OPEC and the World's Energy Future offers a complete account of OPEC's past, present, and possible future in relation to economic, political, and technological changes. It focuses on the impacts of recent international political and economic developments and analyzes the factors affecting OPEC as well as the world oil market. Offers readers a thorough understanding of the interplay among international economics, politics, and technological advances and their effect on the world oil market Describes the continued importance of oil and gas as major sources of energy throughout the world Examines OPEC's history and merits, highlights differences among OPEC members, and discusses OPEC's relations with the outside world Illustrates the impact of new technologies and how they may challenge and change the organization in the near and long term Aimed at policy makers, managers, scientists, and technologists in the oil and gas industry, this work offers readers a thorough understanding of the interplay among international economics, politics, and technological advances and their effect on the world oil market.

A vast number of studies have documented the economic and geological effects of oil production, but the impact of boom-and-bust cycles on individuals and communities has received less attention. Boom or Bust remedies this gap by highlighting the personal experiences of those directly affected in an economy dominated by oil and natural gas production. The Permian Basin is one of the largest oil-producing regions in the United States. People who live there have benefited from explosive growth, only to see opportunities vanish with sudden industry downturns. In 2016, the National Endowment for the Humanities funded a grant for the study and collection of energy narratives in this economically volatile region. Boom or Bust derives from that community initiative and offers a unique contribution to the developing field of energy humanities. The oil-field industry may seem to be all about numbers, but as Boom or Bust demonstrates, residents of oil-and-gas country, whether they work in the oil field or not, are at the mercy of an ever-shifting economy. When the price of oil rises, companies move in and newcomers flood the area, expanding the employment force. And as the population booms, so does the infrastructure of cities. When prices drop, though, families must make difficult choices: whether to stay put or follow the oil to another location. With the ensuing declines in population, small businesses close their doors and unemployment levels rise. Despite the inevitable declines and despite the increase in alternative energy resources, many West Texans feel a sense of pride that borders on patriotism. Boom or Bust reveals the full complexity of boomtown culture.

Formally, Plunkett's Energy Industry Almanac, this in-depth reference tool to the energy industry covers everything from major oil companies to independents, utilities, pipelines, coal, LNG, oil field services, refiners and more. It features our famous trends and technologies analysis, and includes statistical tables, a glossary and our unique profiles of The Energy 500 Firms. The energy industry is boiling over with changes. Deregulation, new opportunities in foreign fields and markets, as well as environmental challenges are rushing together head-on to shape the energy and utilities business of the future. Meanwhile China has become a major energy importer and Russia has become a major exporter. Renewable and alternative energy sources are developing quickly, including big investments in wind power and solar power. This exciting new reference book covers everything from major oil companies to electric and gas utilities, plus pipelines, regulatory issues, investments, finance, research and development, refiners, retailers, oil field services and engineering. Petroleum topics include upstream and downstream. Additional topics include coal, natural gas and LNG. Statistical tables cover everything from energy consumption, production and reserves to imports, exports and prices. Next, our unique profiles of the Energy 500 Firms are also included, with such vital details as executive contacts by title, revenues, profits, types of business, Internet addresses, growth plans and more. You'll find a complete overview, industry analysis and market research report in one superb, value-priced package.

Thanks to increasingly extreme forms of oil extraction, Alberta, Saskatchewan, and Newfoundland and Labrador underwent exceptional economic growth from 2005 to 2015. Fossilized investigates the environmental policy trends that supported this development trajectory, such as institutional restructuring that prioritizes extraction over environmental protection, alongside inadequate environmental assessment, land-use planning, and emissions controls. Angela Carter’s detailed analysis situates the policy dynamics of Canada’s largest oil-producing provinces within the historical and global context of late-stage petro-capitalism and deepening neoliberalization. As the global community moves toward decarbonization, Canada's petro-provinces are instead doubling down on oil – to their ecological and economic peril.

Oil and gas companies are continually upgrading drilling and production facilities in response to safety, regulatory, and technology advances, causing the amount of data that an operator must interpret in order to optimize a facility's production to increase exponentially. Trained employees are at premium demand in the field, and companies are willing to pay for skills. However, there are too many skill-specific positions available and too many untrained applicants, and companies within this industry lack the recruiting, training, and experience necessary to train them. Workforce Education at Oil and Gas Companies in the Permian Basin: Emerging Research and Opportunities is an essential scholarly resource that examines changing technical, data analysis, and decision-making skills required of operations or maintenance personnel, as well as expectations for future changes. The book contrasts these needs against a typical oilfield worker's education level and skillset in order to target potential solutions for the challenges that face today's workforce. Highlighting topics such as economic development, oilfield technology, and employee training, this book is geared toward oil and gas workers, training facilitators, education practitioners, industry professionals, academicians, and researchers.

Seismic data must be interpreted using digital signal processing techniques in order to create accurate representations of petroleum reservoirs and the interior structure of the Earth. This book provides an advanced overview of digital signal processing (DSP) and its applications to exploration seismology using real-world examples. The book begins by introducing seismic theory, describing how to identify seismic events in terms of signals and noise, and how to convert seismic data into the language of DSP. Deterministic DSP is then covered, together with non-conventional sampling techniques. The final part covers statistical seismic signal processing via Wiener optimum filtering, deconvolution, linear-prediction filtering and seismic wavelet processing. With over sixty end-of-chapter exercises, seismic data sets and data processing MATLAB codes included, this is an ideal resource for electrical engineering students unfamiliar with seismic data, and for Earth Scientists and petroleum professionals interested in DSP techniques.

What light does nearly twenty-five years of scientific study of the Exxon Valdez oil spill shed on the fate and effects of a spill? How can the results help in assessing future spills? How can ecological risks be assessed and quantified? In this, the first book on the effects of Exxon Valdez in fifteen years, scientists directly involved in studying the spill provide a comprehensive perspective on, and synthesis of, scientific information on long-term spill effects. The coverage is multidisciplinary, with chapters discussing a range of issues including effects on biota, successes and failures of post-spill studies and techniques, and areas of continued disagreement. An even-handed and critical examination of more than two decades of scientific study, this is an invaluable guide for studying future oil spills and, more broadly, for unraveling the consequences of any large environmental disruption. For access to a full bibliography of related publications, follow the resources link at www.cambridge.org/9781107027176.

Identifies good practices for targeting limited financial resources to conduct integrity due diligence checks for extractive sector licensing. Principles contained will help countries to meet EITI beneficial ownership disclosure requirements to improve integrity and transparency in regulatory licensing processes in extractive sectors.

In this lucid and theoretically sophisticated book, G. John Ikenberry focuses on the oil price shocks of 1973-74 and 1979, which placed extraordinary new burdens on governments worldwide and particularly on that of the United States. Reasons of State examines the response of the United States to these and other challenges and identifies both the capacities of the American state to deal with rapid international political and economic change and the limitations that constrain national policy.

A gripping, real-life thriller set in the world of the most important tradeable commodity on earth: oil ________________________ 'A taut thriller ... fast, funny and mean' - Bloomberg 'Glamorous, exciting and true, it's a tale to send the Ocean's Eleven back to bussing tables for tips.' - Arena ________________________ THE TRUE STORY OF A WALL STREET NOVICE WHO CHANGED THE WORLD OF OIL FOREVER Rigged tells the incredible rags-to-riches story of David Russo, an Italian-American upstart from the streets of Brooklyn who claws his way into the wild, frenetic world of the testosterone-laced warrens of the Merc Exchange: an asylum-like oil trading center located in lower Manhattan where billions of dollars trade hands every week, a place where former garbagemen become millionaires overnight and fistfights break out on the trading floor. But the Merc is just the starting place of an adventure that leads David to private yachts in Monte Carlo, the gold-lined hotel palaces of Dubai, and dangerous deals in the back alleys of Beijing. This is the true story of one man's adventure to revolutionize the oil trading industry - and along with it, the world.

Exploration and characterization of conventional and unconventional reservoirs using seismic technologies are among the main activities of upstream technology groups and business units of oil and gas operators. However, these activities frequently encounter difficulties in quantitative seismic interpretation due to remaining confusion and new challenges in the fast developing field of seismic petrophysics. Seismic Petrophysics in Quantitative Interpretation shows how seismic interpretation can be made simple and robust by integration of the rock physics principles with seismic and petrophysical attributes bearing on the properties of both conventional (thickness, net/ gross, lithology, porosity, permeability, and saturation) and unconventional (thickness, lithology, organic richness, thermal maturity) reservoirs. Practical solutions to existing interpretation problems in rock physics-based amplitude versus offset (AVO) analysis and inversion are addressed in the book to streamline the workflows in subsurface characterization. Although the book is aimed at oil and gas industry professionals and academics concerned with utilization of seismic data in petroleum exploration and production, it could also prove helpful for geotechnical and completion engineers and drillers seeking to better understand how seismic and sonic data can be more thoroughly utilized.

Oil and Nation places petroleum at the center of Bolivia's contentious twentieth-century history. Bolivia's oil, Cote argues, instigated the largest war in Latin America in the 1900s, provoked the first nationalization of a major foreign company by a Latin American state, and shaped both the course and the consequences of Bolivia's transformative National Revolution of 1952. Oil and natural gas continue to steer the country under the government of Evo Morales, who renationalized hydrocarbons in 2006 and has used revenues from the sector to reduce poverty and increase infrastructure development in South America's poorest country. The book advances chronologically from Bolivia's earliest petroleum pioneers in the nineteenth century until the present, inserting oil into historical debates about Bolivian ethnic, racial, and environmental issues, and within development strategies by different administrations. While Bolivia is best known for its tin mining, Oil and Nation makes the case that nationalist reformers viewed hydrocarbons and the state oil company as a way to modernize the country away from the tin monoculture and its powerful backers and toward an oil-powered future.

Atmospheric Impacts of the Oil and Gas Industry provides the most up-to-date scientific and technological methods available to quantify oil and gas industry emissions and atmospheric impacts in a manner that is relevant to the development of, compliance with, and enforcement of effective policy and regulations. The book offers a concise survey of these methods to facilitate the implementation of solutions that promote sustainable energy production. Part I covers a technical and descriptive summary of air quality and global change issues relevant to the oil and gas industry, with Part II summarizing state-of-the-art methods pertaining to the analysis and solution of the problems identified in the earlier section. Examples of state-of-the-art methods covered include real-time monitoring with chemical ionization mass spectrometry, drone-mounted mini-lasers and gas cells, tomographic remote sensing, inverse modeling of emissions, 3D fluid, chemical, and transport models, and contemporary control technologies, such as flare minimization, oxidation catalysts, and vapor recovery. In addition, field studies, policy-relevant modeling assessments, and regulatory decisions from multiple geographic regions are presented, providing readers best practices from real world applications.

Beneath Venezuelan soil lies an ocean of crude-the world's largest reserves-an oil patch that shaped the nature of the global energy business. Unfortunately, a dysfunctional anti-American, leftist government controls this vast resource and has used its wealth to foster voter support, ultimately wreaking economic havoc. Crude Nation reveals the ways in which this mismanagement has led to Venezuela's economic ruin and turned the country into a cautionary tale for the world. Raul Gallegos, a former Caracas-based oil correspondent, paints a picture both vivid and analytical of the country's economic decline, the government's foolhardy economic policies, and the wrecked lives of Venezuelans. Without transparency, the Venezuelan government uses oil money to subsidize life for its citizens in myriad unsustainable ways, while regulating nearly every aspect of day-to-day existence in Venezuela. This has created a paradox in which citizens can fill up the tanks of their SUVs for less than one American dollar while simultaneously enduring nationwide shortages of staples such as milk, sugar, and toilet paper. Gallegos's insightful analysis shows how mismanagement has ruined Venezuela again and again over the past century and lays out how Venezuelans can begin to fix their country, a nation that can play an important role in the global energy industry.

Published in Cooperation with the William P. Clements Center for Southwest Studies, Southern Methodist University. Because oil has made fortunes, caused wars, and shaped nations, no one questions the assertion that the quest for oil is a quest for power. The question we should ask, Finding Oil suggests, is rather what kind of power prospectors have wanted. This book revises oil's early history by exploring the incredibly varied stories of the men who pitted themselves against nature to unleash the power of oil. Brian Frehner shows how, despite the towering presence of a figure like John D. Rockefeller as a quintessential "oil man," prospectors were a diverse lot who saw themselves, their interests, and their relationships with nature in profoundly different ways. He traces their various pursuits of power from 1859 to 1920 as a struggle for cultural, intellectual, and professional authority over both nature and their peers. Charting the intersection between human and natural history, their stories trace the ever-evolving relationship between science and industry and reveal the unexpected role geology played in shaping our understanding of the history of oil.

The conventional and modern well test interpretation methods are an important tool in the petroleum engineer's toolkit. Used in the exploration and discovery phase of a field, they are performed to determine the quality of a well or to permit estimation of producing rates at different producing pressures. However once a field enters the middle and later development phase, the reservoir flow environment grows increasingly complex and conventional or modern methods do not satisfy the needs of old field development and evaluation. Based on over 10 years of field and research experience, Streamline Numerical Well Test Interpretation Theory and Method provides an effective method for the determination of residual oil distribution for the middle and mature phases of a field. One of the most advanced books available, the author explains the development history of well test theory, analyzes the limitation of modern well test interpretation method, and proposes the concept and framework of numerical well test. This is quickly followed by an introduction of basic principles and solution procedures of streamline numerical simulation theory and method. The book then systematically applies streamline numerical well test interpretation models to a multitude of reservoir types, ranging from single layer reservoir to multi-layer reservoirs. The book presents multi-parameter streamline numerical well test automatic match interpretation method based on double-population genetic algorithm, which lays the foundation to fast automatic match of numerical well test. The book introduces streamline numerical well test interpretation software with independent intellectual property right which is programmed based on the above theoretical studies.

Russia is among the world's leading oil producers, sitting atop the planet's eighth largest reserves. Like other oil-producing nations, it has been profoundly transformed by the oil industry. In The Depths of Russia, Douglas Rogers offers a nuanced and multifaceted analysis of oil's place in Soviet and Russian life, based on ethnographic fieldwork and archival research in the Perm region of the Urals. Moving beyond models of oil calibrated to capitalist centers and postcolonial "petrostates," Rogers traces the distinctive contours of the socialist-and then postsocialist-oil complex, showing how oil has figured in the making and remaking of space and time, state and corporation, exchange and money, and past and present. He pays special attention to the material properties and transformations of oil (from depth in subsoil deposits to toxicity in refining) and to the ways oil has echoed through a range of cultural registers. The Depths of Russia challenges the common focus on high politics and Kremlin intrigue by considering the role of oil in barter exchanges and surrogate currencies, industry-sponsored social and cultural development initiatives, and the city of Perm's campaign to become a European Capital of Culture. Rogers also situates Soviet and post-Soviet oil in global contexts, showing that many of the forms of state and corporate power that emerged in Russia after socialism are not outliers but very much part of a global family of state-corporate alliances gathered at the intersection of corporate social responsibility, cultural sponsorship, and the energy and extractive industries.

In the 2nd edition of The Acquisition & Divestiture of Petroleum Property, authors Jim Haag & Gene Wiggins have revised and expanded upon the insightful and comprehensive first edition. This book will be of value to anyone who wants to learn the industry standard steps needed to acquire or sell oil and gas property. The book now includes a new format and sections on: The consideration of geology in property analysis The determination of oil and gas reserves quantities by reservior engineering methods The assessments of property value The evaluation of exploratory opportunities The analysis of unconventional resources and reserves Updated market value from recent transactions A review of the challenges to acquire properties outside the U.S. Additional case histories .

Unconventional Oil and Gas Resources Handbook: Evaluation and Development is a must-have, helpful handbook that brings a wealth of information to engineers and geoscientists. Bridging between subsurface and production, the handbook provides engineers and geoscientists with effective methodology to better define resources and reservoirs. Better reservoir knowledge and innovative technologies are making unconventional resources economically possible, and multidisciplinary approaches in evaluating these resources are critical to successful development. Unconventional Oil and Gas Resources Handbook takes this approach, covering a wide range of topics for developing these resources including exploration, evaluation, drilling, completion, and production. Topics include theory, methodology, and case histories and will help to improve the understanding,integrated evaluation, and effective development of unconventional resources.

This encyclopedia presents important research on the Middle East. Some of the topics discussed herein include Iran's ballistic missile and space launch programs; Iran sanctions; politics, governance, and human rights in Iraq; the Israel-Hezbollah conflict; reform, security and U.S. policies of Bahrain, Iran, Iraq, Kuwait, Israel, Jordan, Lebanon, Oman, Palestine, Qatar, Saudi Arabia, Syria, The United Arab Emirates, and Yemen; and security, and U.S. trade and investment in the Middle East and North Africa.

"Oil is a fairy tale, and, like every fairy tale, is a bit of a lie."-Ryzard Kapuscinski, Shah of Shahs The scale and reach of the global oil and gas industry, valued at several trillions of dollars, is almost impossible to grasp. Despite its vast technical expertise and scientific sophistication, the industry betrays a startling degree of inexactitude and empirical disagreement about foundational questions of quantity, output, and price. As an industry typified by concentrated economic and political power, its operations are obscured by secrecy and security. Perhaps it is not surprising, then, that the social sciences typically approach oil as a metonym-of modernity, money, geopolitics, violence, corruption, curse, ur-commodity-rather than considering the daily life of the industry itself and of the hydrocarbons around which it is built. Subterranean Estates gathers an interdisciplinary group of scholars and experts to instead provide a critical topography of the hydrocarbon industry, understood not solely as an assemblage of corporate forms but rather as an expansive and porous network of laborers and technologies, representation and expertise, and the ways of life oil and gas produce at points of extraction, production, marketing, consumption, and combustion. By accounting for oil as empirical and experiential, the contributors begin to demystify a commodity too often given almost demiurgic power. Subterranean Estates shifts critical attention away from an exclusive focus on global oil firms toward often overlooked aspects of the industry, including insurance, finance, law, and the role of consultants and community organizations. Based on ethnographic research from around the world (Equatorial Guinea, Nigeria, Oman, the United States, Ecuador, Chad, the United Kingdom, Kazakhstan, Canada, Iran, and Russia), and featuring a photoessay on the lived experiences of those who inhabit a universe populated by oil rigs, pipelines, and gas flares, this innovative volume provides a new perspective on the material, symbolic, cultural, and social meanings of this multidimensional world.

Since coming to power in 1999, President Hugo Chavez has used the windfall of high oil prices to remake Venezuela internally along the model of twenty-first-century socialism and, even more audaciously, to rewrite global relations by directly challenging U.S. hegemony. The dramatic ascendency of the country in hemispheric and global international relations over the past decade is the subject of Venezuela's Petro-Diplomacy.

Oil and gas engineers today use three main factors in deciding drilling fluids: cost, performance, and environmental impact, making water-based products a much more attractive option. Water-Based Chemicals and Technology for Drilling, Completion, and Workover Fluids effectively delivers all the background and infrastructure needed for an oil and gas engineer to utilize more water-based products that benefit the whole spectrum of the well's life cycle. Helping to mitigate critical well issues such as formation damage, fluid loss control, and borehole repair, more operators demand to know the full selection of water-based products available to consistently keep a peak well performance. This must-have training guide provides the necessary coverage in the area, broken down by type and use, along with an extensive list of supportive materials such as a chemical index of structural formulas and helpful list of references for further reading. In addition to understanding the types, special additives, and chemical compatibilities of the products available, the reader will also learn proper waste disposal techniques, including management of produced water, a component mandatory to hydraulic fracturing operations. Concise and comprehensive, Water-Based Chemicals and Technology for Drilling, Completion, and Workover Fluids details all the necessary educational content and handy references to elevate your well's performance while lowering your environmental impact.