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Tuesday, July 08, 2008
Some Facts on Oil Exploration/Exploitation
Some Facts on Oil Exploration/Exploitation: 1) The world has drilled about 5 million oil wells. 2) world uses about 86 million barrels of oil everyday. With this consumption rate, we have just about 40 years of oil remaining for consumption. 3) World extracts about 85 million barrels of oil from the ground everyday. In other words, world creates about 13 million cubic metres of underground voids everyday. 4) The undergound void spaces as result of oil extraction are being filled by either water or gases 5) The oil extracted from the ground is about 100 degree C.
Edited on: Monday, April 26, 2010 9:38 PM
Categories: Climate Change, Earthquakes, For Scientists and Engineers