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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: 7430
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
#5. To: All (#4)
(Edited)
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?
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.
Replies to Comment # 4. 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.
End Trace Mode for Comment # 4.