[Keith_McClary]

You are completely clueless as to the Cornucopian view. That is all I can say, LOL!

You make it very clear:

finite < amount of recoverable oil < infinite

[copious.abundance]

And you want everyone to die of starvation, famine, and economic collapse, complete with zombie hoards running around the ruins of wasted cities. You just can't *wait* for it to happen!

[copious.abundance]

pstarr did not understand my reply. I'll let him read it over and think about it again. Though I don't have much hope he'll still understand it, since he does not understand Cornucopianism in the first place.

[Deputy Barnes]

It's no longer a question of how much oil is left in the ground. It's a question of how much water is going into to the refined gasoline.

[ROCKMAN]

Deputy – It is amazing what difference even $80/bbl makes when it comes to high water cut production. With an injection well on a lease in Texas I can get rid of water for about $0.30/BBL. At $80/bbl I can net around $56/bbl. So if I produce 50 bopd of high water cut production I can get rid of around 160 bwpd and break even. IOW at a 75% water cut I can cover my costs. So at lower a w/c I can start making a profit. At $100/bbl for oil would break even at an 82% w/c.

[Keith_McClary]

pstarr did not understand my reply. I'll let him read it over and think about it again. Though I don't have much hope he'll still understand it, since he does not understand Cornucopianism in the first place.

Would you recommend:
https://en.wikipedia.org/wiki/Cornucopian
?

[copious.abundance]

^
That is actually a halfway decent description, though there is debate on whether human population will continue to increase or level off, and whether or not humans will go into space. The answer to either question is not actually important to Cornucopians, because if human population does level off it will be that much easier to provide material goods for them, and if we do not colonize space then that probably means human population will eventually level off.

Personally I think human population will eventually level off (at what level, I do not know), and I'm agnostic about the space thing. It seems more likely human robot-descendants will colonize space rather than humans themselves, but I do not hold that view with any sort of strong conviction. I would not be surprised if we were forever confined to earth.

[Subjectivist]

Deputy – It is amazing what difference even $80/bbl makes when it comes to high water cut production. With an injection well on a lease in Texas I can get rid of water for about $0.30/BBL. At $80/bbl I can net around $56/bbl. So if I produce 50 bopd of high water cut production I can get rid of around 160 bwpd and break even. IOW at a 75% water cut I can cover my costs. So at lower a w/c I can start making a profit. At $100/bbl for oil would break even at an 82% w/c.

Can you build a big shallow retention pond and let some of the water evaporate in the loosiana heat before you pay someone to inject the rest back into the ground?

[copious.abundance]

What evidence do you have that robots of such capacity will ever exist?

I don't, which is why I said:

... but I do not hold that view with any sort of strong conviction. I would not be surprised if we were forever confined to earth.

If robots like that are, in fact, possible, I wouldn't be surprised if they're the ones who colonize space. If they aren't possible, then space may not be colonized and we could be confined to earth.

Got it? You mistook a "maybe" statement for a statement of certainty.

[Deputy Barnes]

It is likely that humans have already colonized space. Trillions of dollars get funneled in to black research projects the public is unaware of, and we have several decades of reliable eyewitness and photographic/video evidence of unidentified flying objects that fit the criteria for spaceships; like "impossible" speeds measured by radar; antigravity, etc. I myself was one of many who witnessed such phenomena in my town a few years ago, a giant hovering triangle some 200 feet in the air, totally silent. Watched it shoot off at basically the speed of light, it seemed. No noise. Countless numbers of people have seen the same thing all over the world. If we have not engineered this technology it was given to us by visitors from another world, or they really are the crafts of visitors who will inevitably make themselves at home here and presumably take some of us to space at some time in the future. In any case it stands to reason that space can be and has been colonized by highly intelligent lifeforms.

[Deputy Barnes]

Deputy – It is amazing what difference even $80/bbl makes when it comes to high water cut production. With an injection well on a lease in Texas I can get rid of water for about $0.30/BBL. At $80/bbl I can net around $56/bbl. So if I produce 50 bopd of high water cut production I can get rid of around 160 bwpd and break even. IOW at a 75% water cut I can cover my costs. So at lower a w/c I can start making a profit. At $100/bbl for oil would break even at an 82% w/c.

Good money.

[ROCKMAN]

Sub – “Can you build a big shallow retention pond and let some of the water evaporate”. Evaporate??? I’ll guess you’ve never spent much time on the Gulf Coast. There can be some days in the summer when you’ll think you’re going to drown in your own sweat. LOL. And then there’s the rain: I’ve had to haul rain water that collected in pits to disposal wells to keep them from overflowing. BTW do you recall what I said about rain water collecting inside the ring dikes that surround my drill sites in La? I can’t pump the water off the pad into the surrounding swamp: I have to suck it up in a vacuum truck ($75/hr) and pay ($3-$6 per bbl) it to have it injected into a disposal well.

It doesn’t get much publicity but salt water disposal in a huge expense in the US even when you’re doing it as cheap as possible by injecting into a disposal well on the lease. All of which explains why I don’t have a great deal of sympathy for N Dakota operators complaining about any new flaring restrictions. If I can deal with those state *ssholes in La and still make a profit they can do the same in ND. LOL.

[sparky]

.
Maybe it would help if the question was severely restricted
how much conventional crude oil is left to extract ? ( not including condensates )

[DesuMaiden]

.
Maybe it would help if the question was severely restricted
how much conventional crude oil is left to extract ? ( not including condensates )

Ok, then let me change the question...

how much conventional crude is left to extract?

Can anyone answer that question?

[MD]

.
Maybe it would help if the question was severely restricted
how much conventional crude oil is left to extract ? ( not including condensates )

Ok, then let me change the question...

how much conventional crude is left to extract?

Can anyone answer that question?

No one can answer that question.

Not with precision Pete, but who needs precision for this?

"Conventional" oil reserves as defined today are between one and two trillion barrels.

There are trillions and trillions of other barrels out there.

If the planet doesn't choke on fumes, we can hold a production plateau for a number of years yet.

Alternately we can hit a downslope which means lots of bad news for billions of humans.

That's about it.

By the way, the difference between one and two trillion doesn't change things by more than a few years.