Untapped Oil Supply in the U.S. - Page 3

Professor Peabody · #21 (**permalink**) 06-11-2008, 03:52 PM

Quote:

Originally Posted by f0ca1

How much of that Oil can we actually get to?

That is, show me the an estimate of how much we can produce from drilling there?

Sure, there's oil there. THere's a bunch under North Dakota. The problem is, we can't get to most of it.

Every legitimate source I've read indicates that if we used ANWR for 5% of our consumption, it will be dry in a decade.

Quote:

Oil Innovations Pump New Life Into Old Wells

By JAD MOUAWAD
Published: March 5, 2007

Correction Appended

BAKERSFIELD, Calif. — The Kern River oil field, discovered in 1899, was revived when Chevron engineers here started injecting high-pressured steam to pump out more oil. The field, whose production had slumped to 10,000 barrels a day in the 1960s, now has a daily output of 85,000 barrels.

In Indonesia, Chevron has applied the same technology to the giant Duri oil field, discovered in 1941, boosting production there to more than 200,000 barrels a day, up from 65,000 barrels in the mid-1980s.

http://www.nytimes.com/2007/03/05/bu...%20Corporation

Are you stuck in the 1890's? Technology my friend....technology.

Foul-Mouthed-Margaret · #22 (**permalink**) 06-11-2008, 05:07 PM

Quote:

Originally Posted by JP5

So, why do libs and Dems act as if they've never heard of it???

Most have, I would imagine. Same for republicans, too. Heck, in case we all forgot, slant drilling was one of the charges Saddam used as a reason to invade Kuwait.

Quote:

On that, we agree. It will not bother me one bit to see the Hummer's go by the wayside.

No more hummers?

Oh, the car....my bad.

f0ca1 · #23 (**permalink**) 06-12-2008, 12:54 AM

Quote:

Originally Posted by JP5

I already gave you the estimates. BLM's lead scientist Richard Watson estimates about 7.7 billion barrels just in the ANWR area alone. The average estimates are around 10 billion barrels.

That's NOT production that's gross. How many barrells can it produce a day?

Because, the magic number for this to make a real difference is 20 million barrels a day.

So, tell me, how many barrels can it produce?

f0ca1 · #24 (**permalink**) 06-12-2008, 12:56 AM

Quote:

Originally Posted by Professor Peabody

Are you stuck in the 1890's? Technology my friend....technology.

200,000 barrels a day is a lot less than the 20 million we consume.

What, do you think we're consuming at reconstruction era levels?

G_Haile12 · #25 (**permalink**) 06-12-2008, 01:07 AM

Actually no one knows truly how much crude reserves Saudi Arabia has, because that is a state secret.

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