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35 comments on Projecting US Oil Production

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PaulusP on January 12, 2006 - 4:05pm Permalink | Subthread | Parent | Comments top
My information is that Thunder Horse had technical troubles with valves of its balast system, causing it to bend over out of balance. I can provide nice photo's of it.

Another concern was that it proved difficult to secure it to its anchors in the deepwater current.

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Nate Hagens on January 12, 2006 - 4:28pm Permalink | Subthread | Parent | Comments top
Whats happening with Thunderhorse is an real time example of how EROI will impact the energy world going forward. Getting deep water oil has a higher energy cost to begin with - if companies start anticipating and including higher depreciation values on machinery, downtime, transportation, hurricanes, insurance etc - at what point to the majors say 'lets make oil from coal instead of gettind it from GOM deepwater'? EROI of 5-1, 3-1? Somewhere certainly...
(translation: a repeat of 2005 hurricane season in 2006 will cause large approvals of Fischer-Tropsh plants)
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35 comments on Projecting US Oil Production

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