What segment includes the process of locating oil and gas reservoirs by conducting surveys and studies, and by drilling wells?
A) Exploration
B) Conversion
C) Refining
D) Transportation
Answer: A
Explanation: A) Correct. Exploration is the upstream process of locating oil and gas reservoirs by conducting surveys and studies, and by drilling wells.
B) Incorrect. Exploration is the upstream process of locating oil and gas reservoirs by conducting surveys and studies, and by drilling wells.
C) Incorrect. Refining (downstream sector) is the process of purifying a crude substance into other products, such as petroleum being separated into gasoline, kerosene, gas, and heavy oil.
D) Incorrect. Transportation (midstream sector) is the oil and gas industry segment responsible for storing, marketing, and moving petroleum from wells to processing facilities and finished products to consumers.
You might also like to view...
The ____________________ is used in cases where dimensions are so large that it is impractical to show or perform the measurement in millimeters.
Fill in the blank(s) with the appropriate word(s).
Given the graph below, the marginal rate of technical substitution over the range AB is equal to ________ while the marginal rate of technical substitution over range BD is equal to ________.
Pipe threads are standardized by the A.N.S. A.N.S. stands for ____.
A. All Nominal Standard B. American National Standard C. All New Steel D. Apparent Nominal Standard
The electric drive system consists of a motor, a pulley, a rigid belt, and a stage. The motor moves the stage in either direction. Explain the motion of the system and the power flow using the four-quadrant drive concept.
