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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. After drilling begins, the estimates are adjusted based on what?
(a) Current estimation techniques.
(b) Length of time it takes to drill.
(c) World price fluctuations.
(d) Actual performace data.

2. Where is Prudhoe Bay?
(a) Florida.
(b) Washington.
(c) Mexico.
(d) Alaska.

3. The new technology that Saudi Arabia has been implementing in their wells is associated with wells that have what?
(a) Had problems with their production.
(b) Declined in production.
(c) Increased in production.
(d) Held steady in production.

4. What industry does Matthew Simmons specialize in?
(a) Financial.
(b) Banking.
(c) Transportation.
(d) Energy.

5. When does the Middle East become associated with oil production?
(a) 1960's.
(b) 1940's.
(c) 1930's.
(d) 1950's.

6. The three northern sites of Ghawar represent what total of the field?
(a) 15%.
(b) 25%.
(c) 20%.
(d) 10%.

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

8. Which U.S. President supported the creation of the State of Israel?
(a) Johnson.
(b) Kennedy.
(c) Polk.
(d) Truman.

9. When did prorating end?
(a) 1970's.
(b) 1990's.
(c) 1960's.
(d) 1980's.

10. Experts estimate that more than what percent of Berri's oil will be unrecovered?
(a) 20 percent.
(b) 10 percent.
(c) 15 percent.
(d) 5 percent.

11. When did the United States's oil production peak?
(a) 2000.
(b) 1980's.
(c) 1970's.
(d) 1990's.

12. Who secured the first prospecting right in Saudi Arabia?
(a) SOCAL.
(b) AMCAL.
(c) NOCAL.
(d) USCAL.

13. Offshore exploration is banned in the United States except where?
(a) The Pacific Ocean.
(b) The Atlantic Ocean.
(c) The Gulf of Mexico.
(d) The coast of California.

14. With OPEC's secrecy regarding oil production levels, what is unclear?
(a) Whether Saudi Arabia will stay the number one oil producer.
(b) Whether OPEC countries can produce oil.
(c) Whether Saudi Arabia can continue production at high levels.
(d) Whether OPEC countries are engaged in price inflation.

15. Berri is located where?
(a) Offshore only.
(b) Onshore only.
(c) In sandstone.
(d) Onshore and offshore.

Short Answer Questions

1. Approximately how much does it cost to dispose of the water generated by oil production?

2. What type of zones are found in all three of the super-giant reservoirs in Saudi Arabia?

3. What kind of data surveys are used to help determine where to drill?

4. Who promised King Faisal's father that Saudia Arabia would be consulted on any U.S. decision involving Palestine?

5. Who developed Parallel Oil, Water, and Gas Reservoir Stimulator?

(see the answer keys)

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