Monday, December 14, 2009
BBC News- Whether could be trust on or not...
Oil has broken through the landmark $100 a barrel, driven by a slumping dollar, geopolitical instability and worries over a winter fuel supply crunch.
See how the price of oil has risen - and fallen - since 1970 against a background of key world events.
Saturday, December 5, 2009
Thursday, December 3, 2009
Hard to choose?
Wednesday, December 2, 2009
Coalbed Methane: Clean Energy for the World
Coalbed methane can be found almost anywhere there is coal. Considered a dangerous nuisance in the mining industry, it has potential as an abundant clean energy supply to help replace other diminishing hydrocarbon reserves. Recent developments in technologies and methodologies are playing a large part in harnessing this unconventional resource. Some of these are adaptations of those used in conventional oil and gas operations, but others are new applications designed specifically to address coal’s unique properties.
When humans discovered rocks that could pro-vide warmth and fuel cooking fires, coal was likely viewed as a gift from the gods. Extracting coal bed methane (CBM) from underground coal seams may not have the same significance to modern man, but this source for natural gas certainly seems like a gift to a world in need of clean energy supplies. Because today’s oil and gas industry recognizes the value of this unconventional resource, CBM exploration and development, once uniquely North American, are now under way on a global scale.
Hiring Again!
Sorry guys for the late posting...this campaign will be in K.L soon in January 2010..will inform you soon..And it's open to everybody..Malaysian or Non-Malaysian... Read More!
Evaluating Volcanic Reservoir
In general, igneous rocks have been ignored and even avoided by the E&P industry. They have been ignored because of a perceived lack of reservoir quality. However, there are many ways in which igneous rocks can develop porosity and permeability. Far from inconsequential, igneous activity can influence every aspect of a petroleum system, providing source rock, affecting fluid maturation and creating migration pathways, traps, reservoirs and seals. Igneous rocks have been avoided for other reasons. They tend to be extremely hard, although improvements in bit technology are helping drillers cope with these tough lithologies. Because they typically prevent deep penetration of seismic energy, igneous layers are considered an impediment to evaluation of underlying sediments as well. New seismic methods are advancing solutions to this problem, but with their strong refractive qualities, igneous reservoirs remain difficult to characterize. Once hydrocarbons are found in igneous reservoirs, assessing hydrocarbon volumes and productivity presents several challenges.
Log interpretation in igneous reservoirs often requires adapting techniques designed for other environments. Logging tools and interpretation methods that succeed in sedimentary rock can give meaningful answers in igneous rock, but they often require artful application. Furthermore, because mineralogy varies greatly in these formations, methods that work in one volcanic province may fail in another. Usually, a combination of methods is required.