Exploring Hydrocarbon Depletion
NEW! Members Only Forums!
Access more articles, news & discussion by becoming a PeakOil.com Member.
a brown oily material that is as full of itself as the rear end is full of it. touche! But more to the point; this "catalog" of "discoveries" is little more than list of free, industry, press-releases that "oilfinder" uncovers nightly down in his basement "seismic laboratory". Those muffled popping sounds you hear? That's his thumper truckOilFinder2 wrote:It looks like you have given up on anyone finding substantial amounts of new oil, and have turned to touting natural gas.
Huh???? Now what are you pulling out of your rear end?
Aug 24, 2011(Reuters) - When Brazil discovered huge offshore crude reserves four years ago, state oil company Petrobras sketched out plans to become a regional fuel exporter. That plan has since been turned upside down.
Rapid domestic economic growth and rising fossil fuels use has turned it into a recurrent fuels importer, with occasional gasoline purchases in 2010 evolving into regular imports that may not cease until the end of the decade.
OilFinder2 wrote:dorlomin wrote:While I am not the sharpest knife in the drawer, I am not a complete idiot either.OilFinder2 wrote:Recoverable running total year to date: 10.546 billion barrels minimum to 15.984 billion barrels maximum
OIP running total year to date: 13.484 billion barrels minimum to 14.984 billion barrels maximum
How precisely does the maximum recoverable exceed the maximum discovered oil in place?
Why is the minimum recoverable volume about 78% of the minimum oil in place? Are you listing recoverable without oil in place?
I explained this earlier, but perhaps you missed it.
Starting this year, I am keeping recoverable figures totally separate from OIP figures. If a company reports a recoverable number, I put it in the recoverable category. If a company reports an OIP figure, I put it in the OIP category. If they report both, I only use the recoverable number.
The official added that the actual amount of oil and condensate discovered last year exceeds 2.87 billion barrels ...
OilFinder2 wrote:As is usual with these Iranian discoveries, it's a bit vague as to whether the amount listed is a recoverable or an OIP figure, but the article uses the word "reserves," and that kinda-sorta sounds more like they're referring to something that will eventually be booked as a recoverable reserve, so I'm putting it in the recoverable category.
Size of discovery: 8 -10 billion barrels recoverable
Date: May 19, 2012
Company(s): National Iranian Oil Company
Name: Sardar-e Jangal
Location: Caspian Sea, Iran
Flow rate of test well(s): No information
Estimated production startup date: No information
Recoverable running total year to date: 13.966 billion barrels minimum to 16.766 billion barrels maximum
OIP running total year to date: 0 barrels minimum to 0 barrels maximum
Iran Oil Discoveries: Name - Size - Month/Year
Bangestan layer of the Ab-Teymour oil field - 2 billion barrels - 1/07
Addition to Azadegan oilfield - 2.2 billion barrels - 3/08
Addition to Jofeir oilfield - 750 million barrels - 6/08
Un-named field in Khuzestan - 220 million barrels - 7/08
Un-named field in Nar Assaluyeh - 525 million barrels - 7/08
Four different fields in various locations - 3.7 billion barrels - 8/08
Addition to Band-e-Karkheh - 2.8 billion barrels - 4/09
Additions to Sousangerd - 8.83 billion barrels - 8/09
Somar - 70 million barrels - 2/10
Ferdowsi (new oil layer in existing gas field) - 34 billion barrels OIP - 11/10
Khayyam - 170 million barrels - 5/11
Un-named discoveries - 2.7 billion barrels - 4/12
Sardar-e Jangal - 8-10 billion barrels - 5/12
pstarr wrote:Dude, you understand where these numbers come from? I am telling you they are lies. Who are you going to believe? The peakers or Mahmoud Ahmadinejad?
Users browsing this forum: No registered users and 17 guests