askvity

How is Petroleum Acquired?

Published in Petroleum Acquisition 3 mins read

Petroleum is acquired through various methods, including specialized techniques like hydraulic fracturing to extract oil from dense rock formations.

Petroleum, commonly known as crude oil, is a naturally occurring fossil fuel found beneath the Earth's surface. Acquiring it involves locating reserves and then extracting the liquid using different technologies depending on the geological formation.

Key Acquisition Methods

Historically, petroleum was primarily extracted from conventional reservoirs where oil and gas flowed relatively easily into wells. However, with technological advancements, methods have been developed to access unconventional reserves trapped in less permeable rocks.

One significant technique for acquiring petroleum from these challenging reservoirs is hydraulic fracturing.

  • Hydraulic Fracturing Explained:
    • This method is used to access oil and natural gas contained in tiny pores of rock formations.
    • These formations are typically composed of shale, sandstone, and carbonate (limestone).
    • Hydraulic fracturing works by breaking up the rock in these formations.
    • This process creates pathways that allow the trapped oil and natural gas to escape from the rock layers and flow into a well.

Accessing Different Reserves

The approach to acquiring petroleum depends heavily on the type of underground reserve:

  • Conventional Reserves: Oil and gas are found in porous and permeable rock layers capped by impermeable rock. Extraction typically involves drilling wells and using natural pressure or artificial lift methods (like pumps).
  • Unconventional Reserves: These include oil sands, heavy oil, and tight oil/gas trapped in low-permeability rocks like shale. Techniques like hydraulic fracturing (as described above) and horizontal drilling are essential for economic extraction from these sources.

Extraction Process Overview

The overall process for acquiring petroleum involves several stages:

  1. Exploration: Geologists use seismic surveys and other tools to locate potential underground reservoirs.
  2. Drilling: Wells are drilled down to the reservoir layer. This can be vertical or horizontal.
  3. Completion: The well is prepared for production, which might involve installing casing and tubing. For unconventional reserves, this is where techniques like hydraulic fracturing are applied.
  4. Production: Oil and gas flow (or are pumped) up the wellbore to the surface.
  5. Processing: The raw petroleum is transported to processing facilities (like refineries) where it is separated into various usable products.

Understanding the geological context is crucial for determining the most effective and economic way to acquire petroleum from a specific location. Modern acquisition often relies on a combination of advanced drilling techniques and stimulation methods like hydraulic fracturing to maximize recovery, particularly from previously inaccessible unconventional resources.

Related Articles