<DrumBeat: November 26, 2007 The Oil Drum Nate Hagens on "The Reality Report" with Jason Bradford at Noon EST>

47 comments on Help us List Megaprojects

Comments can no longer be added to this story.

| Show without comments | PDF version

Leanan on November 26, 2007 - 12:28pm Permalink | Subthread | Parent | Comments top

They have a lot of data, but it might not be up to date. It lists Ursa at 150,000, but according to people who have actually worked there recently, it was down to 75 to 80,000. They recently drilled a new well and reworked some old ones, are back up 95,000 as of a couple of months ago.

Comments can no longer be added to this story.
Stuart Staniford on November 26, 2007 - 12:36pm Permalink | Subthread | Parent | Comments top

I've been thinking about this. I think for past projects, we need to put the design capacity even if reality turns out to be less (or more - Grane was designed for 214 but has been up to 240). If we start putting in actual volumes, rather than the design plateau capacity, then we aren't treating the future and the past on an equal footing.

In that approach, the decline from 150 to 75 or 95 becomes part of the decline rate (which seems appropriate).

Comments can no longer be added to this story.
gTrout on November 26, 2007 - 1:00pm Permalink | Subthread | Parent | Comments top

Perhaps this is why CERA is always talking about Production Capacity? Because they can get good data on name plate capacity numbers on facilities, but not on how the fields are actually performing.

Comments can no longer be added to this story.

47 comments on Help us List Megaprojects

Comments can no longer be added to this story.

| Show without comments | PDF version