Petroleum In the United States
Petroleum within the United States has been a major industry since shortly after the oil discovery in the Oil Creek area of Titusville, Pennsylvania in 1859. The petroleum industry consists of exploration for, manufacturing, processing (refining), transportation, and advertising of natural fuel and petroleum merchandise. As of 2008, the U.S. was the world’s third-largest oil producer (after Saudi Arabia and Russia), producing eight.5 million barrels of oil and natural fuel liquids per day. The main oil-producing space in the United States in 2014 was Texas (three.17 million barrels (504,000 m3) per day), followed by the federal zone of the Gulf of Mexico (1.40 million barrels (223,000 m3) per day), followed by North Dakota (1.09 million barrels (173,000 m3) per day) and California (0.50 million barrels (79,000 m3) per day).
In 2015, US production of crude oil rose to 9.48 million barrels per day, the very best annual rate since 1972, and a rise of ninety% from the 2008 production of 5.00 million barrels per day. On a month-to-month foundation, nevertheless, US production peaked in April 2015 at 9.Sixty three million barrels per day, then declined because of lower oil prices to eight.Seventy four million barrels per day in August 2016.[Four] US Natural fuel production achieved new document highs for annually from 2011 by 2014.
Marketed natural fuel production in 2014 was 74.7 billion cubic toes per day, a forty four% enhance over the speed of fifty one.9 billion cubic feet per day in 2005. Over the same time period, production of natural gasoline liquids elevated 70%, from 1.74 million barrels per day in 2005 to 2.96 million barrels per day in 2014. In April 2015, pure gas was produced at the speed of seventy nine.Four billion cubic feet per day.
In 2014, petroleum and pure gasoline have been the 2 largest sources of vitality within the U.S. collectively offering sixty three % of the vitality consumed (oil supplied 35 percent and gas 28 %). In 2008 the United States consumed 19.5 million barrels (three,100,000 m3) per day of petroleum products, of which 46 % was gasoline, 20 p.c diesel fuel and heating oil, and 10 p.c liquefied petroleum gas. In 2015, the U.S. imported 24% of the petroleum it used, the lowest since 1970.[Eight] The largest sources of U.S. imported oil had been: Canada (40%), Saudi Arabia (eleven%), Venezuela (9%), Mexico (8%), and Colombia (4%).
In response to the American Petroleum Institute, the oil and natural gas trade supports 9 million U.S. jobs and makes up seven percent of the nation’s gross domestic product.
1 Business structure 1.1 Majors
1.3 Service corporations
three.1 Produced water
The U.S.A oil business is made up of hundreds of corporations, engaged in exploration and manufacturing, transportation, refining, distribution, and marketing of oil. The trade is usually informally divided into “upstream” (exploration and manufacturing), “midstream” (transportation and refining), and “downstream” (distribution and advertising). The business sector involved in oil exploration and manufacturing is for all practical functions similar with the sector exploring and producing natural fuel, but oil and pure gas have different midstream and downstream sectors (see: Pure gasoline within the United States).
The time period major oil firm has no formal definition, however usually refers to a big vertically integrated company, with operations in all or many of the industry phases, from exploration to advertising. Many majors have international operations.
The largest of the majors are sometimes referred to as supermajors. This time period is often utilized to BP, Shell, Exxon Mobil, Chevron, and Total, all of which operate within the US.
An impartial is a company which has all or nearly all of its operations in a limited segment of the business, akin to exploration and production, refining, or advertising. Though most independents are small in comparison with the majors, there are some very giant companies which aren’t vertically integrated, and so are classed as independents.
Service companies contract to oil firms to carry out specialized services. Examples are companies that do well logging (Schlumberger), seismic surveys (WesternGeco, CGG (company)), drilling (Nabors Industries, Helmerich & Payne), or effectively completion (Baker Hughes, Halliburton).
Prime oil producers in the United States, 2009
In 2009, the production owned by the highest ten firms was 52% of complete US oil manufacturing.
Each year, tens of 1000’s of wells are drilled looking for oil and gasoline within the U.S. In 2009, 36,243 wells were drilled.
High oil fields within the U.S.
Top producing oil fields within the United States, 2013
Oil and fuel wells generally produce water together with the oil and gas. Known as produced water, the water is often highly saline, and must be disposed of by injecting it into EPA-permitted Class II water disposal wells.
Some produced water incorporates adequate iodine to be recovered as a byproduct.
Crude oil transportation
The product extracted at the wellhead, usually a mixture of oil/condensate, gasoline, and water, goes via equipment on the lease to separate the three parts. The oil and produced water are typically stored in separate tanks at the positioning, and periodically eliminated by truck. Over the decade 2005-2014, the volume of oil carried to the refinery by tanker ship has decreased. The oil volumes delivered to US refineries by all other modes has elevated.
Most crude oil shipped long distances in the US goes by oil pipeline. In 2014, fifty eight p.c of the petroleum arriving at refineries got here by pipeline, up from forty eight % in 2005. In 2014, the United States had 161 thousand miles of interstate oil pipelines, an increase of 29 thousand miles since 2005. The interstate pipelines are connected to 4.2 million miles of trunk oil pipelines. The top US oil pipeline firms in 2014 were, in order of decreasing interstate pipeline mileage: Magellan Pipeline Company, Mid-America Pipeline Company, and Plains All American Pipeline.
Petroleum could be transported cheaply for lengthy distances by oceangoing oil air group pair tankers. Tankers provided 31 percent of the oil arriving at US refineries in 2014, down from 48 % in 2005; the decline displays decreased oil imports since 2005.
For shorter-distance water transport, oil is shipped by barge, which accounted for 5.7 p.c of oil arriving at refineries in 2014, up from 2.9 % in 2005.
Most oil is initially carried off the site by tanker truck. The truck could take the oil directly to a close by refinery. In 2014, 2.6 % of oil arrived at refineries by truck, up from 2.6 percent in 2005. If the refinery will not be close, the tanker truck will take the crude oil to a pipeline, barge, or railroad for lengthy-distance transport.
Before the widespread availability of long-distance pipelines, most crude oil was shipped by rail. It’s for this historical cause that in Texas, oil and gasoline production refining of petroleum process pdf size got here to be regulated by the Texas Railroad Fee. Rail transport of crude oil has made a resurgence since 2005, largely due to the lack of pipeline capability to transport the increased oil volumes from North Dakota. In 2014, 2.7 percent of crude oil arriving at refineries came by rail, up from 0.1 percent in 2005.
Since 2012, oil shipped by rail from the Bakken fields in North Dakota has progressively changed overseas (non-Canadian) imported oil used by East Coast US refineries. In February 2015, railroads equipped 52 % of all crude oil delivered to US refineries on the East Coast.
The United States petroleum refining trade, the world’s largest, is most heavily concentrated along the Gulf Coast of Texas and Louisiana. In 2012, US refiners produced 18.5 million barrels per day of refined petroleum merchandise.[Sixteen] Of this amount, 15 p.c was exported. As of 2012 the US was the world’s second largest web exporter of refined petroleum products.
Petroleum product distribution and advertising and marketing
Refined petroleum products destined for retail consumption is transferred to bulk terminals by pipeline, barge, or rail. From the majority terminal, the product is usually trucked to the retail outlets.
As of February 2014, there were 153,000 service stations selling motor gas in the US, including garages, truck stops, convenience shops, and marinas. Though many stations carry the brands of main built-in oil companies, only 2% of US stations are owned by major oil companies; most refining of petroleum process pdf size stations labeled with major brands are operated underneath franchise agreements. A total of fifty eight% of the service stations are single-store operations run by an individual or household.
Although some oil was produced commercially earlier than 1859 as a byproduct from salt brine wells, the American oil business started on a serious scale with the invention of oil on the Drake Well in western Pennsylvania in 1859.
U.S. crude oil production peaked in 1970 at 9.64 million barrels (1,533,000 m3) per day. 2013 manufacturing was 7.Forty four million barrels (1,183,000 m3) per day of crude oil (not together with pure fuel liquids).
Pennsylvanian oil rush
Workplace of Naval Petroleum and Oil Shale Reserves
Petroleum Administration for Protection District
The Energy Information Administration of the United States Department of Vitality publishes extensive statistics on the production, importation, and makes use of of petroleum within the United States.
In 1913 the United States was extracting 65 p.c of the world’s petroleum.[quotation needed]
In 1989 the U.S. contained 5 percent of the world’s oil reserves.[quotation needed]
In 2007, state severance taxes amounted to $10.7 billion, largely from oil, gasoline, and coal. States additionally obtained 50 % of federal onshore oil and fuel lease revenues inside their borders, and 27 p.c of federal offshore oil and gasoline revenues adjoining to their shorelines; the state share of federal revenues totalled $2.0 billion in 2007.
Arctic Refuge drilling controversy
American Affiliation of Petroleum Geologists
American Petroleum Institute
Nevada Petroleum Society
Energy conservation within the United States
Energy in the United States
Historical past of the petroleum industry within the United States
Pure gas within the United States
Offshore oil and fuel within the United States
The Petroleum Dictionary (guide)
Shale gasoline in the United States
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^ http://www.eia.gov/tools/faqs/faq.cfm id=32&t=6
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^ US Energy Data Administration, High one hundred Operators, 2009, accessed 2 August 2015.
^ US Power Information Administration, Prime a hundred U.S. oil and fuel fields, Mar. 2015
^ Christopher E. Smith, “Oil pipelines lead approach in strong 2014,” Oil & Gas Jolurnal, 7 September 2015, p.A hundred and ten-128.
^ Crude by rail accounts for greater than half of East Coast refinery supply in February, At present in Vitality, US EIA, 5 May 2015.
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^ American Petroleum Institute, Service station FAQs, accessed 2 August 2015.
^ Painter, David S. Oil and the American Century. Baltimore: Johns Hopkins UP, 1986. June 2012. Web. 11 Might 2017.
^ US crude oil production by year, 1861 to 2013
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^ Judy Zelio and Lisa Houlihan, State Energy Revenues Replace, National Conference of State Legislatures, June 2008.