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Petroleum

All You Need to Know About Petroleum

Aerial view oil refinery, refinery plant, refinery factory at night.

Did you ever realize how important energy is for the survival of human life? Just look around, and you will get to know that energy is everything. Consider any activity – it could be big or small. You will know that energy is crucial for the completion of it. Isn’t it amazing that energy has become a source of comfort & entertainment, and through this, everything is made possible in today’s world?

Fuel is the most common source of energy in the world & is considered as the critical aspect of the global economy – they are obtained & refined from natural substances like petrol, diesel and natural gas. The energy produced is used in many basic activities of human life, such as powering vehicles for transport and activating electricity for houses & buildings. Even the richness of the country is determined by the extent of fuel availability, especially if it’s a country well-endowed with petroleum deposits -spectacular, consider it lucky as a rich country!

Let’s talk a little about petroleum. This dark, thick crude oil is found deep beneath the ground in certain areas – especially found under the crust of earth-trapped rocks. Petroleum is extracted by drilling holes in the crust of the earth where its presence is predicted via surveys; then, the oil wells are drilled using drilling rigs. Once it’s drilled – first comes the natural oil with high pressure & secondly comes the petroleum oil triggered by the gas pressure. Once the gas pressure is calmed – here comes the petroleum well pumped out of the oil well. On land, oil can be drilled with an apparatus called an oil rig or drilling rig; offshore, oil is drilled from an oil platform.

Not all oil is accessible on land or in shallow waters. Some oil deposits are buried deep under the ocean floor. Reaching these oil deposits is dangerous, but if done correctly, it can also be rewarding. If things go wrong, however, the results can be deadly both for oil workers and the surrounding environment. Offshore oil (sea-based) production is much more expensive than onshore (land-based) production. Pumps are used to extract oil. In sea-based production – floating platforms are used for drilling in deeper waters, including water depths of 10,000 feet or greater. The vessels are attached to the ocean floor by large cables and anchors. After wells have been drilled from these platforms, production equipment is lowered to the ocean floor. However, offshore petroleum production is required to take precautions to prevent pollution, spills, and significant changes to the ocean environment – Rigs are deployed to withstand hurricanes in offshore environments. An interesting fact is that around 50K offshore oil platforms (Sea oil wells) are in U.S. federal waters & 97% of it is present in the Gulf of Mexico. Most oil rigs have two sets of pumps: mud pumps and extraction pumps. Successful drilling sites can produce oil for about 30 years, although some produce for many more decades. Oil was not always extracted, refined, and used by millions of people as it is today. However, it has always been an important part of many cultures.

An interesting fact is that petroleum oil is the third latest exported product in the world. The world’s largest producer of oil is the United States, accounting for roughly 20% of oil production. The richest region with petroleum in Asia is Saudi Arabia which has 15% of the world’s oil reserves; then Russia, which constitutes 11% of global exports – however, with the invasion of Ukraine by Russia – its energy companies are prohibited from accessing capital markets in European regions – maybe this is why they say that war loves to seek its victims in the young. Canada, Iraq, UAE, Nigeria, Kuwait, Norway & Kazakhstan are other regions that export petroleum.

As mentioned, – Energy is vital for day-to-day needs. Having said such, Petroleum Engineers are important to the world as they design and develop methods for extracting oil and gas from deposits below the Earth’s surface. They work in offices, drilling & well sites – oil export countries consider them a great asset. Interested in becoming a part of energy extraction? Let’s see how you get there!

In general – Petroleum engineers require a major in petroleum engineering or a related field such as well-known mechanical, civil or chemical engineering. Practical experience is crucial in this study – therefore, cooperative education programs can be helpful. The demand for petroleum engineers is also high as nearly 2000+ openings are projected each year, on average, over the decade. There are several branches of petroleum engineering, each specializing in any aspect of the overall process of oil and gas extraction, such as reservoir engineers, drilling engineers, completion engineers & production engineers.

Generally, the median annual salary for a petroleum engineer is nearly $130,0000, and this can be considered a well-paid profession. Some interesting facts about Petroleum engineers are that they are considered vital members of the world workforce because the world relies on oil and gas; if you are a petroleum engineer, you have the luck to see parts of the world – you may find yourself on the West Coast, in the Arctic, in jungles or forests or on rigs in the ocean. If travel interests you, a career in petroleum engineering can allow you to experience the world at no financial cost. Petroleum engineering may be a good career choice for those who enjoy meeting and learning from diverse groups of people. It’s common for petroleum engineers to work with professionals from various backgrounds and professions.

You guys would like to pursue a career in petroleum engineering after considering the perks of this sector. Well – petroleum engineers are expected to undergo four years of schooling and earn a license to practice. Every state requires independently-employed or contracted engineers to be licensed, which validates your expertise and qualifications to employers and clients. Petroleum engineers can earn a certification from the Society of Petroleum Engineers. This will prepare you for leadership roles in the petroleum engineering field. In addition, skills such as teamwork, communication, ability to interpret blueprints, analytical skills and computer-aided skills are required for a successful petroleum engineer.

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