JPT Quiz: Do You Really Know E&P? - Mock Up Answers

Explanation and related resources for the questions of the first JPT weekly quiz.

placeholder-ad-banner2.png


1. Digital twins was initially used as a way to:

  1. Spacecraft designers used them to predict performance in extreme conditions.
  2.  Fighter aircraft makers needed a way to simulate combat.
  3. Movie makes wanted to create ultrarealistic special effects.
  4. Cancer researcher were looking for a way to see how different drugs would perform in different bodies.

Correct Answer: Spacecraft designers used them to predict performance in extreme conditions
Explanation: NASA created them because it had no other way predict space flight performance.

Read More on E&P Digital Twins here: Finding Meaning, Application for the Much-Discussed "Digital Twin"


2. The 10 OPEC countries have combined 12 non-OPEC countries to limit production. The group is referred to as:

  1. OP22
  2. Vienna Group
  3. OPEC/NOPEC
  4. The Cartel

Correct answer: Vienna Group
Explanation: The BP annual report uses the name, which refers to the city that is home to OPEC.

Read more on the current supply/demand scenario: The Big Unknowns for World’s Balancing Act of Supply and Demand


3. There is a growing number of wells injecting produced water in what deep formation in the Permian:

  1. San Andres
  2. Yeso
  3. Ellenburger
  4. Mountain Group

Correct Answer: Ellenburger
Explanation: The use of the deep Ellenburger is rising as the shallower San Andres and  Mountain Group are near capacity.

Read more on Permian produced water: Rising Tide of Produced Water Could Pinch Permian Growth


4. Oil exporting tankers are known by the acronym based on their size. What is the smallest on the list below?

  1. AFRAMAX
  2. SUEZMAX
  3. VLCC
  4. PANAMAX

Correct Answer: PANAMAX
Explanation: The narrow Panama Canal channel limited tanker sizes. Widening the canal led to a new class called the New Panamex.

Read more about Oil Tankers and PANAMAX on Wikipedia.


5. ConocoPhillips is reportedly considering a major sale of its North Sea assets. In which of these fields is the company not the operator?

  1. Britannia
  2. Judy/Joanne, Jade, and Jasmine
  3. Ekofisk
  4. Heidrun field

Correct Answer: Heidrun Field
Explanation: ConocoPhillips owns 24% interest in field operated by Statoil.

Read more: ConocoPhillips Considering Sale of North Sea Assets?