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Started By
Message
re: Oil Production in the Gulf set to reach record highs by end of the year
Posted on 8/21/18 at 11:51 am to cwill
Posted on 8/21/18 at 11:51 am to cwill
quote:
It should have been expressed as BOE/D (Barrel of Oil Equivalent per Day. The conversion is 6 mcf = 1 BOPD based on energy content. Based on $ it's currently about 20/1)...since he's trying to express oil and gas in bbls.
Agree. You are right.
0
Posted on 8/21/18 at 12:02 pm to Powerman
:goestobuystockinFordandTrucknuts:
Posted on 8/21/18 at 12:31 pm to Tesla
quote:
hope that means good things for the houma region
It sounds like good news to darn near everybody.
Ehh, not exactly.
Oil production is nice, but oil exploration and drilling is where areas like Houma, Morgan City, Lafayette, etc really pop.
Posted on 8/21/18 at 12:41 pm to Dale51
quote:Did that ship sail with Harvey? I've heard that Africa is the new hub.
Now we need a focused effort to build more refineries.
Posted on 8/21/18 at 6:07 pm to Dale51
quote:
Penguin and Seal Local 243
you joke but, i remember that microorganisms consume and degrade the oil. it's just interesting that what some see as a huge disaster is actually a boon for something else
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