Saudi Aramco, officially the Saudi Arabian Oil Company,, is a Saudi Arabian national petroleum and natural gas company based in Dhahran, Saudi Arabia.
Oil sands, also known as tar sands or crude bitumen, or more technically bituminous sands, are a type of unconventional petroleum deposit. Oil sands are either loose sands or partially consolidated sandstone containing a naturally occurring mixture of sand, clay, and water, saturated with a dense and extremely viscous form of petroleum technically referred to as bitumen.
A barrel is one of several units of volume applied in various contexts; there are dry barrels, fluid barrels, oil barrels and so on. For historical reasons the volumes of some barrel units are roughly double the volumes of others; volumes in common usage range from about 100 to 200 litres. In many connections the term "drum" is used almost interchangeably with "barrel".
Sonatrach (Arabic:سوناطراك) is an Algerian government-owned company formed to explore the hydrocarbon resources of the country. It has some concessions in Libya, Mauritania, Peru, Yemen and Venezuela. Its diversified activities cover all aspects of production: exploration, extraction, transport, and refining. It has diversified into petrochemistry and the desalination of seawater.
Petroleum production in Canada is a major industry which is important to the economy of North America. Canada has the third largest oil reserves in the world and is the world's fifth largest oil producer and fourth largest oil exporter. In 2015 it produced an average of 621,610 cubic metres per day (3.9 Mbbl/d) of crude oil and equivalent. Of that amount, 61% was upgraded and non-upgraded bitumen from oil sands, and the remainder light crude oil, heavy crude oil and natural-gas condensate. Most of Canadian petroleum production is exported, approximately 482,525 cubic metres per day (3 Mbbl/d) in 2015, with almost all of the exports going to the United States. Canada is by far the largest single source of oil imports to the United States, providing 43% of US crude oil imports in 2015.
Eugene Island block 330 oil field is an oil field in the United States Exclusive Economic Zone in the Gulf of Mexico. It is located 170 miles (270 km) southwest of New Orleans, 70–85 miles (113–137 km) off the Louisiana coast comprising six and a half leased blocks: Eugene Island 313, 314 south, 330, 331, 332, 337 and 338.
Kashagan Field is an offshore oil field in Kazakhstan's zone of the Caspian Sea. The field, discovered in 2000, is located in the northern part of the Caspian Sea close to Atyrau and is considered the world's largest discovery in the last 30 years, combined with the Tengiz Field.
The National Oil Corporation is the national oil company of Libya. It dominates Libya's oil industry, along with a number of smaller subsidiaries, which combined account for around 70% the country's oil output. Of NOC's subsidiaries, the largest oil producer is the Waha Oil Company (WOC), followed by the Arabian Gulf Oil Company (Agoco), Zueitina Oil Company (ZOC), and Sirte Oil Company (SOC).
The Zelten oil field is located at the foot of the Zelten Mountains, about 169 kilometres (105 mi) south of Brega in Concession 6. Zelten holds the title as the largest oil field in the Gulf of Sidra. The 229 wells in Zelten use a gas lifting system. The Zelten oil field is not associated with the town Zelten, which is located in the North-West of Libya.
The Sirte Basin is a late Mesozoic and Cenozoic triple junction continental rift along northern Africa that was initiated during the late Jurassic Period. It borders a relatively stable Paleozoic craton and cratonic sag basins along its southern margins. The province extends offshore into the Mediterranean Sea, with the northern boundary drawn at the 2,000 meter (m) bathymetric contour. It borders in the north on the Gulf of Sidra and extends south into northern Chad.
The Bouri Offshore Field is part of Block NC-41, which is located 120 kilometers (75 mi) north of the Libyan coast in the Mediterranean Sea. It was first discovered in 1976 at a depth of 8,700 feet (2,700 m) and is estimated to contain 4.5 billion barrels (720,000,000 m3) in proven recoverable crude oil reserves and 3.5 trillion cubic feet (99 km3) of associated natural gas with an annual production potential of 6 billion m³. Bouri is considered the largest producing oilfield in the Mediterranean.
As of 2007, the proven oil reserves in Mexico were 12.4 billion barrels. The US Energy Information Administration estimated Mexican proved reserves to be 10.3 billion barrels as of 2013.
Perenco is an independent Anglo-French oil and gas company with a headquarters in London and Paris It has exploration and production activities in 16 countries around the globe.
Although there are numerous oil companies operating in Canada, the majority of production, refining and marketing is done by fewer than 20 of them. According to the 2013 edition of Forbes Global 2000, canoils.com and any other list that emphasizes market capitalization and revenue when sizing up companies, as of March 31, 2014 these are the largest Canada-based oil and gas companies. However more recent changes, possibly mergers or a stronger showing in the price of oil could mean a few of the oil sands producers are underrepresented; this is because Canadian companies are increasingly dependent on production from that source, which is hurt severely when oil prices decline below 50 to 60 dollars a barrel since costs per barrel traditionally exceed $28 and non-upgraded bitumen produces 1.7 fewer barrels per metric ton than West Texas Intermediate oil. A few of the larger companies don't show up in the Forbes list because its ranking system takes many different factors into account. Syncrude and Irving Oil are also leaders in the Canadian industry, with Syncrude being the top producer of oil sands crude and Irving Oil operating the largest oil refinery in the country. Also, based on the price paid for a 9% share in Syncrude Canada Ltd by Sinopec the company could be worth as much as US$50 billion. Canadian oil company profits quickly recovered from the financial crisis; In 2009 they were down 90% but in 2010 they reached $8.4 billion; Helping profits is the smaller price gap between West Texas Intermediate oil ($85/bbl) and Western Canadian heavy crude ($65/bbl) with the price of upgraded synthetic oil surpassing WTI when supply falls. The two largest are 2 of the 11 most valuable Canadian companies. 2,412 oil and gas companies are based in Calgary, Alberta alone.
Blane is an offshore oil field located in the southern Norwegian and northern British sectors of North Sea. The Blane facilities are located on the British continental shelf and are tied to the Ula field which is located 34 km (21 mi) to the northeast via subsea pipeline. The field was discovered in 1989 and produces high quality oil.
The Monte Alpi oil field is an oil field located in the region of the Southern Apennines. It was discovered in 1981 and developed by Eni. It began production in 1996 and produces oil. The total proven reserves of the Monte Alpi oil field are around 400 million barrels (58.6×106tonnes), and production is centered on 95,000 barrels per day (15,100 m3/d).
The Batı Raman oil field (batı meaning west in Turkish) is located in the Batman Province, in the Southeastern Anatolia Region of Turkey. With the estimated reserves of 1.85 billion barrels (252×106 tonnes) and a production rate of around 7,500 barrels per day (1,190 m3/d) from 300 wells (as of 2007), this is the largest and most productive oil field in Turkey.
The Villafortuna oil field is an oil field located in Trecate, Piedmont. It was discovered in 1984 and developed by Eni. It began production in 1984 and produces oil. The total proven reserves of the Villafortuna oil field are around 300 million barrels (40×106tonnes), and production is centered on 60,000 barrels per day (9,500 m3/d).
The Rovegnatta oil field is an oil field located in Lecco, Piedmont. It was discovered in 2000 and developed by Eni. It began production in 2000 and produces oil. The total proven reserves of the Rovegnatta oil field are around 200 million barrels (26.8×106tonnes), and production is centered on 10,000 barrels per day (1,600 m3/d).
The petroleum industry in Syria forms a major part of the economy of Syria. According to the International Monetary Fund, before the Syrian Civil War, oil sales for 2010 were projected to generate $3.2 billion for the Syrian government and accounted for 25.1% of the state's revenue.
