Stories tagged with "empty quarter"
Pre-vacation thoughts
Posted by Heading Out on July 10, 2006 - 11:55am
Topic: Supply/Production
Tags: empty quarter, gazprom, saudi arabia [list all tags]
Speaking of beaches, or rather sand, attention is turning back to the Middle East again, I see. While rig counts continue to go up, and I leave most of that to Stuart, it is worth a note to follow up on Leanan's catching of the Wall Street Journal story on SA moves to "unlock" their heavy oil reserves. Some of this is, I suspect, related to Manifa, since this is the field that they count as being part of their deliverable reserve, even though it is not yet refinable. At present Aramco are building a refinery to deal with the oil themselves, with production slated to begin in 2009. Though I see that they are also looking at the same sort of steam stimulation that is being used in Alberta.


k Nation (Jim Kunstler)






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