BP plc · LSE:BP.
BP — Investor Presentation (June 2016)
27 slides from BP's investor presentation, June 2016
Slide 1: Oil Products
Oil Products BP Schools Link
Slide 2: What we'll do today
What we’ll do today Think about why oil is so important Discover how oil is formed Have fun finding out about what goes on in an oil reservoir Build some models of the different molecules that are found in crude oil, and find out how they can be separated Investigate different viewpoints around the
Slide 3: What does BP do?
What does BP do? BP Schools Link – Oil Products 3
Slide 4: What does BP do?
What does BP do? BP Schools Link – Oil Products 4
Slide 5: BP is an 'energy business'
What does BP do? BP is an ‘energy business’ BP Schools Link – Oil Products 5
Slide 6: What does BP do?
What does BP do? BP Schools Link – Oil Products 6
Slide 7: Products from crude oil
Products from crude oil BP Schools Link – Oil Products 7
Slide 8: The story of oil
The story of oil The story of oil started millions of years ago: Plants and animals died These were covered by sediments in seas and swamps This stopped them decaying BP Schools Link – Oil Products 8
Slide 9: The story of oil
The story of oil More sediments accumulated The remains were squeezed by immense pressure and heat Kerogen was formed, a substance from which oil and gas are created BP Schools Link – Oil Products 9
Slide 10: The story of oil
The story of oil BP Schools Link – Oil Products 1
Slide 11: Oil is held in tiny pores in rocks called 'source rocks'
Oil is held in tiny pores in rocks called ‘source rocks’ Pressure and heat squeeze the oil into neighbouring porous rock This process is called migration Migration stops when impermeable rock is reached This creates a seal, which traps the oil in the porous rock – known as a reservoir BP Schools Lin
Slide 12: A petroleum system
A petroleum system Together: Source rocks Migration paths Traps Reservoir rock …make up a petroleum system BP Schools Link – Oil Products 1
Slide 13: Exploring for oil
Exploring for oil Who? Geologists Geophysicists Together, they look for the best ‘petroleum systems’ around the world BP Schools Link – Oil Products 1
Slide 14: Exploring for oil
Exploring for oil How? Conventional geology Aerial photography Satellite imagery Geophysical techniques The single, most important way is through seismic surveys BP Schools Link – Oil Products 1
Slide 15: Seismic surveys
Seismic surveys BP Schools Link – Oil Products 1
Slide 16: Visualising the oil underground
Visualising the oil underground HIVEs (Highly Immersive Visual Environments) enable people with different skills to work and interact together, sharing a ‘common mental picture’ of specific sites BP Schools Link – Oil Products 1
Slide 17: Developing the field
Developing the field Onshore or offshore – both present technical and environmental challenges Facilities must maximise production at minimum cost, taking every precaution to minimise risk and environmental impact BP Schools Link – Oil Products 1
Slide 18: Pores and pressure
Pores and pressure BP Schools Link – Oil Products 1
Slide 19: Blow out!
Blow out! Oil under natural pressure gushing out of the first oil discovery in Persia in 1908 BP Schools Link – Oil Products 2
Slide 20: Blow out!
Blow out! BP Schools Link – Oil Products 2
Slide 21: Production
Production Crude oil is of little value when it comes out of the ground or from deep below the sea bed Crude oil found within each area is unique: - Some is dark and thick - Some is pale and flows easily BP Schools Link – Oil Products 2
Slide 22: Hydrocarbons
Hydrocarbons Crude oil contains hundreds of hydrocarbons Hydrocarbon molecules come in various lengths and structures Most look like long chains BP Schools Link – Oil Products 2
Slide 23: Hydrocarbons
Hydrocarbons The carbon atoms form the backbone, with hydrogen atoms attached either side: BP Schools Link – Oil Products 2
Slide 24: Separating hydrocarbons
Separating hydrocarbons Each hydrocarbon has a different boiling point We can separate these using fractional distillation Oil refineries include a giant fractionating tower where this happens BP Schools Link – Oil Products 2
Slide 25: Fractional distillation
Fractional distillation BP Schools Link – Oil Products 2
Slide 26: Fractional distillation
Fractional distillation Make a model of some products of fractional distillation Use this table to help you: Name Average no. carbon atoms in chain Methane 1 Liquefied petroleum gas 3 (LPG) Gasoline 8 Naphtha 10 Kerosene 12 Gas oil 20 BP Schools Link – Oil Products 2
Slide 27: To build or not to build?
To build or not to build? BP wants to build a new refinery You are a local resident Read your given role, think about how you might react, and why Share your reasons and debate the subject Vote! BP Schools Link – Oil Products 2