PETE Exam #1 Questions & Answers
(Grade A+)
List the variables that move oil prices in order -
correct answer ✅1)Consumption
2)Production
3)Inventories
4)Spare Production Capacity
5)Geopolitical Risks
6)Market Variables
Work to optimize production of oil and gas via proper well
placement, production rates, and enhanced oil recovery techniques
(asset managers) -
correct answer ✅Reservoir Engineer
Manage technical aspects of drilling exploratory, production and
injection wells (poking hole in ground) -
correct answer ✅Drill Engineers
Include subsurface engineers, manage interface between reservoir
and well, including perforations, sand control, downhole flow
control, downhole monitoring equipment; evaluate artificial lift
methods; and also select surface equipment that separates the
, PETE Exam #1 Questions & Answers
(Grade A+)
produced fluids (oil, natural gas, water) -
correct answer ✅Production Engineers
Evaluates the well to determine the ability of the borehole to
produce petroleum (petrophysicists) -
correct answer ✅Well Log Analysts
The interconnected pore volume or void space in a rock that
contributes to fluid flow or permeability in a reservoir. This excludes
isolated pores and pore volume occupied by water adsorbed on
clay minerals or other grains. -
correct answer ✅Effective Porosity
The total void space in the rock whether or not it contributes to
fluid flow. -
correct answer ✅Total Porosity
Petroleum was formed from the remains of plants and animals -
correct answer ✅Organic Theory
Petroleum is either left over from the formation of the solar system
or was formed later deep within the earth when hydrogen and
(Grade A+)
List the variables that move oil prices in order -
correct answer ✅1)Consumption
2)Production
3)Inventories
4)Spare Production Capacity
5)Geopolitical Risks
6)Market Variables
Work to optimize production of oil and gas via proper well
placement, production rates, and enhanced oil recovery techniques
(asset managers) -
correct answer ✅Reservoir Engineer
Manage technical aspects of drilling exploratory, production and
injection wells (poking hole in ground) -
correct answer ✅Drill Engineers
Include subsurface engineers, manage interface between reservoir
and well, including perforations, sand control, downhole flow
control, downhole monitoring equipment; evaluate artificial lift
methods; and also select surface equipment that separates the
, PETE Exam #1 Questions & Answers
(Grade A+)
produced fluids (oil, natural gas, water) -
correct answer ✅Production Engineers
Evaluates the well to determine the ability of the borehole to
produce petroleum (petrophysicists) -
correct answer ✅Well Log Analysts
The interconnected pore volume or void space in a rock that
contributes to fluid flow or permeability in a reservoir. This excludes
isolated pores and pore volume occupied by water adsorbed on
clay minerals or other grains. -
correct answer ✅Effective Porosity
The total void space in the rock whether or not it contributes to
fluid flow. -
correct answer ✅Total Porosity
Petroleum was formed from the remains of plants and animals -
correct answer ✅Organic Theory
Petroleum is either left over from the formation of the solar system
or was formed later deep within the earth when hydrogen and
