Exploration And Production Of Petroleum

Believe it or not, oil has been a big deal in america.Ever since the colonization up to today. The early American Colonist used oil for lamp propellant and for oiling machines. On August 28 of the year 1859, the Pennsylvania Rock Oil company, before renaming to Seneca Oil Company, first struck oil in the colonies in Titusville, Pennsylvania. The owner of the Seneca Oil company was Colonel Edwin Drake. He called himself a colonel to impress. Edwin Drake was not a real colonel. “He was called “Crazy Drake” because he wasted more than 40,000 dollars from investor’s and his own in a research, that didn’t give results until a year or more after.” Edwin Drake made it possible for the use of a drilling rig on a well successfully. The Seneca Oil produced

In Beaumont, Texas they had started to drill at around October 27, 1900 and before they started drilling again some of them lost hope because they had been drilling for a long time and didn't find anything. They had been drilling for over two months and drilled down above 1000 feet below the ground. When they had returned from their christmas break they started drilling and they heard a “a noise like a cannon” and natural gas was spraying out of the hole. There was so much oil that it could fill up more than 100,000 barrels a day. Texas has been impacted a lot today because they have so much oil in abundance. That is the reason why their gas prices are low and trading is

In 2010, BP’s Deepwater Horizon rig exploded, causing millions of barrels of crude oil to be leaked out into the Gulf of Mexico. The extensive oil spill created a lot of pollution and far-reaching effects on the tourism industry. The resultant damage to marine wildlife such as fish will continue to be felt for many years to come. Weeks after the event, and while it was still in progress, the Deep Water Horizon oil spill was being discussed as a disaster that will impact global economies, markets, and mining policies. The potential consequences included structural shifts in energy policy, insurance marketplaces and risk assessment, and financial liabilities to be incurred by BP. The law that affected the operation of BP’s business was the Clean Water Act, which regulates the discharge of pollutants in US’s waters (EPA, 2008). Following the oil spill, regulations have been put in place to regulate oil drilling operations. The Obama administration proposed new regulations on offshore oil and gas drilling. The regulation focused on oil and gas drilling companies to use stronger blowout Preventers that have the capability to close an offshore well in case a drilling breach occurred accidentally.

In the 1900s drove 15,000 oil companies when they first discovered oil in the spindletop texas.There were a lot of benefits of this discovery like higher pay for a lot of the workers, Better football teams and better growth in a lot of their universities. There were a lot of disadvantages to this discovery like in ector texas was 23 times the amount of the national average. Oil was the only way for the future with entrepreneurs showing up all over the U.S region.This discovery changed texas future for ever.

In the beginning of the 20th century Texas discovered a major economic game changer. In January of 1901 in Spindletop, Texas oil was discovered in the form of a 100-foot geyser. Little did Texans know that their lives and economic situation would be changed forever. Right after the discovery most of the early profits made from oil went to easterners. When the 1920’s came around oil became a major economic engine. Causing major social changes in job opportunities, education, marriage, and sports.

Oil has been an important resource of energy in America “since the discovery of the Spindletop geyser in 1901. It drove huge growth in the oil industry in America. Within a year, more than 1,500 oil companies had been chartered, and oil became the dominant fuel of the 20th century and an integral part of the American economy” (History.com Staff). This had developed the construction of pipelines to move the oil within the country and offshore in coastal waters. Recently, the federal government approved the construction of a new pipeline that would be transporting crude oil from North Dakota to Illinois.

On January 10, 1901, a huge geyser of oil exploded from a drilling site at Spindle top Hill, by an underground salt deposit located near Beaumont in Jefferson County, southeastern Texas. Reaching a height of more than 150 feet, the “gusher” was more powerful than any previously seen in the world. A booming oil industry soon grew up around the oil field at Spindle top, and many of the major oil companies in America.

On August 28, 1859, George Bissell and Edwin L. Drake found oil in oil creek Pennsylvania. Oil did not become popular (or a major industry) until the late 1800’s. It was still a great improvement and (in today's time) one of the most important advancements all-time It is important because most everything that is in the world requires oil in order to run properly. Oil fuel our airplanes, cars, and trucks, to heat our homes, and to make products like medicines and plastics. It pollutes our environment. It causes danger to plants and animals d spilled. When the oil spilled n the sea, it caused tremendous danger to the sea animals. Oil helps because after being distilled it causes tarry residue which helps road surfacing, and for roofing. When

Americans have been drilling for oil for more than half of their existence. Before the 1850’s oil was of little use and had no market for commerce as there was not one overwhelming use for it. Until around the 1850’s, when technology advanced, with it sparking search for one of the most sought after natural resources that countries would later go to war over, petroleum oil. Early inventions like the kerosene lamp provided a new stable home necessity to live by, increasing the demand for crude oil. This would be met in part by Colonel Edwin Drake, who drilled the first successful oil well in 1858. While Drake’s invention for extracting crude oil from the ground would bring about a new era for industrialization, his “black gold” would bring about an even larger effect, the environmental disasters caused by man. For over one hundred and fifty years of drilling for oil, both on shore and offshore, has led to some of the worst catastrophes to both nature and mankind. While many of these catastrophes have led to the deaths of hundreds of crew members, they have also led to long lasting effects on the environment, local and national economies, legislation, regulations, and human morale. These following effects can be seen in the most recent and most contaminated marine oil spill in history. To the media and public it’s known as the British Petroleum offshore drilling oil spill in 2010.

The Oil Pollution Act was established in 1990 in response to the Exxon Valdez oil spill in March 1989. The Oil Pollution Act placed the Federal Government in charge of management and control of oil spills, control of containment, removal and clean up efforts. This law holds who ever is deemed responsible for the oil spill to pay for the damages, containment, and clean up of the oil spill. In accordance with OPA90, an oil spill must be reported to the Federal Government. Upon reporting the oil spill to the government, BP reported that the well was leaking 1,000 barrels a day when it was discharging upwards of 40,000 barrels a day. Every deep-water drilling company is required to have what is called a contingency plan. A contingency plan

America must wean itself off of dependence on foreign oil, and one valid solution to this problem is offshore oil drilling and production. America’s economy is heavily based on petroleum, as though it is the nation’s blood; a necessity for survival. About 25% of oil produced in the U.S. comes from offshore rigs. Most of the U.S. coastline has been off limits for oil drilling since the early 1980s. Due to environmental concerns after an oil spill off the coast of California in 1969, an offshore drilling moratorium was imposed. Since then, the U.S. has amplified its energy consumption to where it uses nearly 25% of the world's oil. Meanwhile, the U.S. produces about 10% of the world's oil. That has made the U.S. heavily reliant on imported

The issue of whether offshore oil drilling is a safe operation or not has been arguing for a long time in the United States. ( SPE International, N.D.) Drilling on water started in early 1930s in Louisiana by shallow-draft barges. Nevertheless, the first oil well on water was drilled in 9th of September, 1947 by Kerr-McGee’s unit Tender Assist Drilling (TAD) in the Gulf of Mexico (SPE International, N.D.). A year after year, oil companies used more and more sophisticated equipment to drill on water, but the number of spilled accidents has been rising since 1964 (Ivanovich, and Hays, 2008). After all, while

The oil and gas industries involve a high amount of documentation for both transportation as well as extraction and field services. Activities are highly regulated, and subject to oversight from Federal Energy Regulatory Commission (FERC), the Department of Transportation (DoT), the Environmental Protection Agency (EPA), and the Department of the Interior (DoI). That said, the process of regulation is trending toward a more digitized system, with organizations like FERC having their own submission portals that implement a “fill-in-the-blank” platform to complete forms. However, not all forms have yet been converted to digital submission even in agencies with online portals, and other agencies still remain reliant on

Deepwater Horizon oil Spill: BP’s drilling platform in the Gulf of Mexico had an explosion in April 2010, causing the “largest oil spill catastrophe in the petroleum industry history”. It caused the death of 11 men and injury to several others. “More than 150,000 barrels of crude oil gushed into the sea, every day, for almost 5 months and up to 68,000 square miles of the Gulf 's surface were covered” (1).

Since the past few decades, owning a car has become a necessity in order to commute from one place to another. However, cars do not work automatically, they require fuel. Since the past decade, the petroleum industry has become one of the leading industries impacting the nation’s economy. Oil has become an essential commodity as it is utilized in transportation vehicles, serves as a raw material for manufacturing plastics, and is utilized in homes for cooking. America’s economy is greatly dependent on petroleum as it is the “black gold” of the nation. The considerable significance of oil has led to the drilling of it, which is not only limited to land, but also the oceans. Offshore drilling is a method in which petroleum is extracted from underneath the seabed. It is one of the significant technological advancements in the past few decades. However, the ones who are involved in the process of offshore oil production are humans, and humans tend to make mistakes. In 1969, due to a human error, an oil spill occurred and natural gas, oil, and mud shot up the well and oozed into the ocean (“Offshore Drilling”). The oil spilled led to an environmental disaster which killed thousands of marine animals and distorted the environment. In order to prevent the same error, the government passed a moratorium in 1981, banning more than 85 percent of the country’s oil drilling sites (“Offshore Drilling”). The moratorium restricted the United States to mass-produce its natural resource.