History and developments in the Oil Industry
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Transcript of History and developments in the Oil Industry
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History and developments in the Oil Industry
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Colonel Drake- Titusville- 1859
• The most important oil well ever drilled was in the middle of quiet farm country in northwestern Pennsylvania in 1859. For this was one of the first successful oil wells that was drilled for the sole purpose of finding oil. Known as the Drake Well, after "Colonel" Edwin Drake, the man responsible for the well, it began an international search for petroleum, and in many ways eventually changed the way we live.
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UPSTREAM
OFFSHOREPLATFORM
OILSANDS
Bitumen
DOWNSTREAM
Feedstock
Syntheticcrude oil
Fuels, lubricants and speciality products includingBitumen and liquefied petroleum gas
UPGRADERPLANT
Oil
REFINERY
Gas
LNGLIQUEFICATIONPLANT
GAS TOLIQUIDSPLANT
BIOFUELSPLANTBIOFUELSPLANT
WINDTURBINES
Energy for industrialand domestic use
LNGREGASIFICATIONTERMINAL
POWERSTATION
ONSHOREPRODUCTION FACILITY
Gas
Oil
CHEMICALPLANT
Petrochemicals used for plastics,Coatings and detergents
The present day oil and gas businesses
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From historic to futuristic- in drilling
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From historic to futuristic- in transportation
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From historic to futuristic- in exploration
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From historic to futuristic – in offshore engineering
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Gas & Power’s global portfolio
Operation Construction
LNG supplyLNG regas, import
GTL
Pipeline, distributionClean coalWind
* Indirect interest through Woodside
SEE, SENA & SILSQATARGAS4 PEARL QALHAT
ALTAMIRA
NIGERIA LNG
HAZIRA PLUTO* NORTH WESTSHELF
OMAN LNGSAKHALIN
BRUNEI LNG
BINTULU
MALAYSIAN LNG
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Exploring our world for resources….
Not Shell’s view
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New Frontiers: Shale Gas, Shale Oil. The practice of Hydraulic (Chemical) Fraccing.
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Scale
Mega-projectsGlobal knowledge transferSupply chain managementRisk managementGlobal partnerships
Technology Integration
Across value chainSub-surface / surfaceGas to marketsProducing refined productsLife cycle management
What it takes to win
Delivering mega-projectsManaging volatilityLeveraging partnerships
More R&D, more impactExploration differentiatorIncreased recoveryUnlocking unconventionalsGlobal application
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Whilst understanding the risk of business