Amity MBA 3 Sem Solve Assignment For Fundamentals of Oil & Gas Business

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Amity MBA 3 Sem Solve Assignment For Fundamentals of Oil & Gas Business

 

1 What is the methodology used to resolve the issue of European Network Model - Gas Flow Modelling?         2 What is the issue of European Network Model - Gas Flow Modelling?         3 What is the issue of hydraulic study of the Master Gas System Expansion?         4 What are the benefits of SynerGEE network modelling tool?         5 What is the methodology used to resolve the issue of Hydraulic Study of the Master Gas System Expansion?   6.   Draw a block diagram showing the flow of gas and its components from a gas field offshore to further processing and generation of ethylene based petrochemicals.   7.             What is natural gas? Describe the physical and chemical properties of natural gas.

 

Assignment B

Case Detail: There is no case study. You only need to answer the question

Write short notes on any four of the following:

1. Crude Oil and Natural Gas
2. History of Oil & Gas Industry
3. Types of drilling
4. Production configuration for Gas-Field
5. Product specifications for products to be refined in a refinery

ASSIGNMENT C

 

Question No: 1

Which of the following is an organization formed in 1961 to administer a common policy for the sale of petroleum?

 

1. Organization of Petroleum Importing Countries
2. Organization of Petroleum Exporting Countries
3. Organization of Oil Exporting Countries
4. Organization of Petrol Exporting Countries

 

Question No: 2

Kuwait’s oil reserves are the ------- largest in the world

 

1. Second
2. Third
3. Fourth
4. Fifth

 

Question No: 3

Which of the following is the world’s largest oil exporter?

 

1. Saudi Arabia
2. Russia
3. America
4. None of the above

 

Question No: 4

The single largest oil producing country in the world is

 

1. China
2. Russia
3. Saudi Arabia
4. Pakistan

 

Question No: 5

The production of Saudi Arabia is ------- million barriel oil per day

 

1. 10000
2. 10121
3. 10124000
4. None of the above

 

Question No: 6

During the ------- century, the industrial revolution created the demand of lighting, fuel and lubricating oils for the machineries

 

1. Eighteenth
2. Twenty
3. Forty
4. None of the Above

 

Question No: 7

The first effort for production of petroleum by digging wells were reported in ------- in the year 600 BC.

 

1. India
2. Russia
3. China
4. USSR

 

Question No: 8

Plastic end products like Polythene and PVC are made by polymerization of ------- and vinyl chloride.

 

1. Ethylene
2. Methyle
3. Ethane
4. Chlorine

 

Question No: 9

Vinyl chloride is made by reaction of ethane with -------

 

1. Ethylene
2. Methyle
3. Ethane
4. Chlorine

 

Question No: 10

In India, the oilfield in Digboi was discovered during the later part of ------- century

 

1. Eighteenth
2. Nineteenth
3. twenth
4. Twenty first

 

Question No: 11

Application of asphalt was also made for the construction of

 

1. Oil refinerys
2. Wells
3. Pyramids.
4. All of the above

 

Question No: 12

The two types of sales forecasts are -

 

1. Industry and the market sales forecasts
2. Industry and the price forecasts
3. Industry and the company sales forecasts
4. None of the above

 

Question No: 13

The new product development process starts with -

 

1. Screening
2. Idea generation
3. Product development
4. None of the above

 

Question No: 14

The process of creating and developing product specifications that optimize the function, value and appearance of a product is -

 

1. Product design
2. Market design
3. Industrial design
4. None of the above

 

Question No: 15

Setting a price at or near competitive levels is -

 

1. Penetration pricing
2. Parity pricing
3. Competition pricing
4. Both (a) and (c)

 

Question No: 16

In advertising, GRP stands for –

 

1. Grand rating points
2. Growth rating points
3. Gross rating points
4. None of the above

 

Question No: 17

Inventory cost is -

 

1. Annual sales/inventory turnover X inventory carrying cost
2. Total sales/inventory carrying cost
3. Total cost/annual cost
4. Both (b) and (c)

 

Question No: 18

The systematic design, collection, analysis, and reporting of data relevant to a specific marketing situation facing an organization is -

 

1. Market research
2. Marketing research
3. Product research
4. Both (a) and (c)

 

Question No: 19

The collection of businesses and products that make-up the company is -

 

1. Product portfolio
2. Business portfolio
3. Market portfolio
4. Both (a) and (c)

 

Question No: 20

Two or more outlets that are commonly owned and controlled are -

 

1. Business stores
2. Chain stores
3. Products
4. None of the above

 

Question No: 21

Naphthenes consist of carbon rings, with/without side chains

 

1. TRUE
2. False
3. Can't Say
4. None of the Above

 

Question No: 22

The more number of carbon atoms a hydrocarbon molecule has

 

1. The heavier it is
2. The lighter it is
3. The more number of hydrogen atoms a hydrocarbon molecule has the heavier it is
4. None of the above

 

Question No: 23

The phase of the hydrocarbon depends on the ------- joined together in a chain

 

1. Number of carbon and hydrogen atoms
2. Number of hydrogen atoms
3. Number of carbon atoms
4. The statement is irrelevant as there are no phases of hydrocarbons

 

Question No: 24

LNG is known as

 

 

 

1. Liquid Nitrogen gas
2. Liquified Nitrogen gas
3. Liquid Neon gas
4. Liquified Neon gas

 

Question No: 25

The hydrocarbons in Natural gas can be -------

 

1. Methane
2. Ethane
3. Propane
4. All of the above

 

Question No: 26

Crude oil is popularly known as

 

1. Well fluid
2. Oilfield
3. Petroleum
4. Petro Chemical

 

Question No: 27

One million tons per year of crude is equal to

 

1. Fifteen thousand
2. Ten thousand
3. Twenty thousand
4. Twenty five thousand

 

Question No: 28

A barrel of average crude oil weighs ------- ton, as a thumb rule

 

1. 0.15
2. 0.2
3. 0.1
4. 0.25

 

Question No: 29

Which among the following is recovered from underground reservoirs, normally 1000 – 5000 meters down the earth.

 

1. Petrol
2. Well fluid
3. Crude Oil
4. Carbon dioxide

 

Question No: 30

The fluid that comes out of the well in an oilfield or gas field is called

 

1. Well fluid
2. Reservoir
3. Petrol
4. All of the above

 

Question No: 31

To produce ------- from the reservoir, wells are drilled through the surface of the earth.

 

1. Oil
2. Gas
3. Liquid
4. Petrol

 

Question No: 32

The surface on earth below the reservoir is called

 

1. Oilfield
2. gas field
3. Condensate field
4. None of the above

 

Question No: 33

The solid and semi-solid forms of petroleum are called

 

1. Asphalt and Tar
2. Tar and Asphalt
3. Tar and coal
4. None of the above

 

Question No: 34

Which among the following are the combinations of carbon and hydrogen atoms?

 

1. Methane
2. Wax
3. Ethane
4. All of the above

 

Question No: 35

The most accepted theory for the occurance of hydrocarbons is

 

1. Petroleum theory
2. Inorganic theory
3. Organic theory
4. Fundamental theory

 

Question No: 36

Petroleum is a word derived from the ------- words Petra and Oleum

 

1. French
2. Latin
3. German
4. American

 

Question No: 37

It is important to understand the trend and future of the industry in terms of -------

 

1. Technology
2. Economics
3. Pricing
4. All of the above

Question No: 38

More than ------- percent of the energy needed in the world is provided by oil and gas.

 

1. 80
2. 60
3. 65
4. 72

 

Question No: 39

Oil business has been responsible for prosperity, war, intrigues and adventure

 

1. Prosperity
2. War
3. Intrigues
4. All of the above

 

Question No: 40

The history of oil traces back to seepages of oil as early as ------- B.C.

 

1. 3000
2. 2000
3. 1500
4. 4000

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