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Energy Finance Exam 1 Questions And Answers 2025
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Energy Finance Exam 1 Questions And Answers 2025
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Terms in this set (100) Q&AEnergy Finance Exam 1 Questions And
Answers 2025
___ are those portions of reservoir natural gas which are separated from
natural gas and liquefied in a gas processing plant during midstream
processing. These hydrocarbons include ethane, propane, butane, and
pentane. - natural gas liquids (NGLs)
___ is a market situation where prices are progressively lower in distance
delivery months - backwardation
___ is a term used to describe the processing, storage, and transportation
sectors within the oil and gas industry. - Midstream
,Terms in this set (100) Q&A
___ only exists as a liquid under very high pressures or at extremely low
temperatures. It is recovered and transported in either the liquid or gaseous
state, principally for use as feedstock to produce ethylene, the most
important basic petrochemical produced today - Ethane
____ is the cleanest, quickest, and most cost-efficient way to extend
today's energy supply in the future. - Energy efficiency
"sweet" or "sour" refers to the amount of ____ in the crude oil - Sulfur
2 groups of base chemicals - Olefins (ethylene & propylene) and Aromatics
(benzene)
3 categories of petroleum products - 1. Light distillates (LPG, naphtha,
gasoline)
2. Middle distillates (kerosene, diesel)
3. Heavy distillates (heavy fuel oil, lubricants, asphalt, petroleum coke)
3 elements a trap requires - 1. A porous reservoir rock to accumulate the oil
and gas
2. An overlying impermeable rock to prevent the oil and gas from escaping
3. A source for the oil and gas, typically black waxy shales
, Terms in this set (100) Q&A
3 facts about Current ratio - 1. Calculated by dividing current assets by
current liabilities
2. Shows how well the company is able to meet short-term financial
obligations
3. Higher ratio is better and indicates greater liquidity
3 general properties of reservoirs - Porosity, Permeability, and Reservoir
homogeneity
3 major classes of hydrocarbons - 1. Paraffins- saturated chains
2. Naphthenes- saturated rings
3. Aromatics- unsaturated rings
3 processing categories of primary refining units - Distillation, Conversion
Process (cracking and non-cracking), and Treatment and Blending
3 stages of the Energy Value Chain - 1. Base chemicals
2. Intermediates and derivatives
3. Consumable products
A gas station represents which segment of the oil and gas industry -
Downstream
A light sweet crude will have a ____ API and ____ percent of sulfur -
higher; lower
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