Major Oil and Gas Fields of the World | Triple Diamond Energy

Major Oil & Gas Fields of the World - Sponsored by Triple Diamond Energy Corporation


	Major Oil & Gas Fields
	For many years falling oil prices have discouraged exploration, but the current surge in oil prices have led to a number of new oil fields being developed. As a result, oil supplies are poised to grow much faster than they have in recent years. Industry experts project more major new oil fields coming on line each year through 2010. It is estimated that worldwide production capacity will increase 15%, from 87.9 million barrels per day currently to 101.5 million barrels by the end of the decade.

	More oil can also be extracted from existing fields by using advanced oil recovery methods. For example, by pumping CO2 into the pores of rock layers deep underneath existing wells additional oil can be forced to the surface. It is estimated that wells that have been producing oil for the past 100 years may still contain twice the oil as has been pumped to the surface in the past.



	This website is an informational website only, sponsored by Triple Diamond Energy. The site is intended as a convenient source of information. Triple Diamond Energy Corp. makes no warranties and is not responsible for your use of this information or for any errors or inaccuracies resulting from your use.

Horizontal drilling is one of the most important innovations in the history of the oil and natural gas industries. Horizontal drilling allows access to natural resource deposits that were previously unreachable by conventional drilling techniques. When using horizontal drilling techniques, not only can companies drill into resources under protected land without causing any environmental damage, they can also run their pipelines underground, reducing the problems associated with above ground pipelines. Another benefit of horizontal drilling is the ability to group wells together like a wheel pattern. From one location several wells can be drilled in different directions, fanning out from the center like a bicycle wheel. This practice not only reduces environmental damage, but it also makes the cost of drilling cheaper and less labor intensive.

The first step in drilling horizontally is to drill a small diameter pilot hole using what is known as a steerable bit. Steerable bits can cut rocks and other materials in any direction. While drilling the pilot hole, drillers analyze data sent from the bit to computers on the drilling rig, enabling them to be as precise as possible when steering the pilot hole into the proper location. When the pilot hole emerges in the proper location, a new bit is sent through the hole, making it wide enough to lay the necessary pipe into the hole.

Drilling horizontally has enabled oil companies to drill in areas where traditional vertical drilling is not possible. These places include underneath populated areas, bodies of water and difficult geological formations. Perhaps the best example is the Barnett Shale Oil and Natural Gas Reserve that is located beneath the Dallas-Ft. Worth area. Advances such as horizontal drilling have made access to the vast deposits of oil and natural gas under the heavily populated area a reality that has become very profitable for both the landowners and the oil and gas industry in and around the Dallas-Ft. Worth area. It is the innovation of horizontal drilling that has made this development possible.

Currently the principle of horizontal drilling is even being adapted to study ancient formations of rock and ice samples to aid climate scientists in battling climate change. Horizontal drilling has proved itself to be profitable for oil and natural gas companies and environmental groups as well. It is, no doubt, one of the most important innovations in the history of the oil and natural gas industries.

Fireplaces are meant to be enjoyed. The idea of gathering in front of the hearth on a chilly winter’s day is a cozy one, until the reality of building a wood fire in the fireplace sets in.

First, there is the hassle and expense of buying the wood. Once piled up outside, it must be sheltered from the rain and snow or brought in before it gets wet. Multiple trips back and forth are needed to bring enough for a long-lasting fire. Next are the issues of unwanted insects coming into the house with the wood, getting it started and having to frequently get up and add a log to the fire. Once it is finished and the embers have stopped glowing, the ashes need to be disposed of cleanly and safely.

For those who still cling to the idea of a nice fire in the fireplace, natural gas hearth products are the answer. There are many different types of fireplaces, inserts, logs and stoves using natural gas available on the market today.

They are divided into two categories, decoration or heat. The decorative variety has a focus on appearance, is pretty to look at and may provide radiant heat. The heaters generally refer to stoves and fireplaces that double as space heaters and raise room temperatures through convection.

Gas fireplaces and hearth equipment warm a room either through convection heat or radiant heat. Convection warms the air, which moves through the room and, in turn, heats up the room. Radiant heat raises the temperature of objects, which warm the area around them. When deciding on which type of natural gas fireplace or stove to get, it comes down to a matter of personal preference.

The advantages of both types are essentially the same. They burn cleaner than wood, create no ashes or creosote build-up and eliminate trudging back and forth to the outdoors to keep things going. With the newest technology, it is very difficult to distinguish gas logs from wood by simply looking at them. The cost of natural gas fireplaces is lower than the wood-burning variety; the fuel is cheaper and more convenient to purchase.

Gas fireplaces can be installed nearly anywhere in the home a gas line is available. They can go in the center of a room as a focal point, or be mounted against or into a wall. Most models are fitted with an on and off switch for convenience. There is little buffer room needed between the components and nearby surfaces, such as walls and carpeting. Different venting options are available to suit nearly any setup.

With the increase in features and versatility of fireplaces and stoves, hearth equipment joins the growing number of oil and gas products enhancing home décor. Triple Diamond Energy is an Oil and Gas Company operated by Chris Jent located in Dallas TX.

Major Oil & Gas Fields