QUIZ: Crude Realities

QUIZ: Crude Realities

With the future of offshore drilling in jeopardy, many players are looking at alternative ways to get their hands on crude. In Canada, Devon Energy's Oil sands project provides one solution. Oil shale deposits in other parts of the world are also providing alternatives to drilling. But how feasible are these options?

How much do you know about the oil industry and the different types of oil out there? Take the following quiz and find out.

Posted 28 June 2010

The word "petroleum" is based on the Latin words for rock and oil. True or false?

1. True
2. False

True. This Middle English word from the 15th century is derived from the Latin "petr" meaning stone or rock, and "oleum" meaning oil.

SOURCE:Merriam-Webster.com Dictionary

Which country holds the second-largest oil reserves in the world behind Saudi Arabia?

1. Iraq
2. Brazil
3. Canada
4. United States

At an estimated 180 billion barrels (taking into account Alberta's oil sands), Canada holds the world's second-largest oil reserves.

SOURCE: CIA's World Factbook

What country has the smallest oil reserves among countries with known oil reserves?

1. Israel
2. Ethiopia
3. Germany
4. Cuba

Ethiopia, with just 430,000 estimated barrels, has the smallest oil reserves among countries with known reserves. Israel has an estimated 1.94 million barrels, Cuba 124 million barrels, and Germany 276 million.

SOURCE: CIA's World Factbook

Which of the following is NOT one of the three main types of "enhanced oil recovery" techniques used in extracting petroleum?

1. Gas injection
2. Cyclic stimulation and flooding
3. Luxator rocking and cutting
4. Chemical injection

Luxator rocking and cutting is a dental procedure used in extracting teeth.

SOURCE: The Luxator.com

Where was the world's first commercial oil well established?

1. Saudi Arabia
2. West Texas
3. Russia
4. Poland

The world's first commercial oil well was established in Poland in 1853, but records indicate that oil was taken from surface seeps as far back as the 12th and 13th centuries.

SOURCE: Aurelian Oil and Gas | EnergyDigital.com

Which of the following is NOT a classification of crude oil?

1. Algerian blend
2. Brent blend
3. West Texas Intermediate

"Algerian blend" is not a classification of crude oil, though "Saharan blend" from Algeria is. Other classifications include "Bonny light" from Nigeria, "Arab light" from Saudi Arabia and "Basra light" from Iraq.

SOURCE: Types Of Crude Oil | Oil Prices.org

What percentage of the world's oil reserves is made up of oil sands?

1. 20 percent
2. 30 percent
3. 40 percent
4. 50 percent

Conventional oil also makes up 30 percent, heavy oil 15 and extra heavy oil 25 percent.

SOURCE: Highlighting Heavy Oil | Schlumberger

Which country has the largest oil sands reserves?

1. Canada
2. Oman
3. Venezuela

Venezuela. There are about 1.7 trillion barrels of reserves in the Athabasca Oil Sands in Canada, and 1.8 trillion barrels of extra heavy crude in the Venezuelan Orinoco oil sands.

SOURCE: US Department of Energy

Where are the world's largest oil shale deposits located?

1. Italy
2. Russia
3. Brazil
4. United States

The Green River Formation and the Phosphoria Formation are the largest oil shale deposits in the world.

SOURCE: Geology and Resources of Some World Oil-Shale Deposits | US Department of the Interior

What is the assembly of valves, spools and fittings used for oil, gas and other wells commonly referred to as?

1. A Wellhead
2. A Christmas tree
3. An Extractor Scheme
4. A big mess

The assembly is named such for its crude resemblance to a decorated tree.

SOURCE: Oilfield Glossary | Schlumberger

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