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Oil has been a defining force in the 20th century. Oil has shaped political boundaries, defined the outcome of battles and wars, created and disrupted economies, and remade the urban environment. It has also taken a heavy toll on the environment, through air pollution and oil spills. We are burning through our supplies of oil so quickly that oil may become a uniquely 20th century phenomenon. American oil production is fading fast, even as demand rises. Worldwide reserves of oil could supply 40 to 60 years of consumption at current rates. By the middle of the 21st century, world oil supplies could be dwindling. Environmental pressures may lead to restrictions on its use before then.

How Oil Is Formed
Oil is formed from ancient plants and animals deposited since the Cambrian period 500 million years ago. This organic matter settled on the sea floors of that era, mixing with and being covered by sedimentary rocks, mostly sandstone and limestone. Over many years, deposits of more sediments, tectonic plate movements or volcanic activity buried these deposits under an impermeable layer of stone or mud.Trapped under high pressure, with no oxygen present, bacteria broke down the dead plants and animals into hydrocarbons, such as coal, oil and natural gas. Once formed in this sedimentary layer, oil can be squeezed out or washed out by underground water flows. Since natural gas is less dense than oil, and oil is less dense than water, the gas tends to float on top, with oil under it, supported by water.Oil is not actually in pools underground; it is held in permeable rock, such as sandstone or ancient coral reefs, like a sponge. Gas, oil and water would rise to the surface over time, but they are held underground by a “cap rock” such as a layer of shale. Oil and gas become concentrated in areas where there are high spots, or domes, under the layer of cap rock.The most common type of oil trap occurs in an “anticline.” Anticlines are formed when the cap rock is buckled by geological movement, as when mountains are formed. The most recent major anticline formation was 20 million years ago, when the Alps, the Himalayas and the Rocky Mountains 

 


 

 
 

ISSUE 03, 2007


 
  »  

NERC: The is no Magic to Power

Ransome Owan bares his mind on issues

 
  »  

EMERGING MARKET: Rockson takes the lead...

The design and execution of the Omoku Project

 
  »  

OMOKU:

- Let there be Light

- Rivers State takes the bull by the horn.

 
  »  

EDITORIAL & OPINION:

- Michelin leaves Nigeria in the lurch.

- An Eye on You! Power Thieves.

 
  »  

FACT SHEET: The actual power generation capacity projection for the country in 2007 .

 
     

Read More >>

 
 

ISSUE 02, 2006


 
  »   COVER STORY: DPR Nigeria's Oil Police...  
  »   VIEW POINTS: New Era of Energy Innovation.  
  »   AN EYE ON YOU: 'The Niger Deltans'  
  »  

EDITOR'S SHORE: An Oily Giant's Travails.

 
  »   VIEW POINTS: We are committed to improving Crude Supply.  
     

Read More >>

 
 

ISSUE 01, 2006


 
  »  

COVER STORY: Petroleum Products Intrigues:

"Give us more fuel" - Marketers cry out.

 
  »    A gathering for SUBSEA Technology.  
  »   How Oil Works.  
  »   A Crude Awakening.  
     

Read More >>

 

 

 

 

 

 

   

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