[Xenophobe]

How is this hydrogen produced?

Who cares...now that peak oil has been a bust, are you worried about peak hydrogen? I shouldn't make fun of that idea, peak hydrogen might be a serious issue, versus that of any particular fossil fuel.

[vision-master]

Thanks pstarr, the shills here have nothing to offer other than some really bad breath and smelly farts.

[Xenophobe]

Thanks pstarr, the shills here have nothing to offer other than some really bad breath and smelly farts.

Noticing that hydrogen is a common element in the universe and on our planet is not being a shill, it is simply a fact. Knowing the ease with which it can be turned into a fuel, or a chemical feedstock, is also a fact.

For some reason, people often confuse relative differences in ease of use with some level of impossibility. For example, oil is not "easy" to use when compared to steam power generated by the combustion of wood. Yet humans will readily abandon wood fired steam boilers for more efficient machines, even if the fuel is much more difficult to extract, as it is for crude oil.

In terms of using hydrogen as a fuel, the same statements apply, except from a technical standpoint hydrogen is much easier to get. Landfills, dairy farms, natural gas, water, methane hydrates, biogenic gas from shale formations, the list goes on and on. Much easier to refine than crude in that it maybe requires only separation from its source (the addition of electricity to water for example, but not the capturing of methane from landfills) and compression.

Put it in a tank, run your normal ICE on it. Some of this won't happen of course, because of the plentiful nature of natural gas, itself in different forms. In Brazil cars run on gasoline, ethanol, and CNG. It would not be any more difficult to throw hydrogen into the mix, except for the complexities of whatever is in the compressed gas tank at any point in time.

Just as some of us can now EV to work, making the price of gasoline commuting irrelevant to our personal peak oil solutions, some of us in the future will do other things to make peak oil irrelevant. I provided multiple links, each of which tackles the consequences of Mexico not being able to export crude to the US. At the end of the day, it hurts Mexico more than it does the US.

[vision-master]

Our way of life is ending.

Expect the masses to start waking up this Month!

[TheAntiDoomer]

^ I'll be waiting..... .......again

[vision-master]

What makes you think you are exempt?

Why are you anti?

If one believes in Christ, then one believes in the Anti-Christ.

Are you waiting for the second comming?

Why not just be true to oneself?

[Xenophobe]

Our way of life is ending.

Expect the masses to start waking up this Month!

Go look at the Predictions thread. You aren't saying anything new.

[vision-master]

But! Will our life change come 'like a thief in the night'?

[Xenophobe]

But! Will our life change come 'like a thief in the night'?

No, because the topic is Cantarell, and it isn't dying like a thief in the night, but more like other oilfields, a long, slow decline into obscurity. How about that Lima oilfield on the Findley Arch....now THAT was a horrifying decline!

[vision-master]

a long, slow decline into obscurity

Ok, let's call it a stripper well.

[Xenophobe]

a long, slow decline into obscurity

Ok, let's call it a stripper well.

It will most certainly get there. They all do. Just as they've been doing for a century and a half. The only people who seem surprised by all of it are the peak oilers, they read "Cantarell is declining!" and post like schoolgirls text after prom night...wait 6 months....see another article...post "Cantarell is still declining!"..like schoolgirls after another prom....and so on and so forth. Cantarell was dead the day the first well started producing, and nothing between then, and its future stripper well status, is a surprise to anyone at all...but I'm sure in another 6 months someone will notice an article...and they'll post "Cantarell is declining some more!" and a whole bunch of people will act surprised....again....and blame whatever the current events are on it...."housing starts were down 1% last month, I saw that in the paper, those stupid sheeple don't even know its because Cantarell is declining but us goldfish, we got this one covered!".

And so on and so forth.

[Newfie]

Our way of life is ending.

Expect the masses to start waking up this Month!

If only, not much evidence here.

Do you know something you could share?

[vision-master]

I've been trying, seems like many ppl here are still in the denial stage.

Mostly egos opening mouths here.

[Xenophobe]

I've been trying, seems like many ppl here are still in the denial stage.

Mostly egos opening mouths here.

Is that what its called, 5 years after peak oil and all we got was a mortgage related credit crisis? Sort of hard to use this as excuse to collect gold and guns and ammo AGAIN don't you think? All the stuff which never went bad from the LAST time we were told the world was going to end....it doesn't have an expiration date, can't we just use that stuff, this time?

[vision-master]

It will pass

[AirlinePilot]

I think the main thing to take away from the Cantarell story is that this rapid..and it is fairly rapid...decline was not EXPECTED. Just like the reserve claims of several large OPEC producers...we sail along and then get smacked upside the head with reality. I think if you go back 8-10 years no one was talking about rapid declines in Cantarell happening NOW.

Big difference from the point Xenophobe is using as a failed rebuttal to the "doomers". I think this is going to be the story moving forward, but thats just my opinion.

[vision-master]

Yo AP!

[Tanada]

Mexico’s oil production has steadily decreased since 2005 as a result of natural production declines from Cantarell and other large offshore fields. In August 2014 in an effort to address the declines of its domestic oil production, the Mexican government enacted constitutional reforms that ended the 75-year monopoly of Petroleós Mexicanos (PEMEX), the state-owned oil company.

The role of the petroleum sector as a component of Mexico’s economy has decreased significantly in recent years as a result of tax reform, the drop in oil prices, and diversification of the Mexican economy.1 The oil sector generated only 6% of the country’s export earnings in 2015, down from about 30% in 2009, according to Mexico’s central bank.2 The 2015 federal budget was based on Mexican crude oil being valued at $79 per barrel (/b), although Mexican Maya crude oil averaged about $46/b in 2015.3 However, Mexico regularly hedges a price for their oil production, and in 2015 the country secured a price of $76.40/b, thus earning a windfall profit of $6.4 billion.4 The price for 2016 oil exports was hedged at $49/b and the 2017 price at $42/b, while the proposed 2017 federal budget will assume crude oil prices to average $35/b in 2017.5

Mexico’s oil production has declined over the past decade, as has the country’s position as a net oil exporter to the United States.

Mexico produced an average of 2.6 million barrels per day (b/d) of petroleum and other liquids in 2015 (Figure 3). Crude oil accounted for 2.3 million b/d, or 86%, of total output, with the remainder attributed to lease condensate, natural gas liquids, and refinery processing gain. Mexico’s total oil production has declined substantially, falling 32% from its peak in 2004. Notably, crude oil production in 2015 was at its lowest level since 1981 and has continued to decline in 2016. Mexico is a significant crude oil exporter, the third largest in the Americas, but the country is a net importer of refined petroleum products. The United States, is the destination for most of Mexico’s crude oil exports and the source of most of its refined product imports.

Reserves

According to the Oil & Gas Journal (OGJ), Mexico had 9.7 billion barrels of proved oil reserves as of the end of 2015.9 Most reserves consist of heavy crude oil varieties, with the largest concentration occurring offshore of the southern part of the country, particularly the Campeche Basin. There are also sizable reserves in onshore basins in the northern parts of Mexico.

Cantarell was once one of the largest oil fields in the world, but its output has been declining significantly for a decade. Production at Cantarell began in 1979 but stagnated as a result of falling reservoir pressure. In 1997, PEMEX developed a plan to reverse the field’s decline by injecting nitrogen into the reservoir to maintain pressure, which was successful for a few years. However, production rapidly declined beginning in 2005—initially at extremely rapid rates, and more gradually in recent years. In 2015, Cantarell produced an average of 228,000 b/d of crude oil. This level was about 90% below the peak production level of 2.1 million b/d reached in 2004 and 29% lower than the year before.10 As production at the field declined, so has its relative contribution to Mexico’s oil sector. Cantarell accounted for just 9% of Mexico’s total crude oil production in 2015, compared with 63% in 2004.11

KMZ, which is adjacent to Cantarell, has emerged as Mexico’s most prolific oil field. Crude oil production nearly tripled between 2004 and 2013, when it reached 864,000 b/d. PEMEX used a nitrogen reinjection program similar to the one used at Cantarell. PEMEX hopes to increase output over the next few years, in part through the development of the anticipated Ayatsil field coming online in 2019. However, views differ about whether the KMZ complex has already reached peak production.

http://www.eurasiareview.com/10122016-m ... -analysis/