Massive "new" oil discoveries?

[zeke]

I spotted this list of oil discoveries in a thread where the poster explained that "massive amounts" of oil will be coming to market over the next 10 years thanks to these new miracle discoveries...

I'm inclined to think that these "new discoveries" are simply chewed meat which has been discussed before, simply sexed up to sound like the Big Thing that Will Save Us which the cornucopians love to talk about.

Never mind that some of this miracle oil is 5 miles under the ocean and bedrock, or that some of the "discoveries" are theoretical guesses based on what we might hope to find based on something else.

Rather than taking on an unpaid part time research job debunking this stuff, I'm hoping that someone here knows of a site which has done that already, and to which these googly-eyed children can be referred for some edumacation?

thanks!

zeke


Up to 33 billion barrels offshore Brazil
http://www.huffingtonpost.com/2008/04/1 ... 96693.html

200 billion barrel field waiting in U.S.
http://www.nextenergynews.com/news1/nex ... 2.13s.html

10 billion barrel field discovered off Mexico
http://news.bbc.co.uk/2/hi/americas/4808466.stm

New 1 billion barrel field in Iran
http://www.boston.com/news/world/asia/a ... oil_field/

New fields in the South China Sea
http://www.redorbit.com/news/business/1 ... china_sea/

One billion tons of oil in eastern Hebei province (China)
http://www.chinamining.org/Policies/200 ... d5008.html

Large oil field found in Belize
http://www.npr.org/templates/story/stor ... Id=6248500

68 million acres of U.S. federal lands still not drilling, but will
http://www.politickernj.com/senatormene ... ation-bill

Horizontal drilling ramping up
http://www.geology.wisc.edu/courses/g115/oil/4.html

[pstarr]

I spotted this list of oil discoveries in a thread where the poster explained that "massive amounts" of oil will be coming to market over the next 10 years thanks to these new miracle discoveries...

I'm inclined to think that these "new discoveries" are simply chewed meat which has been discussed before, simply sexed up to sound like the Big Thing that Will Save Us which the cornucopians love to talk about.

Never mind that some of this miracle oil is 5 miles under the ocean and bedrock, or that some of the "discoveries" are theoretical guesses based on what we might hope to find based on something else.

Rather than taking on an unpaid part time research job debunking this stuff, I'm hoping that someone here knows of a site which has done that already, and to which these googly-eyed children can be referred for some edumacation?

thanks!

zeke

Up to 33 billion barrels offshore Brazil
http://www.huffingtonpost.com/2008/04/1 ... 96693.html

Classic high-hanging fruit. Under 20,000 feet of water and rock and between 3,000 feet of spongy salt that will steal the oil. Hot and under pressure.

200 billion barrel field waiting in U.S.
http://www.nextenergynews.com/news1/nex ... 2.13s.html

Liquid tied up in non-porous, non-permiable rock. SAGH and THAI methods are costly to the point it may require more energy to release the petroleum then is contained in it. Bad eroei.

10 billion barrel field discovered off Mexico
http://news.bbc.co.uk/2/hi/americas/4808466.stm

Wednesday, 15 March 2006. Anything new? Is those 10 billion barrels OOIP, Proven, probable, or possible? Who knows?

New 1 billion barrel field in Iran
http://www.boston.com/news/world/asia/a ... oil_field/

1 billion barrels==1 month consumption

New fields in the South China Sea
http://www.redorbit.com/news/business/1 ... china_sea/

"14,000 barrels with seven wells under trial production." That's 7 large stripper wells in Texas.

One billion tons of oil in eastern Hebei province (China)
http://www.chinamining.org/Policies/200 ... d5008.html

See Iran.

Large oil field found in Belize
http://www.npr.org/templates/story/stor ... Id=6248500

"3,000 barrels a day of sweet crude" That's a large stripper well in Texas. Call us when you can report 100,000 bpd

68 million acres of U.S. federal lands still not drilling, but will
http://www.politickernj.com/senatormene ... ation-bill

Those 68,000 acres have been problematic for many years. Our recent interest doesn't change a thing. Why haven't the oil companies produced this resource before demanding recently even more OCS be opened?

Horizontal drilling ramping up
http://www.geology.wisc.edu/courses/g115/oil/4.html

Nothing new. 1970's technology.

[pstarr]

Mods please replace hanging html with links.

Zeke, use the link button above The green circle with the chain below.

[sicophiliac]

I think that 10 billion in Mexico was revised down to like 50 million soon after the initial press release. 1 billion barrels in Iran is not much at current consumption rates. The Petrobras finds are promising but still might only had a few million barrels a day to global production in another 5 years or so.. will soften landing at best but cant alter peak. There is a a youtube video of congressman Bartlett I think his name is, anyways he went into great depth about peak oil in testimony to congress and stated that even another TRILLION barrels would only put peak oil off another 8 years or so. I am sure there are many variables in considering that hypothetical but you can see you really need a huge huge find of oil to really change things.

[zeke]

yeah...it really is a monument to our gluttony.

I don't know how else to say it!

I'd like to think I could be just fine on a minimal amount of energy, but then there are those around me for whom life is hell without non-stop air conditioning, ultra-expensive cars, ridiculous housing, disposibility, etc.

I know how we got here. I wish more would wake up to it.


zeke