Welcome, Ziggy.
Gordon Brown talks bollocks on Peak Oil
Moderator: Peak Moderation
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biffvernon
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Blue Peter
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Excellent. How far are we through the world's reserves, then?ziggy12345 wrote:Hi
I just joined this forum and find it rather informative. I have been a welltesting engineer for the last 28 years and have been involved in the collection of data to measure most of all the major and minor oil reservoirs in the world so have intimate knowledge of the worlds remaining oil supplies
Peter.
Does anyone know where the love of God goes when the waves turn the seconds to hours?
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emordnilap
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All's fair. No more cruel to him than us.Vortex wrote:Oh, that's cruel ... don't scare the poor chap (chapesse?) off!emordnilap wrote:welcome ziggy12345
Might I respectfully suggest reviewing a few past threads and give us your opinion? Start here.
I experience pleasure and pains, and pursue goals in service of them, so I cannot reasonably deny the right of other sentient agents to do the same - Steven Pinker
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RenewableCandy
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RGR
ziggy12345 wrote:Hi
I just joined this forum and find it rather informative. I have been a welltesting engineer for the last 28 years and have been involved in the collection of data to measure most of all the major and minor oil reservoirs in the world so have intimate knowledge of the worlds remaining oil supplies
Last edited by RGR on 02 Aug 2011, 05:36, edited 1 time in total.
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ziggy12345
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RGR
Yes you are correct RGR Welltesting is only one aspect but this information is critical along with volumetric methods and a suitable recovery factor in determining the recoverable reserves of a rervoir.
My experience with tight gas sands and other marginal reserves such as fractured basement rocks as in Vietnam usual end with a dry hole and the company disregarding the lease as uneconomic. This usually assumes a conventional recovery method.
Fields such as the Barnet and Bakken you talk about are very low permeability and are very discontinuous. The flow from these fields would be low even with long reach horizontal drilling and I am sure there is test data that shows this (not sure but will check). Recovery is estimated at between 2-5%
The Greenland offshore reserves you talk about are estimated at around 110 billion barrels. Usually these figures are widely exaggerated and I cant see this being an exception. So lets say there is 60 billion barrels. If you take the time for exploration and development you are looking at 5-8 years. 60 billion barrels sounds like a lot until you realise its less than 2 years world wide consumption. So its just a bump on the down slope.
I was initially trying to point out, in line with the topic, that the claims politicians make are usually based on some flawed information and inflated for some economic or political reason and the real information is almost impossible to find.
Cheers
Yes you are correct RGR Welltesting is only one aspect but this information is critical along with volumetric methods and a suitable recovery factor in determining the recoverable reserves of a rervoir.
My experience with tight gas sands and other marginal reserves such as fractured basement rocks as in Vietnam usual end with a dry hole and the company disregarding the lease as uneconomic. This usually assumes a conventional recovery method.
Fields such as the Barnet and Bakken you talk about are very low permeability and are very discontinuous. The flow from these fields would be low even with long reach horizontal drilling and I am sure there is test data that shows this (not sure but will check). Recovery is estimated at between 2-5%
The Greenland offshore reserves you talk about are estimated at around 110 billion barrels. Usually these figures are widely exaggerated and I cant see this being an exception. So lets say there is 60 billion barrels. If you take the time for exploration and development you are looking at 5-8 years. 60 billion barrels sounds like a lot until you realise its less than 2 years world wide consumption. So its just a bump on the down slope.
I was initially trying to point out, in line with the topic, that the claims politicians make are usually based on some flawed information and inflated for some economic or political reason and the real information is almost impossible to find.
Cheers
What this web site has lacked until now has been an industry insider who was an engineer with hard data from the work face.
This has allowed all sorts of arguments to rage where neither side had the unpoliticed evidence to back their claims.
Of course, one individual can only provide a tiny snapshot of the whole world picture, and extrapolating from their knowledge and experience could lead to dangerous generalisations.
However, I for one welcome Ziggy and hope (s)he stays around a long time.
I once knew a cat called Ziggy. As dismal an example of the feline species as it has ever been my misfortune to encounter...
This has allowed all sorts of arguments to rage where neither side had the unpoliticed evidence to back their claims.
Of course, one individual can only provide a tiny snapshot of the whole world picture, and extrapolating from their knowledge and experience could lead to dangerous generalisations.
However, I for one welcome Ziggy and hope (s)he stays around a long time.
I once knew a cat called Ziggy. As dismal an example of the feline species as it has ever been my misfortune to encounter...
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eatyourveg
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Andy Hunt
http://greencottage.burysolarclub.net
http://greencottage.burysolarclub.net
Eternal Sunshine wrote: I wouldn't want to worry you with the truth.
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RGR
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RGR
They are probably getting their information from someone called 'Reserve Growth Rulz' I expect. Does exactly what it says on the tin, for a very modest fee.ziggy12345 wrote:the claims politicians make are usually based on some flawed information and inflated for some economic or political reason
Full internet propaganda campaign included in the price.
Andy Hunt
http://greencottage.burysolarclub.net
http://greencottage.burysolarclub.net
Eternal Sunshine wrote: I wouldn't want to worry you with the truth.
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ziggy12345
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- Joined: 28 Nov 2008, 10:49
No I didn't graduate as a petroleum engineer but do have a pretty good understanding of the field.
From what I see here and elsewhere and why I wanted to contribute was that easily accessible information that anybody can understand is being miss interpreted and misrepresented to give people false hopes.
In my opinion we are on the early stages of the oil decline and there will be some fundamental changes in the world on a time scale shorter than people expect. There has been lots of debate on the possibilities of things happening but my feeling is that we will experience things we least expect.
I suspect people in the know already have an idea of the problems the world will encounter and are planning pre-emptive action. Iraq might have already been the first step.
The least likely scenario is that things will continue as they are. That is the most scariest thing of all.
Cheers
From what I see here and elsewhere and why I wanted to contribute was that easily accessible information that anybody can understand is being miss interpreted and misrepresented to give people false hopes.
In my opinion we are on the early stages of the oil decline and there will be some fundamental changes in the world on a time scale shorter than people expect. There has been lots of debate on the possibilities of things happening but my feeling is that we will experience things we least expect.
I suspect people in the know already have an idea of the problems the world will encounter and are planning pre-emptive action. Iraq might have already been the first step.
The least likely scenario is that things will continue as they are. That is the most scariest thing of all.
Cheers
Last edited by ziggy12345 on 28 Nov 2008, 21:07, edited 1 time in total.