Oil and Natural Gas Management and Extraction

Flashcards covering key concepts related to oil and natural gas management and extraction, including geopolitical importance, extraction methods, environmental impact, and technological advancements.

Venezuela has the __ oil reserves on the entire planet, surpassing even those in The Middle East.

biggest

__ is known for being the third in the world in proven reserves of natural gas and having significant oil reserves despite its small size.

Qatar

Canada's oil sourced from tar sands is primarily __ to the United States for processing.

piped

The __ process involves extracting oil from wells that are not too far from the surface.

primary extraction

_ extraction uses water to push the oil closer to the surface once primary extraction is completed.

secondary

The hydraulic fracturing method, often associated with natural gas extraction, is also used in conjunction with __.

oil

The __ of natural gas releases 30% less CO2 than oil and even less than burning coal per unit of heat produced.

combustion

Communities have experienced __ during fracking due to breakages in aquifers, leading to poisoned water supplies.

contamination

The capturing of CO2 from emissions and injecting it underground is known as __.

carbon capture and storage (CCS)