• 한국석유지질학회:학술대회논문집
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• autumn
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• pp.53-53
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• 2000

• Journal of the Geological Society of Korea
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• v.54 no.6
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• pp.587-603
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• 2018

3-D petroleum system modeling was performed on the Jeju Basin, offshore southern Korea to analyze the hydrocarbon migration and accumulation as well as the generation and expulsion of the hydrocarbon, based on subsurface structure maps of respective sedimentary formations. The lowermost formation deposited in Eocene time was assigned as a source rock, for which a mixed kerogen of type II and III was input in the modeling of oil and gas generation in consideration of the sedimentary environment of fluvio-lacustrine condition. Initial TOC was 4% as an input, based on the analysis of the well data and sedimentary environment. The modeling results show that a considerable amount of hydrocarbons was generated and expelled from the source rocks at the western Joint Development Zone (JDZ) sub-block 4, where the hydrocarbons was migrated to the above reservoir rocks at 20 Ma. The oil and gas in the reservoir rocks of the JDZ sub-block 4 are accumulated into the prospects with closure structures that has already been formed at the nearby areas. Another generation of hydrocarbon occurs from the source rock at the eastern border area of JDZ sub-block 1 and 2, where the expulsion of the hydrocarbons occurs at 10 Ma from the source rock into the above reservoir rocks, in which the accumulation also is expected. The generation, migration and accumulation were retarded at the eastern area of the JDZ sub-block 1 and 2, compared with the area of the western JDZ sub-block 4. Based on the modeling results, it is estimated that gases migrated laterally and vertically in long distance whereas oil migrated laterally in shorter distance than gases. A substantial amount of hydrocarbon could have seeped out of the reservoir formations to the surface since the migration of oil and gas actively occurred in Miocene time before the formation of seals. However, the modeling shows that the hydrocarbon could be accumulated smoothly into the closed structures that can be formed locally by alternation of sand and shale beds.

• Environmental and Resource Economics Review
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• v.28 no.1
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• pp.121-145
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• 2019

This paper investigates the relationship between the oil price and the major petroleum products prices at the trading hubs such as Singapore, North West Europe and the US New York Harbor. We focus on the lead-lag relationship between the weekly petroleum prices from 2009 to 2016 based on the vector error correction model. We find that the oil price leads the prices of petroleum products in the long term, while there is bidirectional causality in the short term. On the other hand, prices of petroleum products in regions with high import dependency, such as Europe gas oil and jet fuel price, are exogenous in the long term. We also present evidence that prices of petroleum products in region with a large global-market share lead prices in other regions. However, if the region is in an over-production situation and low industry concentration, it may lose its price leadership due to intense competition. The result in this study can provide a useful information to petroleum refining companies in forecasting fluctuations of product price, and hence in planning their regional arbitrage trading activities.

• The Korean Journal of Petroleum Geology
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• v.10 no.1_2 s.11
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• pp.1-9
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• 2004

A total of 17 exploratory wells were drilled from the Block VI-1 and recently commercial gas field was discovered in the Ulleung Basin. Thermal maturity of organic matter in the sediments from the drilling wells were evaluated for the characterization of the petroleum system of the basin. Level of thermal maturation of organic matter is different depending on the area to area. The top of oil window is located at about 800 m in the Dolgorae 5 area, and it is relatively deeper in both western and northern areas. It seems that thermal maturity of organic matter reached present stage before tectonism in the deformed zone 2, whereas thermal maturation continued after tectonism in other zones.

• Journal of Energy Engineering
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• v.24 no.2
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• pp.1-8
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• 2015

Wax deposition hinders oil flow assurance. Huge amount of money and time were required for mitigation of wax deposition in the oil field. For prediction and mitigation of wax deposition problem, Wax Appearance Temperature(WAT), which is the temperature at which the first wax crystals start to form, needs to be measured in advance. There is a standard method which is optical way to measure the WAT of transparent oil. However, standard method cannot be applied to opaque oil which is common produced oil in the field. In this study, WAT of three transparent oil samples were measured using heat flux variation analysis, viscosity variation analysis and density variation analysis, and compared with WAT measured by standard method. As a result, WAT measured by density variation analysis is the more reliable than heat flux variation analysis and viscosity variation analysis. WAT of two opaque oils were measured using density variation analysis.

• Journal of Energy Engineering
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• v.25 no.1
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• pp.1-8
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• 2016

When the oil is produced in the low temperature environment, wax can be accumulated in petroleum production system(pipeline, riser) and causes problems such as pipeline stucking, disturbance of the oil production. These problems can be lead to time-consuming and economic losses for flow assurance. For prediction and mitigation of wax deposition, it is necessary to measure the Wax Appearance Temperature(WAT) which is a temperature when the wax crystals start to be formed. WAT standard measurement method of transparent oil has to determine the cloud point of sample to the naked eye and cannot be applied to continuous change of the temperature. In this study, wax behavior of transparent oil samples are recorded depending on temperature using Visualized WAT Measurement System. Also, WATs of transparent oil samples are measured by image processing and compared with the result of the standard method.

• Economic and Environmental Geology
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• v.42 no.1
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• pp.55-72
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• 2009

The timing of hydrocarbon generation and expulsion from source rocks can be evaluated by reconstructing the geohistory of the basin using petroleum system modeling. The Tyee basin is generally considered having a high hydrocarbon generation potential For the southern part of the basin, the basin evolution from a structural and stratigraphic points of view, the thermal history, and the burial history were reconstructed and simulated using numerical tools of basin modeling. An evaluation of organic geochemistry for the potential source rocks and the possible petroleum systems were analysed to improve the understanding of the hydrocarbon charge of the basin. Organic geochemical data indicate that the undifferentiated Umpqua Group, mudstones of the Klamath Mountains, and coals and carbonaceous mudstones in the Remote Member and the Coquille River Member are the most potential gas-prone source rocks in the basin. The relatively high maturity of the southern Tyee basin is related to deep burial resulting from loading by the Coos bay strata. And the heating by intrusion from the western Cascade arc also affects to the high maturity of the basin. The maturation of source rocks, the hydrocarbon generation and expulsion were evaluated by means of basin modeling. The modeling results reveal that the hydrocarbon was generated in all potential source rocks and an expulsion only occurred from the Remote Member.

• The Korean Journal of Petroleum Geology
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• v.11 no.1 s.12
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• pp.1-8
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• 2005

Seventeen exploratory wells have been drilled in the Block VI-1 of offshore Korea, which is located in the southern part or the Ulleung Basin. Gas show has been recognized from most of the wells, and gas and condensate have been accompanied in some wells. Commercial discovery of gas, accompanied by condensate, has been made from Gorae V well. The reservoir gases or the Dolgorae III, Gorae I, and Gorae V wells in the Ulleung Basin mainly consists of hydrocarbon gases (>93%). These gases are thermogenic wet gases which contain more than 96% of the methane and result from the cracking of petroleum or kerogen. Based on the chemistry and composition of the gases and stable isotope data, they seem to be generated from different source rocks. The condensates from the Gorae I and V wells are mostly generated from terrestrial organic matter. Lacustrine organic matter may not play an important role for the generation of these condensates. The condensates from the Gorae V wells consist predominantly of terrestrial organic matter but with minor subsidiary input from marine organic matter. The condensates from Gorse I and V wells may be generated from different source rocks. The thermal maturity level of the condensates from the Gorae V well ranges from early to middle oil generation zone and condensate from Gorae I reaches middle oil window. Correlation or the thermal maturation level of the condensates and organic matter in the sediments reveals that a depth of the generation of liquid hydrocarbons can be inferred to 3,000 m and 3,900 m for the Gorae V and I wells, respectively. Gorae V well, however, did not reach the target depth and the geochemical data of the Gorae I well were obscured due to the severe sediment caving in.

• The Korean Journal of Petroleum Geology
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• v.5 no.1_2 s.6
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• pp.48-58
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• 1997

Core samples from the B, E, F, H wells in the Tertiary Pohang Basin were analysed for total organic carbon (TOC) content and subject to Rock-Eval pyrolysis in order to assess petroleum geochemical characteristics of organic matter. Following geochemical screening, we selected samples from each well for the study of bitumen and kerogens such as optical observation, infra-red spectroscopy and biomarker analyses. Sediments of the Tertiary Yonil Group contain total organic carbon ranging from $0.55{\%} to 3.74{\%}$ with S1+S2 values higher than 2mgHC/g Rock in B, E and F wells, which indicates fair hydrocarbon generation potential. Most organic matter in the B, E, F wells is compared to type II based on the Rock-Eval pyrolysis, infra-red spectroscopy and optical observation. However, organic matter in the H well is compared to type III because the well is located at the margin of the basin where the preservation of terrestrial material is dominant. Geochemical analyses show that organic matter in the Yonil Group is thermally immature although thermal maturity slightly increases with depth. Maturity levels of the extracted kerogens are similar to those of bulk samples ($Tmax<435^{\circ}C$. Petroleum geochemical charateristics of the sediments in the Tertairy Yonil Group is fair in terms of the organic richness and hydrocarbon genetic potential, but organic matter is thermally immature due to the shallow burial depth. Optical observation of the kerogens and biomarker analysis show that organic matter in the Yonil Group is both marine and terrestrial origin, although it was deposited in marine environment. Pristane/phytane ratio suggests rather anoxic depositional environment. Transitional characteristics of organic matter indicate that the marine Yonil Group was deposited near the terrestrial environments. Input of terrestrial organic matter is more prevalent in the samples recovered from the lowermost horizon in the wells due to the terrestrial environment at the time of basin formation.

• Proceedings of the Korean Institute of Industrial Safety Conference
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• 2002.11a
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• pp.316-321
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• 2002

석유화학공업의 발달로 국내에서 생산되는 원유 및 납사 등의 물량이 크게 증가하였으며 이와 함께 석유화학산업의 부산물의 발생량도 크게 증가하였다. 프로판과 부탄 역시 석유화학산업의 부산물로 생성되는 품목들로 이것들에 대한 용도개발과 부가가치를 높이기 위한 연구가 필요하다. 국내에서의 LPG시장도 휘발유가격의 상승 및 환경문제 등으로 기존의 휘발유에서 LPG로의 전환과 함께 사용량이 급격히 증가하고 있다.(중략)