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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. From 1950-1982, OPEC published information on production levels for each field how often?
(a) Once a decade.
(b) Once every five years.
(c) Never.
(d) At least once a year.

2. In what year did Abqaiq start operating?
(a) 1966.
(b) 1946.
(c) 1986.
(d) 1926.

3. What evidence is there to support Saudi Arabia's claim that there is enough oil in their fields to last forever?
(a) Independent investigations.
(b) Nothing.
(c) Scientific evidence.
(d) Government reports.

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

5. Why did the reports on the production levels for each field end?
(a) They were not helpful to anyone.
(b) They were considered security breaches.
(c) They were too expensive.
(d) No one knows the true reason.

Short Answer Questions

1. When was Saudi Arabia established?

2. When did the oil production in southern Ghawar reopen?

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

4. When did prorating end?

5. In 1990, what percentage of Berri's wells were shut down?

Short Essay Questions

1. What important discovery occurred in 1996?

2. Why is the discovery of the Hawtah Trend not an answer to Saudi Arabia's oil production problem?

3. Based on examples from around the world, what does the author conclude about the peak/decline cycle?

4. What did the G.A.O. report investigate, and what was its conclusion?

5. What does new technology and techniques enable to oil industry to do with aging fields?

6. What is the main thing that paints a gloomy picture of oil in Saudi Arabia?

7. Why are the facts in the SPE papers about Ghawar hard to ignore?

8. Why are estimated recovery figures highly inaccurate?

9. When and why did the Middle East become associated with oil production?

10. Why did Saudi Aramco call in Mobil, and what did they do?

(see the answer keys)

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