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Oil, is a fossil fuel, which is made from small organisms that lived in shallow inland seas and oceans, that once lived hundreds of millions of years ago. The creatures decompose and the oil is the energy of that dead animal.

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How many oil fields in the world today?

There are thousands of oil fields around the world, with varying sizes and production capacities. The exact number is difficult to pinpoint as new fields are discovered and developed, while others may become inactive or depleted over time. Major oil-producing countries like the United States, Saudi Arabia, Russia, and Canada have numerous oil fields within their territories.


Is oil made from decomposed dinosaurs?

There is a popular notion that fossil fuel is made from the remains of dead dinosaurs. This is not correct.Fossil fuels (coal, oil and natural gas) developed from organic (living) material subjected to intense heat and pressure over millions of years.Oil and gas came from plankton and other tiny organisms.Coal came from larger plants and animals, but not dinosaurs.


Who owns offshore oil?

The oil deposits in US offshore fields are owned by the US federal government. The oil companies acquire a lease or the right to explore and produce from the offshore deposits. These are long term leases. Similarly, international offshore fields belong to the country that has legal right to the coastal waters. They may be lease by the country to private companies for exploration and production, but they may also be developed by the country's national oil company.


What will happen to the world if there were no oil?

If there had been no oil we would not have aircraft's, so many automobiles, other modes of transportation. We do not have enough stock of woods that we can burn and meet our present day energy needs. However using oil is not the permanent solution of our growing energy demands.


What mineral resources can be harvested from the continental shelf?

Mineral resources that can be harvested from the continental shelf include oil, natural gas, sand and gravel, phosphorite, and metallic minerals like manganese and iron. Seafloor mining operations are also being developed to extract rare earth elements and precious metals from certain areas of the continental shelf.