{"id":114,"date":"2022-09-06T17:24:40","date_gmt":"2022-09-06T17:24:40","guid":{"rendered":"https:\/\/vermilionenerg.wpengine.com\/ie\/?page_id=114"},"modified":"2023-02-07T21:36:20","modified_gmt":"2023-02-07T21:36:20","slug":"our-industry","status":"publish","type":"page","link":"https:\/\/www.vermilionenergy.com\/ie\/our-industry\/","title":{"rendered":"Our Industry"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"114\" class=\"elementor elementor-114\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c90d3f8 elementor-section-height-min-height elementor-section-items-bottom elementor-section-boxed elementor-section-height-default\" data-id=\"c90d3f8\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-229784c\" data-id=\"229784c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-de5d7c6 text-left elementor-widget elementor-widget-tp-breadcrumbs-bar\" data-id=\"de5d7c6\" data-element_type=\"widget\" data-widget_type=\"tp-breadcrumbs-bar.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"bread6a3b278c36f58\" class=\"pt_plus_breadcrumbs_bar \"  \"><div class=\"pt_plus_breadcrumbs_bar_inner bred_style_1\"><nav id=\"breadcrumbs\"><span class=\"bc_home\"><a class=\"home_bread_tab\" href=\"https:\/\/www.vermilionenergy.com\/ie\/\"><i class=\" fa fa-home bread-home-icon\" ><\/i>Home<i class=\" fa fa-chevron-right bread-sep-icon\" ><\/i><\/a><\/span> <span class=\"del\"><\/span> <span class=\"current\"><div class=\"current_tab_sec\">Page<\/div><\/span><\/nav><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-265d03b elementor-widget elementor-widget-heading\" data-id=\"265d03b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Our Industry<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c332325 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c332325\" data-element_type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-8977e79\" data-id=\"8977e79\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-06373d9 intro-text elementor-widget elementor-widget-heading\" data-id=\"06373d9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Hydrocarbon Basics\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-366f9a1 elementor-widget elementor-widget-text-editor\" data-id=\"366f9a1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>All hydrocarbons (including crude oil and natural gas) are created through the process of decay of microscopic plants and organisms that lived in the oceans millions of years ago. When these plants and organisms died, they sank to the ocean floor and become covered by layer after layer of sediment over millions of years. The heat and pressure within these layers began to rise over time as the layers became more deeply buried and compacted. Over a long period of time, the combination of heat and pressure ultimately transformed the decaying matter into the hydrocarbons we know today. <br \/><br \/><\/strong>The organic-rich layers of rock in which the hydrocarbons are formed are called source rocks. Once the hydrocarbons are formed, the surrounding pressure generally forces the hydrocarbons to migrate upward from the compact (tight) source rock into more porous and permeable layers of rock, known as reservoir rock. Generally, conventional reservoir rocks are rocks such as sandstones, siltstones and carbonates, that have sufficient porosity (a measure of the pore space or vacant space within the rock) and permeability (a measure of the level of communication or connectivity between pore spaces) to enable the movement of fluids such as crude oil, natural gas and water within and through the rock. Left unimpeded, the hydrocarbons will often continue their migration upwards towards the surface and escape. However, as is more often the case, this upward migration is often blocked by a layer of impermeable rock or some other geologic formation and the hydrocarbon becomes trapped and accumulates to form a hydrocarbon deposit. Hydrocarbon deposits stored in rock that has sufficient permeability to allow the hydrocarbon to naturally migrate within and through the rock are often referred to as conventional pools or deposits. The group of activities, including drilling and completion activities, associated with their recovery are generally referred to by industry as \u201ctraditional\u201d or \u201cconventional\u201d oil and natural gas exploration and development.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e8f089e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e8f089e\" data-element_type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[],&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-2addc9d\" data-id=\"2addc9d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ebaa34d elementor-widget elementor-widget-text-editor\" data-id=\"ebaa34d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>All hydrocarbons are created through the process of decay of microscopic plants and organisms that lived in the oceans millions of years ago.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-b36ee03 elementor-widget elementor-widget-text-editor\" data-id=\"b36ee03\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Decades of oil and gas production around the world have resulted in a decline of conventional resources with the majority of the oil and natural gas resources that can be produced using traditional methods already subject to development. \u00a0With the introduction of advanced technologies, more specifically drilling and completions technologies such as horizontal drilling and multi-stage hydraulic fracturing as well as 3D and micro-seismic technologies, the industry now has the capability to extract resource from previously inaccessible hydrocarbon pools such as unconventional (tight) pools that have low permeability and were previously undevelopable with more traditional technologies. \u00a0Unlike conventional deposits, unconventional hydrocarbon deposits generally have low permeability, which prevents the hydrocarbon from flowing naturally through the rock, and require advanced techniques such as hydraulic fracturing (described below) to be produced. \u00a0Regardless of how they are produced, or the type of reservoir they come from, unconventional hydrocarbons are essentially the same as conventional hydrocarbons. \u00a0The term \u201cunconventional\u201d simply refers to the methods that are used to extract them as well as the type of reservoir rock from which they are produced. \u00a0Shale gas on the other hand often refers to unconventional resource that has not migrated and is produced directly from the organic-rich source rock in which it was formed.\u00a0\u00a0<\/p><p>Gas from Corrib is produced from a conventional reservoir that does not require hydraulic fracturing.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-c5a9e47 elementor-hidden-tablet elementor-hidden-mobile\" data-id=\"c5a9e47\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c4604f8 elementor-nav-menu--dropdown-tablet elementor-nav-menu__text-align-aside elementor-nav-menu--toggle elementor-nav-menu--burger elementor-widget elementor-widget-nav-menu\" data-id=\"c4604f8\" data-element_type=\"widget\" data-settings=\"{&quot;layout&quot;:&quot;vertical&quot;,&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;&lt;i class=\\&quot;fas fa-caret-down\\&quot; aria-hidden=\\&quot;true\\&quot;&gt;&lt;\\\/i&gt;&quot;,&quot;library&quot;:&quot;fa-solid&quot;},&quot;toggle&quot;:&quot;burger&quot;}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Menu\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-vertical e--pointer-none\">\n\t\t\t\t<ul id=\"menu-1-c4604f8\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1637\"><a href=\"https:\/\/www.vermilionenergy.com\/ie\/our-industry\/\" class=\"elementor-item\">Our Industry<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1195\"><a href=\"https:\/\/www.vermilionenergy.com\/ie\/our-industry\/technological-advancement\/\" class=\"elementor-item\">Technological Advancement<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1196\"><a href=\"https:\/\/www.vermilionenergy.com\/ie\/our-industry\/regulatory-framework\/\" class=\"elementor-item\">Regulatory Framework<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t<div class=\"elementor-menu-toggle\" role=\"button\" tabindex=\"0\" aria-label=\"Menu Toggle\" aria-expanded=\"false\">\n\t\t\t<i aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--open eicon-menu-bar\"><\/i><i aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--close eicon-close\"><\/i>\t\t<\/div>\n\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-c4604f8\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1637\"><a href=\"https:\/\/www.vermilionenergy.com\/ie\/our-industry\/\" class=\"elementor-item\" tabindex=\"-1\">Our Industry<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1195\"><a href=\"https:\/\/www.vermilionenergy.com\/ie\/our-industry\/technological-advancement\/\" class=\"elementor-item\" tabindex=\"-1\">Technological Advancement<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1196\"><a href=\"https:\/\/www.vermilionenergy.com\/ie\/our-industry\/regulatory-framework\/\" class=\"elementor-item\" tabindex=\"-1\">Regulatory Framework<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-691d1db elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"691d1db\" data-element_type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[],&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-56b94fa\" data-id=\"56b94fa\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5df9a8c elementor-widget elementor-widget-text-editor\" data-id=\"5df9a8c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Decades of oil and gas production around the world have resulted in a decline of conventional resources.\u00a0With the introduction of advanced technologies, industry now has the capability to extract resources from previously inaccessible hydrocarbon pools.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Home Page Hydrocarbon Basics All hydrocarbons (including crude oil and natural gas) are created through the process of decay of microscopic plants and organisms that lived in the oceans millions of years ago. When these plants and organisms died, they sank to the ocean floor and become covered by layer after layer of sediment over [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":13,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-114","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Our Industry - Vermilion Ireland<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.vermilionenergy.com\/ie\/our-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Our Industry - Vermilion Ireland\" \/>\n<meta property=\"og:description\" content=\"Home Page Hydrocarbon Basics All hydrocarbons (including crude oil and natural gas) are created through the process of decay of microscopic plants and organisms that lived in the oceans millions of years ago. 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When these plants and organisms died, they sank to the ocean floor and become covered by layer after layer of sediment over [&hellip;]","og_url":"https:\/\/www.vermilionenergy.com\/ie\/our-industry\/","og_site_name":"Vermilion Ireland","article_modified_time":"2023-02-07T21:36:20+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.vermilionenergy.com\/ie\/our-industry\/","url":"https:\/\/www.vermilionenergy.com\/ie\/our-industry\/","name":"Our Industry - Vermilion Ireland","isPartOf":{"@id":"https:\/\/www.vermilionenergy.com\/ie\/#website"},"datePublished":"2022-09-06T17:24:40+00:00","dateModified":"2023-02-07T21:36:20+00:00","breadcrumb":{"@id":"https:\/\/www.vermilionenergy.com\/ie\/our-industry\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.vermilionenergy.com\/ie\/our-industry\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.vermilionenergy.com\/ie\/our-industry\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.vermilionenergy.com\/ie\/"},{"@type":"ListItem","position":2,"name":"Our Industry"}]},{"@type":"WebSite","@id":"https:\/\/www.vermilionenergy.com\/ie\/#website","url":"https:\/\/www.vermilionenergy.com\/ie\/","name":"Vermilion Ireland","description":"Just another Vermilion Network site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.vermilionenergy.com\/ie\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.vermilionenergy.com\/ie\/wp-json\/wp\/v2\/pages\/114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vermilionenergy.com\/ie\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.vermilionenergy.com\/ie\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.vermilionenergy.com\/ie\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vermilionenergy.com\/ie\/wp-json\/wp\/v2\/comments?post=114"}],"version-history":[{"count":0,"href":"https:\/\/www.vermilionenergy.com\/ie\/wp-json\/wp\/v2\/pages\/114\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vermilionenergy.com\/ie\/wp-json\/wp\/v2\/media?parent=114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}