Oil & Gas Exploration & Production: IIBM papers: Contact at assignmentssolution@gmail.com
IIBM Institute of Business Management
IIBM Institute of Business Management
Examination Paper MM.100
Oil & Gas Exploration & Production
Section A: Objective Type & Short Questions (30 Marks)
? This section consists of Multiple choice and Short Note type questions
? Answer all the questions.
? Part one carries 1 mark each and Part Two carries 5 marks each.
Part One:
Multiple choices:
1. Which of the following is not a Primary Energy Source?
a. Oil
b. Natural Gas
c. Electricity
d. Wood
2. Which of the following is a renewable energy source?
a. Bitumen
b. Solar Energy
c. Coal
d. Natural Gas
3. Which of the following States in India does not have proven coal reserve?
a. Andhra Pradesh
b. Madhya Pradesh
c. Kerala
d. West Bengal
4. X-Ray is a form of
a. Chemical Energy
b. Radiant Energy
c. Thermal Energy
d. Potential Energy
5. Ratio of maximum demand to connected load is termed as:
a. Load factor
b. Power factor
c. Demand factor
d. Form factor
6. The objective of energy management is
a. To minimize energy costs
b. To minimize environmental effects
c. a & b
d. None of the aboveExamination Paper of Oil & Gas Management
6
IIBM Institute of Business Management
7. Moderation of chilled water temperature for process is
a. Matching energy usage to requirement
b. Increasing system efficiency
c. None of the above
d. a & b
8. ESCO stands for
a. Energy supply company
b. Energy Service Company
c. Energy Standards Company
d. Energy sourcing company
9. Specific energy Consumption can be expressed in which of the following units.
a. Tone / Kwh
b. KCal / Kg
c. Kcal / Kwh
d. None of the above
10. Greenhouse effect refers to increase in
a. Global temperature
b. Carbon monoxide
c. Atmospheric pressure
d. Greenery
Part Two:
1. What are the immediate term energy strategies recommended?
2. How benchmarking of energy consumption internally and externally may be useful.
3. What are the duties and responsibilities (five each) of Energy Manager as per the Energy
Conservation Act 2001?
4. Define project and mention various steps involved in Project Management
5. Explain briefly about Emission Trading?
END OF SECTION A
Section B: Caselets (40 marks)
? This section consists of Caselets.
? Answer all the questions.
? Each caselet carries 20 marks.
? Detailed information should form the part of your answer (Word limit 150 to 200 words).
Caselet 1
The new CEO of Viking Wind AS has great ambitions for his company in Norway. He intends to
develop offshore wind activities on the Norwegian continental shelf, a sector which has suffered fromExamination Paper of Oil & Gas Management
7
IIBM Institute of Business Management
a lack of initiatives. The mapping data he has received shows that there are several areas of great
potential for offshore wind along the Norwegian coast, but he knows that the petroleum industry may
also be interested in the same areas. The CEO needs now to draft his strategy before presenting it at
the board meeting of the company. His idea is to look at both the challenges and interaction
opportunities created by the regulation of petroleum activities for offshore wind.
You are working as legal counsel for Viking Wind AS. The CEO has asked you to advise him on how
the relationship between petroleum activities and other activities, such as offshore wind, is regulated
in Norway. He asks that you submit a memo answering the following questions:
Questions:
1. In the situation where there is no pre-existing petroleum activity in the targeted area but the
area is under opening: what are the main rules, procedures and legal requirements addressing
the interaction between petroleum activities and other activities?
2. In the situation where the area is already opened to petroleum activities: what are the main
rules, procedures and legal requirements addressing the interaction between petroleum
activities and other activities?
Caselet 2
Large parts of the a continental shelf are often referred to as mature areas, being characterized by a
combination of falling production, declining levels of remaining reserves and new discoveries, and a
declining average field size.
Questions:
1. Describe, analyze and give your own critical evaluation of the main aspects of the petroleum
regime which either directly or indirectly can be deemed to address these challenges.
END OF SECTION B
Section C: Applied Theory (30 marks)
? This section consists of Long Questions.
? Answer all the questions.
? Each question carries 15 marks.
? Detailed information should form the part of your answer (Word limit 200 to 250 words).
1. Explain in detail the methodology for conducting a detailed energy audit. A detailed energy
audit is carried out in three phases:
a) Pre-audit phase
b) Audit phase &
c) Post Audit phase
2. Explain in detail the difference between Energy Conservation and Energy efficiency and its
relevance.Examination Paper of Oil & Gas Management
8
IIBM Institute of Business Management
3. Explain in detail about Ozone Layer depletion process ad its various effects
END OF SECTION C
IIBM Institute of Business Management
IIBM Institute of Business Management
Examination Paper MM.100
Oil & Gas Exploration & Production
Section A: Objective Type & Short Questions (30 Marks)
? This section consists of Multiple choice and Short Note type questions
? Answer all the questions.
? Part one carries 1 mark each and Part Two carries 5 marks each.
Part One:
Multiple choices:
1. Which of the following is not a Primary Energy Source?
a. Oil
b. Natural Gas
c. Electricity
d. Wood
2. Which of the following is a renewable energy source?
a. Bitumen
b. Solar Energy
c. Coal
d. Natural Gas
3. Which of the following States in India does not have proven coal reserve?
a. Andhra Pradesh
b. Madhya Pradesh
c. Kerala
d. West Bengal
4. X-Ray is a form of
a. Chemical Energy
b. Radiant Energy
c. Thermal Energy
d. Potential Energy
5. Ratio of maximum demand to connected load is termed as:
a. Load factor
b. Power factor
c. Demand factor
d. Form factor
6. The objective of energy management is
a. To minimize energy costs
b. To minimize environmental effects
c. a & b
d. None of the aboveExamination Paper of Oil & Gas Management
6
IIBM Institute of Business Management
7. Moderation of chilled water temperature for process is
a. Matching energy usage to requirement
b. Increasing system efficiency
c. None of the above
d. a & b
8. ESCO stands for
a. Energy supply company
b. Energy Service Company
c. Energy Standards Company
d. Energy sourcing company
9. Specific energy Consumption can be expressed in which of the following units.
a. Tone / Kwh
b. KCal / Kg
c. Kcal / Kwh
d. None of the above
10. Greenhouse effect refers to increase in
a. Global temperature
b. Carbon monoxide
c. Atmospheric pressure
d. Greenery
Part Two:
1. What are the immediate term energy strategies recommended?
2. How benchmarking of energy consumption internally and externally may be useful.
3. What are the duties and responsibilities (five each) of Energy Manager as per the Energy
Conservation Act 2001?
4. Define project and mention various steps involved in Project Management
5. Explain briefly about Emission Trading?
END OF SECTION A
Section B: Caselets (40 marks)
? This section consists of Caselets.
? Answer all the questions.
? Each caselet carries 20 marks.
? Detailed information should form the part of your answer (Word limit 150 to 200 words).
Caselet 1
The new CEO of Viking Wind AS has great ambitions for his company in Norway. He intends to
develop offshore wind activities on the Norwegian continental shelf, a sector which has suffered fromExamination Paper of Oil & Gas Management
7
IIBM Institute of Business Management
a lack of initiatives. The mapping data he has received shows that there are several areas of great
potential for offshore wind along the Norwegian coast, but he knows that the petroleum industry may
also be interested in the same areas. The CEO needs now to draft his strategy before presenting it at
the board meeting of the company. His idea is to look at both the challenges and interaction
opportunities created by the regulation of petroleum activities for offshore wind.
You are working as legal counsel for Viking Wind AS. The CEO has asked you to advise him on how
the relationship between petroleum activities and other activities, such as offshore wind, is regulated
in Norway. He asks that you submit a memo answering the following questions:
Questions:
1. In the situation where there is no pre-existing petroleum activity in the targeted area but the
area is under opening: what are the main rules, procedures and legal requirements addressing
the interaction between petroleum activities and other activities?
2. In the situation where the area is already opened to petroleum activities: what are the main
rules, procedures and legal requirements addressing the interaction between petroleum
activities and other activities?
Caselet 2
Large parts of the a continental shelf are often referred to as mature areas, being characterized by a
combination of falling production, declining levels of remaining reserves and new discoveries, and a
declining average field size.
Questions:
1. Describe, analyze and give your own critical evaluation of the main aspects of the petroleum
regime which either directly or indirectly can be deemed to address these challenges.
END OF SECTION B
Section C: Applied Theory (30 marks)
? This section consists of Long Questions.
? Answer all the questions.
? Each question carries 15 marks.
? Detailed information should form the part of your answer (Word limit 200 to 250 words).
1. Explain in detail the methodology for conducting a detailed energy audit. A detailed energy
audit is carried out in three phases:
a) Pre-audit phase
b) Audit phase &
c) Post Audit phase
2. Explain in detail the difference between Energy Conservation and Energy efficiency and its
relevance.Examination Paper of Oil & Gas Management
8
IIBM Institute of Business Management
3. Explain in detail about Ozone Layer depletion process ad its various effects
END OF SECTION C
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