Argh! That's first grade spelling! No one knows.. location = there. That line you typed is painful to read.know one knows for sure what is going on with production their?
Argh! That's first grade spelling! No one knows.. location = there. That line you typed is painful to read.know one knows for sure what is going on with production their?
Don't you mean 'Baghdad Bob'? The guy that kept lying about the positions of US forces? Chemical Ali was a different guy
Bleep wrote:Ghawar News Timeline
The Saudis will pump 18.2 million barrels a day by 2030, up from 10.4 million in 2004, the IEA said.
The Saudis will pump 18.2 million barrels a day by 2030, up from 10.4 million in 2004, the IEA said.
The Saudis will pump 18.2 million barrels a day by 2030, up from 10.4 million in 2004, the IEA said.
THE PERSIAN GULF STRIKES IT RICH Mon 3 Mar 1952
SIX KINGDOMS OF OIL
The Persian Gulf Strikes it Rich ON a lonely stretch of sandy, salt-encrusted coastline ranging from Oman to Iran, in lands so parched that clear drinking water is a luxury, the greatest treasure hunt of modern times goes on. Bordering the Persian Gulf, sometimes thousands of feet below the surface, lies the greatest pool of oil in the world. So far, 50 billion barrels of oil reserves, worth at least $100 billion, have been found—and this is only the beginning
90% or so of 'Ain Dar/Shedgum's 2mbpd could water out over the course of a few years.
We are likely somewhere in the midst of that process.
That is likely the explanation for most of the Saudi production declines we have seen since June 2005 (including the failure of Haradh III and Qatif/Abu Safah to raise production)..
Newsseeker wrote:This is almost too technical for me but I still understood most of it. Hopefully a technogeek can summarize it for us.
pstarr wrote:Yes. The Oildrum is doing a magnificent job digging into this most important story. This is collaboration, journalism, and science at it best. Truth Porn can be as much fun as Doom Porn
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