[AAA]

$this->bbcode_second_pass_quote('Bartolo', '
')Thanks for Your answer. Is there anything I can help you with?

I am particularily looking for statistics. It would be great, if I could find v.detailed statistics, e.g. according to your spec. To be honest I didn't think about this topic so deeply.

My simple answers to your questions are:
wasted - used or consumed
extraction - all direct and indirect costs, almost everything mentioned. Maybe only without college costs (these costs are more related to education).

Do you know any sources of data mentioned?

Kind Regards, Bart

[rockdoc123]

I think you really need to be precise on what you are looking for. I believe what that is:

- how much hyrdrocarbon is "lost" through leakage, evaporation, phase change etc. during operations. It isnt a big percentage and I am not sure who, if anyone would have done some calculations. The actual hyrdrocarbon type would be important as would operating conditions so I suspect not something easily measured on a "gross" basis.
- how much equivalent energy is burned to extract hydrocarbons. Others refer to this as EROEI (energy returned on energy invested). For instance in extracting heavy oil you would have to look at all the costs associated with natural gas consumption to inject steam, fuel burned for vehicles, pumps, to build facilities, to make all the steel etc. This is a calculation I've seen people estimate from time to time but I doubt there is any rollup of those numbers anywhere.
Do a search on EROEI and see what you get.

[AAA]

$this->bbcode_second_pass_quote('rockdoc123', 'I') think you really need to be precise on what you are looking for.

[copious.abundance]

>>> LINK <<<
$this->bbcode_second_pass_quote('', '[')b]Senate panel agrees to new drilling in eastern Gulf
By JENNIFER A. DLOUHY WASHINGTON BUREAU
June 9, 2009, 2:02PM

WASHINGTON—A key Senate panel agreed today to open a broad swath of the eastern Gulf of Mexico for new oil and gas drilling, despite opposition from some coastal senators eager to protect pristine beaches.

The House Energy and Natural Resources Committee voted 13-10 to adopt the proposal, which would allow new oil and gas leases within 45 miles of the Florida coast—shrinking the current 100-mile buffer zone. Under the measure, sponsored by Sen. Byron Dorgan, D-N.D., energy companies would have access to the Destin Dome field, an area off the shores of Pensacola, Fla., believed to hold 2.6 trillion cubic feet of natural gas.

Barry Russell, president of the Independent Petroleum Association of America, said the move could allow new energy to come online quickly because the region that would be opened is near existing pipelines and infrastructure.

“In the eastern Gulf, we’re talking about an area with trillions of cubic feet of American gas and potentially billions of barrels of American oil,” Russell said.

[...]

[Tanada]

I will believe it when the gas is flowing into the pipeline network for distribution and not a moment sooner. Politicians have a way of backtracking on their promises.

[Graeme]

New Techniques Oil Companies are Using in Drilling for Oil

$this->bbcode_second_pass_quote('', 'A')s the politics and philosophical arguments about “Peak Oil” continue to rage, science continues to move steadily onward, progressively creating new and better ways to both find and extract oil that we never could have previously discovered, as well as get a lot more bang for our buck by more effectively utilizing the oil that we currently have readily available to us in our current reserves.

I suppose the first order of business would be to mention the continual fine tuning and innovative advances that are taking place almost daily within the technology of “Three Dimensional Seismic Imaging. For those with their head in the proverbial sand, this most awesome of scientific advances may single handedly do more to save the future of our #1, primary source of energy, Oil.

[copious.abundance]

Vast!!

LINK
$this->bbcode_second_pass_quote('', '[')b]New drilling method opens vast oil fields in US
(AP) - February 9, 2011

A new drilling technique is opening up vast fields of previously out-of-reach oil in the western United States, helping reverse a two-decade decline in domestic production of crude.

Companies are investing billions of dollars to get at oil deposits scattered across North Dakota, Colorado, Texas and California. By 2015, oil executives and analysts say, the new fields could yield as much as 2 million barrels of oil a day — more than the entire Gulf of Mexico produces now.

This new drilling is expected to raise U.S. production by at least 20 percent, or a million barrels per day, over the next five years. And within 10 years, it could help reduce oil imports by more than half, advancing a goal that has long eluded policymakers.

[...]

[hillsidedigger]

How does a (temporary) one to 2 million barrel per day increase in domestic production cut a 12 million barrel per day of imports in half?

[Armageddon]

$this->bbcode_second_pass_quote('hillsidedigger', 'H')ow does a (temporary) one to 2 million barrel per day increase in domestic production cut a 12 million barrel per day of imports in half?

[copious.abundance]

$this->bbcode_second_pass_quote('pstarr', 's')till pumping your shale-oil scam. What will it be SAGH or THAI?

$this->bbcode_second_pass_quote('hillsidedigger', 'H')ow does a (temporary) one to 2 million barrel per day increase in domestic production cut a 12 million barrel per day of imports in half?

[sparky]

.
It read like it's not so new , it's hydrofracting with surfactants
interesting none the less , it raise the question of how low API grade can be retrieved

[Xenophobe]

Just wait till he posts a recovery factor graph from conventional oilfields next, while claiming it's a representation of undiscovered bitumen volumes in Greenland or something. Not that he ever had game, but lately its been even worse than usual.

[copious.abundance]

$this->bbcode_second_pass_quote('sparky', '.')
It read like it's not so new , it's hydrofracting with surfactants
interesting none the less , it raise the question of how low API grade can be retrieved

[Outcast_Searcher]

And that all sounds plausible. OTOH, I believe it BETTER be, since i still think if the global economy manages to normalize growth in the coming decade (as it appears to be on its way to doing), 3rd world demand's upward pressure on crude oil prices is likely to raise gasoline prices significantly.

I guess if gasoline prices end up averaging north of $6 by then, at least we'll "only" be sending about the same amount of money overseas to spend on crude oil.

[Pops]

$this->bbcode_second_pass_quote('Outcast_Searcher', 'I') guess if gasoline prices end up averaging north of $6 by then, at least we'll "only" be sending about the same amount of money overseas to spend on crude oil.

[GoIllini]

We can produce up in Athabasca for $25/barrel, and they've got more oil than Saudi Arabia.

Also we can produce shale gas for $4/mmcf.

We will obviously run out some day. Maybe in 20 years, but shale, Athabasca, and deepwater have bailed us out of peak oil hitting in 2005.

We are already seeing some electric cars- many of which have become less dependent on lithium. We need to get cracking on fusion and ITER ASAP, or failing that, a means of keeping spent nuclear fuel cool for a couple decades without human intervention. (Beyond that, they are producing too little heat to burn and enter the atmosphere and spread over large areas.)

[evilgenius]

As far as the reactor safety issue goes, I was listening to a program from the BBC on the radio the other day. They brought up that there is a reactor technology which shuts itself down in the event of a failure. It doesn't melt down because the air running through it is sufficient to cool it. I think that's what the reason was. If that's not it then it was something like that. It isn't the prevailing tech because the big reactor manufacturers don't favor it. I can't remember what the technology's name is or I would mention it here.

To the point of the high cost of extraction meeting the price level at which the economy collapses, I have a feeling that the prevailing trend will be for wages to fall. As more and more roughnecks find themselves unemployed they will take jobs that offer less money in order to have a job. Extractions costs will go down. Probably this wage trend will take place in the overall economy as well, so we will see both the extraction curve and the economic curve trend downward. The curves will most likely engage in the very dance postulated as they both plummet. Eventually the extraction curve will hit realities that have nothing to do with wages. That's when corporate debt becomes an issue. In the long run there is likely to be a huge corporate debt crisis much like there is now a huge government debt crisis.

[Pops]

$this->bbcode_second_pass_quote('GoIllini', 'W')e can produce up in Athabasca for $25/barrel, and they've got more oil than Saudi Arabia.