[TheDude]

Hi ya Upstream Lady,

Glad you're on board, I still primarily take an interest in the nuts-and-bolts of energy issues and it's good to have people actually working in the industry share their knowledge. Your comments about the ratio of dry holes in drilling echoes similar comments we've heard from other people in the know, and matches up with what EIA data for that matter.

You should have a look at what's been posted in Peak Oil Studies & Energy Reports, undoubtedly you'll find something novel in there. The importance of giant fields always surprises people as well, and there was a recent excellent study on Giant oil field decline rates and their influence on world.

[Colorado 12]

Just wanted to say hi from Colorado! Looking forward to the great info on this board

Text deleted.

[Caffeine]

Welcome.

[Aaron]

Indeed... welcome to our asylum.

You probably want to get a helmet.

[Thralen]

Hey welcome, another Coloradan here.. .Up in the Front Range foothill area myself...

Thralen

[Peanut]

From Toronto Canada here, hope you're all having a great day!

[Plantagenet]

Good morning to you. Welcome to discussions of Peak Oil and other diverse but related topics.

[Maddog78]

She lasted a long time.
Probably got laid off and cut her internet provider.
Such is life in the oil business at the present.

[TheDude]

Does it seem like the rate of layoffs is increasing, maddog? Do you think this will be a major factor in the industry's ability to increase supply to meet demand post-recession?

[Maddog78]

I wouldn't say it is increasing. March through till now, the industry was cutting pretty heavily.
I would also say we are not done yet though. There will likely be more layoffs but not at the rate there was earlier this year.

I also think it will be a very important factor in ramping up again for post recession demand.
We saw the same thing happen after the slump of '99 when they wanted to ramp up again starting in around '04 or so.
You could not hire people without poaching them away from other cos. with large raises and such.
Other people were promoted to fill slots but really didn't have the experience or knowledge to be in those positions.
This time I think it will be even worse since many were older and will just say the hell with it and retire instead of being enticed back to the business. A lot of younger people will also be disillusioned and think why should I come back into it when I might get laid off again after a 2 yr. boom.
Money, of course, will get some people back or into it so it may be very expensive at the end of the day for the companies to ramp up. It happened in the oil sands in Canada when things were booming. Just about any warm body getting off the bus in Ft. McMurray was being offered a $35/hr. job. Hard to keep costs down in a scenario like that.

[TheDude]

Thanks for the reply, mad. One guy at theoildrum.com was keeping tabs on the health of the industry by noting the starting salary at 7-11s in Fort McMurray. What they're paying the roughnecks was important, but he figured you look at the truly marginal jobs to detect the sea changes.

[Maddog78]

I'd agree with that.
I remember hearing about the Tim Horton's up there. (A Canadian coffee and donut chain all across Canada)
They were supposed to be open 24 hrs. but only had staff to open during the rush hours.
The wages were something crazy, I think around $15/hr. but I don't remember exactly.
They were also paying a bonus if you lasted 3 mos., again I can't remember exactly but I think it was around 2 or 3 thousand.
I doubt it is that way now.
Sounds like the guy at oildrum would know.

[8173]

I have years of being a peakoiler (or peak oil aware). My past and location, due to privacy and security, will remain a mistery.

I am in the DOing phase.

[timmac]

Howdy old timer [peaker]

Why the secret about your location and past.

[8173]

$this->bbcode_second_pass_quote('timmac', 'H')owdy old timer [peaker]

Why the secret about your location and past?

[timmac]

OOKK, than what country are you from, or is this to much info.

[Pops]

Are you sure you shouldn't call yourself 86ed for wasting peoples' time?

[econoutlook]

Hi everyone,
A couple of months ago I asked for some help finding data on oil production before 1960 and got a lot of good advice. I finished up the project I was working on and thought I would share it. It's some information on oil depletion that is probably familiar to most everyone here, but it might make for interesting reading.

Other people have come to the same conclusions (and undoubtedly done more detailed analysis) but my website's audience is often less initiated in peak oil, so hopefully it will open some eyes! Like I said, some people where were very helpful with the data so I wanted to thank you and let you know it went to (hopefully) good use!

Here is the summary of the analysis.
Here is the main site.

Thanks again everyone!

[topfuel]

Good to see some new concepts in what oil really is,
you got my vote..

[greensheen22]

Hello Rob!

I am new as well(this is my second post actually). Judging by the size of this forum, it's going to take me awhile to get through it all. :D