Download Opportunities in Petroleum Careers by Gretchen Krueger PDF

By Gretchen Krueger

Surveys careers within the petroleum undefined, discussing the employment outlook, profession development, academic necessities, and wage possibilities.

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These seven companies, which had the ability and finances to both get the petroleum out of the ground and get it to market, were to dominate the petroleum industry for decades to come. They, including other companies like Phillips Petroleum Company, Amoco, Conoco, Oryx Oil, Arco Oil and Gas, as well as many other smaller independent companies, are still active in the day-to-day search for petroleum. By the mid-1970s, it was clear that the destinies of the large oil concerns were beginning to be inevitably shaped by a series of uncontrollable occurences throughout the world, particularly in Middle Eastern countries.

In a mineral interest option, a property owner can either sell the rights to some or all of his or her minerals, or sell the land and keep some or all of the mineral interests. This is where the job of a landman becomes more specialized and complicated, as the rights of either property owner may vary from state to state. The last option a landman can offer a property owner is called royalty interest. This means a landowner agrees to transfer only the rights to the proceeds from the minerals. As you can see, the job of a landman is not only extremely important, but very involved as well.

Petroleumboth oil and natural gassupplies 65 percent of the energy used in the United States, according to information from Page 2 the American Petroleum Institute. Of that amount, oil provides about 40 percent of the energy Americans consume and 97 percent of our transportation fuels. Natural gas provides 25 percent of our energy needs. 1 trillion barrels of oil remain to be produced worldwideenough to last sixty-three to ninety-five years. What is Petroleum and Where Does it Come From? By definition, petroleum, in the strictest sense of the word, is crude oil as it comes out of the ground.

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