The Industry of Oil Extraction

Colin Read
Additional contact information
Colin Read: SUNY College

Chapter 7 in BP and the Macondo Spill, 2011, pp 37-44 from Palgrave Macmillan

Abstract: Abstract The intensive use of petroleum-based oil is a relatively recent economic phenomenon. While the term “oil” is derived from the Greek term “elaion,”, for olive oil, the term can be used for any material that is liquid at room temperature, will not mix with water, and is soluble by organic solvents. Oils are a combination of carbon and hydrogen, and can refer to either vegetable-based or petroleum-based oils. It is the search for petroleum that now induces us to go to lengths unimaginable just a few decades ago.

Keywords: Remotely Operate Vehicle; Offshore Drilling; Drilling Cost; Natural Lift; Drilling Shaft (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30508-3_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230305083

DOI: 10.1057/9780230305083_7

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().