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Started By
Message
Does BP develop this site again
Posted on 5/6/10 at 8:26 am
Posted on 5/6/10 at 8:26 am
Now that this has happened? has it lost enough oil to become unstable and or uneconomical? That would be ashame. We don't have all that much oil in our backyard anymore and anything that keeps us from buying from countries that want us dead would be nice.
4
Posted on 5/6/10 at 8:30 am to back9Tiger
quote:
has it lost enough oil to become unstable and or uneconomical?
It hasn't lost much oil. It may seem like a lot but its not.
Posted on 5/6/10 at 8:39 am to back9Tiger
For BP to drill in that deep of water the field is going to be producing for 10-15-20 years plus...they won't spend the kind of money to drill if the field only had a months worth of oil in it.
Posted on 5/6/10 at 8:42 am to TexasTiger
The volume of oil lost from the reservoir is very small compared to the total resource there based on BPs estimates. The only thing I worry about is if the rapid drop in pressure caused it to drop below bubble point or if the physics of the reservoir are in any way screwed up as a result of the blowout. That could affect the recovery of this prospect and affect its economic outlook.
Posted on 5/6/10 at 9:23 am to lsugradman
I am sure when this is said and done the reservoir engineers and geologists will have to do another study. Prolly years before BP starts on this formation again right?
Posted on 5/6/10 at 9:29 am to back9Tiger
The find is the largest pool of oil and natural gas in the hemisphere. 25,000 square miles
the problem is that it is under such pressure, that next time, they need to set the concrete for a couple of weeks. Hopefully they will not act out the public hysteria after they drill the relief wells.
the problem is that it is under such pressure, that next time, they need to set the concrete for a couple of weeks. Hopefully they will not act out the public hysteria after they drill the relief wells.
Posted on 5/6/10 at 9:32 am to ottothewise
quote:
The find is the largest pool of oil and natural gas in the hemisphere. 25,000 square miles
the problem is that it is under such pressure, that next time, they need to set the concrete for a couple of weeks. Hopefully they will not act out the public hysteria after they drill the relief wells.
Dude dont believe all the BS that you read. Its not the largest pool in the hemisphere and it sure as hell aint 25000 square miles with 160000 psi pressure.
Posted on 5/6/10 at 9:34 am to lsugradman
quote:
I am sure when this is said and done the reservoir engineers and geologists will have to do another study. Prolly years before BP starts on this formation again right?
Its always at least a couple years from discovery to first oil and thats in a best case scenario. Now with this incident going on, Id have to think that timeline is stretched out more. They will likely need a follow up appraisal well to evaluate how the reservoir has been affected by this incident.
Posted on 5/6/10 at 9:36 am to lsugradman
quote:
Its not the largest pool in the hemisphere and it sure as hell aint 25000 square miles with 160000 psi pressure.
ok, if you say so.
Posted on 5/6/10 at 10:23 am to ottothewise
quote:
160000 psi
someone's been
Posted on 5/6/10 at 10:25 am to mylsuhat
Na man its a new play in the lower mantle so in reality it could cover the entire earth. You dont even know!
Posted on 5/6/10 at 10:26 am to back9Tiger
The benefit of drilling in thus deep water is that the sizes of these reservoirs is amazing. Recently they found a SINGLE reserve in the Gulf (Which I think is now blocked from use due to the drilling ban...I dunno if it has already cleared the legal approval process for drilling) which single handedly increased the entire US's theoretical reserves by 50%
This post was edited on 5/6/10 at 10:29 am
Posted on 5/6/10 at 10:28 am to ottothewise
quote:
ok, if you say so.
You say this like you are some kind of expert on the subject.
Posted on 5/6/10 at 10:28 am to Volvagia
Are you being serious? What disovery are you referring to bc I find that highly unlikely.
Posted on 5/6/10 at 10:30 am to lsugradman
Little Jack.
Was found some years ago.
Estimates range from 3 to 15 BILLION barrels.
Was found some years ago.
Estimates range from 3 to 15 BILLION barrels.
This post was edited on 5/6/10 at 10:32 am
Posted on 5/6/10 at 10:35 am to Volvagia
The field is called Little jack? Where exactly is that at? that's not this field BP is in, right?
Posted on 5/6/10 at 10:35 am to ottothewise
quote:
ok, if you say so.
Use that 188 IQ of yours and think this through. The source you are citing (and defending) is a random Joe Blow with many factual inaccurcies in his article.
When talking about the scope of this deposit, he claims that it is leaking natural gas in Texas, Louisiana, and Florida.
And you buy that?
Seriously?
The entire GOM is basically this one deposit? Why the hell do we need to drill so far from land? Hell, why do we need to drill offshore at all? We could stick pipes in ANYWHERE to feed off of it.
Posted on 5/6/10 at 10:38 am to Volvagia
quote:
Little Jack.
Was found some years ago.
Estimates range from 3 to 15 BILLION barrels.
You are talking about Jack, the Chevron discovery. I can tell you that 3 to 15 billion barell figure was an estimate of the reserves in the Lower Wilcox play not the reserves in the Jack discovery. That was something that was blown completely out of proportion by Blanco and her group of retards. Jack was the discovery that proved the Lower Wilcox trend could produce at economic rates and therefore showed the potential to produce 3 to 15 Bbbl from a series of later discoveries.
Posted on 5/6/10 at 10:39 am to back9Tiger
The BP field is Tiber, approximately 3-6 billion barrel reserve.
That is the kind of oil that they are finding in deepwater.
And that is the kind of oil liberals want to prohibit us from getting forever more because of a stupid insistence of requiring the acoustic shutoff, which is based on a misconception.
That is the kind of oil that they are finding in deepwater.
And that is the kind of oil liberals want to prohibit us from getting forever more because of a stupid insistence of requiring the acoustic shutoff, which is based on a misconception.
Posted on 5/6/10 at 10:39 am to lsugradman
Anytime someone tells you that one field can impact the total US reserves by more than 10% than i would be very skeptical.
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