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The Most Valuable Resource on Earth and Technological Methods of Its Extraction

October 03, 2019

        The Most Valuable Resource on Earth and Technological Methods of Its Extraction

            Crude oil is an essential resource in the contemporary world since it is the raw material used in the production of various products such as gasoline, kerosene, and diesel. These oil products play a critical role in providing sources of energy needed to power industrialization (Lalude, 2017). Therefore, the significance of crude oil makes it one of the most valuable resources in the modern-day. This paper discusses crude oil, and the technological methods applicable in exploring and extracting.
Extraction of Crude Oil
            Once a potential location bearing crude oil is established, the commencement of extraction using various technological techniques can begin. Drilling oil rigs are predominantly the primary technology used to extract crude oil due to its natural occurrence beneath the earth’s surface. On the prospected position, an oil drilling system that comprises of various components such as drill pit and blowout prevention equipment drills a hole towards the oil reservoir. As the drilling process continues, casings installed assist the hole from caving in. A chemical mixture, namely, mud or drilling fluid also supports the hole from caving in as well as removing the debris out of the hole (Morenov & Leusheva, 2016). The mixture also helps in the regulation of heat on the drilling bit. After the drilling and casing installation reaches the oil reservoir, a tube inserted in the hole to allows the flow of oil. Lastly, a set up of infrastructure on the earth’s surface allows the control of the flow of crude oil from the well beneath.
            Industrialization highly demands large amounts of energy that mostly depend on petroleum products. This demand makes crude oil that is the source of these products a precious commodity. Through advancements in technology, methods of exploring and extracting this product have ensured the continued supply of energy. Conclusively, this has eased the process of acquiring crude oil in various locations of the earth, both land, and marine.
Figure 2. Seismic prospecting on marine.
Figure 1. Seismic prospecting on land.

Figure 3. Oil drilling system.
Figure 4. Oil well.

Gaci, S., & Hachay, O. (2017, May 10). Where and How Can We Find New Sources of Oil and Gas?. Retrieved September 30, 2019, from https://eos.org/editors-vox/where-and-how-can-we-find-new-sources-of-oil-and-gas
Lalude, G. (2017). The North and Oil: A Dependency That Refuses To Go.
Morenov, V., & Leusheva, E. (2016). Energy delivery at oil and gas wells construction in regions with harsh climate. International Journal of Engineering29(2), 274-279.

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