Posted on 06/13/2010 8:33:12 PM PDT by TwoLegsGood
By CHRISTOPHER COOPER Staff Reporter WALL STREET JOURNAL HOUSTON
Something mysterious is going on at Eugene Island 330.
Production at the oil field, deep in the Gulf of Mexico off the coast of Louisiana, was supposed to have declined years ago.
for a while, it behaved like any normal field: Following its 1973 discovery, Eugene Island 330's output peaked at about 15,000 barrels a day. By 1989, production had slowed to 4,000 barrels a day. Then suddenly - some say almost inexplicably - Eugene Island's fortunes reversed.
The field, operated by PennzEnergy, is now producing 13,000 barrels a day, and probable reserves have rocketed to more than 400 million barrels from 60 million. Stranger still, scientists studying the field say the crude coming out of the pipe is of a geological age quite different from the oil that gushed 10 years ago.
Fill 'er Up
All of which has led some scientists to a radical theory: Eugene Island is rapidly refilling itself, perhaps from some continuous source miles below the Earth's surface. That -raises the tantalizing possibility that oil may not be the limited resource it is assumed to be.
Now, she says, "I believe there is a huge system of oil just migrating" deep underground.
Conventional wisdom says the world's supply of oil is finite, and that it was deposited in horizontal reservoirs near the surface in a process that took millions of years.
Since the economies of entire countries ride on the fundamental notion that oil reserves are exhaustible, any contrary evidence "would change the way people see the game, turn the world view upside down," says Yergin, a petroleum futurist and industry consultant in Cambridge, Mass.
"Oil and renewable resource are not words that often appear in the same sentence."
(Excerpt) Read more at interactive.wsj.com ...
Jest go to show you, the know it all’s don’t know it all, at all!!
The core of the earth is a power plant like the sun. It is heating rocks all the time creating more oil. God knows how we have a reactor earth core and a reactor sun.
I wish I knew how to use html tags, the whole article at the first link in comments
Gonna go order my great big honkin SUV first thing tomorrow morning !!
The cited article is from 1999. Anything newer about whats going on? Sounds to me like this one oil well is being replenished by a deeper source. Nothing too mysterious about that.
Russian scientists have promoted for years the theory that oil is “abiotic” ie) comes from geological phenomena, not “dead dinosaurs.”
Given that hydrocarbons are found on Saturn’s moons, and oil is found at levels much deeper than any organic material could ever go would support this.
Ok for all that may stare at this with a puzzled look
check out abiotic oil the Russian headen venture into disproving God by showing oil is an renevable inexaustible resource
However I don’t think any oil so far had not contained algea traces so no smoking gun yet on abiotic origin of oil
Plus this is not the only oil field that is being replenished
Just in closing a funthing would be converting methane onto diesel and running all until time where vodoo clean energy is to anpoint where I can replace this mythical algea fuel
Sorry fir typos etc hard to type win thumbs
partying words by Diesel
quote: “First thing oil industry created was an artificial shortage”
Didn’t a guy named Thomas Gold come up with an idea that oil and other hydrocarbons were generated by geological processes deep in the Earth’s crust, which would explain why old wells suddenly filled up again? Weren’t there people in Sweden drilling through the crust there looking for oil?
Anyone out there know this stuff?
And what happens when we suck all the oil out of the reactor core? We lose the magnetic field, compasses stop working, the earth is pummeled with mini asteroids!
AAAAAAH, we’re all gonna die!!!!
If you read the whole article, I think you might see that this is an volcano that has been cracked open by deep drilling in the Gulf, and the oil and gasses there are not going to “run out” any time soon.
The Perdido platform peak production will be 100,000 barrels of oil equivalent a day in 8000 feet of water
http://www.shell.com/home/content/media/news_and_library/press_releases/2010/perdido_31032010.html
Interesting you mention asteroids... is loss of the magnetic field on earth something that attracts meteors? Just fmi
thank you
Except if the well is so deep and has caused fissures miles away to come up that you can not contain it outside a nuke set down in the core of the earth.
BUMP to read later while filling up for $2.519
It’s not a Wall Street Journal link?
Even with all the oil we suck out of the ground now, there is still oil pouring out of undersea vents, and some places on land where it pools up on the ground.
In 100 years, we haven't apparently made a dent in it.
If you have an account at the Journal, that’s the link, if not see the other one someone posted for me, it was a repost from another site.
Did you see the post about the oil pressure in the Gulf? No human ability to contain.
That whispering is the sound of the EnviroNuts and Lefties getting their panties tied into very tight knots.
Either way, big Green i$ the Big Lie.
BTW, don't know why I haven't posted it previously, but the word for “Pale” in Greek is “Green”. As in Pale Horse of the Apocalypse.
"If you read the whole article, I think you might see that this is an volcano that has been cracked open by deep drilling in the Gulf, and the oil and gasses there are not going to “run out” any time soon."
perfect!!!
I bet you are not part of "BIG-OIL" or "BIG-ENVIROMENT."
Your point makes sense...
:-)
Well, obviously, but thanks for underscoring the problem!
sea creature at 8000 feet of water from the shell perdido drilling —from the link i posted above
http://www.youtube.com/watch?v=a1HJiWzZzMI&feature=related
It’s just another aquatic dinosaur that lived through the Flood, right?
Green is the color of the lefty, Marx loving radicals. AND Islam.
The biosphere, it is deep and hot.
Sounds like a real Green Triumvirate, huh?
Nope. Asteroids (and other objects) are attracted to earth by its gravity, not its magnetic field.
Humans drilling for oil may be preventing oil seeps in the environment, now wouldn’t that be ironic?
Yup. I've been wishing Gold were still alive to comment on the blowout. I read his book " Deep Hot Biosphere" and found it credible and well written.
Abiogenic carbon fuels, not fossil fuels.
Side note: The estimates for how much oil is spewing out of the BP well are all over the map. The highest one I’ve seen is 100,000bpd. Near as I can tell is, if true, it would be the most productive well in the world.
I’m sure the estimate is quite on the high side.
bttt
I grew watching TV ads showing dieing dinosaurs morphing into pools of oil......now I think there must have been a lot of dinosaurs all keeling over in the same place....huh? Gawd, I’ve been lied to.
It’s not high if they tapped into a mother-load reservoir of oil. World class reservoir.
I knew it all once
HTML can be a trifle intimidating when you first start out.But you'll pick it up as you get involved and motivated to do specific things.
HTML Information, Links, etc. for FReeper Newbies
. .. and then let it lay fallow like a farmers field for awhile so it can replenish.
God does know
Very good article.
This is why I laugh at the people who believe the “peak oil” theory. It is only a theory. Currently, we have no clue how oil is formed. The Russian who says oil is made in the earth’s crust not from plant or animal matter, may just be right. We don’t know.
This is why I laugh at the oil depletion alarmists. We just don’t know if we are running out of oil or not. Lets keep our powder dry until we learn a little more.
Google search “abiotic oil”. Methane trapped within the earth’s mantle rises slowly accumulating under the crust. the deeper we drill, the more likely we are to tap in to this source.
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