翻譯：THE OPEC oil cartel is about to turn 40, and the mood in the run-up to the grand heads-of-state party in Venezuela in less than three weeks time is jubilant. Not quite two years ago,oil was $10 a barrel and the cartel was on the brink of collapse. Now the oil price is well above $30 a barrel, and it shows little sign of coming down.

翻譯：A third means of assessing the maturity of rocks is by the pyrolysis of a small amount of the source rock. The temperature is raised rapidly and the material vaporized or formed by thermal breakdown of the kerogen is passed through a detector which records, on a temperature base, peaks representing these two bursts of volatile material. To a first approximation the peak at the lower temperature represents oil already generated; the peak at the higher temperature indicates oil capable of being generated at adequate maturity.

翻譯：Since the volume factors and the solution gas-oil ratio are determined from laboratory measurements on samples of reservoir fluid at reservoir temperature and various pressures, these parameters are effective substitutes for detailed phase equilibrium data in most production calculations. However, these parameters are unknown at the time that exploration well tests are run, and hence they are estimated from correlation charts.

翻譯：Nearly three-fifths of all known petroleum reserves on Earth is to be found in the territory of the various Arabic-speaking countries. Kuwait , for instance , which is a small nation at the head of the Persian Gulf , with an area only three-fourths that of Massachusetts and a population of about half a million , posseses about one-fifth of all the known petroleum reserves in the world.

翻譯：It has been suggested that an effective oil source rock generates 10-40 bbl or oil per acre ft (0.0013-0.0052 cc/cc) for each one per cent of organic carbon. This is approximately 500-2000 ppm by weight.

翻譯：The first step in planning a well should be the gathering of all available data on past wells. In this respect it is important to be completely familiar with all sources of information, the availability of the sources, and the information normally associated with each source.

翻譯：For example ,the determination of the pump-setting depth and size of plunger that will lead to the maximum pumping rate in a particular well is a problem of considerable difficulty, which even today has not been fully or saris factorial solved; another interesting problem is that of gas anchors(bottom-hole separators); yet another is the interpretation of the results obtained form devices for determining the depth of the fluid level in the annulus during pumping.

翻譯：A porous medium has a permeability of one darcy when a single phase fluid of one centipoise viscosity that completely fills the voids of the medium, will flow through it under conditions of viscous flow at a rate of one cubic centimeter per second per square centimeter cross sectional area under a pressure or equivalent hydraulic gradient of one atmosphere per centimeter.

翻譯：crude petroleum is not an equilibrium mixture, and on a geological time scale its composition is slowly changing. S.R.silverman found that heating at 121C for two weeks caused detectable changes, the low-molecular-weight components formed being isotopically lighter so far as the carbon was concerned, than the original.

翻譯：Gas lift is particularly applicable for lifting wells where high-pressure gas is available.Gas compressors may have been installed for gas injection, or high-pressure gas wells may be nearby. Since the cost of compression far exceeds the cost of down hole gas lift equipment, gas lift always should be considered when an adequate volume of high-pressure gas is available for wells requiring artificial lift. Most wells can be depleted by gas lift,which is particularly true since the implementation of reservoir pressure maintenance programs in most major oil fields.