The petrochemical industry is still a growing industry. The manufacture of valuable petrochemicals from low-valued petroleum products has been the main attractive option for the refining industry investing in the petrochemical industry. This book have been prepared to provide a holistic working knowledge about petroleum and petrochemical technology. It provides the essential preliminaries for the exploration and production of crude petroleum oil and gas. The contents of this book will be of common interest to engineers in refineries and petrochemical plants.
There has been recognition in the oil and gas and mineral extractive industries for some time that a set of unified common standard definitions is required that can be applied consistently by international financial, regulatory, and reporting entities. This guidelines provides details of the “Petroleum Resources Management System,” globally known as PRMS which has been acknowledged as the oil and gas industry standard. The intent here is not to provide a comprehensive list of all scenarios but furnish sufficient details to provide guidance on how to apply the PRMS.
This is a series intended to introduce geologists to reservoir engineering concepts and their application in the areas of corporate reserve evaluation, production, development, and exploration. Topics covered in the series are COGEH reserve classifications, volumetric estimation, decline analysis, material balance analysis, well test interpretation, Monte Carlo simulation, coalbed methane fundamentals, geological storage of CO2 and reservoir simulation. The format for each article will generally be to introduce the concept(s), discuss the theory, and illustrate its application with an example.