A Brief History of Oil ......................................................................... 7
From biblical times…….............................................................................................................7
Setting the scene......................................................................................................................8
IOCs and NOCs.......................................................................................................................12
The IOC Sisters – 100 years in the making .............................................................................13
The International Oil Companies .............................................................................................14
The IOCs Compared ........................................................................ 17
The major NOCs .....................................................................................................................20
OPEC................................................................................................. 23
A brief history..........................................................................................................................23
How does OPEC work? ..........................................................................................................24
Why is OPEC able to influence prices?...................................................................................25
What price does OPEC want?.................................................................................................26
The OPEC basket ....................................................................................................................27
What is the western IOCs’ exposure to OPEC?......................................................................27
In the beginning ….. ........................................................................ 28
A brief summary .....................................................................................................................28
Geologic time and rock record................................................................................................29
Basic geology..........................................................................................................................30
Hunting for sand…..................................................................................................................32
Working hydrocarbon system.................................................................................................34
Source rocks ...........................................................................................................................36
Migration.................................................................................................................................38
Reservoir quality .....................................................................................................................39
The trap and seal.....................................................................................................................41
Reservoir volumetrics .............................................................................................................43
Getting it out.................................................................................... 44
The Life Cycle of a Basin.........................................................................................................44
Field Operations......................................................................................................................49
Land Seismic...........................................................................................................................49
Offshore seismic.....................................................................................................................51
Assessing risk and reward ......................................................................................................53
Field Operations - Drilling........................................................................................................54
Directional wells......................................................................................................................58
Land and offshore rigs ............................................................................................................58
Drilling day rates .....................................................................................................................60
Field Operations - Evaluation ..................................................................................................62
Field Operations - Development .............................................................................................66
Onshore – oil is usually straight-forward….............................................................................66
Offshore – as usual, deeper is tougher ...................................................................................67
Extending the field life ............................................................................................................69
Recovery factors .....................................................................................................................70
Primary recovery .....................................................................................................................70
Depositional controls on recovery factor ................................................................................71
Secondary recovery… waterflood...........................................................................................72
Tertiary recovery techniques...................................................................................................72
Oil Services – What are they and where do they fit? ..............................................................73
Oil & Gas reserves ........................................................................... 76
A cautionary tale .....................................................................................................................76
A company’s lifeblood ............................................................................................................76
SEC Reserves – Proven developed and proven undeveloped. ...............................................77
SPE definitions - Proven, probable and possible.....................................................................80
DB的深度报告---关于oil的长达423页的报告~非常值得一阅~~~~~~~~~~~~~~~
因有字数限制，所以未将目录完全上传~