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15. Answer the following questions.

1. What topics does PE cover?

2. How has the toolbox of the petroleum engineer been drastically improved?

3. Can you say that petroleum engineers are held to a high standard? Prove it.

4. Why is petroleum engineering considered to be the highest paid discipline?

6. What are the types of petroleum engineers?

7. What PE branches do you know?

8. What do reservoir engineers specialize in?

9. What fields are drilling engineers involved in?

10. What processes are drilling engineers responsible for?

16. Work in pairs.

You are going to explore a new oil field. Student A -a reservoir engineer and Student B - a drilling engineer. Discuss the distribution of your responsibilities and order of operations. Use as many expressions under study as possible.

17. Discuss the following issues.

1. The significance of petroleum engineering nowadays.

2. The reasons for high payment for petroleum engineering job.

3. The main types of petroleum engineers.

  1. Reservoir engineers (their responsibilities, areas of specialization).

  2. Drilling engineers (their responsibilities, areas of specialization).

18. Role Play the following situation.

Imagine that one of you is a TV/Radio Presenter with an oil industry background and the rest are the representatives of an oil company and you are having 5 min talk show regarding the company you work for, your roles and responsibilities and current energy sector state.

19. Prepare a poster -presentation “My specialty, its prospects and future”.

Unit 2 oil companies

Oil company is an industry that produces and delivers oil and oil products.

Lead-in

Name all the Western and Russian oil companies you know.

What company would you like to work in? Why?

What position would you like to occupy?

Terms and Vocabulary

Midstream

Мидстрим

refining

переработка

refinery

нефтеперерабатывающий завод

crude oil

сырая нефть

natural gas

природный газ

retail outlets

предприятия розничной торговли

commodities

изделия, товары

natural gas liquids (NLG)

сжиженный газ

headquarters/head office/central office

центральный офис

revenue

годовая прибыль

procurement

материально-техническое обеспечение

listing

номенклатура

processing

переработка

subsidiary

дочернее предприятие

core business

основной вид деятельности

trading

продажа

shipping

перевозка

high gravity

высокий удельный вес

оpen joint stock company

открытое акционерное общество (ОАО)

RTS - Russian Trading System

Российская торговая система

NYSE - New-York Stock Exchange

Нью-йоркская фондовая биржа

LSE - London Stock Exchange

Лондонская фондовая биржа

market value

рыночная стоимость

HSE - Health, Safety and Environment

охрана труда, окружающей среды и техника безопасности

seismic acquisition

сейсмические исследования

seismic processing

обработка сейсмических данных

formation evaluation

определение параметров пласта

well testing

испытание скважины

directional drilling

наклонно-направленное бурение

report to smb.(v)

подчиняться кому-либо

Asset Based Organisation (ABO)

организационная структура на базе активов

asset

актив

functional approach

функциональный подход

allocate budget

распределять бюджетные средства

set targets

устанавливать цели/плановые показатели

HR (Human Resources)

отдел кадров

General Director (GD)

ген. директор

Chief Engineer

главный инженер

Chief Geologist

главный геолог

CFO – Chief Financial Officer

финансовый директор

CEO – Chief Executive Officer

главный исполнительный директор

EVP – Executive Vice-President

исполнительный вице президент

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