 | Nate Hagens on "The Reality Report" with Jason Bradford at Noon EST | The Oil Drum | DrumBeat: November 27, 2007 |  |
78 comments on Visit to Shell's Brutus Off-shore Oil/Gas Platform and New Orleans Facility
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78 comments on Visit to Shell's Brutus Off-shore Oil/Gas Platform and New Orleans Facility
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Well it looks like I was a bit late predicting the rapid decline of deep water gulf production :)
The short five year production profile is about what I expected thanks for the graph. Also what I find VERY interesting is that the platform was build for a 30 year life span. Did you find out if thats just a natural result of how its designed ? I'd have to think so. If they had known production would have been short i.e about 5 years would they have spent the money ?
Now that they know that production profiles are short will they spend more money ?
Overall from reading your post I get the feeling that they expected to produce a lot more oil for a lot longer out of this platform.
Thanks !
I am sure that they hoped to get a longer lifetime in the current location. I am sure that they hoped to move it to one or more additional locations as well.
The platforms have to be sturdy to withstand hurricanes, so pretty much have to be built for fairly long lifetimes. Brutus didn't have any problems with the 2005 hurricanes.