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#1
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more oil than the entire Persian Gulf combined.
http://www.breitbart.com/article.php...show_article=1 This has been speculated about for years, but it's finally coming together. Oddly, there is a similar field off the coast of New Jersey at about the same depth but it hasn't been explored. Interesting. |
#2
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On Tue, 14 Jul 2009 20:22:35 -0400, Wizard of Woodstock
wrote: more oil than the entire Persian Gulf combined. http://www.breitbart.com/article.php...show_article=1 This has been speculated about for years, but it's finally coming together. Oddly, there is a similar field off the coast of New Jersey at about the same depth but it hasn't been explored. Interesting. Our woeful attempt to commandeer Iraq's oil may not have been necessary after all? |
#3
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On Tue, 14 Jul 2009 20:22:35 -0400, Wizard of Woodstock wrote:
more oil than the entire Persian Gulf combined. http://www.breitbart.com/article.php...show_article=1 This has been speculated about for years, but it's finally coming together. Oddly, there is a similar field off the coast of New Jersey at about the same depth but it hasn't been explored. Interesting. You know, Tom, production has never been our problem. IIRC, we are still the third largest petroleum producer. It's our insatiable appetite. Without addressing that appetite, there won't be any magical production bullet. This country has been the most prospected country on the planet. We know where the oil is, it's a matter of recovery. Hell, that Bakken Formation was discovered in the early fifties, but the recovery technologies (horizontal drilling) is relatively recent. Even now, the technically recoverable oil from that formation, @ 4 billion barrels, would only last us about eight months. |
#4
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posted to rec.boats
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On Wed, 15 Jul 2009 05:55:03 -0500, thunder
wrote: On Tue, 14 Jul 2009 20:22:35 -0400, Wizard of Woodstock wrote: more oil than the entire Persian Gulf combined. http://www.breitbart.com/article.php...show_article=1 This has been speculated about for years, but it's finally coming together. Oddly, there is a similar field off the coast of New Jersey at about the same depth but it hasn't been explored. Interesting. You know, Tom, production has never been our problem. IIRC, we are still the third largest petroleum producer. It's our insatiable appetite. Without addressing that appetite, there won't be any magical production bullet. This country has been the most prospected country on the planet. We know where the oil is, it's a matter of recovery. Hell, that Bakken Formation was discovered in the early fifties, but the recovery technologies (horizontal drilling) is relatively recent. Even now, the technically recoverable oil from that formation, @ 4 billion barrels, would only last us about eight months. Directional drilling has been around since the '40s when Sperry developed the gyroscope during the war and that technology was applied to drilling. That technology was improved on in the early '70s with mud motors (I was actually on the first test bore - Texaco #5 in the Gulf). The more recent innovation that I'm familiar with is Auto Trek with the Quantec bits built by Baker/Hughes. My point is that the field is bigger and more accessible than previously thought - plus there seems to be a companion field close to it and the Canadian fields look to have a similar configuration. If we have the technology and we can access this supply while we build our "renewable" future and slowly reduce our dependence on fossil fuels while keeping prices low and buying time to build a more efficient transmission system (Smart Grid) with more environmentally friendly energy sources, why not do it? This rush to IMMEDIATELY stop thinking about our own supplies of fossil fuels and change to hopefully new sources is silly. |
#5
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On Wed, 15 Jul 2009 07:21:05 -0400, Captain Yogi of Woodstock wrote:
Directional drilling has been around since the '40s when Sperry developed the gyroscope during the war and that technology was applied to drilling. That technology was improved on in the early '70s with mud motors (I was actually on the first test bore - Texaco #5 in the Gulf). The more recent innovation that I'm familiar with is Auto Trek with the Quantec bits built by Baker/Hughes. Not directional drilling, horizontal drilling. The shale formation is @ 140' thick, 2 miles down. Tricky target. We used to directional drill to cover more territory from one location, but horizontal drilling is new to me. http://nextbigfuture.com/2008/02/mul...fracturing-of- horizontal_29.html My point is that the field is bigger and more accessible than previously thought - plus there seems to be a companion field close to it and the Canadian fields look to have a similar configuration. If we have the technology and we can access this supply while we build our "renewable" future and slowly reduce our dependence on fossil fuels while keeping prices low and buying time to build a more efficient transmission system (Smart Grid) with more environmentally friendly energy sources, why not do it? This rush to IMMEDIATELY stop thinking about our own supplies of fossil fuels and change to hopefully new sources is silly. Hey, I can't disagree with anything you say. It isn't going to be *one* solution, but a multitude of solutions. Nuclear, wind, solar, oil, and even coal, will play a part, but ultimately, cutting down on our appetite has to also be a part. |
#6
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posted to rec.boats
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On Wed, 15 Jul 2009 06:41:47 -0500, thunder
wrote: On Wed, 15 Jul 2009 07:21:05 -0400, Captain Yogi of Woodstock wrote: Directional drilling has been around since the '40s when Sperry developed the gyroscope during the war and that technology was applied to drilling. That technology was improved on in the early '70s with mud motors (I was actually on the first test bore - Texaco #5 in the Gulf). The more recent innovation that I'm familiar with is Auto Trek with the Quantec bits built by Baker/Hughes. Not directional drilling, horizontal drilling. The shale formation is @ 140' thick, 2 miles down. Tricky target. We used to directional drill to cover more territory from one location, but horizontal drilling is new to me. http://nextbigfuture.com/2008/02/mul...fracturing-of- horizontal_29.html You say tomato, I say tomahtoe. :) My point is that the field is bigger and more accessible than previously thought - plus there seems to be a companion field close to it and the Canadian fields look to have a similar configuration. If we have the technology and we can access this supply while we build our "renewable" future and slowly reduce our dependence on fossil fuels while keeping prices low and buying time to build a more efficient transmission system (Smart Grid) with more environmentally friendly energy sources, why not do it? This rush to IMMEDIATELY stop thinking about our own supplies of fossil fuels and change to hopefully new sources is silly. Hey, I can't disagree with anything you say. It isn't going to be *one* solution, but a multitude of solutions. Nuclear, wind, solar, oil, and even coal, will play a part, but ultimately, cutting down on our appetite has to also be a part. I agree with you - consumption has to also be a part of the solution. And here's the odd part - I think that most folks would agree with us. I mean if you and I can agree, and we're a little apart in the political sense, why can't the morons running the country see that and work find the solutions we need? I don't get it. |
#7
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posted to rec.boats
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On Wed, 15 Jul 2009 08:23:50 -0400, Wizard of Woodstock
wrote: On Wed, 15 Jul 2009 06:41:47 -0500, thunder wrote: On Wed, 15 Jul 2009 07:21:05 -0400, Captain Yogi of Woodstock wrote: Directional drilling has been around since the '40s when Sperry developed the gyroscope during the war and that technology was applied to drilling. That technology was improved on in the early '70s with mud motors (I was actually on the first test bore - Texaco #5 in the Gulf). The more recent innovation that I'm familiar with is Auto Trek with the Quantec bits built by Baker/Hughes. Not directional drilling, horizontal drilling. The shale formation is @ 140' thick, 2 miles down. Tricky target. We used to directional drill to cover more territory from one location, but horizontal drilling is new to me. http://nextbigfuture.com/2008/02/mul...fracturing-of- horizontal_29.html You say tomato, I say tomahtoe. :) My point is that the field is bigger and more accessible than previously thought - plus there seems to be a companion field close to it and the Canadian fields look to have a similar configuration. If we have the technology and we can access this supply while we build our "renewable" future and slowly reduce our dependence on fossil fuels while keeping prices low and buying time to build a more efficient transmission system (Smart Grid) with more environmentally friendly energy sources, why not do it? This rush to IMMEDIATELY stop thinking about our own supplies of fossil fuels and change to hopefully new sources is silly. Hey, I can't disagree with anything you say. It isn't going to be *one* solution, but a multitude of solutions. Nuclear, wind, solar, oil, and even coal, will play a part, but ultimately, cutting down on our appetite has to also be a part. I agree with you - consumption has to also be a part of the solution. And here's the odd part - I think that most folks would agree with us. I mean if you and I can agree, and we're a little apart in the political sense, why can't the morons running the country see that and work find the solutions we need? I don't get it. You're upset with the conservative trait of resisting change? |
#8
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posted to rec.boats
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Captain Yogi of Woodstock wrote:
On Wed, 15 Jul 2009 05:55:03 -0500, thunder wrote: On Tue, 14 Jul 2009 20:22:35 -0400, Wizard of Woodstock wrote: more oil than the entire Persian Gulf combined. http://www.breitbart.com/article.php...show_article=1 This has been speculated about for years, but it's finally coming together. Oddly, there is a similar field off the coast of New Jersey at about the same depth but it hasn't been explored. Interesting. You know, Tom, production has never been our problem. IIRC, we are still the third largest petroleum producer. It's our insatiable appetite. Without addressing that appetite, there won't be any magical production bullet. This country has been the most prospected country on the planet. We know where the oil is, it's a matter of recovery. Hell, that Bakken Formation was discovered in the early fifties, but the recovery technologies (horizontal drilling) is relatively recent. Even now, the technically recoverable oil from that formation, @ 4 billion barrels, would only last us about eight months. Directional drilling has been around since the '40s when Sperry developed the gyroscope during the war and that technology was applied to drilling. That technology was improved on in the early '70s with mud motors (I was actually on the first test bore - Texaco #5 in the Gulf). The more recent innovation that I'm familiar with is Auto Trek with the Quantec bits built by Baker/Hughes. My point is that the field is bigger and more accessible than previously thought - plus there seems to be a companion field close to it and the Canadian fields look to have a similar configuration. If we have the technology and we can access this supply while we build our "renewable" future and slowly reduce our dependence on fossil fuels while keeping prices low and buying time to build a more efficient transmission system (Smart Grid) with more environmentally friendly energy sources, why not do it? This rush to IMMEDIATELY stop thinking about our own supplies of fossil fuels and change to hopefully new sources is silly. Hope and change is silly? Why that's un American. Eisboch has recently acquired a guitar of investment quality that he is willing to sell me at a very attractive price. When I get more info on it, can I email you and solicit your opinion? |
#9
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posted to rec.boats
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On Wed, 15 Jul 2009 07:48:58 -0400, J i m
wrote: Captain Yogi of Woodstock wrote: On Wed, 15 Jul 2009 05:55:03 -0500, thunder wrote: On Tue, 14 Jul 2009 20:22:35 -0400, Wizard of Woodstock wrote: more oil than the entire Persian Gulf combined. http://www.breitbart.com/article.php...show_article=1 This has been speculated about for years, but it's finally coming together. Oddly, there is a similar field off the coast of New Jersey at about the same depth but it hasn't been explored. Interesting. You know, Tom, production has never been our problem. IIRC, we are still the third largest petroleum producer. It's our insatiable appetite. Without addressing that appetite, there won't be any magical production bullet. This country has been the most prospected country on the planet. We know where the oil is, it's a matter of recovery. Hell, that Bakken Formation was discovered in the early fifties, but the recovery technologies (horizontal drilling) is relatively recent. Even now, the technically recoverable oil from that formation, @ 4 billion barrels, would only last us about eight months. Directional drilling has been around since the '40s when Sperry developed the gyroscope during the war and that technology was applied to drilling. That technology was improved on in the early '70s with mud motors (I was actually on the first test bore - Texaco #5 in the Gulf). The more recent innovation that I'm familiar with is Auto Trek with the Quantec bits built by Baker/Hughes. My point is that the field is bigger and more accessible than previously thought - plus there seems to be a companion field close to it and the Canadian fields look to have a similar configuration. If we have the technology and we can access this supply while we build our "renewable" future and slowly reduce our dependence on fossil fuels while keeping prices low and buying time to build a more efficient transmission system (Smart Grid) with more environmentally friendly energy sources, why not do it? This rush to IMMEDIATELY stop thinking about our own supplies of fossil fuels and change to hopefully new sources is silly. Hope and change is silly? Why that's un American. Caught that did you? I'm sorry - I know we're all trying to change the tone of the group, but I couldn't resist. :) Eisboch has recently acquired a guitar of investment quality that he is willing to sell me at a very attractive price. Hmmmm - go on? :) When I get more info on it, can I email you and solicit your opinion? Absoutely. first name last name at swsports dot org. Now I'm curious - the suspense will kill me. Well, maybe not kill me, but certainly annoy me. |
#10
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posted to rec.boats
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Tom Francis - SWSports wrote:
On Wed, 15 Jul 2009 07:48:58 -0400, J i m wrote: Captain Yogi of Woodstock wrote: On Wed, 15 Jul 2009 05:55:03 -0500, thunder wrote: On Tue, 14 Jul 2009 20:22:35 -0400, Wizard of Woodstock wrote: more oil than the entire Persian Gulf combined. http://www.breitbart.com/article.php...show_article=1 This has been speculated about for years, but it's finally coming together. Oddly, there is a similar field off the coast of New Jersey at about the same depth but it hasn't been explored. Interesting. You know, Tom, production has never been our problem. IIRC, we are still the third largest petroleum producer. It's our insatiable appetite. Without addressing that appetite, there won't be any magical production bullet. This country has been the most prospected country on the planet. We know where the oil is, it's a matter of recovery. Hell, that Bakken Formation was discovered in the early fifties, but the recovery technologies (horizontal drilling) is relatively recent. Even now, the technically recoverable oil from that formation, @ 4 billion barrels, would only last us about eight months. Directional drilling has been around since the '40s when Sperry developed the gyroscope during the war and that technology was applied to drilling. That technology was improved on in the early '70s with mud motors (I was actually on the first test bore - Texaco #5 in the Gulf). The more recent innovation that I'm familiar with is Auto Trek with the Quantec bits built by Baker/Hughes. My point is that the field is bigger and more accessible than previously thought - plus there seems to be a companion field close to it and the Canadian fields look to have a similar configuration. If we have the technology and we can access this supply while we build our "renewable" future and slowly reduce our dependence on fossil fuels while keeping prices low and buying time to build a more efficient transmission system (Smart Grid) with more environmentally friendly energy sources, why not do it? This rush to IMMEDIATELY stop thinking about our own supplies of fossil fuels and change to hopefully new sources is silly. Hope and change is silly? Why that's un American. Caught that did you? I'm sorry - I know we're all trying to change the tone of the group, but I couldn't resist. :) Eisboch has recently acquired a guitar of investment quality that he is willing to sell me at a very attractive price. Hmmmm - go on? :) When I get more info on it, can I email you and solicit your opinion? Absoutely. first name last name at swsports dot org. Now I'm curious - the suspense will kill me. Well, maybe not kill me, but certainly annoy me. Hey, annoying you... That's my job. But I can use all the help I can get, so, I'll take it ![]() |
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