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IKC-MH-27
History of Petroleum(3-0)3

2018-2019 Fall
İzmir
Chapter-01
Introduction to the history of
Dr. Tuna Eren pet r ol eum
28/Sep/2018
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Course Content

Course Content
Week Topics
1 Introduction to the history of petroleum
2 Petroleum (General Information)
3 Hydrocarbon accumulation
4 Petroleum exploration (geological and geochemical)
5 Petroleum exploration (geophysical)
6 Drilling preliminaries
7 Cornerstone concessions
8 Big bang and the growth of the markets (1950-1973)
9 Fixing the crude oil price structure
10 The growth of competition (1950-1970)
11 Enter OPEC: The early years (1960-1968)
12 The Tehran and Tripoli Agreements (1971)
13 The struggle for control (1971-1973)

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References

Textbook
Parra, F. (2004). Oil politics: A modern
1
history of petroleum. IB Tauris.
Additional references
LeMenager, S. (2013). Living oil:
1 Petroleum culture in the American
century. Oxford University Press.
Eni Corporate University, Scuola Enrico
2 Mattei, Hydrocarbons: Origin,
Exploration and Production, 2008.

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History of Oil - Video

History of Oil - Part 1 of 5

https://youtu.be/s_52IcYY8bQ

History of Oil - Part 2 of 5

https://youtu.be/q9cd29Dxfzw

History of Oil - Part 3 of 5

https://youtu.be/nil52OqvwQs

History of Oil - Part 4 of 5

https://youtu.be/Xne3jbYSvs8

History of Oil - Part 5 of 5

https://youtu.be/-te2nOQZSQU

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Abbreviations
ADPC Abu Dhabi Petroleum Company NIOC National Iranian Oil Company
ANS Alaska North Slope NPC National Petroleum Council
Aminoil American Independent Oil Company NGLs natural gas liquids
API American Petroleum Institute NYMEX New York Mercantile Exchange
AIOC Anglo Iranian Oil Company NGO Non-Governmental Organisation
Aramco Arabian American Oil Company OPA Office of Price Administration
AOC Arabian Oil Company OSP Official Sehng Price
ANWR Arctic National Wildhfe Refuge OGJ Oil & Gas Journal
AGIP Azienda Generale di Petrolio OECD Organisation for Economic Co-operation and Development
BPC Basra Petroleum Company OPEC Organization of the Petroleum Exporting Countries
BNOC British National Oil Corporation OCS Outer Continental Shelf
BP British Petroleum Company PDVS A Petroleos de Venezuela S.A.
CALTEX California Texas Oil Company PE Petroleum Economist
CPE Centrally Planned Economy Pirinc Petroleum Industry Research Inc.
CFP Compagnie Francaise des Petroles PIW Petroleum Intekgence Weekly
CIEC Conference on the International Economic Order PPS Petroleum Press Service
ECE Economic Commission for Europe (U.N.) PRT Petroleum Revenue Tax
ECA Economic Cooperation Ahnistration SAG Saudi Arabian Government
EN1 Ente Nazionale Idrocarburi SNPA Socitti Nationale des Pttroles d1Aquitaine
EMF Entreprise de Recherches et d'ActivitCs PCtrolii.res SIRIP Socittt Irano-Italienne des Pttroles
ECSC European Coal and Steel Community SNEA Socittt: Nationale Elf Aquitaine
EC European Communities STANVAC Standard Vacuum Oil Company
EEC European Economic Community SPR Strategic Petroleum Reserve
E&P Exploration and Production (agreements) TIPRO Texas Independent Producers and Royalty Owners Assoc.
FTC Federal Trade Commission TRC Texas Railroad Commission
FSU Former Soviet Union PER Total Primary Energy Requirements
GAO General Accounting Office TAPLINE Trans Arabian Pipeline
GAm General Agreement on Trade and Tariffs TPC Turkish Petroleum Company
GSP Government Selling Price (same as OSP) USMC U.S. Maritime Commission
GCC Gulf Cooperation Council UAE United Arab Emirates
IPEC Independent Petroleum Exporting Countries UNCTAD United Nations Conference for Trade and Development
ICJ International Court of Justice UNIDO United Nations Industrial Development Organisation
IEA International Energy Agency UNRRA United Nations Refugee Relief Association
IPE International Petroleum Exchange WSAG Washington Special Action Group
IPC Iraq Petroleum Company WS Worldscale
JNOC Japan National Oil Corporation
JPDC Japan Petroleum Development Corporation
JPTC Japan Petroleum Trading Company
KOC Kuwait Oil Company
LDC Less Developed Counuy
LNG liquefied natural gas
MEES Middle East Economic Survey
MPC Mosul Petroleum Company
MNC Multinational Corporatio~s
MSA Mutual Security Agency

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Different phases of hydrocarbons

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History of Petroleum

The term PETROLEUM in English means a

natural mixture of hydrocarbons and other
substances in liquid (oil), gaseous (natural gas),
and solid (bitumen and asphalt) phase. In
French and Italian it has more limited meaning,
indicating only the liquid component (oil).

Hydrocarbons have been known for thousands

of years but it was not until just over 150 years
ago that they began to be used on an industrial
scale.

Indeed, it is commonly accepted that the oil

industry was born on 27th August 1859 when
the famous “Colonel” Edwin L. Drake found
ths valuable, dark liquid at a depth of twenty
one metres, in a well drilled to explore for oil
at Titusville (Pennsylvania), USA.
Edwin Laurentine Drake on the
right wearing the top hat (Drake
IKC-MH-27 (History of Petroleum) Well Museum, Pennsylvania). 7
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History of Petroleum

For many centuries European and Asian populations had used this natural product,
petroleum, which in some zones gushed forth directly from the rocks (“petro” from the
Latin for rock) in small fountains or was found on the surface in seeps.

There are many references to oil and its by-products in ancient testimonies of the past
so we will give just a few examples.

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History of Petroleum

Asphalt (natural mixture of semi-solid hydrocarbons) was found in ancient ruins dating
3000 B.C. in Ur city of Mesapotamia, where it was used above all as a binder in the
construction of buildings. The people occupying the rich valleys of the Middle East
(Sumerians, Accadians, Assyrians, Medians and Persians) discovered different uses of oil
pproducts (Fig. 2.6).

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History of Petroleum

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History of Petroleum

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History of Petroleum

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History of Petroleum

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History of Petroleum

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History of Petroleum

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History of Petroleum

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History of Petroleum

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History of Petroleum

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History of Petroleum

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History of Petroleum

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History of Petroleum

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History of Petroleum

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History of Petroleum

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History of Petroleum

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Thanks
Questions
:)

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