 | Performance Governing: Getting Lucky and Staying Lucky | The Oil Drum | Abundant Skies: 8 Principles for Successful Rainwater Harvesting |  |
Search The Oil Drum with Google
Recently on TOD:World
TOD:Local
- Home Buyers Demand Short Commutes, Efficient Homes (with Backyards, Parking, lots of Square Feet)
- Streets: Utilitarian Corridors or Livable Public Space
- Summer Streets a Success!
TOD:Europe
- IEA WEO 2008 - NGLs to the Rescue?
- IEA WEO 2008 - Fossil Fuel Ultimates and CO2 Emissions Scenarios
- The IEA WEO 2008: Will coal usage be phased out?
TOD:Canada
- The Round-Up: October 24, 2008
- Compressed Air Energy Storage - How viable is it?
- Oil Megaproject Update (July 2008)
TOD:ANZ
Blogroll
Energy Sites
- The Coming Global Oil Crisis
- Die Off
- Dry Dipstick
- Energy Bulletin
- From the Wilderness
- Life After the Oil Crash
- Peak Oil Crisis
- Peak Oil News and Message Boards
- Powerswitch
- Rigzone
- Matthew Simmons
- Wolf at the Door
Environment & Sustainability Sites
- The Daily Green
- EcoGeek
- Eco Street
- Green Car Congress
- Green Options
- green.alltop.com
- Gristmill
- RealClimate
- Sustainablog
- Treehugger
- WorldChanging
Blogs
- The Big Picture
- Casaubon's Book
- Cleantech Blog
- Clusterf
k Nation (Jim Kunstler) - The Cost of Energy
- David Strahan
- The Energy Blog
- Entropy Production
- European Tribune
- GraphOilology
- jeffvail.net
- Mobjectivist
- Peak Energy (Australia)
- Peak Energy (USA)
- R-Squared
- Resource Insights
Finance & Economics Blogs
- Calculated Risk
- Ecological Economics
- Econbrowser
- Environmental Economics
- Infectious Greed
- The Mess That Greenspan Made
- Mish's Global Economic Trend Analysis
Organizations
“Where ideas are concerned, America can be counted on to do one of two things: take a good idea and run it completely into the ground, or take a bad idea and run it completely into the ground.”
—George Carlin
User login
Contact
- Content: editors at theoildrum dot com
- Tech support: support at theoildrum dot com
Personnel
- Editors: Prof. Goose, Heading Out, Stuart Staniford, Nate Hagens
- DrumBeat Editor: Leanan
- Contributors: ace, Engineer-Poet, Gail the Actuary, jeffvail, JoulesBurn, Khebab, Robert Rapier
- TOD:Local: Glenn
- TOD:Europe: Chris Vernon, Euan Mearns, Francois Cellier, Jerome a Paris, Luís de Sousa, Rembrandt, Rune Likvern, Ugo Bardi
- TOD:Canada: benk, Libelle
- TOD:ANZ: Big Gav, Phil Hart, aeldric
License
This work is licensed under a Creative Commons Attribution-Share Alike 3.0 United States License.
GAIA Host Collective
http://www.ft.com/cms/s/0/7a16ab6a-49f9-11dd-891a-000077b07658.html
Interesting. I hope it get picked up by a site without a paywall.
Hmmm ... I don't pay to access the site! I can copy more if you can't access it ... it is an interesting article.
FT.com has really funky rules. Someone said you're allowed to view 5 articles a month, and if you go over that, you're blocked. You can get around it by deleting your FT cookie.
And like the WSJ, you can see the article if you go in through Google News. So I can read it. I just wish it were at another site, because it's a lot easier to share the story if you don't have to jump through so many hoops.
Yahoo and MSNBC sometimes pick up FT articles, so there's hope.
There's an option to register with FT free of charge which allows viewing of 30 articles per month. Above 30 per month and it's necessary to subscribe.
I just copied the article off the FT web site, but am hesitant to send it to you as a post. Or, I can send it in as a post, and you can take it off before it goes up live...
I can copy it myself. I just want a free link I can post elsewhere, without telling people to clear their cookies or go in through Google News.
Here's a link:
http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24731662
I'm stunned.
Thank you.
"And like the WSJ, you can see the article if you go in through Google News."
I usually copy a sentence from the article and paste it into a yahoo news or a yahoo web search and that often works.
I just google the headline, which is most often just carried over from the original article. Works 90% of the time...
I also can see it. I am logged into Financial Times with my free login though.
That article is a funny-sad story ... :-)
from the article
flashback regarding Kashagan (discovered in 2000)
Kashagan is the giant oil field in the Caspian Sea that was supposed to start producing oil in 2005
Kashagan- first oil- is now postponed to 2013.
Is there a virus ?
But this one was worrysome -
How much corrosion has the platform itself suffered due to this ?
My own favorite quote from the arrticle (last paragraph):
"While commissioning some of the wells, we encountered problems with some industry-standard equipment that we will repair," the company said. "We have time in the schedule to resolve these issues and the project remains on schedule."
They must have something which enables time travel back to 2005, at least, if the remain "on schedule."
With great hopes for Jack # 2, someday. Or Son of Jack # 2?
The thing shows Gigantism meeting reality.
BP has thrown multi billions at this thing and will not quit.
It's cursed. You can see it. Nothing has worked right from Day 1.
And I'm still waiting for pics from August 05 to Mar 06.
I expect nothing.
Pix like this ? Google Thunder Horse
almost. Right after Katrina. Like this:
http://mceer.buffalo.edu/research/Reconnaissance/Katrina8-28-05/01concra...
An offshore oil platform dislodged by Katrina’s high winds slammed into the Cochrane Bridge over Mobile Bay, damaging its cable system and concrete structure. The federal funds will reimburse the state for repairing the Bridge and for new ramps connecting U.S. 90 and Interstate 10, replacing or repairing damaged traffic signals and highway message signs, and the cost of clearing downed trees, sand and other debris from roads immediately after the storm.
The pics you show are all from Dennis damage.
problems with 3 wells ? what sort of problems? the article doesn't say.
problems with wells are the norm.
and finally from the ft article:
"We have time in the schedule to resolve these issues and the project remains on schedule."
well, in reality the "scedule" has already been pushed back at least 3 yrs.
give them a break, this project is on the leading edge of technology.
"...give them a break, this project is on the leading edge of technology."
Excuse me?
Well why doesn't BP give us a break.
You need details on Prudhoe Bay leaks, Texas Refinery killings (court docs on request), cornering the US propane market, and fuzzy math on reserves.
I can tell you there is severe dissent going on right now in BP over this.
TH project will have to downsized. And this is the point.
huge doesn't work any more, if it ever did. De centralization is the MEME
now. Multiple doable projects scattered, hitting critical mass.
Like the planet works, eh?
"You need details on Prudhoe Bay leaks, Texas Refinery killings (court docs on request), cornering the US propane market, and fuzzy math on reserves."
maybe bp SHOULD provide that information.
that has nothing to do with inventing technology that hasent been used. do you lack an understanding of the difficulty and complexity of bringing an oil or gas field large or small into production?
as long as motorists demand gas for their gas guzzling suv pleasure barges bp will try their best to provide it, $hit will happen.
would capt hazelwood have been drunk at the helm of the valdez if there wasnt demand for gasoline ?
"that has nothing to do with inventing technology that hasent been used."
I respectfully disagree.
If BP could, it would. Because it's having to turn to gangster type
activities to cover the fact that it's cutting edge activites
are turning into bleeding edge.
Technology is only a manifestation of the type of energy in use.
No more increasing of that energy, then no more increasing of that
technology.
"...would capt hazelwood have been drunk at the helm of the valdez if there wasnt demand for gasoline ?
Strange way to put it but I'll go along.
This is exactly why us Dirty Phuckin' Hippies scream to stop.
We know that a "Hazelwood" will happen. And betting the farm on a tech
like nuclear or shipping toxic waste (to an otter and it's food chain), which has a necessity of near perfect tolerance levels
spells Cascading Systems Failure.
Sobering implications for Petrobras, I would think.
Better spread that risk around.
I'm skeptical US refineries ever see one drop from Tupi.
sldulin : "I'm skeptical US refineries ever see one drop from Tupi", they will at $ 500-1000 /barrel in the holy year of 2030.
But then again I may be wrong b/c according to the BERR report discussed the other day , oil will only cost some $ 105 in 2030... 22 years from now.
More BERR : 22 years from now COAL will stay flat costing just the same .... and NAT.GAS will double its cost during these same 22 years. We have a NAT.GAS problem in other words, but if I'm not wrong there are forces in action dealing with this right now ..... the FORCE will bring the price down (again) to align with reality , forgodssake
I recall comments or a link on the Drumbeat when Tupi was announced, and haven't seen any updates, that the discovery well was gassy and fairly heavy oil - like 26 gravity - but no verification. If that is what they have found, 150 miles offshore, it is not necessarily something which they can produce, so don't look for the 2030 timeframe either. The cold ocean depths and increasingly acidic oceans are going to make producing some of these deep wells and getting that production to shore dicey. It is hard enough to maintain the integrity of production facilities on dry land.
Will the EPA try to enforce Spill Prevention Control and Countermeasure (SPCC) regulations in the deep GOM? If you don't know about SPCC plans, they are strictly formatted written documents which every producer has to maintain for every production facility, or will have to pretty soon. They used to apply only to tank battery type facilities, but the law has been expanded to cover the production facilities, flow lines and all other well or lease facilities as well. Heavy fines ARE levied if they are not developed and maintained current. They do not strictly prevent leaks, but do provide guidance in the case of problems, often to the lowest guys on the totem pole.