| 1. |
______________ is a measure that represents the percent of the in-place oil discovered that is technically recoverable. |
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Enhanced oil recovery factor (ORF) |
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Enhanced gas recovery factor (GRF) |
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Enhanced Oil-Gas recovery factor (OGRF) |
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None of the above. |
| 2. |
Which of the following is not a tertiary Hydrocarbon recovery method? |
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Thermal methods |
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Physicochemical methods |
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Water flooding |
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Gas methods |
| 3. |
Which of the following Hydrocarbon recovery method has highest oil recovery percentage? |
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Natural drive |
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Secondary methods |
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Tertiary methods |
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None of the above |
| 4. |
The professional community generally refers to which of the following well-varied methods as modern EORs?
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Physicochemical methods |
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Heat (thermal) methods |
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Gas displacement |
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All of the above |
| 5. |
The applicability of EOR technologies depends, very broadly, on two factors; the depth of the reservoirs and the physicochemical properties of oil, primarily gravity and viscosity. |
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True |
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False |
| 6. |
Delays in EOR technology upgrades may substantially reduce budget revenues, which would otherwise be available, owing to __________________________ of the following? |
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Gains in recoverable reserves with no exploration costs |
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Increased production of “stranded” oil in mature regions |
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Developing local high technologies and services |
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All of the above |
| 7. |
From 2000 to 2011, the share of hard-to-recover oil reserves in Russia increased from 56% to 62%, while production grew only from 3% to 8%. This trend, resulting in shrinkage and deterioration of the resource base, is most evident in ________ oil regions. |
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Extinct |
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Newer |
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Mature |
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None of the above |
| 8. |
What does the following figure represent?
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Price of oil |
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Oil Production costs |
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Different types of oil and their prices |
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None of the above |
| 9. |
Despite persisting challenges, many Russian VIOCs realize the importance of EOR for their long-term growth and are considering involvement in modern EOR projects to target which of the following?
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Tight light oil plays |
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Heavy oil and natural oil bitumen |
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Complex carbonate reservoirs |
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All of the above |
| 10. |
Transitioning from revenue-based to profits-based taxation of mining income (a windfall tax) would create long-term economic incentives and enable the full-scale deployment of advanced oil extraction technologies. |
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True |
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False |
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