131 comments on Saudi Arabia Announces They Will Produce More Oil
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131 comments on Saudi Arabia Announces They Will Produce More Oil
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GAIA Host Collective
I loaned out my copy of Twilight in the Desert. I remember the other fields, but what is Zuluf ?
Old field being redeveloped ? Onshore, Off shore ? Heavy, Light ?
Thanks,
Alan
hi alan!
zuluf is an offshore field in production since 1973, according to the bible,p.201..zuluf's production is 400-500,000 bbls/day.
"...by 2004,the field had clearly become very mature and was exhibiting an array of aging problems...a 2001 SPE paper described.." a litany of operational problems...such as gas slugging, gas humping, and phase segregation"
...gas humping?...hmmm...may need that viagra after all!
So to add 900,000 bpd to a field producing (a few years ago) 450,000 bpd would mean tripling its output. In a 35 year-old field. Viagra indeed.
i sometimes wonder if the saudis ( not that i'm dissing the saudis..they have their own rocks and hard places to deal with)...try to sell their sour heavy crude that is their "supply cushion" to no takers..and then say , "look, the market is oversupplied!