View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 10.

Multiple Choice Questions

1. In 1988, the Saudi Arabian government raised the estimate of oil reserves in the country to what level?
(a) 450 billion barrels.
(b) 350 billion barrels.
(c) 300 billion barrels.
(d) 400 billion barrels.

2. At the time of writing this book, Saudi Arabia had produced how many barrels of oil in the past 17 years?
(a) 38 billion.
(b) 46 billion.
(c) 34 billion.
(d) 42 billion.

3. What is the name of the Saudi Arabian national oil company?
(a) Saudi Oil.
(b) Saudi Texaco.
(c) Saudi Aramco.
(d) Saudi Gas and Petroleum.

4. Before drilling begins, a field's production rate and ________ ______ are calculated.
(a) Depletion curve.
(b) Declining curve.
(c) Devolution curve.
(d) Depreciation curve.

5. In 2005, what is the only country in the world with unused oil capacity?
(a) Kuwait.
(b) United States.
(c) Saudi Arabia.
(d) Bahrain.

Short Answer Questions

1. In what year did Abqaiq start operating?

2. One of the discoveries made between 2004 and 2006 is known as what type of reserve?

3. In 2005, the world's demand for oil exceeds what?

4. Socony-Vaccum became which company?

5. The new technology that Saudi Arabia has been implementing in their wells is associated with wells that have what?

(see the answer key)

This section contains 200 words (approx. 1 page at 300 words per page) View a FREE sample