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AEREN FOUNDATION’S Maharashtra Govt. Reg. No.: F-11724
SUBJECT:- PETROLEUM MANAGEMENT
MARKS :80
A) All questions carry equal marks.
1. Write a detailed analysis of Petroleum Industry in India.
The oil and gas sectoris one of the six core industriesinIndia.It is of strategic importance and plays
a pivotal role in influencing decisions across other important spheres of the economy.
In 1997–98, the New Exploration Licensing Policy (NELP) was envisioned to deal with the ever-
growing gap between demand and supply of gas in India. As per a recent report, the oil and gas
industry in India is anticipated to be worth US$ 139,814.7 million by 2015. With India’s economic
growth closely linked to energy demand, the
2. Explain evaluation of Petroleum over the years.
Answer: Inpetroleumexplorationanddevelopment,formationevaluationisused to determine the
abilityof a borehole toproduce petroleum.Essentially,itisthe processof "recognizingacommercial
well when you drill one".
AN ISO 9001 : 2008 CERTIFIED INTERNATIONAL B-
SCHOOL
Modern rotary drilling usually uses a heavy mud as a lubricant and as a means of producing a
confiningpressure againstthe formationface inthe borehole,preventingblowouts.Onlyin rare and
catastrophic cases, do oil and gas wells come in with a fountain of gushing oil. In real life, that is a
blowout—and usually also a financial and environmental disaster. But controlling blowouts has
drawbacks—mud filtrate soaks into the formation
3. Explain the process of distillation of Petroleum.
Answer: A petroleumrefineryisaninstallationthatmanufacturesfinishedpetroleumproductsfrom
crude oil, unfinished oils, natural gas liquids, other hydrocarbons, and alcohol. Refined petroleum
productsinclude butare not limitedto gasolines, kerosene, distillate fuel oils (including No. 2 fuel
oil), liquefied petroleum gas, asphalt, lubricating oils, diesel fuels, and residual fuels.
Simple Distillation
The core refiningprocessissimpledistillation(Figure 1).Because crude oil ismade upof a mixture of
hydrocarbons, this first and basic refining process is aimed at separating the crude oil into its
"fractions,"the broadcategoriesof its component hydrocarbons. Crude oil is heated and put into a
still—a distillation column—and different products boil off and can be recovered at different
temperatures. The lighter products—liquid
4. Which are the different thermal properties of Petroleum fractions?
Answer: Petroleum, in one form or another, has been used since ancient times, and is now
importantacrosssociety,includingineconomy,politicsand technology. The rise in importance was
due to the invention of the internal combustion engine, the rise in commercial aviation, and the
importance of petroleum to industrial organic chemistry, particularly the synthesis of plastics,
fertilizers, solvents, adhesives and pesticides.
In itsstrictestsense, petroleum includes only crude oil, but in common usage it includes all liquid,
gaseous, and solid hydrocarbons. Under surface pressure and temperature conditions, lighter
hydrocarbons methane, ethane, propane and butane
5. What is blending of Gasolines ?
Answer: To better understand the need for gasoline blending, it helps to understand the basic
workings of your car's engine:
1. Gasoline vapor mixes with air in the cylinder chamber.
2. The cylinder compresses the air/gasoline mixture.
3. The spark plug fires when the cylinder achieves maximum compression, which ignites
air/gasoline mixture.
4. The force of the combustion pushes the cylinder down, which turns the drive shaft,
generating useable power.
5. The byproducts of combustion are let out of the chamber when the cylinder is in its down
cycle.
6. Explain theory of catalytic reforming.
Answer: Catalytic reforming
Catalyticreformingisachemical processusedtoconvertpetroleumrefinerynaphthasdistilled from
crude oil (typically having low octane ratings) into high-octane liquid products called reformates,
whichare premiumblendingstocksforhigh-octane gasoline.The processconvertslow-octanelinear
hydrocarbons(paraffins)intobranchedalkanes(isoparaffins) andcyclicnaphthenes, which are then
partiallydehydrogenatedtoproduce high-octanearomatichydrocarbons.The dehydrogenation also
producessignificantamountsof byproducthydrogengas,whichis fed into other refinery processes
such as hydrocracking. A side reaction is hydrogenolysis,
7. What is air blowing of bitumen?
Answer:Asphalticbitumen,normallycalled"bitumen"isobtained by vacuum distillation or vacuum
flashingof anatmosphericresidue.Thisis"straightrun" bitumen.Analternative methodof bitumen
production is by precipitation from residual fractions by propane or butane- solvent
deasphalting.The bitumen thus obtained has properties which derive from the type of crude oil
processed and from the mode of operation in the vacuum unit or in the solvent deasphalting unit.
The grade of the bitumen depends on the amount of volatile material that remains in the product:
the smaller the amount of volatiles, the harder the
8. Explain in detail about reserves & deposit of the world with reference to petroleum Industry.
Answer: Petroleum reserves are any quantity of petroleum that is commercially recoverable. In
order to be considered a reserve, a given deposit of petroleum must satisfy four criteria:
 Discoveredthroughanexploratorywell.Inotherwords,drillingmustbe performedtoprove
recoverability.
 Must be recoverable using existing technology
 Must be commerciallyviable,meaning the petroleum can be extracted at a profit and not a
loss
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Petroleum management

  • 1. Dear students get fully solved assignments Send your semester & Specialization name to our mail id : help.mbaassignments@gmail.com or call us at : 08263069601 AEREN FOUNDATION’S Maharashtra Govt. Reg. No.: F-11724 SUBJECT:- PETROLEUM MANAGEMENT MARKS :80 A) All questions carry equal marks. 1. Write a detailed analysis of Petroleum Industry in India. The oil and gas sectoris one of the six core industriesinIndia.It is of strategic importance and plays a pivotal role in influencing decisions across other important spheres of the economy. In 1997–98, the New Exploration Licensing Policy (NELP) was envisioned to deal with the ever- growing gap between demand and supply of gas in India. As per a recent report, the oil and gas industry in India is anticipated to be worth US$ 139,814.7 million by 2015. With India’s economic growth closely linked to energy demand, the 2. Explain evaluation of Petroleum over the years. Answer: Inpetroleumexplorationanddevelopment,formationevaluationisused to determine the abilityof a borehole toproduce petroleum.Essentially,itisthe processof "recognizingacommercial well when you drill one". AN ISO 9001 : 2008 CERTIFIED INTERNATIONAL B- SCHOOL
  • 2. Modern rotary drilling usually uses a heavy mud as a lubricant and as a means of producing a confiningpressure againstthe formationface inthe borehole,preventingblowouts.Onlyin rare and catastrophic cases, do oil and gas wells come in with a fountain of gushing oil. In real life, that is a blowout—and usually also a financial and environmental disaster. But controlling blowouts has drawbacks—mud filtrate soaks into the formation 3. Explain the process of distillation of Petroleum. Answer: A petroleumrefineryisaninstallationthatmanufacturesfinishedpetroleumproductsfrom crude oil, unfinished oils, natural gas liquids, other hydrocarbons, and alcohol. Refined petroleum productsinclude butare not limitedto gasolines, kerosene, distillate fuel oils (including No. 2 fuel oil), liquefied petroleum gas, asphalt, lubricating oils, diesel fuels, and residual fuels. Simple Distillation The core refiningprocessissimpledistillation(Figure 1).Because crude oil ismade upof a mixture of hydrocarbons, this first and basic refining process is aimed at separating the crude oil into its "fractions,"the broadcategoriesof its component hydrocarbons. Crude oil is heated and put into a still—a distillation column—and different products boil off and can be recovered at different temperatures. The lighter products—liquid
  • 3. 4. Which are the different thermal properties of Petroleum fractions? Answer: Petroleum, in one form or another, has been used since ancient times, and is now importantacrosssociety,includingineconomy,politicsand technology. The rise in importance was due to the invention of the internal combustion engine, the rise in commercial aviation, and the importance of petroleum to industrial organic chemistry, particularly the synthesis of plastics, fertilizers, solvents, adhesives and pesticides. In itsstrictestsense, petroleum includes only crude oil, but in common usage it includes all liquid, gaseous, and solid hydrocarbons. Under surface pressure and temperature conditions, lighter hydrocarbons methane, ethane, propane and butane 5. What is blending of Gasolines ? Answer: To better understand the need for gasoline blending, it helps to understand the basic workings of your car's engine: 1. Gasoline vapor mixes with air in the cylinder chamber. 2. The cylinder compresses the air/gasoline mixture. 3. The spark plug fires when the cylinder achieves maximum compression, which ignites air/gasoline mixture. 4. The force of the combustion pushes the cylinder down, which turns the drive shaft, generating useable power. 5. The byproducts of combustion are let out of the chamber when the cylinder is in its down cycle. 6. Explain theory of catalytic reforming. Answer: Catalytic reforming Catalyticreformingisachemical processusedtoconvertpetroleumrefinerynaphthasdistilled from crude oil (typically having low octane ratings) into high-octane liquid products called reformates, whichare premiumblendingstocksforhigh-octane gasoline.The processconvertslow-octanelinear hydrocarbons(paraffins)intobranchedalkanes(isoparaffins) andcyclicnaphthenes, which are then partiallydehydrogenatedtoproduce high-octanearomatichydrocarbons.The dehydrogenation also producessignificantamountsof byproducthydrogengas,whichis fed into other refinery processes such as hydrocracking. A side reaction is hydrogenolysis, 7. What is air blowing of bitumen? Answer:Asphalticbitumen,normallycalled"bitumen"isobtained by vacuum distillation or vacuum flashingof anatmosphericresidue.Thisis"straightrun" bitumen.Analternative methodof bitumen
  • 4. production is by precipitation from residual fractions by propane or butane- solvent deasphalting.The bitumen thus obtained has properties which derive from the type of crude oil processed and from the mode of operation in the vacuum unit or in the solvent deasphalting unit. The grade of the bitumen depends on the amount of volatile material that remains in the product: the smaller the amount of volatiles, the harder the 8. Explain in detail about reserves & deposit of the world with reference to petroleum Industry. Answer: Petroleum reserves are any quantity of petroleum that is commercially recoverable. In order to be considered a reserve, a given deposit of petroleum must satisfy four criteria:  Discoveredthroughanexploratorywell.Inotherwords,drillingmustbe performedtoprove recoverability.  Must be recoverable using existing technology  Must be commerciallyviable,meaning the petroleum can be extracted at a profit and not a loss Dear students get fully solved assignments Send your semester & Specialization name to our mail id : help.mbaassignments@gmail.com or call us at : 08263069601