Conversion budget

The objective of any exploration venture is to find new volumes of hydrocarbons at a low cost and in a short period of time. Exploration budgets are in direct competition with acquisition opportunities. If a company spends more money finding oil than it would have had to spend buying the equivalent amount in the market place there is little Incentive to continue exploration. Conversely, a company which manages to find new reserves at low cost has a significant competitive edge since it can afford more exploration, find and develop reservoirs more profitably, and can target and develop smaller prospects. 

Converse, D.R., Holland, H.D. and Edmond, J.M. (1984) Flow rates in the axis hot springs on the East Pacific Rise (21°N) Implications for the heat budget and the formation of massive sulfide deposits. Earth Planet. Sci. Lett., 69, 159-175. 

Budget methods are based on the fact that there is a physiological upper limit to the amount of food and drink that can be consumed on any day. If the amount of additive present in that food is also limited (e.g. by national legislation) then there is an absolute maximum that can be ingested on any day. The assumptions in the budget method are extended to allow for the fact that only a proportion of the diet is likely to contain additives (Table 4.1).10 A conversion factor is produced which is used to derive the maximum use level from the ADI ... 

At the same time, the PSCs are excellent sites for the conversion of chlorine compounds from the relatively inactive reservoir forms of HC1 and C10N02, which make up 99% of the chlorine budget in the lower stratosphere, to photolytically labile species such as Cl2, HOC1, and CIONO (30-32) ... 

In fiscal 1979, DOE allocated approximately 43 million for hydrogen R D (Table I). In the coal conversion area the planned budget was 22.8 million, which is almost half of the 43 million the largest part of that 22.8 million was for building a pilot plant for producing hydrogen from coal. However, the plant was not built because of difficulties in contract negotiations and... 

The difference in oxidation levels of I and II is not so obvious and requires detailed analysis. First, it is important to recognize that the liberation of the two carbon side chain with the simultaneous introduction of acetate is in actual fact an oxidation. Skeletal carbon-hydrogen budgets of I and II—not including the acetate atoms since this is the added function—reveals that I is converted to a system (II) in which a proton is missing. It is evident then that no more than one two-electron oxidation mediates in this conversion, with the addition of an acetate molecule. 

Conversely, don t rely on these therapies alone to counter acidity in your body. The best way to balance your biochemistry is to eat and drink more alkaline foods and make wise acid choices. Try to exercise at least three to five times a week, breathe deeply whenever you can, enjoy these wonderful therapies as your time and budget permit, and you ll be well on your way to kicking acid. 

Figure 6. Projected fiscal year 1979 budget—thermochemical conversion...

The projected Fiscal Year 1980 Biomass Energy Systems Program budget for thermochemical conversion activities (direct combustion, direct liquefaction, gasification and indirect liquefaction) is approximately 17 million. 

The project was a success as measured by the criteria of being under budget and on schedule. It was unique in that it was a first of a kind plant for the commercial conversion of natural gas to gasoline. This enables New Zealand to be less dependent on imported petroleum products. As with any project, problems arose, were addressed immediately and tackled vigorously at no time were they allowed to affect the completion of the plant. The construction of the plant in New Zealand in a non-industrial area presented unusual challenges which were met with creative solutions. 

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