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Keyword: oildiscovery

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  • Huge oil discovery on Golan Heights

    10/07/2015 3:29:07 AM PDT · by Wiz-Nerd · 26 replies
    Globes English ^ | 07/10/2015 | Globes correspondent
    Estimates are that the amount of oil found will make Israel self sufficient for very many years to come. After more than a year of round-the-clock drilling, large amounts of oil have been found on the Golan Heights. Estimates are that the amount of oil discovered will make Israel self sufficient for very many years to come. Afek Oil and Gas chief geologist Dr. Yuval Bartov told Channel 2 News, "We are talking about a strata which is 350 meters thick and what is important is the thickness and the porosity. On average in the world strata are 20-30 meters...
  • The Latest Major Energy Discovery Could "Dwarf North Dakota" (Louisiana)

    03/10/2013 11:54:34 AM PDT · by stinkerpot65 · 42 replies
    streetauthority.com ^ | January 29, 2013 | Chad Tracy
    As the Cline is roughly 9,800 square miles in size, this works out to estimated reserves in excess of 30 billion barrels. These reserves could easily eclipse the Bakken (4.3 billion barrels according to conservative government estimates) and the Eagle Ford (3 billion barrels).
  • Rolling in Heavenly Aisles

    04/05/2011 9:10:42 PM PDT · by Ari Bussel · 9 replies
    Rolling in Heavenly Aisles By Norma Zager “Let me tell you something that we Israelis have against Moses. He took us 40 years through the desert in order to bring us to the one spot in the Middle East that has no oil.” Golda Meir First, someone needs to apologize to Moses for Mrs. Meir, but I am certain she has already interrupted the heavenly Mah Jong game to do so herself. Of course Moses wasn’t surprised and is probably passing out cigars to everyone and bragging, “Nu, I told you so. They never bothered to look.” God has a...
  • Utah Sees Boom in Oil Exploration

    06/24/2005 9:45:23 AM PDT · by rockthecasbah · 2 replies · 948+ views
    RIGZONE.COM | 6/21/05 | RIGZONE.COM
    The Utah State Division of Oil, Gas and Mining is poised to approve up to 1,500 oil-drilling permits in 2005, setting a record for the second consecutive year. Division chief John Baza last week told a legislative committee the discovery of a large oil field near Sigurd seems to be driving the interest in Utah oil. Baza reported his division has seen a "smattering" of interest in eastern Utah's oil shale and tar sands, but technology to make them commercially viable still hasn't arrived. Oil production has risen, Baza said, largely due to a major discovery in the Covenant oil...