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：Other additives are often added to the fracturing fluids for special proposes. Corrosion inhibitors may be used if the fracturing fluids might cause corrosion in the tubular goods in the well.Other additives are used to make the part of the fracturing fluid which is moving against the pipe walls behave almost like lubricating oil while the remaining fracturing fluid take an almost solid form to carry the maximum amount of proppant.

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：the fluid must be identified by direct measurement of certain properties. These measurements involve securing samples of the fluids from the field. The simplest procedure is to make measurements of the properties of the produced fluids. The API gravity of stock-tank oil and the producing gas-oil ratio are routinely determined. The gas-oil ratio is ordinarily the ratio of volume, in standard cubic feet, of gas from the separator to the volume of stock tank oil both measured over the same time interval. If good field practice is followed, the gravity of the separator gas is determined. These data, together with estimates or observations of the reservoir pressure and temperature, can be used to estimate the properties of the reservoir fluids. Such estimates may be of limited accuracy.

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：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：The transportation of oil has also led to the spectacular development of gait ships ,the largest ships that ever sailed the oceans of the world .in the last few years ,since it has been necessary to ship oil from middle East-one of the largest oil producing regions-around the cap of Good Hope in south Africa these tanks has grown to almost unblievable proportions.

翻譯：Meanahile ,steel pipes that would carry the oil were being developed . These were the first oil pipelines which take the advantage of the fact the oil is a liqnid. The ideas of a pipeline were not new , water has been transported through pipes for handreds of year ,The oil pipeline were not accepted without a struggle, hower.

翻譯：A reservoir trap is a combination of physical conditions that will cause hydrocarbon liquids and/or gases and water to accumulate in porous and permeable rock and prevent them from escaping either laterally or vertically because of differences in specific gravity, pressure, fluid/gas characteristics, and/or lithology. It has the capability of collection, holding, and yielding hydrocarbon fluids and water.

翻譯：The primary limitations for gas lift operations are the lack of formation gas of an outside source of gas, wide well spacing, and available space for compressors on off-shore plat forms. Generally, gas lift is not applicable to single-well installations and widely spaced wells that are not suited for a centrally located power system.