Professional Documents
Culture Documents
• 2017 was an other strange year that 93 million bbl/d produced but 98 million bbl/d consumed and increasing gap between
consumption and production since 2005
WEIO,2014
Fortune Global 500
2017 2016
• In 2017 there are 8 IOCs in the first 50 of Global Fortune list which makes 16% of the firat 50 is oil companies.
• Despite the price crises in which all the oil companies are affected, in 2016 there are 5 oil companies out of 10 in fortune Global 500
list (%50)
• Before the price crises there are 14 oil companies out of 50 with a mining company which makes 30% of the list is oil companies.
• In 2014, the oil companies were at the top of the list in the first 10
Distribution of Super Giant Fields
Süper Giant: the field whose proven • The majority of the oil is produced from
few of the süper giant fields (~ 40 fields
reserves are exceeding 5 billion barrels holding 500 billion barrel)
• Due to their size, süper giant oil fileds
Giant: the field whose proven recoverable
are easily explored
reserves are exceeding 500 million barrels. • Few more super giant fields might be left
in Alaska and Canada Arctic.
What are the Raw Materials of Energy
• Fossil Fuels
• Coal
• Oil
Oil and Gas
• Natural gas Uranium
• Wind
• Geothermal
• Hydro
• Nuclear Geothermal Hydro
• Uranium
• Thorium
• Biomass
Fossil Fuels
• Fossil fuels are also called hydrocarbon, where it is commonly used for
naturally occuring hydrocarbons
• Can be in gaseous, liquid or solid state
• Gas: natural gas
• Liquid: oil
• Solid: coal
• Chemically, hydrocarbon is composed of combination of Hydrogen, Carbon
and different amounts of trace elements.
• Fossil fuels are nonrenewable resources
• Impurities in fossil fuels are a major source of pollution
• Burning fossil fuels produce large amounts of CO2, which contributes to global
warming
Natural Gas Oil Coal
How These Energy Raw Materials Are Explored?
• Petroleum word is derived from Greek language Petra “rock” and Latin language Oleum “oil”
• Chemically and physically it has many varieties.
• Color can be yellow, green, khaki, brown and black.
• Specific gravity of light oil < specific gravity of water and specific gravity of heavy oil > specific gravity
of water.
• The quality of oil is being evaluated by API index. High API shows lower density and quality of oil is
increasing, Low API shows higher density and quality of oil is decresing.
• Light oil API> 30o, Medium oil API between 20o – 30o , Heavy Oil API < 20o
• The lighest known oil (Russian) has a specific gravity of 0.650 gr/cm3 and the heaviest known oil
(Mexican) has specific gravity of 1.080 gr/cm3
What is the Primary Material For Oil?
KEROGENE
Diagenesis
Shallow depths
Normal temperature and pressure
Product: CH4, CO2, H2O
• O amount lowers down
• H and C amount increases
Categenesis
Deep depths
Increasing temperature and pressure
Product: petroleum & gas
• H and C amount decreases
Metagenesis
Metamorphism
High temperature and pressure
Product: Grafitte only C remains
Licencing
• Licences are done by the Petroleum Authority of the Country.
• They can be hundered km2 to hundered thousand km2.
• Usually in immature Countries licence at thousand or hundered thousand km2 where in mature
Countires the licences are mostly hundered km2 in area.
2234km2
Geological Evaluation of Petroleum System
Gas
Cap
Oil
Entrapment
Accumulation Water Seal Rock
Reservoir
Rock
Migration
120° F
Source Rock
350° F
Generation
24803
Seismic Aquisition and Seismic Interpretation
• Data collection on land • Seismic Aquisition on Land
•Dynamite source
• Seismic processing creating profiles along aquised lines
•Vibroseis
• Seismic interpretation • Seismic Aquisiton Offshore
•Vessels
• Structral mapping and prospect delineation
1 2 3
Viebroseis
Viebroseis
Dynamite Shot Gather
5 6
LOG Interpretation
• Drilling site prepation Few hundereds
• Well desing of million $ are
• Drilling rig spent during
exploration
• Well testing and logging
stage. But this
• Evaluation is at sole risk of
• Discovery investor.
DST Tool
DST Chart
Developing The Oil Field And Production
• The average amount of time needed to extract
and market oil is between 3-10 years.
• Development stage is the most expensive stage
as drilling of production wells are going parallel
with the surface facility.
• A lot of technical work and huge amount money
needed during the development stage.
•Transportation of oil and gas through a •Transporting of oil and on ships •Natural gas is carried that has been
pipe with pumping stations responsible designed for the bulk transfer of oil converted to liquid form. You can have
for to maintain the pressure in the pipe •Crude tankers move large amounts of 1/600th volume of natural gas in order to
needed for the transport of the oil or crude oils to refineries easily store and transport
gas •Crude tankers were being used since •It can be transported by spherically
•Pipelines can cross deserts, forests, designed cryogenic sea vessels or
1863, ofcourse a lot in design had been
cryal zones and seas cryogenic road tankers
changed
•You need to have a liquifaction and
•Pipelines cross countries so to •Avarage life cycle for an crude tanker is regassifaction surface facilities at the
construct a pipeline many contracts and 10 years and costs below or above selling and buying points. So you are not
host goverment agreements are urgent hundered million $ according to DWT as much as free on the destination as
•The hardest and major task in pipeline •You have to clean the tanker each time shipping but you are more free than
is to get the contracts and agreements you change the crude location pipelines on destination.
done before technical work; as so many •You are free for the route. You don’t •From the destination to the market after
partners are included in have to carry the Cargo to the same regassification a pipeline is needed to the
•You can not change destination, the direction every time. You can change end buyer
selling point and the buying point is buyer and seller destinations •This is the only way to carry natural gas
fixed and limited with the supply via sea transport.
around the starting point and demand •It is most feasible if you have a gas field
by the end point. remote from the land and also remote
•Total of 3.5 million km of pipeline in from the markets
120 countries of the World (2014) •There are 15 LNG exporting countries and
•190.905 km of pipeline is planned and 17LNG importing countries on World
underconstruction •6 new LNG plants will come in to market
•There are many contracts and
agreements running in one LNG project
Refinery
Demand and chemical properties of supply determines the refinery capacity
•Tires
•Gasoline
•Deodorant,
•parfume
•MP3 player
•Football
•Diapers
•Jet Fuel
•Artificial heart
•Aspirin
•Shampoo
•Synthetic fibres
•Lipstick
Before Hubbert, 1956
• Hubbert Peak Theory: on any geopgraphy, all the fields existing on Earth will draw
bell-shaped curve. Also percentage of finding giant fields will draw bell shaped
curve.(Hubbert, M.K., 1956, American Petroleum Ins.)
After Hubbert, 2005
• In 2015 the global production was 92 million bbl/d and consumption was 95 million bbl/d
• In 2017 the global production was 93 million bbl/d and consumption was 98 million bbl/d
After Hubbert, 2008
Hydrocarbon
Discovery Economical
Limit
Cummulative
Value
Cummulative
cost
Income
Exploration success %
Avarage Field Size, mmbo
Years
W. Knox D’Arcy
Masjeed Süleyman Discovery
• According to the reports written during 1890s, todays Iran was claimed to have prolific oil reserves.
• W. K. D’Arcy an investor was able to see these reports so he decided to invest in the area into the oil business.
• 1901 D’Arcy Concession was signed between D’Arcy and Iran Şah Muzaffer Al Din for a duration of 60 years
including exploration, transportation and selling of oil in all of the territories of Iran. Şah obtained 20.000£ (~
1.9 milyon £) cash plus 20.000£ equivalent share in the company and %16 from profit.
• 1908 an enormous discovery was made at Masjeed Suleyman and 1909 Anglo Persian Oil (APOC) was
established.
• 1913 Abadan Refinery was established by APOC and retained the biggest refinery on Earth for about 50 years.
Churchill 1913
• Partners in TPC signed an agreement binding all partners called a “self denial clause” that prohibited any of its
shareholders from independently exploring oil in the ex-Ottoman Empire territory.
• It marked the creation of an oil monopoly, including a vast territory.
• This cartel was preceded by OPEC after three decades in 1960.
• Gulbenkyan, draw a red line on a map of the Middle East demarcating the boundaries of the area where the self
denial clause would be in effect. He said this was the boundary of Ottoman Empire he knew in 1914.
• Kuwait was excluded as it was meant to be a preserved for British.
• Except for Gulbenkyan, the other partners were the supermajor oil companies of today.
The Demand for Oil and Petroleum Clubs 1950s
• The demand for oil increased between 1914-1918 during the 1st World War.
• In 1920s BP, Chevron, Exxon, Texaco, Gulf, Mobil and Shell were pulling the head in oil business and
named as “7 sisters”.
• In 1930s Aramco “The Arabian-American Oil Co” was founded by the JV of Chevron, Texaco, Mobil and
Exxon.
• By the 2nd World War the demand for oil increased too much and the oil became the only single
commodity traded on the World today.
• In 1960s OPEC was founded. The ¾ of the reserves of the World belongs to OPEC countries and most
of them are located in Middle East. The aim of the OPEC was to control the IOCs by controlling price and
power of oil.
• In 1973 the first economic crises rising from oil effected the World too much
• Tritium
• Rare form of H isotope with atomic mass of 3 (1 proton 2 neutron)
• Primary function is to boost the yield of both fission and thermonuclear weapons
• Medical diagnostics and sign illumination
• Produced in fission reactors and high energy accelerators by bombarding lithium
• Decays in 12.5 years
• US produced 225 kg since 1955 and now decayed to 75 kg
• Deuterium
• Stable, normally occurring isotope of H with an atomic mass of 2 (1 proton 1
neutron)
• 1D/ 5000H found in nature
• Also called heavy H
• In thermonuclear bombs D is fused with Tritium to release energy
Nuclear Materials_cont
U Nuclear Weapon
Pu
U production of
World 2015
Nuclear Materials_cont
Tritium
• NPP uses heat generated from nuclear reaction –fission- in a contained environment to convert water to steam and
electricity is generated from the steam
• In 2015 there are 453 reactors where 16 are shut down.
• Also there are 78 reactors under construction on world
Nuclear Power Generation
Advantages Disadvantages
• Less green house emission than coal which • U mining is the one of the most CO2 intensive
also contains radioactive minerals and operation
emits them into the atmosphere when • Security problem from violent and illegal use
burnt
• Transportation and power generation are
• Long term fuel source with nuclear fuel target for terrorist attacks
recycling • Enriched U can be nuclear weapon
• 1GWh energy needs 7300 tones of U • Age of NPP is 35-40 years due to natural
• 1GWh energy needs 5200 tones of coal fatigue of material
• Most of NPP built in 1970s and 1980s are
• 1GWh energy needs 17500bbl oil= 2400 going through safety updates that is
tones of oil expensive
• 1GWh energy needs 101000 Mcf natural • Low Level radiation is harmful for health
gas= 2500 tones of natural gas
• An average NPP has about 16 billion curies at
• NPP doesn’t emit CO2, its core which equals to 1000 Hiroshima
bombs
• Waste product depleted U should be
completely eliminated with 4th generation PP
Nuclear Fuel Cycle
• U-238 and thorium can be separated from spent uranium and thorium fuels in
reprocessing plants
• The spent fuel consist of %1 U-235, %95 U-238, %1plutonium and 53 fission products
• Although NPP produce relatively small volumes of wastes compared to other PP, safe
management of these spent fuels are difficult and creates serious problems to the
countries using nuclear power as they are extremely hazardous.
Fuel Cycle
• Open cycle : spent fuel is not reprocessed but
kept in storage as disposal waste
• Closed Fuel cycle: spent fuel is reprocessed and
the residual U and Plutonium are separated
from waste products. Both U and plutonium can
be recycled into new fuel elements for use in
thermal and fast reactors
• Mining, conversion, enrichment, fuel fabrication
and reprocessing are the major steps in fuel
cycle
Open Fuel Cycle
• Concerns about the safety, cost, and liability have slowed the growth of the nuclear
power industry
• Accidents at Chernobyl and Three Mile Island showed that a partial or complete
meltdown is possible, Fukishima accident showed that nothing can stay against the
nature.
Three Mile Island
• March 28, 1979, a reactor near Harrisburg, Pennsylvania lost coolant water
because of mechanical and human errors and suffered a partial meltdown
• Failure stared in the non nuclear secondary system fallowed by a stuck –
open pilot operated relief valve in the primary system which allowed the
large amount of nuclear reactor coolant to escape
• Result of inadequate training and human factor
• 50,000 people evacuated & another 50,000 fled area
• Unknown amounts of radioactive materials released
• Partial cleanup & damages cost $1.2 billion
• Clean up started in August 1979 and finished in December 1993
• Released radiation increased cancer rates.
www.bio.miami.edu/beck/esc101/Chapter14
&15.ppt
Chernobyl
• April 26, 1986, reactor explosion in USSR (today
Ukraine) flung radioactive debris into atmosphere
• Occurred during the late night safety test which
simulated a station black out poer failure and
which delibaretely turned off the safety system
• Water flushed into the steam generating and a
destructive steam explosion and subsequent open
air graphite fire
• The resulting fire sent weeks long plums of highly
radioactive fallout into the atmosphere over and
extensive geological area and according to post
Soviet data about 60% of the fallout landed in
Belarussia
• Health ministry reported 3,576 deaths
• Green Peace estimates 32,000 deaths;
• About 400,000 people were forced to leave their
homes
• ~160,000 sq km (62,00 sq mi) contaminated
• > Half million people exposed to dangerous levels
of radioactivity
• Cost of incident > $358 billion
Fukhisma Accident
• 11 March 2011, just after the earthquake
(magnitude 9 and created 15m high tsunami
waves after 50 minutes) the active reactors
automatically shutdown their sustained
fission reaction
• However, the tsunami disabled the
emergency generators that would have
provided power to control and operate the
pumps necessary to cool the reactors.
• insufficient cooling led to three nuclear
meltdowns, hydrogen-air explosions, and the
release of radioactive material in Units 1, 2,
and 3 from 12 March to 15 March.
• Loss of cooling also caused the pool for
storing spent fuel from Reactor 4 to overheat
on 15 March due to the decay heat from the
fuel
• 470.000 people evcuated from the area
affected
• 187 billion $ for compensation
Nuclear Numbers
WORLD** 2,490 447 392,335 56 60,570 160 165,317 351 401,895 65,014
TWh No. MWe No. MWe No. MWe No. MWe tonnes U
NUCLEAR
REACTORS REACTORS UNDER URANIUM
ELECTRICITY ON ORDER or PLANNED PROPOSED
OPERABLE CONSTRUCTION REQUIRED
GENERATION
Japan 17.5 42 39,952 2 2756 9 12947 3 4145 662
WNA,2016 ZEY,2016
ZEY,2016
WNA,2016
• Australia has the most economic U reserves as most of the reserves can be extracted
below 80$/kgU cost
• Canada, and Kazakhstan, Brazil and South Africa reserves are mostly under the RAR of
80$/kgU cost
Nuclear Reactors Of the World
Şekil 5:
WNA,2016 ZEY,2016
• There are 447 nuclear reactors operating on earth
• US has the highest number of operating reactors with 99 and constructing 4 more and planning 40 more
• Russia has 35 operating reactors but planning to increase 7+ 48
• France is generating 98% of its electricity from 58 reactors
• China is also using 35 reactors and constructing 22 with 176 new reactors are being planned
Uranium Demand
WNA,2016
ZEY,2016
ZEY,2016
Government
73500 66000 169000 195000
expenditure