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Oh, really?
How far do you have to drill to get there? 1 Mile? 50 Miles?
He's not really serious about that, now, is he?
Cheers, Dom
That's what my guy told me. Also told me that Prudhoe is pretty much tapped out and has been in death throes decline for 5yrs. He's lived and worked up there going on 40yrs.
Figure this; they can drill deepwater, horizontal drill tech isn't in its infancy. Why not X-drill long distances on land? Alot easier than dealing with 1,000s of meters of water and liquid salt caps (like the new Brazil field) even more 1,000s of meters down. Kuwait X-drilled far enough into the Basra area to cause a noticeible decline in Iraqi field pressures and thus set themselves on a crash course with Iraq in '89. Why not slide horizontal into ANWAR? Actually less impact that way.
Did anyone really think they'd just go "Oh well..." and let that crude just sit there?
Now, that doesn't mean that they're going all the way in, but if they can get at what's on the perifery, why wouldn't they?
Like I said, this was just my source. I don't have reason to doubt him, but I'm not up there. So there it is for what it's worth.
Could be. Evidence would be that production stops falling, for instance.
Just ask him how far they have to drill. I have an email address..-), just in case it takes a while..-)
Cheers, Dom
Well, you've got pipeline to Badami. 20-30 miles to ANWAR from there. I'll see what moroe i can find out. Who knows up there.
Back several years ago, I downloaded a document from Alyeska Oil website that indicated that without drilling into both NPR-A and/or ANWR (Area 1002), the pipeline would reach it's transport minimum by 2017 (200,000 BPD) and ready for "abandonment in place" status.
The combined effects (and building the required infrastructure, particularly for ANWR since it's a long way from the TAP) of NPR-A and ANWR could extend the life to roughly 2034 if the USGS Mean estimates we actually found and recovered. A temporary boost in throughput up to a level between 1.4 and 1.5 million BPD would be likely if the oil from ANWR really exists.
The oil resources in NPR-A are bit more certain because of the greater amount of drilling and seismic work in NPR-A and some of the reserves are currently being drilled and being readied to be brought online to slow the decline caused by the Prudhoe Bay fields reaching the end of their lives (average water cut is now greater than 75%).
The argument (in Alaska at least) really is less about a Wildlife Refuge turned into a Wilderness Area (although there are some fairly strong opinions about THAT process), than it is about the availability of infrastructure to move any oil that might actually exist. It seems pretty clear to me that once the TAP is shutdown, oil in ANWR (1002) becomes a moot point.
Well, since you've depreciated the pipeline, why not just turn the gas in place into GTL and send it south on the pipeline? When the oil is gone, just convert the pipeline to methanol. A lot better than just scrapping it for the molybdenum alloy steels.