Post by Ethan / JRyan on Aug 9, 2019 20:48:37 GMT -5
From Poster 'justapleb' - Sorry man, your article was too good to let it remain buried in comments: I had never even thought of this...
Remember this?
The Energy :Non-Crisis Paperback – 1981 by Lindsey Williams (Author)
There was supposedly 30 Bbbl more up there around Gull Island. I know BP drilled the ANWR in the early 80's. This comment got me to thinking. The Permian provided most of the allied oil in WWII. Read this and let it sink in.....wow.
Time out for Shale?
Read the Oil & Gas Journal's Aug 2 Article on Permian productivity and observe that nifty chart on how productivity per well is marching steadily upward.
How many times does the story of new technology and more experience have to be told? I mean since Malthus, not Hubbert.
Alaska's North Slope has quietly transformed itself into a massive network of roads ideally suited to a massive roll-out of what were once considered tertiary extraction methods. When the pipeline was built in the 70's, the largest cost was political. The largest oil field on the continent was blocked for years until the 1973 oil embargo crisis. Then suddenly Congress just passed an act declaring all the environmental permitting requirements null and void, told the courts to **** off, and the pipe made in Japan years before, rusting away, was finally put to use. Overnight.
This time, nothing can stop it. The pipeline has 2 million barrels a day of capacity waiting. The roads have already been built, it is staggering - I am a pilot and have flown the North Slope from Barrow to Canada. In 1973 it was all wilderness. Now it is a vast network of roads. I could land a B-52 on some of those roads, and airstrips everywhere too.
If one well pays, then so will ten thousand others. The scale of this thing makes the Permian look like a ******* bath tub. I was at a presentation by Great Bear Petroleum more than a decade ago, you should have seen the butt-holes pucker on all those Chamber of Commerce and Rotary suits when he stated a million barrels a day, sure - no problem.
There have been advances in geostatistics, in 3D mapping, etc. since then. I don't know when it is going to happen, just that when it does I am going to hear whining and moaning from the Peak Oil crowd yet again. Who ever expected the largest oil field on the continent would have any oil in it? Who would have thought all the same things being done elsewhere could be applied there as well?
How many times does the story of new technology and more experience have to be told? I mean since Malthus, not Hubbert.
Alaska's North Slope has quietly transformed itself into a massive network of roads ideally suited to a massive roll-out of what were once considered tertiary extraction methods. When the pipeline was built in the 70's, the largest cost was political. The largest oil field on the continent was blocked for years until the 1973 oil embargo crisis. Then suddenly Congress just passed an act declaring all the environmental permitting requirements null and void, told the courts to **** off, and the pipe made in Japan years before, rusting away, was finally put to use. Overnight.
This time, nothing can stop it. The pipeline has 2 million barrels a day of capacity waiting. The roads have already been built, it is staggering - I am a pilot and have flown the North Slope from Barrow to Canada. In 1973 it was all wilderness. Now it is a vast network of roads. I could land a B-52 on some of those roads, and airstrips everywhere too.
If one well pays, then so will ten thousand others. The scale of this thing makes the Permian look like a ******* bath tub. I was at a presentation by Great Bear Petroleum more than a decade ago, you should have seen the butt-holes pucker on all those Chamber of Commerce and Rotary suits when he stated a million barrels a day, sure - no problem.
There have been advances in geostatistics, in 3D mapping, etc. since then. I don't know when it is going to happen, just that when it does I am going to hear whining and moaning from the Peak Oil crowd yet again. Who ever expected the largest oil field on the continent would have any oil in it? Who would have thought all the same things being done elsewhere could be applied there as well?