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North Sea Oil
North Sea oil is a mixture of hydrocarbons, comprising liquid petroleum and natural gas, produced from petroleum reservoirs beneath the North Sea. In the petroleum industry, the term "North Sea" often includes areas such as the Norwegian Sea and the area known as "West of Shetland", "the Atlantic Frontier" or "the Atlantic Margin" that is not geographically part of the North Sea. Brent crude is still used today as a standard benchmark for pricing oil, although the contract now refers to a blend of oils from fields in the northern North Sea. From the 1960s to 2014 it was reported that 42 billion barrels of oil equivalent (BOE) had been extracted from the North Sea since when production began, and there is still a potential of 24 billion BOE left remaining there, which is equivalent to about 35 years worth of production, the North Sea will remain as an important petroleum reservoir for years to come. History 1851–1963 Commercial extraction of oil on the shores of the North ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North Sea Oil And Gas Fields
North is one of the four compass points or cardinal directions. It is the opposite of south and is perpendicular to east and west. ''North'' is a noun, adjective, or adverb indicating direction or geography. Etymology The word ''north'' is related to the Old High German ''nord'', both descending from the Proto-Indo-European unit *''ner-'', meaning "left; below" as north is to left when facing the rising sun. Similarly, the other cardinal directions are also related to the sun's position. The Latin word ''borealis'' comes from the Greek '' boreas'' "north wind, north", which, according to Ovid, was personified as the wind-god Boreas, the father of Calais and Zetes. ''Septentrionalis'' is from ''septentriones'', "the seven plow oxen", a name of ''Ursa Major''. The Greek ἀρκτικός (''arktikós'') is named for the same constellation, and is the source of the English word ''Arctic''. Other languages have other derivations. For example, in Lezgian, ''kefer'' can mean ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carboniferous
The Carboniferous ( ) is a geologic period and system of the Paleozoic that spans 60 million years from the end of the Devonian Period million years ago ( Mya), to the beginning of the Permian Period, million years ago. The name ''Carboniferous'' means "coal-bearing", from the Latin '' carbō'' ("coal") and '' ferō'' ("bear, carry"), and refers to the many coal beds formed globally during that time. The first of the modern 'system' names, it was coined by geologists William Conybeare and William Phillips in 1822, based on a study of the British rock succession. The Carboniferous is often treated in North America as two geological periods, the earlier Mississippian and the later Pennsylvanian. Terrestrial animal life was well established by the Carboniferous Period. Tetrapods (four limbed vertebrates), which had originated from lobe-finned fish during the preceding Devonian, became pentadactylous in and diversified during the Carboniferous, including early amphibian lin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rotliegend
The Rotliegend, Rotliegend Group or Rotliegendes (german: the underlying red) is a lithostratigraphic unit (a sequence of rock strata) of latest Carboniferous to Guadalupian (middle Permian) age that is found in the subsurface of large areas in western and central Europe. The Rotliegend mainly consists of sandstone layers. It is usually covered by the Zechstein and lies on top of regionally different formations of late Carboniferous age. The name Rotliegend has in the past not only been used to address the rock strata themselves, but also the time span in which they were formed (in which case the Rotliegend was considered a series or subsystem of the Permian). This time span corresponds roughly with the length of the Cisuralian epoch. Facies and formation In large parts of Pangaea, the last phases of the Hercynian orogeny were still ongoing during the start of the Permian. At the same time local crustal extension formed intramontane basins such as the large Permian Basin whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Permian
The Permian ( ) is a geologic period and System (stratigraphy), stratigraphic system which spans 47 million years from the end of the Carboniferous Period million years ago (Mya), to the beginning of the Triassic Period 251.9 Mya. It is the last period of the Paleozoic Era; the following Triassic Period belongs to the Mesozoic Era. The concept of the Permian was introduced in 1841 by geologist Sir Roderick Murchison, who named it after the Perm Governorate, region of Perm in Russia. The Permian witnessed the diversification of the two groups of amniotes, the synapsids and the Sauropsida, sauropsids (reptiles). The world at the time was dominated by the supercontinent Pangaea, which had formed due to the collision of Euramerica and Gondwana during the Carboniferous. Pangaea was surrounded by the superocean Panthalassa. The Carboniferous rainforest collapse left behind vast regions of desert within the continental interior. Amniotes, which could better cope with these drier conditi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conoco
Conoco Inc. ( ) was an American oil and gas company that operated from 1875 until 2002, when it merged with Phillips Petroleum to form ConocoPhillips. Founded by Isaac Elder Blake in 1875 as the "Continental Oil and Transportation Company". Currently the name Conoco is a brand of gasoline and service station in the United States which belongs to Phillips 66 following the spin-off of ConocoPhillips' downstream assets in May 2012. History The "Continental Oil and Transportation Company" was founded by Isaac Elder Blake in 1875. Based in Ogden, Utah, the company distributed oil, kerosene, benzene, and other products in the western United States. Continental Oil Company was acquired by Standard Oil Company in 1884 and was spun off from Standard Oil during the Standard Oil divestiture in 1911. The main office was later moved to Ponca City, Oklahoma, when in 1929, Marland Oil Company (founded by exploration pioneer E. W. Marland) acquired the Continental Oil Company. Marland Oi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sea Gem
''Sea Gem'' was the first British jack-up oil rig, known for its collapse off the coast of Lincolnshire on 27 December 1965, after two of its steel support legs buckled and the rig capsized, resulting in 13 fatalities. Background In the early 1960s, oil companies had found some crude oil in Great Britain, as well as in the Netherlands and Germany, and suspected that there was more to be found under the North Sea. Barriers had to be overcome before it was to be possible to search for oil and gas. There had been no international agreements that addressed the rights to the various minerals and areas outside the limit. Also, the technology required was not yet developed, or had not matured enough to be commercially usable. The main factor was that the oil companies generally did not think that there were significant enough reserves in the North Sea to warrant the usage of resources to search for oil. This situation changed however, when fields such as the Groningen gas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Groningen Gas Field
The Groningen gas field is a natural gas field in Groningen province in the northeastern part of the Netherlands. With an estimated 2,740 billion cubic metres of recoverable natural gas it is the largest natural gas field in Europe and one of the largest in the world. The gas field was discovered in 1959 near Slochteren. The subsequent extraction of the natural gas became central to the energy supply in the Netherlands. Virtually all of the Netherlands was connected to Groningen gas in the following years. Revenue from natural gas production became important in the post-war development and construction of the Dutch welfare state. As of 2013, 2,057 billion cubic metres of natural gas had been extracted from the field. Gas extraction resulted in subsidence above the field. From 1991 this was also accompanied by earthquakes. This led to damage to houses and unrest among residents. It was decided to phase out gas extraction from 2014 onwards. The Groningen gas field is expected to b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rotliegendes
The Rotliegend, Rotliegend Group or Rotliegendes (german: the underlying red) is a lithostratigraphic unit (a sequence of rock strata) of latest Carboniferous to Guadalupian (middle Permian) age that is found in the subsurface of large areas in western and central Europe. The Rotliegend mainly consists of sandstone layers. It is usually covered by the Zechstein and lies on top of regionally different formations of late Carboniferous age. The name Rotliegend has in the past not only been used to address the rock strata themselves, but also the time span in which they were formed (in which case the Rotliegend was considered a series or subsystem of the Permian). This time span corresponds roughly with the length of the Cisuralian epoch. Facies and formation In large parts of Pangaea, the last phases of the Hercynian orogeny were still ongoing during the start of the Permian. At the same time local crustal extension formed intramontane basins such as the large Permian Basin whic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Schoonebeek
Schoonebeek is a village in the Dutch province of Drenthe. It is located in the municipality of Emmen, about 12 km (7 mi) south of that city. Schoonebeek was a separate municipality from 1884 to 1997, when it merged with Emmen. The area is home of the largest onshore oil field in Europe; known as the Schoonebeek oil field. History Schoonebeek is a village which developed on a sandy ridge in the moorland. It was first mentioned in 1341 as "van Sconebeke" and means "brook with clean water". The Saint Nicolas Church was built in 1419, but was demolished in 1951. The economy of the village mainly depended on the exploitation of peat. In 1809, it became part of the municipality of Dalen. In 1840, it was home to 629 people. Schoonebeek became an independent municipality in 1884. In 1943, oil was discovered in the neighbourhood of Schoonebeek. The population successfully sabotaged the wells which prevented the Germans from knowing much oil was underneath the ground. After ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Dutch/Shell
Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New York Stock Exchange. It is one of the oil and gas " supermajors" and by revenue and profits is consistently one of the largest companies in the world. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015. Shell was formed in 1907 through the merger of Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and Trading Company of the United Kingdom. The combined company rapidly became the leading competitor of the American Standard Oil and by 1920 Shell was the largest producer of oil in the world. Shell first entered the chemicals industry in 1929. Shell was one of the " Seven Sisters" whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Petroleum Council
The World Petroleum Council (WPC) is an oil and gas industry forum and international organization representing the petroleum sector worldwide WPC has been called "the world’s premier oil & gas forum since 1933." It is widely recognised to "include the most prestigious national oil and gas companies and agencies of the world" World Petroleum Congress The premier conference that is organized by the World Petroleum Council is called the World Petroleum Congress. Starting in 1933, the congress was held every four years until 1991, with a 14-year hiatus in between 1937 and 1951 because of World War II. After 1991, it was held every three years until the year 2000. There was a move to have it hosted every two years after the 2000 edition, with Rio de Janeiro hosting one in 2002, but the cycle returned to every three years after that. In order to host a congress, there is a bidding process by interested cities for one in a particular year. Note: Due to the onset of COVID-1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gainsborough, Lincolnshire
Gainsborough is a market town, inland port and civil parish in the West Lindsey district of Lincolnshire, England. The town population was 20,842 at the 2011 census, and estimated at 23,243 in 2019. It lies on the east bank of the River Trent, north-west of Lincoln, south-west of Scunthorpe, 20 miles south-east of Doncaster and east of Sheffield. It is England's furthest inland port at over 55 miles (90 km) from the North Sea. History King Alfred, Sweyn Forkbeard and Cnut the Great The place-name Gainsborough first appears in the Anglo-Saxon Chronicle of 1013, as ''Gegnesburh'' and ''Gæignesburh''. In the Domesday Book of 1086 it appears as ''Gainesburg'': Gegn's fortified place. It was one of the capital cities of Mercia in the Anglo-Saxon period that preceded Danish rule. Its choice by the Vikings as an administrative centre was influenced by its proximity to the Danish stronghold at Torksey. In 868 King Alfred married Ealhswith (Ealswitha), daughter of Æ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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