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    justinpark

    Posts : 55
    Join date : 2009-09-02
    Age : 22

    Oil Fields

    Post  justinpark on Mon Feb 01, 2010 12:19 pm

    By: Justin Park and Brandon Pang

    Oil is a fundamental source of energy in modern society today. Most of the oil deposits in the world however, have been depleted by the power-hungry nations. It has become a symbol of crude power, simply because it powers a country's transportation along with the development of its products. The main oil fields in the world today—as many know—are located in the Middle-Eastern states. This month, Iraq will finalize contracts with ExxonMobil, Royal Dutch Shell, and BP allowing these companies to develop some of the largest oil fields in the world. These fields are the sole remaining "easy-access" oil fields; which means that they do not require ultra-deep drilling or any other innovative production methods.

    The world uses approximately 85 million barrels of oil per day, which it collects from over 4000 oil fields. These oil fields are comparatively diminutive in contrast to the undeveloped oil field giants and megafields located around Iraq. These giants can produce over an astounding 100,000 bpd whilst the megafields have the capability to churn out a remarkable 1 million barrels of oil per day. These are enormous resources of energy, so important to the world's daily life—along with a nation's well-being—that it is a decent enough reason to go to war over.

    The oil field in Ghawar, Saudi Arabia, has the ability to make about 30 billion more barrels continuing into the future. Over the past 60 years, it has produced around 60 billion barrels of oil being 160 miles long and 16 miles wide. Ghawar is a vital oil field to today's economy as it yields 4.5 million barrels of oil per day. Significantly large oil fields are all over the world, some are, however, extremely difficult to reach, while the ones in the Middle-East are exceptionally simple to get to. Vast expanses of oil are hidden under the thick ice crust over the Arctic Ocean, making it virtually impossible to reach.

    Oil fields in areas like West Qurna, Majnoon, and Rumaila are all situated in the jurisdiction of Iraq. On average, they are projected to produce about 20 billion barrels of oil each. Notice that all of the future oil that nation's are dependent on, are located in the center of the frying pan. Most of the conflict in the world is found there. In the future, one, thin, tense string to snap is all it will take for the third world war to begin. Hopefully, organizations such as the United Nations, and the lasting peace in the world today will continue on into the future; despite the fact that luxuries such as easy oil will not be available to just anyone.

    Mankind and raw oil synergize to form the world as what it has become today. Because the world has yet to delve deep into the research of other power sources, such as solar and water, for transportation uses, oil is predicted to remain as the mainstay of energy for years to come.

    Headline ideas needed please!
    Student quotes coming soon.

    brandonpang

    Posts : 19
    Join date : 2010-01-29

    Re: Oil Fields

    Post  brandonpang on Mon Feb 01, 2010 12:49 pm

    By: Justin Park and Brandon Pang

    Oil is a fundamental source of energy in modern society. Most of the oil deposits in the world however, have been depleted by the power-hungry nations. It has become a symbol of crude power, simply because it powers a country's transportation along with the development of its products. The main oil fields in the world today—as many know—are located in the Middle-Eastern states. This month, Iraq will finalize contracts with ExxonMobil, Royal Dutch Shell, and BP allowing these companies to develop some of the largest oil fields in the world. These fields are the sole remaining "easy-access" oil fields, which means that they do not require ultra-deep drilling or any other innovative production methods.

    The world uses approximately 85 million barrels of oil per day (bpd), which is collected from over 4000 oil fields. These oil fields are comparatively diminutive in contrast to the undeveloped oil field giants and megafields located around Iraq. These giants can produce over an astounding 100,000 bpd whilst the megafields have the capability to churn out a remarkable 1 million bpd. These are enormous resources of energy, so important to the world's daily life—along with a nation's well-being—that it is a decent reason to fight over.

    The oil field in Ghawar, Saudi Arabia has the ability to make about 30 billion more barrels continuing into the future. Over the past 60 years, it has produced around 60 billion barrels of oil being 160 miles long and 16 miles wide. Ghawar is a vital oil field to today's economy as it yields 4.5 million bpd. Large oil fields are scattered across the globe. Some oil fields are extremely difficult to access, while the ones in the Middle-East are exceptionally simple to acquire. Vast expanses of oil are also hidden under the thick ice crust over the Arctic Ocean, making it virtually impossible to reach.

    Oil fields in areas like West Qurna, Majnoon, and Rumaila are all situated in the jurisdiction of Iraq. On average, they are projected to produce about 20 billion barrels of oil each. Notice that all of the future oil that nation's are dependent on, are located in the center of the frying pan. Most of the conflict in the world is found there. In the future, one, thin, tense string to snap is all it will take for the third world war to begin. Hopefully, organizations such as the United Nations, and the lasting peace in the world today will continue on into the future; despite the fact that luxuries such as easy oil will not be available to anyone.

    Mankind and raw oil synergize to form the world as what it has become today. Because the world has yet to delve deep into the research of other power sources, such as solar and water, for transportation uses, oil is predicted to remain as the mainstay of energy for years to come.

    Headline ideas needed!
    Student quotes coming soon.

    Joanna Liao

    Posts : 161
    Join date : 2009-09-01
    Age : 22

    Re: Oil Fields

    Post  Joanna Liao on Wed Feb 03, 2010 9:23 pm

    Oil is a fundamental source of energy in modern society. Most of the oil deposits in the world however, (delete: however,) have been depleted by the power-hungry nations. It has become a symbol of crude power, simply because it powers (don’t use ‘power’ twice in a sentence) a country's transportation along with the development of its products. The main oil fields in the world today—as many know—are located in the Middle-Eastern states. This month, Iraq will finalize contracts with ExxonMobil, Royal Dutch Shell, and BP (comma) allowing these companies to develop some of the largest oil fields in the world. These fields are the sole remaining "easy-access" oil fields, which means (mean) that they do not require ultra-deep drilling or any other innovative production methods.

    The world uses approximately 85 million barrels of oil per day (bpd), which is collected from over 4000 (4,000) oil fields. These oil fields are comparatively diminutive in contrast to the undeveloped oil field giants and megafields located around Iraq. These giants can produce over an astounding 100,000 bpd whilst the megafields have the capability to churn out a remarkable 1 million bpd. These are enormous resources of energy, so important to the world's daily life—along with a nation's well-being—that it is a decent reason to fight over.

    The oil field in Ghawar, Saudi Arabia has the ability to make about 30 billion more barrels continuing into the future (awk). Over the past 60 years, it has produced around 60 billion barrels of oil being 160 miles long and 16 miles wide. Ghawar is a vital oil field to today's economy as it yields 4.5 million bpd. Large oil fields are scattered across the globe. Some oil fields are extremely difficult to access, while the ones in the Middle-East are exceptionally simple to acquire. Vast expanses of oil are also hidden under the thick ice crust over the Arctic Ocean, making it virtually impossible to reach.

    Oil fields in areas like West Qurna, Majnoon, and Rumaila are all situated in the jurisdiction of Iraq. On average, they are projected to produce about 20 billion barrels of oil each. Notice that all of the future oil that nation's are dependent on, are located in the center of the frying pan (wut? reword). Most of the conflict in the world is found there. In the future, one, (delete: comma) thin, tense string to snap is all it will take for the third world war to begin. Hopefully, organizations (comma) such as the United Nations, and the lasting peace in the world today will continue on into the future; despite the fact that luxuries such as easy oil will not be available to anyone.

    Mankind and raw oil synergize to form the world as what it has become today. Because the world has yet to delve (reword) deep into the research of other power sources, such as solar and water, for transportation uses, oil is predicted to remain as the mainstay of energy for years to come.

    justinpark

    Posts : 55
    Join date : 2009-09-02
    Age : 22

    Re: Oil Fields

    Post  justinpark on Sat Feb 06, 2010 8:34 pm

    Conglomerate Contractors of Iraq
    By: Justin Park and Brandon Pang

    Oil is a fundamental source of energy in modern society. Most of the oil deposits in the world have been depleted by the power-hungry nations. It has become a symbol of crude strength, simply because it powers a country's transportation along with the development of its products. For some time now, many countries have been battling it out with each other in the auction for many of Iraq's large and undeveloped oil fields. This month, Iraq will finalize contracts with ExxonMobil, Royal Dutch Shell, and BP, allowing these companies to develop some of the largest oil fields remaining in the world.

    The world uses approximately 85 million barrels of oil per day (bpd), which is collected from over 4,000 oil fields. These oil fields are comparatively diminutive in contrast to the undeveloped oil field giants and megafields located around Iraq . These giants can produce over an astounding 100,000 bpd whilst the megafields have the capability to churn out a remarkable 1 million bpd. These are enormous resources of energy, so important to the world's daily life—along with a nation's well-being—that it is a decent reason to fight over.

    Oil fields in areas like West Qurna, Majnoon, and Rumaila are all situated in the jurisdiction of Iraq . On average, they are projected to produce about 20 billion barrels of oil each.

    The conglomerate comprising of the companies ExxonMobile, Royal Dutch Shell, and BP won the contract to develop one of Iraq's most prized oil fields. These companies have been given the right to develop Iraq's West Qurna oil field. Organizations and oil-developing companies constantly clash with one another over the ownership of Iraq's vast oil fields. A consortium led by ExxonMobil recently won the contract for Iraq's West Qurna oil field. This consortium beat rivaling companies from Russia, China, and France. The contract still needs to be approved by the U.S. Cabinet. BP and the China National Petroleum Corporation (CNPC) will finalize their 20-year contracts allowing them to further develop Iraq's Rumaila oil field. They plan to push the Rumaila oil field to an astounding three million bpd, which will make it the second largest oil generator in the world.

    "Iraq's recent contracts with the large oil companies can be viewed in both a positive and negative light. On one hand, it demonstrates that the Iraqi's are beginning to hold a stake in their own future by exporting one of the most precious commodities in the world." said junior Ray Chao. Other students are confused as to why Iraq would finalize contracts with these companies. Freshman Melissa Song said, "I feel that it's odd how Iraq would make deals with oil companies from countries that recently went to war with them, but that also means that our oil supply depends on our relationship with Iraq."

    Mankind and raw oil synergize to form the world as what it has become today. Because the world has yet to explore the possible uses of other power sources, such as solar and water, for transportation uses, oil is predicted to remain as the mainstay of energy for years to come.

    Joanna Liao

    Posts : 161
    Join date : 2009-09-01
    Age : 22

    Re: Oil Fields

    Post  Joanna Liao on Sun Feb 07, 2010 8:04 pm

    Oil is a fundamental source of energy in modern society. Most of the oil deposits in the world have been depleted by the power-hungry nations. It has become a symbol of crude strength, simply because it powers a country's transportation along with the development of its products. For some time now (delete now), many countries have been battling it out with each other in the auction for many of Iraq's large and undeveloped oil fields. This month, Iraq will finalize contracts with ExxonMobil, Royal Dutch Shell, and BP, allowing these companies to develop some of the largest oil fields remaining in the world.

    The world uses approximately 85 million barrels of oil per day (bpd), which is collected from over 4,000 oil fields. These oil fields are comparatively diminutive in contrast to the undeveloped oil field giants and megafields located around Iraq (no space). These giants can produce over an astounding 100,000 bpd whilst the megafields have the capability to churn out a remarkable 1 (one) million bpd. These are enormous resources of energy, so important to the world's daily life—along with a nation's well-being—that it is a decent reason to fight over.

    Oil fields in areas like West Qurna, Majnoon, and Rumaila are all situated in the jurisdiction of Iraq (no space). On average, they are projected to produce about 20 billion barrels of oil each.

    The conglomerate comprising of the companies ExxonMobile, Royal Dutch Shell, and BP won the contract to develop one of Iraq's most prized oil fields. These companies have been given the right to develop Iraq's West Qurna oil field. Organizations and oil-developing companies constantly clash with one another over the ownership of Iraq's vast oil fields. A consortium led by ExxonMobil recently won the contract for Iraq's West Qurna oil field. This consortium beat rivaling companies from Russia, China, and France. The contract still needs to be approved by the U.S. Cabinet. BP and the China National Petroleum Corporation (CNPC) will finalize their 20-year contracts allowing them to further develop Iraq's Rumaila oil field. They plan to push the Rumaila oil field to an astounding three million bpd, which will make it the second largest oil generator in the world.

    "Iraq's recent contracts with the large oil companies can be viewed in both a positive and negative light. On one hand, it demonstrates that the Iraqi's are beginning to hold a stake in their own future by exporting one of the most precious commodities in the world." said junior Ray Chao. Other students are confused as to why Iraq would finalize contracts with these companies. Freshman Melissa Song said, "I feel that it's odd how Iraq would make deals with oil companies from countries that recently went to war with them, but that also means that our oil supply depends on our relationship with Iraq."

    Mankind and raw oil synergize to form the world as what it has become today. Because the world has yet to explore the possible uses of other power sources, such as solar and water, for transportation uses, oil is predicted to remain as the mainstay of energy for years to come.

    brandonpang

    Posts : 19
    Join date : 2010-01-29

    Re: Oil Fields

    Post  brandonpang on Sun Feb 07, 2010 9:47 pm

    Oil is a fundamental source of energy in modern society. Most of the oil deposits in the world have been depleted by the power-hungry nations. It has become a symbol of crude strength, simply because it powers a country's transportation along with the development of its products. For some time, many countries have been battling it out with each other in the auction for many of Iraq's large and undeveloped oil fields. This month, Iraq will finalize contracts with ExxonMobil, Royal Dutch Shell, and BP, allowing these companies to develop some of the largest oil fields remaining in the world.

    The world uses approximately 85 million barrels of oil per day (bpd), which is collected from over 4,000 oil fields. These oil fields are comparatively diminutive in contrast to the undeveloped oil field giants and megafields located around Iraq. These giants can produce over an astounding 100,000 bpd whilst the megafields have the capability to churn out a remarkable one million bpd. These are enormous resources of energy, so important to the world's daily life—along with a nation's well-being—that it is a decent reason to fight over.

    Oil fields in areas like West Qurna, Majnoon, and Rumaila are all situated in the jurisdiction of Iraq. On average, they are projected to produce about 20 billion barrels of oil each.

    The conglomerate comprising of the companies ExxonMobile, Royal Dutch Shell, and BP won the contract to develop one of Iraq's most prized oil fields. These companies have been given the right to develop Iraq's West Qurna oil field. Organizations and oil-developing companies constantly clash with one another over the ownership of Iraq's vast oil fields. A consortium led by ExxonMobil recently won the contract for Iraq's West Qurna oil field. This consortium beat rivaling companies from Russia, China, and France. The contract still needs to be approved by the U.S. Cabinet. BP and the China National Petroleum Corporation (CNPC) will finalize their 20-year contracts allowing them to further develop Iraq's Rumaila oil field. They plan to push the Rumaila oil field to an astounding three million bpd, which will make it the second largest oil generator in the world.

    "Iraq's recent contracts with the large oil companies can be viewed in both a positive and negative light. On one hand, it demonstrates that the Iraqi's are beginning to hold a stake in their own future by exporting one of the most precious commodities in the world." said junior Ray Chao. Other students are confused as to why Iraq would finalize contracts with these companies. Freshman Melissa Song said, "I feel that it's odd how Iraq would make deals with oil companies from countries that recently went to war with them, but that also means that our oil supply depends on our relationship with Iraq."

    Mankind and raw oil synergize to form the world as what it has become today. Because the world has yet to explore the possible uses of other power sources, such as solar and water, for transportation uses, oil is predicted to remain as the mainstay of energy for years to come.

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