Stories tagged with horizontal drilling
Extreme Production Measures
Posted by Dave Cohen on July 23, 2006 - 3:55pm
Topic: Supply/Production
Tags: chris skrebowski, deepwater, eor, horizontal drilling, peak oil, robert hirsch, saudi arabia, tar sands, ultra deepwater, yibal [list all tags]
[Robert] Hirsch doubts that the world can keep increasing oil flows for much longer. "CERA sees a long plateau ahead," he said. "But I can't find a plateau in the data I'm looking at." The downturn, when it comes, could take the world by surprise. "Peaking could come with little warning and sharp declines," he said....Hirsch is the principal author of the now famous Hirsch Report (large pdf). Skrebowski maintains the Megaprojects Database of future oil production. These quotes got me thinking about the shape of the peak in world oil production which Skrebowski projects as occurring in the fall of 2010."We have 1,500 days until peak and tomorrow we'll have one day less," Chris Skrebowski, the editor of Petroleum Review, told the ASPO-5 crowd today. Skrebowski's projections, which focus on oil flows instead of reserves, has the world peaking at between 92 and 94 million barrels per day. Unfortunately, he said, "collectively we're still in denial."
In coal mines, the Penitent really was
Posted by Heading Out on October 15, 2005 - 11:37pm
Topic: Supply/Production
Tags: coal, horizontal drilling, methane, natural gas, tech talk [list all tags]
There is a debate in Los Angeles about the risks involved in extending the subway from Wilshire Boulevard to the sea. The major concern is with methane pockets. Because
Millions of years ago, the L.A. Basin was under the Pacific, and centuries of dead sea life created rich reserves of fossil fuel. By the early 20th century, the fuel was being pumped out in a maze of active oil fields. Today, many of the old pumps are gone, but significant pockets of explosive methane and other subterranean gases remain.The Fairfax area -- home to the bubbling La Brea tar pits -- poses a particularly vexing problem for diggers.

k Nation (Jim Kunstler)


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