Canadian

Alberta's Petroleum Industry and Conservation Board by David Breen

By David Breen

This booklet is the showpiece of the background undertaking. It info the Board's early years, describes occasions, explains why they occurred, and introduces us to a few of the personalities who made them occur. Dr. Breen has hired his exacting criteria for particular learn and research in getting ready this paintings, and he has written it in a mode that informs whereas it keeps our curiosity. For this, the Board is grateful. designated thank you also are because of these members, basically former Board employees individuals, who dedicated a lot time and a focus to the gathering and synthesis of the mass of data. This e-book bargains with the 1st twenty years of the Board's background. The efforts of Dr. Breen and his learn assistants depart a list that may facilitate extra special research and severe written works at the Board's later background.

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Extra info for Alberta's Petroleum Industry and Conservation Board

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Gravity Drainage and Combination Drive In reservoirs, the force of gravity is always at work, and gravity effects can sometimes play an important role in recovery as original gas or water drives decline, especially in thick or steeply tilted, highly permeable reservoirs. In such situations, oil moves downwards to producing wells and gas coming out of solution migrates to the crest of the reservoir, forming a gas cap. This gas cap expands as pressure declines further, sometimes providing an effective driving mechanism.

Unregulated production meant unstable and usually depressed prices, with the advantage in the hands of the large refining interests. Wasted resources and extremely low prices were also seen to have a deleterious influence on the local governments' short- and long-run revenue prospects. Both public and private groups began campaigns that eventually led to regulations that sought to govern the method and rate of production. 15 In turn, as is typically the case, the regulations created a series of - x iii INTRODUCTION new problems.

It is doubly important therefore to understand the strands of thought, diverse and inconsistent as they might be, that are to be found within the concepts that have guided industry and petroleum conservation bodies. If conservation practice does not exhibit the tidy parameters or theoretical purity that some would prefer, it is hardly surprising. Knowing the necessary difference between what is theoretically desirable and what is politically acceptable is one of the first laws of practical and successful administration.

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