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Title: offshore oil for dummies
Source:
http://www.rigzone.com/news/article.asp?a_id=90122&hmpn=1
URL Source: http://various
Published: Mar 28, 2010
Author: groundresonance
Post Date: 2010-03-28 06:17:37 by groundresonance
Keywords: None
Views: 6957
Comments: 13
by far the biggest expense in establishing an offshore oil or gas field is the helicopter. you need a competent twin-engine machine to go two or three hundred miles offshore, because if an engine quits out there somewhere, there's not much likelihood of anyone happening by, so far out in the weeds, to drag your ass out of the ocean... so it's nice to have a spare engine. anyhow, once you get out to the place you've decided to work, all you do is sprinkle pixie dust from the helicopter onto the site... pixie dust can be collected from the hyperactive imaginations of peak oil deniers, abiotic oil believers, chemtrail enthusiasts, and global warming deniers... so you sprinkle the pixie dust, and presto! ...like magic the oil abiotically gushes up out of the bowels of the earth and abiotically collects in places where you can find it. the drillships and/or platforms also appear like magic, and they start drilling and pumping. on the remote chance the pixie dust doesnt quite cut it, you can call for help from extraterrestrial crop circle makers, but that's kind of a pain seeing as how they're usually booked solid for six or eight months in advance. what about the pipelines back to shore? ...you may well ask... well, just make sure your helicopter is equipped with a chemtrail dispenser... you simply sprinkle pixie dust as you're on your way out to the job site, and pipelines will materialize, just like magic. so, totalling up the expense for one of these expeditions, we can figure on maybe three or four hours of helicopter time at three thousand dollars an hour, for a total expense of maybe ten grand. pretty cool, huh? ...especially when you'll get maybe eighty bucks for every barrel of oil you pump, and you might pump a hundred thousand barrels of oil a day. "The Gulf of Mexico is one of the single largest suppliers of oil and gas to the US market," explained MMS GOM Regional Director, Lars Herbst. "With continued interest and activity in deepwater areas of the Gulf of Mexico, we anticipate that oil production will continue to be strong with a large portion of production coming from projects in deeper water depths." In the last 10 years, significant discoveries have been made in the ultra-deep waters of the GOM. In 2009 operators announced 14 deepwater discoveries, 11 of which are in 3,000 ft of water or more. In the timeline below, we lay out some of the key deepwater discoveries addressed later in this report. Analysis: U.S. to Reap Fruits of Deepwater Labor rigzone... more picture and text at original article please keep in mind that these guys are projecting production of 1.8 million barrels a day, and the US is using 20 million barrels a day... we need to send them a couple sixpacks of beer and a couple tons of pixie dust, to improve their outlook.
The Gulf of Mexico is expected to increase oil production over the next several years, largely due to ultra-deepwater field development. The MMS believes oil production could reach 1.8 MMb/d up from 1.3 MMb/d in 2008, but gas production is expected to decline over the next four years.
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#1. To: groundresonance (#0)
well, just make sure your helicopter is equipped with a chemtrail dispenser... you simply sprinkle pixie dust as you're on your way out to the job site, and pipelines will materialize, just like magic. so, totalling up the expense for one of these expeditions, we can figure on maybe three or four hours of helicopter time at three thousand dollars an hour, for a total expense of maybe ten grand. On this very website (4um), I have heard how easy it is to mine that black gold because it keeps oozzing up for no reason and in fact is abounding far faster than the consumption rate. There is a song about the phenomena, too. Oil that is, black gold, Texas tea. Well the first thing you know ol' Jed's a millionaire, Hills, that is. See how easy it is?
put the earphones on and crank the volume.
Because of the restrictions, a 30-year gap has prevented comprehensive reassessment of how much oil is actually off our coasts. Considering new technologies, the Interior Department estimates that “undiscovered oil reserves total 86 billion barrels, four times the nation’s official proven reserves. The bulk of that potential oil, nearly 68 billion barrels, is in areas that are already accessible to drilling in the Gulf of Mexico and Alaska,” according to the Times. Conventional Crude Oil Resources in the US
from the NYT article cited above... The Interior Department estimates that undiscovered oil reserves total 86 billion barrels, four times the nation’s official proven reserves. The bulk of that potential oil, nearly 68 billion barrels, is in areas that are already accessible to drilling in the Gulf of Mexico and Alaska. Based on decades-old surveys, the Interior Department estimates that an additional 18 billion barrels may be found in the coastal zones that were off limits until recently. But the oil industry thinks that could be a serious underestimate given the lack of exploration. "Interior Department estimates that undiscovered oil reserves total 86 billion barrels..." more pixie dust?
pixie dust or not, it'd be a good thing to explore everywhere, drill everywhere, and we might finally drill down to the truth of peak oil... ...but that wouldnt be such a good thing, would it...? ...not if peak oil was the prime factor behind 9/11. anyhow, supposing we discover the "undiscovered oil reserves (that) total 86 billion barrels"... 86 billion barrels would last the US 11 or 12 years at current rates of consumption.
seeing as how dick cheney was most likely one of the kingpins of the AEI/PNAC/9- 11 operation, and seeing as how the operation was most likely motivated by peak oil, seeing as how peak oil (after five years of flat global production of crude oil) seems to be undeniable, seeing as how cheney ran halliburton... seeing as how halliburton was involved in the deepwater horizon blowout... seeing as how the deepwater horizon blowout might put a kink in global deepwater oil production... what if this deepwater horizon blowout is a last ditch effort to obscure the fact that global oil production has peaked, thus obscuring the fact that peak oil was the most pressing motive for the neocons to stage 9/11? we know that truth, facts and reality are irrelevant, because neocons are "an empire now, and when we act, we create our own reality". is there some new neocon reality that could be constructed, using the deepwater explorer blowout to create that reality?
Results 1 - 10 of about 9,130 for halliburton spill "timor sea" 2009 ...practice run? Results 1 - 10 of about 38,400 for halliburton spill "deepwater horizon" 2010 is this another example of halliburton's incompetence? has the halliburton corporate culture degenerated so bad after sucking up no-bid contracts in iraq that they're no longer competent to do their primary job? or can this deepwater horizon spill be used as an environmental excuse to ban deepwater drilling in the US... thus giving neocon peak oil deniers more leverage in their efforts to blame tree huggers for oil shortages? who knows?
thunderhorse
deepwater horizon
#13. To: All (#11)
(Edited)
From what is known so far, it is clear that offshore drilling came to be seriously under-regulated in recent years with few inspections and little or no penalties for violations. Deepwater offshore drilling has become so expensive - the Deepwater Horizon costs on the order of $1 million a day to operate - that site managers are under heavy pressure to complete projects as quickly as possible and move to the next job. The oil industry is said to have largely written the regulations and the government simply ratified what was presented. The Obama administration has already moved to split the regulation function from the Mineral Management Service and place it in a separate agency dedicated to safety and the prevention of further accidents. Although there will be much raucous discussion, It seems likely that heavier regulation, with higher, more expensive, standards, is on the way and that could delay future deepwater drilling projects by months or years. Yet another serious problem for the prospects of future oil production is starting to emerge. The deepwater wells, on which we are basing much of our energy future, may not be as productive as previously thought. Until recently the poster child for deepwater oil production was BP's Thunderhorse platform that, after years of delay, started producing in 2008 and was supposed to produce a billion barrels of oil at the rate of 250,000 barrels a day (b/d). At first all seemingly went well with production reaching 172,000 b/d in January of 2009, but then production started falling rapidly to a low of 61,000 b/d last December. BP refuses to comment publicly on what is happening at Thunderhorse, but outside observers are growing increasingly skeptical that the platform will ever produce the planned billion barrels. At least 25 other deepwater projects are said to be facing problems of falling production, raising the question of just how much oil these very expensive deepwater projects will ever produce. The battle over tougher regulations is likely to be prolonged and nasty. President Obama has vowed to end the "cozy relationship" between companies and regulators. Testifying before Congress earlier this week, Interior Secretary Salazar said that the oil industry is already characterizing efforts to reform regulations as "impediments and roadblocks to the development of our domestic oil and gas resources." The Secretary called for federal regulation of blowout preventers which are supposed to ensure that spills of the scale of the Deepwater Horizon incident can't happen. Recommendations stemming from the recently announced independent Presidential Commission on the tragedy will likely have much influence on the course of deepwater drilling and thus the availability of oil in the future. Should the Commission conclude that much tougher regulation is necessary, it is difficult to see how the oil industry, even with its considerable clout in the Congress, can resist the calls for reform. Oil might just become far scarcer and more expensive five years from now than most of us think. The Peak Oil Crisis: The Deepwater Horizon energy bulletin About 350 results for "The Peak Oil Crisis: The Deepwater Horizon" abiotic oil from the suburbs of austin, texas, will undoubtedly solve these problems. better map of gulf of mexico and oil/gas wells and pipelines
Top • Page Up • Full Thread • Page Down • Bottom/Latestwhat about the pipelines back to shore? ...you may well ask...
Come and listen to a story about a man named Jed
A poor mountaineer, barely kept his family fed,
Then one day he was shootin at some food,
And up through the ground came a bubblin' crude.
Kinfolk said Jed move away from there
Said Californy is the place you ought to be
So they loaded up the truck and moved to Beverly.
Swimmin pools, movie stars.
#2. To: buckeroo (#1)
#4. To: All (#2)
(Edited)
According to a March 2009 article from The New York Times, About 85 percent of the nation’s coasts are now off limits to oil drilling, including most of the Pacific and Atlantic seaboards and the western coast of Florida. They’d been that way for more than 30 years.
#5. To: All (#4)
(Edited)
American waters in parts of the Gulf of Mexico where drilling is allowed have been the biggest source of growth in domestic oil production since the 1990s, because of deepwater discoveries and technological advances that have allowed drilling in ever-deeper waters. As a result, estimated reserves in the Gulf of Mexico have grown sevenfold in the last 30 years.
#6. To: All (#5)
(Edited)
more pixie dust?
#7. To: All (#6)
#8. To: All (#7)
(Edited)
#9. To: All (#8)
full size 2878 x 1550
#10. To: All (#9)
#11. To: All (#10)
(Edited)
Replies to Comment # 11. No matter how much environmental and economic damage results from the Deepwater Horizon blowout, the ramifications of the spill are likely to linger for decades and have a major impact on the availability of deepwater oil as we enter the era of oil depletion. The U.S. government has already put a temporary hold on additional drilling until the facts of the current situation are clarified. The oil companies who are used to minimal government interference with their activities are already raising objections to the possibility of tougher regulation.
End Trace Mode for Comment # 11.
