$this->bbcode_second_pass_quote('Leutnant', '')$this->bbcode_second_pass_quote('Xenophobe', '
')You didn't say any of that. You claimed it didn't work. Obviously it did. And EROEI didn't matter for the Nazi's or South Africa any more than it does for an oil company.
PeakOil is You
PO effect postponed?
Re: PO effect postponed?
by Xenophobe » Sat 29 Jan 2011, 17:41:48
Well, maybe that's why both of those regimes didn't last all that long.
But John D Rockefeller's offspring continue in fine, profitable fashion?
-
Xenophobe - Permanently Banned
- Posts: 1083
- Joined: Fri 06 Aug 2010, 21:13:08
Re: PO effect postponed?
by Xenophobe » Sat 29 Jan 2011, 17:58:13
$this->bbcode_second_pass_quote('dsula', '
')Try this: My diesel powered pump is pumping oil from my backyard well. When do you think I will shut-off the pump?
')Try this: My diesel powered pump is pumping oil from my backyard well. When do you think I will shut-off the pump?
A point in time between immediately, and some time in the future?
If you are really asking an honest question about a standard oilfield pumpjack, we need more information. What is the cost of diesel fuel? How often do you run the motor? How many oil changes do you normally do on the surface diesel engine? If this is a standard oilfield pumpjack, we need to know the cost of the lubricating oil in the gearbox and the frequency of maintenance? Grease for the stuffing box? How often does the downhole pump need replaced, and the costs? Do we wish to include the costs related to the MTBF of the rods themselves? What is the expected capital cost of replacement with an electric motor and attendant windmill? What is the oil worth? What are the severance and ad valorum taxes in your state? How do you value your time? Have you fully depreciated the equipment yet? Do you wish to factor in the salvage costs, and revenue, in this calculation? In which case, could we have information on the size and configuration of the casing string? How many strings? Tagged in, or cemented to surface? On which strings? What is the size and overall shape of the tubing and rods? Which cementing company do you prefer, and how do you wish to free the casing, ripping it or shooting it?
If we knew all of this operating level information, we still wouldn't know for sure exactly when, or why, you might wish to stop pumping this oil. And therefore, the original answer is still valid.
-
Xenophobe - Permanently Banned
- Posts: 1083
- Joined: Fri 06 Aug 2010, 21:13:08
Re: PO effect postponed?
by Xenophobe » Sat 29 Jan 2011, 18:05:06
$this->bbcode_second_pass_quote('Daniel_Plainview', '
')Even the Cornucopians must admit that (1) most of the easy-to-extract and easy-to-refine light sweet crude has already been extracted; (2) the majority of what remains is expensive-to-produce heavy sour oil; and (3) over time, this trend will only exacerbate the economic viability of producing oil.
Once we head down the steep post-peak "Net Hubbert" curve, it's GAME OVER.
')Even the Cornucopians must admit that (1) most of the easy-to-extract and easy-to-refine light sweet crude has already been extracted; (2) the majority of what remains is expensive-to-produce heavy sour oil; and (3) over time, this trend will only exacerbate the economic viability of producing oil.
Once we head down the steep post-peak "Net Hubbert" curve, it's GAME OVER.
Net hubbert curve? So now..we take one idea which doesn't work...and build another on top of it? Well....if you want to I guess, but my momma didn't raise no fool.
Point 1. Happened in 1901, what makes you think that restating the obvious 110 years later matters?
Point 2. The majority of what remains is the same as the majority already produced. The API gravity of an oil does not go from 42 degrees api to 10 degrees api in a given reservoir just because 25% has been produced.
Point 3. Economic viability has more to do with why previous hysterical arm waving over lack of supply never worked out either than anything else.
-
Xenophobe - Permanently Banned
- Posts: 1083
- Joined: Fri 06 Aug 2010, 21:13:08
.