Source Rock

• Deep Well

• Reservoir

The upstream segment of the business is also known as the .............

• Production and development

• Transportation and Manufacturing

• exploration and production (E&P) sector.

• None of the above

Three main technologies that have made unconventional

developments profitable include:

• Hydraulic Horizontal Drilling

  Subsea Engineering

  Prodcution Control

• Hydraulic Horizontal Drilling

  Fracturing, or Fracking

  Drilling Engineering

• Hydraulic Horizontal Drilling

  Fracturing, or Fracking

  Subsea Engineering

Upstream Business Characteristics are

• High Risk – High Return, Highly Regulated

• Low Risk – High Return, Highly Regulated

• High Risk – High Return, Low Regulated

What is the missing one ?

• Boiler

• Blowout preventer

• Mudcleaner

• Gas sepeartor