The article doesn't say how much, but still rather substantial. Located off 30 miles southeast of the main Mississippi outflow, 100 miles due south of Gulf's Mississippi/Alabama border.
We can all use the good news and expanded oil production, what with gas prices going up this month!
To: blam
Hey Bill, close to your island!
2 posted on
01/31/2018 2:47:19 PM PST by
Alas Babylon!
(Keep fighting the Left and their Fake News!)
To: Alas Babylon!
Soddy sheiks are crying in their beer goat milk.
3 posted on
01/31/2018 2:48:10 PM PST by
rfp1234
(I have already previewed this composition.)
To: Alas Babylon!
Earlier it was reported that the find was by a French company. Maybe Chevron is French owned?
5 posted on
01/31/2018 2:51:21 PM PST by
PIF
(They came for me and mine ... now it is your turn ...)
To: KC_Lion
6 posted on
01/31/2018 2:51:31 PM PST by
Army Air Corps
(Four Fried Chickens and a Coke)
To: Alas Babylon!
Any bets they’ll find some WHOPPERS once we start probing the Atlantic seaboard?
7 posted on
01/31/2018 2:52:46 PM PST by
DNME
(The only solution to a BAD guy with a gun is a GOOD guy with a gun.)
To: Alas Babylon!
eached a total measured depth of 29,194 feet and encountered more than 670 feet of net oil pay
How did dinosaur and fauna remains get to that depth to create oil?
9 posted on
01/31/2018 2:53:45 PM PST by
Hot Tabasco
(My cat is not fat, she is just big boned........)
To: Alas Babylon!
Winning!.....................
10 posted on
01/31/2018 2:53:55 PM PST by
Red Badger
(Wanna surprise? Google your own name. Wanna have fun? Google your friends names......)
To: Alas Babylon!
I tell you “Peak Oil” is coming, / S
13 posted on
01/31/2018 2:57:55 PM PST by
Popman
(My sin was great, Your love was greater What could separate us now…)
To: Alas Babylon!
So why the heck is gas still high. Seems almost monthly I read that a new patch has been uncovered, but I never see it in my wallet.
17 posted on
01/31/2018 3:01:35 PM PST by
WeWaWes
(When I look in the mirror I see an elephant--a bad ass elephant)
To: Alas Babylon!
So we are finally following the Russians who abandoned “Peak Oil” and fossil derive oil years ago. So much for “Peak Oil.” Drill baby, drill DEEP baby. There's crude down there in the mantle.
To: Alas Babylon!
Just bring the price of heating oil back down. Right now it is a killer.
31 posted on
01/31/2018 3:12:52 PM PST by
Revel
To: Alas Babylon!
The squares you sometimes see out the airplane window are exactly 1 mile across. That well is about 6 of those squares straight down, and 1 square deep of water above that. It's amazing technology that they can drill it. The temperatures and pressures must be extreme. The oil should blast itself right out. How did a 600 foot deep lake of dead algae get down there in the first place?
33 posted on
01/31/2018 3:21:50 PM PST by
Reeses
(A journey of a thousand miles begins with a government pat down.)
To: Alas Babylon!
Democrats and Sheiks sad.
To: Alas Babylon!
There’s lots of oil out there, but what numbers are required to make it economically viable? There are guys in west Texas that can make money at $40, and they are sitting pretty these days in the mid-60s. But it takes a lot of time and money to get the deep offshore stuff to the market.
40 posted on
01/31/2018 3:59:54 PM PST by
PAR35
To: Alas Babylon!
actually it does “more than 670 feet of net oil pay”. is a hell of a lot of pay dirt.
48 posted on
01/31/2018 7:42:05 PM PST by
reed13k
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