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Thursday, March 31, 2011

Cantarell Field: Mexico's Declining Giant

The new energy plan... we're going to get help from our friends and neighbors. Cantarell was once the second largest oil field in the world. Makes you wonder about those Peak oil guys!

Macondo BOP

The troublemaker....bent pipe inside the stack.

Wednesday, March 30, 2011

Obama’s disappointing energy plan - Ezra Klein - The Washington Post

Obama’s disappointing energy plan - Ezra Klein - The Washington Post: "Obama’s disappointing energy plan"

and we need incentives for renewables....yadda, yadda, yadda

Opec set for $1,000bn in export revenues

FT.com / Companies / Oil & Gas - Opec set for $1,000bn in export revenues: "Opec set for $1,000bn in export revenues By Sylvia Pfeifer, Javier Blas and David Blair in London Published: March 29 2011 22:31 Last updated: March 29 2011 22:31 Opec, the oil producers’ cartel, will reap $1,000bn in export revenues this year for the first time if crude prices remain above $100 a barrel, according to the International Energy Agency. The cartel has been one of the main beneficiaries of high oil prices, which have soared in recent weeks amid the civil uprisings in the Middle East and north Africa."

Tuesday, March 29, 2011

U.S. East Coast OCS

On August 17, 1976, the Minerals Management Service held an
auction of 154 leases off the East Coast raising $1.17 billion in lease
bonuses. Drilling on these leases commenced in 1977. A total of 35
wells were drilled in Baltimore Canyon. Eight of the 35 wells were
drilled in Hudson Canyon, which is part of the greater Baltimore
Canyon, and five of them tested natural gas at flow rates ranging
between 5.9 million cubic feet per day (mmcf/d) and 18.9 mmcf/d.
One of the wells also tested oil from a shallower formation at a flow
rate of 630 barrels per day of 48.4° API-quality crude oil. The oil
was found in a Texaco well that tested 18.9 mmcf/d of gas.

Tax the Super Rich now or face a revolution Paul B. Farrell - MarketWatch

Tax the Super Rich now or face a revolution Paul B. Farrell - MarketWatch: "Tax the Super Rich now or face a revolution Commentary: A ‘Super-Rich Delusion’ is leading us to ruin" This is just about as nutty as it gets!

Monday, March 28, 2011

Fossil Fuel Reserves

This report has been getting around. The U.S. has ample supplies of coal and natural gas.

Sunday, March 27, 2011

Table Rock Field, Wyoming

East-west seismic line over crest of Table Rock Field in the Green River Basin, Wyoming. The structure is a simple fold overlying a deep seated high angle reverse fault. Production is from geopressured Frontier formation.

Spindletop Field

The field that changed it all for the U.S., salt dome discovery and no RRC!

Friday, March 25, 2011

RIGZONE - Top Ten Ways Govt is Preventing Federal Onshore U.S. Production

RIGZONE - Top Ten Ways Govt is Preventing Federal Onshore U.S. Production: "Top Ten Ways Govt is Preventing Federal Onshore U.S. Production"
Really?

Teapot Dome



The Scandal: One of the politicains who opposed the conservation was Senator Albert B. Fall who became Warren Harding's Secretary of the Interior in 1921. Fall, upon becoming the Secretary of the Interior, convinced Secretary of the Navy Edwin Denby to turn the control of the oil fields over to him. Fall then moved to lease the Teapot Dome to Harry Sinclair's Mammoth Oil Company and the Elk Hills reserve to Edward Doheny's Pan American Petroleum Company. In return for leasing these oil fields to the respective oil magnates Fall received "gifts" from the oilmen totaling about $400,000. Fall attempted to keep actions secret but his sudden improvements in standard of living drew speculation. The scandal was first revealed to the public in 1924 after findings by a committee of the U. S. Senate. The individual within the Senate who took charge of investigating the alledged wrongdoing by Fall was Thomas J. Walsh, a democrat from Montana. Albert Fall had made legitamite leases of the oil fields to the private companies but the taking of money was his undoing.

RIGZONE - ExxonMobil to Resume Drilling at Gulf Site Within A Few Weeks

RIGZONE - ExxonMobil to Resume Drilling at Gulf Site Within A Few Weeks: "ExxonMobil to Resume Drilling at Gulf Site Within A Few Weeks"
I guess after Drill Brazil Drill statement, something had to give.

Wednesday, March 23, 2011

Haynesville Surpasses Barnett as Largest Shale Gas-Producer in US

RIGZONE - Haynesville Surpasses Barnett as Largest Shale Gas-Producer in US: "Haynesville Surpasses Barnett as Largest Shale Gas-Producer in US"

Hi Mom, we're NO.1

Oil tops $105 per barrel

Oil tops $105 per barrel - Yahoo! Finance: "Oil tops $105 per barrel
Oil rising again; gasoline prices flat, but experts say they should keep climbing this spring"
Get out your crystal ball, where does the price go from here?

Tuesday, March 22, 2011

Gas Price Historical Price Charts - GasBuddy.com

Gas Price Historical Price Charts - GasBuddy.com

Bakken Oil production: North Dakota

Bakken, Three Forks, and Sanish production has increased 70 fold primarily due to multi-stage fracturing. From SLB and North Dakota O & G Commission.

Gulf of Mexico: Thunder Horse Field seismic line

Wow! This field produces more oil than most states.

Japan Quake and tectonic action

Seismo Blog: "A Tectonic Drag Race"

This article has some terrific graphics clearly illustrating the plate relationships causing the Japan quake. I've always believed that geologic process took a very long, long time. This was not the case...tectonic drag race is a great analogy!

Monday, March 21, 2011

We Need To Find 36 MMBOPD

We Need To Find 36 Million More Barrels Of Oil A Day - Robert Lenzner - StreetTalk - Forbes: "We Need To Find 36 Million More Barrels Of Oil A Day"
Let's see, US Outer Continental Shelf, Deepwater, oil sands, oil shales...the Bakken maybe?

Texas Boys Discover 'Fossil Gold Mine' - FoxNews.com

Texas Boys Discover 'Fossil Gold Mine' - FoxNews.com: "Texas Boys Discover 'Fossil Gold Mine'
Published March 21, 2011 Associated Press Print



An artist's reconstruction of columbi sergiodlarosa -- a Columbian Mammoth.SHERMAN, Texas – For Andrew Carroll and Thomas Smith, two North Texas sixth-graders, the adventure began when they found a bone while exploring a creek southeast of Sherman"

Alaska Oil Production


Chu: My Job is to Take the Pain Out of High Gas Prices - FoxNews.com

Chu: My Job is to Take the Pain Out of High Gas Prices - FoxNews.com: "Chu: My Job is to Take the Pain Out of High Gas Prices"

let's start with some rational policy!

Sunday, March 20, 2011

Ghawar: the Magnificent Five

 Discovered in 1948 and still producing at about 5 MMBOPD and water cut on the rise..maybe. We know so little about this field compared to its importance to the world economy.

AAPG Explorer: Ghawar

Ghawar 01:2005 EXPLORER: "Saudi Arabia's Ghawar Field
The Elephant of All Elephants"
This is the field characterized as the one for the Peak oil enthusiasts to watch. Read "Twilight in the Desert" by the late Matt Simmons for a good scare!

Pajamas Media » Time to Exorcise the Oil Monster

Pajamas Media » Time to Exorcise the Oil Monster: "Time to Exorcise the Oil Monster
We can't afford to listen to the same old excuses.
March 16, 2011 - by Mercer Tyson Page 1 of 2 Next
How many times do we have to go through an oil crisis with skyrocketing gas prices and damage to the economy before we will get the monster out from under the bed?
There is no monster, of course. But as long as we think there is one, it’s no different than actually having one. So, it is time — has been for a long, long while — to change our thinking: exorcise the oil monster."

Deepwater Offshore Cross-section

Nice looking model for Gulf of Mexico petroleum geology, pick your play!

More Jobs Americans Won't Do. Unfortunately.

More Jobs Americans Won't Do. Unfortunately.

And we thought the administration was not a supporter of the oil and gas industry. Deep water subsalt plays are good policy for Brazil because Petrobras would like to become a major player in the energy world. How does the Gulf of Mexico fit into this plan?

Saturday, March 19, 2011

ATP Oil & Gas Wins Deep-Water Drilling Permit; Shares Surge - Bloomberg

ATP Oil & Gas Wins Deep-Water Drilling Permit; Shares Surge - Bloomberg: "ATP Oil & Gas Wins Deep-Water Drilling Permit; Shares Surge
By Katarzyna Klimasinska - Mar 18, 2011 2:49 PM MT
ATP Oil & Gas Corp. won a U.S. permit to drill in the deep waters of the Gulf of Mexico, the third company cleared to resume work halted last year after BP Plc (BP/)’s oil spill. The company surged in New York trading."

Gaining momentum!

RIGZONE - OMSA: Salazar Is Not Issuing New Deepwater Permits

RIGZONE - OMSA: Salazar Is Not Issuing New Deepwater Permits: "OMSA: Salazar Is Not Issuing New Deepwater PermitsOffshore Marine Service AssociationFriday, March 18, 2011

Jim Adams, president and CEO of the Offshore Marine Service Association (OMSA), said that BOEMER's late-Friday announcement that it has issued an additional permit for deepwater drilling is misleading."

Earthquake proof a wine cellar or not!

Earthquake proof a wine cellar - Wired How-To Wiki: "Earthquake proof a wine cellar
From Wired How-To Wiki
Jump to: navigation, search
Want to guard the objects of your oenophilia from a temblor? Or maybe just save your grapes from shakes? Either way, there are often simple and inexpensive steps you can take to make your wine cellar more earthquake resistant."

Ok, just keeping you prepared for the impending apocalypse...in style!

Friday, March 18, 2011

Thursday, March 17, 2011

RealClearScience - Guinness is More Enjoyable in Ireland

RealClearScience - Guinness is More Enjoyable in Ireland: "Guinness is More Enjoyable in Ireland
Anna Davison, Miller-McCune

AP PhotoThere’s a long-standing Irish tradition observed in bars and pubs far from the Emerald Isles: If offered a pint of Guinness outside their native land, Irish drinkers may mutter about unpleasant aftertastes and provide scathing commentary on the bartender’s tapping technique.
Guinness, they say, doesn’t travel well."

Happy St. Patrick's Day and enjoy a Guinness!

Aneth Field, Paradox Basin Utah

Type log from Aneth Field. Desert Creek is described as an algal mound and has been both water and CO2 flooded during its rich history. Discovered by Texaco in 1956, the field has produced more than 480 MMBO and 383 BCFG.

Powering Up the U.S.

Coal will always play an important role in our energy future. If  the Nuclear portion drops at all, then coal and natural gas will supply about 75% of our future electric generating needs. Even Boone Pickens is bailing on the wind thing!

Palin: Obama hostile to energy production « Hot Air

Palin: Obama hostile to energy production « Hot Air: "Palin: Obama hostile to energy production
Share
posted at 12:55 pm on March 16, 2011 by Ed Morrissey"

It's interesting that the administration actually believes it has an energy policy... or something!

Wednesday, March 16, 2011

Tuesday, March 15, 2011

Risk-Free Energy: Surely, You Must Be Joking

RealClearScience - Risk-Free Energy: Surely, You Must Be Joking: "Risk-Free Energy: Surely, You Must Be Joking"
If it were a perfect world, we would have anti-gravity machines....or something!

Japan Earthquakes, Triple junction seismic activity.

10-degree Map Centered at 40°N,140°E






This is from the U.S. geological Survey, the larger the square, the bigger the earthquake. Tokyo is located near the Boso triple junction, where are known areas of seismic activity. Triple junctions occur at tectonic plate margins. These areas are described as zones where any combination of transforms faults, subduction zones, or ocean ridges meet, sometimes with disatrous consequenses.

Monday, March 14, 2011

Nuclear Experts Explain Worst-Case Scenario at Fukushima Power Plant: Scientific American

Nuclear Experts Explain Worst-Case Scenario at Fukushima Power Plant: Scientific American: "Nuclear Experts Explain Worst-Case Scenario at Fukushima Power Plant
The type of accident occurring now in Japan derives from a loss of offsite AC power and then a subsequent failure of emergency power on site. Engineers there are racing to restore AC power to prevent a core meltdown."

I hope restoring power to the core is the simple solution.

Sunday, March 13, 2011

BraveNewClimate

BraveNewClimate: "Fukushima Nuclear Accident – a simple and accurate explanation"

I don't even know if this is a remotely accurate analysis...??

Friday, March 11, 2011

Noble Tamar Info

The Tamar No.1, tested a subsalt, Lower Miocene structure. More than 460' of pay can be identified on formation logs. T.D was 16,076' and Cretaceous rocks were not penetrated. Noble has additionally made a discovery at Leviathon and have a number of prospects to test in 2011.

The Ring of Fire

We're not talking about Johnny Cash....we're talking about volcanos and subduction zones, all that geological stuff.

RIGZONE - Barnett Shale Passes Gas Production Milestone

RIGZONE - Barnett Shale Passes Gas Production Milestone: "Barnett Shale Passes Gas Production Milestone"

It looks like Exxon was the smatest guy in the room after their XTO purchase.

Gulf of Mexico Oil Production

How important is the deepwater Gulf of Mexico to the energy security of the U.S. Thunder Horse platform contributes more oil production than most states. Tahiti platform also makes the top 10. Deepwater drilling permits..... MIA?

Thursday, March 10, 2011

Libyan Oil Fields Map

here's a good map showing the geographic disribution of oil and gas fields in Libya. It looks like the freedom fighters have a huge area to protect the associated infrastructure.

Upstream: Cuba rig delayed « Bud's Offshore Energy (BOE)

Upstream: Cuba rig delayed « Bud's Offshore Energy (BOE): "Upstream: Cuba rig delayed
February 23, 2011 by offshoreenergy

Scarabeo 9Delivery of a Chinese-built drilling rig that will open the first full-scale exploration for oil in Cuban waters looks unlikely until at least August in the latest delay to beset the project, sources said this week. Upstream"

Vern Buchanan Introduces Bill to Stop Cuban Offshore Drilling Near Florida | Sunshine State News

Vern Buchanan Introduces Bill to Stop Cuban Offshore Drilling Near Florida | Sunshine State News: "Florida Republican joins Bob Graham in warning about hazards to the Sunshine State"

Drilling off Florida is a hot button issue for the Sunshine State. I recently read that Repsol has pushed back its drilling plans until late summer. I'll keep you posted on the progress.

Six-Figure Bus Drivers & Other Working-Class Heroes - HUMAN EVENTS

Six-Figure Bus Drivers & Other Working-Class Heroes - HUMAN EVENTS: "Six-Figure Bus Drivers & Other Working-Class Heroes"

Tell it as you see it!

Wednesday, March 9, 2011

Fayetteville Shale Gas: Decline vs. Lateral length

This is a typical evolutionary cycle of the unconventional shale gas play. Verical wells get bigger and bigger fracs. Then the horizonatal learning curve starts. The laterals increasingly become longer, which results in an increasing number of frac stages. Just a couple of years ago, SWN was hoping to get out 3500'.
Oh yeah, and gas is under $4.00/mcf.

Haynesville Shale Reserves

The map above illustrates the wide areal extent of Petrohawks mapping of the estimated ultimate gas reserves (EUR) in the Haynesville shale formation. This map was published by Petrohawk as a slide in their recent corporate presentation.

US Oil Fund


I suppose the most recent runup is the Libya effect!

The strategic reserve we’re not willing to tap « Hot Air

The strategic reserve we’re not willing to tap « Hot Air: "The strategic reserve we’re not willing to tap
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posted at 9:30 am on March 9, 2011 by Ed Morrissey"

Why not tap our petroleum reserves in the Gulf of mexico, Offshore East coast, Offshore california, or Alaska?