Oil companies going deep in Gulf of Mexico drilling

Improved technology, high prices drive deepwater exploration


Nearly three football fields long, the ship appears to be sitting idle on the turquoise blue waters of the Gulf of Mexico, perhaps even abandoned.

Beneath the deck, there's no such tranquility. A 200-person crew of geologists, engineers and technicians work around the clock at dimly lit keyboards, controlling every move of an adjoining oil rig as it uses an 16{-inch (41-centimeter) pipe to bore through the ocean floor.

The Chevron Corp. crew is developing a deepwater oil field 190 miles (305 kilometers) off the Louisiana coast projected to produce 100,000 barrels a day by 2008 and 500 million barrels overall. Each well willreach more than 26,000 feet (7,800 meters) below sea level.

It's the kind of deepwater discovery once thought to be out of reach, but with improved technology and climbing global oil prices, companies are spending billions developing oil fields the Interior Department says will substantially boost Gulf production.

Deepwater exploration _ done in depths of 1,000 feet (300 meters) of water or greater _ is also volatile, as companies face increasing development costs, a battle with the federal government over royalty payments and continued rig shortages

Gross display of power!


The thrusters help the ship withstand 20-foot (6-meter) waves, 80 mile(130-kilometer)-an-hour winds, and currents that would prevent traditional rigs from operating. The amount of power used to keep the ship stationary and drilling would light up 40,000 homes.

Another interesting tid-bit


Already there is an almost four-year waiting for drilling ships, according to a recent report energy consultant Howard Weil. The backlog prompted Chevron to have Transocean build another ship, to be ready in three years.

-C.

Hm... On the power necessary to keep the ship stable: Is this average power, or peak power? I'd expect average to be a small fraction of peak.

And homes don't use that much power. A car can use enough power to supply dozens of homes.

Chris

I wonder if they use a standard value for "homes?" ;-)

For what it's worth I recently heard a 50 MW powerplant described as enough for 100,000 homes ... so they think 500 watts draw on average for a home?

... and the 40,000 homes above would represent 20 MW

(though I know it's silly to expect a standard "home")

Not my house. Built 1931; Texas; 3200 sq.ft.
with an 1800 sq.ft. basement. 100 deg. days
in the summer = 8 tons of central
air conditioning.