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2006-09-05 Home Front Economy
Chevron gets 6k barrels/day from 28k ft drill
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Posted by mhw 2006-09-05 10:06|| || Front Page|| [11132 views since 2007-05-07]  Top

#1 in 7,000 feet of water, and more than 20,000 feet under the sea floor, breaking Chevron's 2004 Tahiti well test record as the deepest successful well test in the Gulf of Mexico.

Hard to believe... a great technology that exploits a resource that would be just a waste otherwise. way to go Chevron!

jeebus.. just think of all the oil off Caliphornia's coast and yet the "green wieners" won't even allow full and proper surveys of our vast resources there.
Posted by RD 2006-09-05 10:31||   2006-09-05 10:31|| Front Page Top

#2 and the best place for a wind farm on the east coast is Nantucket. Kerry, the windsurfer, knows that. But can't have any of those ugly windmills spoiling the waterfront views....
Posted by Bobby 2006-09-05 10:33||   2006-09-05 10:33|| Front Page Top

#3 There is more oil in the Gulf of Mexico than the ME. If we could get the EPA off our back we could take those billions of dollars going to the ME and put it directley into our economy and get some jobs to boot. Those rigs need crew support staff on shore techs and then you got all the ships or pipe line people with refiners.

The sad part is Cuba with Chinese companies are going to drill oil just 45miles southern FL IN VIEW of our beach and yet I have heard nor seen any EPA Eco protest marches rallies claiming we must stop this or the whole enviorment will colapse. Wonder why that is? I guess thou its only bad when it helps the evil US thou huh?
Posted by C-Low 2006-09-05 10:37||   2006-09-05 10:37|| Front Page Top

#4 What do you mean "our oil pressure is dropping"?
Posted by Hugo Chavez 2006-09-05 10:40||   2006-09-05 10:40|| Front Page Top

#5 Chevron opened up about 3% on the news.

Also, this discovery will eventually have to be reconciled with the fact that the current estimate of US Reserves don't include anything in deep water and this drilling depth.
Posted by mhw 2006-09-05 10:57|| http://hypocrisy-incorporated.blogspot.com/]">[http://hypocrisy-incorporated.blogspot.com/]  2006-09-05 10:57|| Front Page Top

#6 "What do you mean "our oil pressure is dropping"? -- Hugo Chavez"

Hey, now there's an idea. I wonder if it would be technically possible to set up underwater wells off the coast of Venezuela for the sole purpose of draining away the pressure from Chavez' wells?
Posted by mcsegeek1 2006-09-05 11:16||   2006-09-05 11:16|| Front Page Top

#7 "I wonder if it would be technically possible to set up underwater wells off the coast of Venezuela for the sole purpose of draining away the pressure from Chavez' wells?

Yes.
Posted by Haliburton Undersea Drilling, Inc. 2006-09-05 11:27||   2006-09-05 11:27|| Front Page Top

#8 Some directional drilling in the direction of Hugo-Land, heh.
Posted by Alaska Paul">Alaska Paul  2006-09-05 11:39||   2006-09-05 11:39|| Front Page Top

#9 This is great news. But we still need to conserve alot. $40.00 a barrell oil, will slow terroism down at leat as much as the military.
Posted by plainslow 2006-09-05 12:32||   2006-09-05 12:32|| Front Page Top

#10 Hey, now there's an idea. I wonder if it would be technically possible to set up underwater wells off the coast of Venezuela for the sole purpose of draining away the pressure from Chavez' wells?
Sure, ask Oklahoma.
Posted by Texas 2006-09-05 13:37||   2006-09-05 13:37|| Front Page Top

#11 28,000 feet? That's over FIVE MILES and a solid FOUR MILES of drill depth. Simply astonishing. Yankee ingenuity knows no bounds.
Posted by Zenster 2006-09-05 14:08||   2006-09-05 14:08|| Front Page Top

#12 Linky went pitthooee
Posted by RD 2006-09-05 15:14||   2006-09-05 15:14|| Front Page Top

#13 This is so important. We thought it was there if we could get it. Now when we go after the Iranian dwarf and his mullahs, we don't give a rat's ass about their oil threats. (ah, our very good Saudi friends too) They may hurt the Chicoms and sting the Japanese for a bit, but we can handle our own requirements.
Posted by SOP35/Rat 2006-09-05 15:49||   2006-09-05 15:49|| Front Page Top

#14 Stuff like this and opening up Alaska would help.

I am wondering how the heck Oil (from Dead Dinosaurs I presume) ended up 5 miles down.
Posted by CrazyFool 2006-09-05 15:54||   2006-09-05 15:54|| Front Page Top

#15 #14 Because oil doesn't come from dead dinosaurs?

5 miles down = tectonic activity.
Posted by Barbara Skolaut">Barbara Skolaut  2006-09-05 16:06|| http://ariellestjohndesigns.com/page/15bk1/Home_Page.html]">[http://ariellestjohndesigns.com/page/15bk1/Home_Page.html]  2006-09-05 16:06|| Front Page Top

#16 Some of the wells in the Anadarko Basin in Oklahoma are 40,000+ feet deep. There's plenty of oil in the US, it's just economically not feasible to drill much of it. It costs BIG BUCKS to drill a well more than 25,000 feet deep, and the deeper you go, the more expensive it is. We need the oil from the Gulf, and any we can find off the Atlantic and Pacific coasts. We also need to open up the drilling in some western areas of the US the environutcakes and EPA refuse to allow. We are at war, and oil is a major weapon of our enemy. We need to take that threat away from them. The only way to do that is to increase US production.
Posted by Old Patriot">Old Patriot  2006-09-05 16:56|| http://oldpatriot.blogspot.com/]">[http://oldpatriot.blogspot.com/]  2006-09-05 16:56|| Front Page Top

#17 They may hurt the Chicoms and sting the Japanese for a bit, but we can handle our own requirements.

If we could handle our own needs, the glut would drive the price of oil down so low it would help any economy, including the Chinese!
Posted by gorb 2006-09-05 17:07||   2006-09-05 17:07|| Front Page Top

#18 crazy fool

Some, maybe a lot of the very deep oil and, especially, natural gas is thought to be from a different process than the oil and gas near the surface. There are a number of theories that methane was locked into the mantle during the earth's formation.
Posted by mhw 2006-09-05 17:09|| http://hypocrisy-incorporated.blogspot.com/]">[http://hypocrisy-incorporated.blogspot.com/]  2006-09-05 17:09|| Front Page Top

#19 Word has it that it will take 2 years to get the site into full production, and the price of oil needs to be at least $55/barrel to make it doable.
Posted by Phineter Thraviger1073 2006-09-05 20:07||   2006-09-05 20:07|| Front Page Top

#20 Call me crazy, but how do you figure that becoming energy independent is going to stop muslim terrorism? We do not buy oil from them, and they keep planning the destruction of the country, what is the plan? Capet-bomb them?
Liberals, democrats, and the rest of the fifth-columners will oppose that. That they will not have the financial resources? They are plenty of them already living in western societies that will be more than willing to finance them.
It might slow them down a bit but becoming energy independent will not deter them from their ultimate goal: the destruction of this country.
Posted by TMH 2006-09-05 20:08||   2006-09-05 20:08|| Front Page Top

#21 6k bbl per day is a pretty damn good well. Lets see if it holds. Sometimes they taper off dramatically.
Posted by Besoeker 2006-09-05 20:09||   2006-09-05 20:09|| Front Page Top

#22 how do you figure that becoming energy independent is going to stop muslim terrorism?

Cuts heavily into their funding.
Posted by lotp 2006-09-05 20:23||   2006-09-05 20:23|| Front Page Top

#23 I really do not think that it takes a lot of money to conduct a devastating attack. They are evil but no stupid. Look at the plot to bring 10 airplanes down. That did not require a lot of money and the terrorists were homegrown.
Who is to say that the muslim terrorists already here could not do the same or worse.
Posted by TMH 2006-09-05 20:38||   2006-09-05 20:38|| Front Page Top

#24 TMH - are you deliberately obtuse? It's a fact that reducing funding and the price of oil reduces fungible support to Islamic terror, besides decreasing the balance of trade deficit to our least friendly traders
Posted by Frank G">Frank G  2006-09-05 20:52||   2006-09-05 20:52|| Front Page Top

#25 Frank,

Not need for insults here. I spent 8 years in the Middle East, 4 of them in Saudi Arabia. The institutionalized brainwashing that goes there transcend money. They will always have money available for terrorism. Believe me, I would like to see this country become energy independent jus to be able to see those bastards drink and eat their oil. But, like I said before, I do not believe that it will slow them down that much. Their hatred towards this country is greater than their need to feed or clothe themselves.
Posted by TMH 2006-09-05 21:03||   2006-09-05 21:03|| Front Page Top

#26 that was not an insult
Posted by Frank G">Frank G  2006-09-05 21:07||   2006-09-05 21:07|| Front Page Top

#27 TMH is right, nothing will stop their hatred of the west, in particular the United States. We are second only to Israel in their hatred. There are only two viable solutions, neither of which appear to be catching on. #1. Destroy them as a race and culture. #2. End immigration and restrict them to the sand and their region of the world.
Posted by Besoeker 2006-09-05 21:08||   2006-09-05 21:08|| Front Page Top

#28 Me too, TMH. 4 years in Expec at Aramco (database support - I'm not a petroleum guy). On the first commercial flight into Bahrain after Gulf War I, then across the causeway to the Magic Kingdom. My first day at work was the first day of Ramadan!

You know how they say they give you two buckets when you arrive in Saudi: one for the money you make, and the other for the sh*t you have to take? My sh*t bucket filled in 1995. I was never happier to get on a plane in my life.
Posted by Kirk 2006-09-05 21:25||   2006-09-05 21:25|| Front Page Top

#29 My husband's sh*t bucket filled in 2005. They thought we were crazy for coming back a year short of 5 and given up the first big pay-off. Were you in the Hills or Main Camp?
Posted by TMH 2006-09-05 21:33||   2006-09-05 21:33|| Front Page Top

#30 Several Muslim bloggers label the USA as being a rogue colony of sinister or criminal Britain andor Western Europe that needs to be destroyed. Any Euro or Westernist that believes America = Israel = USA-West out of the ME are the only agendas - read. targets for conquest-destruction by Radical Islam - is deluding himself.
Posted by JosephMendiola 2006-09-05 21:55||   2006-09-05 21:55|| Front Page Top

#31 are you deliberately obtuse?

Maybe simply not seeing the whole picture. Does the name Hezbollah ring a bell? Takes a big pile of cash to fund those mooks and buy lots and lots of rocketry supplies. Payments to families of suicide bombers, Iranian nuke research, building mosques in InfidelLand. The list goes on. Money is the lifeblood of terrorism. Without it, these guys are just whiney people living in a desert.
Posted by SteveS 2006-09-05 22:09||   2006-09-05 22:09|| Front Page Top

#32 This war is, or at least damned well should be, fought on many fronts. It will include:
*energy independence for us and our allies, which include Japan, Australia and others. Then we will not be subject to blackmail by the oil ticks. That means greater energy efficiency, alternative sources of energy, and dramatically increased domestic petroleum production.
*Decreasing or eliminating Wahhabi funding of mosques in the US, at least.
*Severely limiting persons from states sponsoring, aiding, or abetting terrorism from entering this country, and limiting movement of diplomats from places like Iran.
*Taking out financiers of terrorism. This includes Saudi princes. Take out a half dozen and many will get the message. I mean wetwork, not meeting them for lunch.
*Target key installations, or leaders that have threatened to annialate us, Isreal, or our allies. Precision big booms. Send a message that if you threaten us, we will kill you.

Then the oil ticks will get the message. They will continue their jihadi nutcase behaviors until they see the errors of their ways, so to speak.
Posted by Alaska Paul">Alaska Paul  2006-09-05 22:25||   2006-09-05 22:25|| Front Page Top

#33 I see that, Steve. Iran producing Nuclear weapons requires cash and they will sacrifice their own people to continue developing those weapons, just like that crazy North Korean is doing. North Koreans are starving but their nuclear program continues.
I agree that with less cash Hezbollah will cease to be less of a threat to Israel's existance and to some US interests in the ME but their agents around the world will still receive the cash they need to conduct terror attacks.
About building mosques on Infidel land...Talid bin waleed can continue building mosques around the world even if the price of oil drops to a dollar per barrel. His assets are not tied up in oil. The same goes for most of the saudi princes. Remember, they are evil, not stupid.

Posted by TMH 2006-09-05 22:41||   2006-09-05 22:41|| Front Page Top

#34 Alaska Paul,

Bingo! And I dare say that your last 4 actions will make a bigger dent on terrorism than becoming energy independent.
Posted by TMH 2006-09-05 22:46||   2006-09-05 22:46|| Front Page Top

#35 His assets are not tied up in oil. The same goes for most of the saudi princes. Remember, they are evil, not stupid.

his assets ARE tied to oil, and he's mortal. He's also available for whacking, should we decide we have "limited energy independence" from the Saudis and choose to exercise the opportunities that presents. If all Saudi princes had to stay home in that hellhole they've created, due to fear of wetwork, they might feel different about Allah's fine plans
Posted by Frank G">Frank G  2006-09-05 22:52||   2006-09-05 22:52|| Front Page Top

#36 I beg to differ, Frank. His fortune, for the most part, is already made and very much diversified. Now, you are absolutely right when you say: "He's also available for whacking, should we decide we have "limited energy independence" from the Saudis and choose to exercise the opportunities that presents. If all Saudi princes had to stay home in that hellhole they've created, due to fear of wetwork, they might feel different about Allah's fine plans"
That they will understand!
Posted by TMH 2006-09-05 22:57||   2006-09-05 22:57|| Front Page Top

#37 Terrorists need bucks to build and run mosques, weapons/bombs, fake IDs, bribe monies, safe houses, stash houses, wepons catches, computers, pay networks, transportation, medical, families and dependants, food support etc etc.

And anything we can do to impinge on their ability to get and or move money will be a great asset for us on the WOT.
Posted by RD 2006-09-05 23:02||   2006-09-05 23:02|| Front Page Top

#38 RD: Hows about just pick a sand trap, fig tree dotted country or two and waste them totally? Bomb it till the birds all leave.
Posted by Besoeker 2006-09-05 23:05||   2006-09-05 23:05|| Front Page Top

#39 And anything we can do to impinge on their ability to get and or move money will be a great asset to use against them.
Posted by RD 2006-09-05 23:05||   2006-09-05 23:05|| Front Page Top

#40 Brown Glass works for me! :-)
Posted by RD 2006-09-05 23:06||   2006-09-05 23:06|| Front Page Top

#41 Brown Glass works for me Besoeker!

someday [i keep saying] I WILL scan and then post my North African pics here, at least the 5 I've "dug up" so far, there's more here somewhere! LOL!
Posted by RD 2006-09-05 23:11||   2006-09-05 23:11|| Front Page Top

#42 TMH - your point is well taken, but funds can be tied up, particularly when the US declares any company dealing with them to be non gratas
Posted by Frank G">Frank G  2006-09-05 23:35||   2006-09-05 23:35|| Front Page Top

#43 His point stands true if the rest of the world also buycots them. I'm afraid China and others would rally to buy their cheap oil despite our boycot and the funding stream would continue. We must hit their wells and facilities to reach the end your after, otherwise the market will still buy, and fund.
Posted by 49 Pan">49 Pan  2006-09-05 23:41||   2006-09-05 23:41|| Front Page Top

23:54 Flish Uleregum9913
23:41 Frank G
23:41 49 Pan
23:37 JosephMendiola
23:35 Frank G
23:34 JosephMendiola
23:31 Phineter Thraviger1073
23:30 Phineter Thraviger1073
23:26 Alaska Paul
23:24 49 Pan
23:16 Besoeker
23:13 Zenster
23:11 Besoeker
23:11 Jackal
23:11 RD
23:09 Pappy
23:08 Alaska Paul
23:08 49 Pan
23:06 RD
23:05 JosephMendiola
23:05 RD
23:05 Besoeker
23:02 RD
22:58 Barbara Skolaut









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