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Re: Newebie

Postby jackwindsor » Mon 12 Nov 2007, 13:01:16

$this->bbcode_second_pass_quote('Cornelian', 'W')elcome Jack. Whereabouts in the world are you? There sure is heaps to learn here. :)


Toronto, Canada
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Yet another Newbie

Postby Nordsven » Tue 13 Nov 2007, 04:06:28

I have been hanging out and around here for some time and have now decided to join in the conversation.

I've been a peak oil believer for about 3 - 4 years mainly because my father is in the oil patch and thus I learned alot about oil economics.

I was raised in Dickinson North Dakota, an oil town. The bakken formation, a famous oil reserve, is nearby and is one of the biggest in-land oil field discoveries. It's said to contain 200 - 400 BBO
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Re: Yet another Newbie

Postby stu » Tue 13 Nov 2007, 10:29:33

Welcome aboard.

Will be good to hear from someone with a bit of an insight into the oil markets. :)
"The age of excess is over. The age of entropy has begun"
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Re: Yet another Newbie

Postby PraiseDoom » Tue 13 Nov 2007, 21:09:33

$this->bbcode_second_pass_quote('Nordsven', '
')
I was raised in Dickinson North Dakota, an oil town. The bakken formation, a famous oil reserve, is nearby and is one of the biggest in-land oil field discoveries. It's said to contain 200 - 400 BBO


Wow. Bigger than Saudia Arabia? And every land rig in the country isn't flowing towards North Dakota as we speak...why?
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Re: Yet another Newbie

Postby Nordsven » Wed 14 Nov 2007, 00:43:09

It's not so much about the quantity of oil that is there, but more about the amount that is able to be recovered. Most estimates range between 5 and 15 %. Also the rate of which this oil is recovered is also relatively small. That being said according to Dan Gunderson in this article he explains that Marathon plans on spending 1.5 billion dollars and drilling 300 new oil wells in North Dakota within next 5 years. The article explains that a geologist predicted that the Bakken had 400 BBbls of oil.

Heres the article if anyones interested.

http://minnesota.publicradio.org/displa ... /18/ndoil/

I own land that is in the Bakken play which is why I've researched it.
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Re: Yet another Newbie

Postby PraiseDoom » Wed 14 Nov 2007, 01:09:29

$this->bbcode_second_pass_quote('Nordsven', 'T')he article explains that a geologist predicted that the Bakken had 400 BBbls of oil.

Heres the article if anyones interested.

http://minnesota.publicradio.org/displa ... /18/ndoil/




I don't know if "predicted" is quite the word. Throwing around numbers derived from a possible in place oil calculation and generalized recovery factor can be a very tricky, and very misleading, thing.
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Re: Yet another Newbie

Postby PraiseDoom » Wed 14 Nov 2007, 12:16:02

$this->bbcode_second_pass_quote('pstarr', '
')
The 400 billion barrels are dispersed in a 200,000-square-mile formation known as the Bakken. Peak oil is a production constraint, not a reserve issue.


"Dispersed" and "capable of generating" are two different things.

Julie Talks About Leighs Paper

And if reserves weren't wrapped up in the Doomer argument to a large extent, we would have run out back when Hubbert thought we only had 250 BBO of worldwide reserves in 1956. Which means we would have run out in about 1968. And that didn't happen either, did it?
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Re: Yet another Newbie

Postby Nordsven » Wed 14 Nov 2007, 18:23:40

Interesting stuff, thanks for the input pstarr and PraiseDoom, the level of knowledge on this forum is ridiculous. Either you both knew of the bakken formation or researched it, either way I'm extremely impressed.

My guess for what the bakken formation ultimately will contribute to the worlds oil supply will be minute. Still an interesting discovery nonetheless.
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Hello

Postby ses » Sun 02 Dec 2007, 14:10:03

I've followed the oil stuff et.c. for a few years, mostly lurking in TOD and here.

Joined to see if the 'view posts since last visit' works better than the 'last 24 hours', ;); well, perhaps also to post something if appropriate - seems that most issues are handled by very knowledgeable people so there.

Fine site, one of a few that I care to follow regularly... thanks for the people keeping this running. I think I have an inkling of how much work is needed... ;)
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Re: Hello

Postby TheTurtle » Sun 02 Dec 2007, 15:27:07

Welcome! :)
“Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves.” (Ted Perry)
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Re: Hello

Postby steam_cannon » Mon 03 Dec 2007, 05:58:47

$this->bbcode_second_pass_quote('ses', 'I')'ve followed the oil stuff et.c. for a few years, mostly lurking in TOD and here.
Welcome! :-D

[smilie=lurk.gif]
Don't lurk, join the fray!
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Hello all

Postby Dry » Mon 10 Dec 2007, 04:32:24

Been lurking for a bit. Decided to sign up to throw in a few comments now and again. I have an intrest in this topic and have been quietly preparing for possible futures. There seems to be a mix of opinions on what the oil future will bring and the degree to which it will affect people and how fast. The variables are great and the stakes could not be higher. Anyway Hello
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Re: Hello all

Postby FreakOil » Mon 10 Dec 2007, 05:02:23

Gooble gobble, gooble gobble! We accept you, we accept you!Gooble gobble, gooble gobble! One of us, one of us!
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Just saying hi quickly

Postby oOgerryOo » Fri 14 Dec 2007, 14:43:29

Hey,
I'm Gerry.

Just saying hey - I'm new.
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Re: Just saying hi quickly

Postby Pixie » Fri 14 Dec 2007, 20:57:29

$this->bbcode_second_pass_quote('oOgerryOo', 'H')ey,
I'm Gerry.

Just saying hey - I'm new.


Hi Gerry. How peak oil aware are you? Where'd you learn of it? Do you believe civilization can survive the decline of the oil resources? If so, how, and what changes will we have to make? What do you believe life will be like in 2050? How are you preparing for it in your personal life?

If you can answer those questions, you have introduced yourself here. :)
Just another tofu-munching bike-riding Rambo(/Rambette)
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hello

Postby vampyregirl » Wed 19 Dec 2007, 19:41:54

i work for shell canada, am studying to become an energy analyst and i am interested in participating in this forum and learning. thank you
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Re: hello

Postby gnm » Wed 19 Dec 2007, 19:56:07

Welcome!

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Re: hello

Postby Narz » Wed 19 Dec 2007, 20:55:13

Why'd you choose your particular username? Just curious.
“Seek simplicity but distrust it”
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Re: hello

Postby lionstone » Wed 19 Dec 2007, 21:00:49

Because she's a bloodsucking feline who's gonna rip your heart out and stomp it into the ground, take your kids from you, hire good lawyers to get every damn penny out of.......

wait a minute, thats my wife I was talkin about. nevermind.
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Re: hello

Postby Pops » Wed 19 Dec 2007, 21:11:07

Hi 'girl, welcome.

Hopefully you will learn from those with something to teach - there are quite a few.

Hopefully as well you’ll learn to ignore the rest of us.

Enjoy, :)
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)
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