by copious.abundance » Wed 09 Jul 2008, 01:14:40
$this->bbcode_second_pass_quote('pstarr', 'I') have no idea why you would say that? How can you be confident those 323 million barrels, the last in the field and produced by a technology designed to extract bitumen, will move as quickly as the free-flowing 2 million?
1. How do we know that their first 2 million in reserves were all that "free-flowing," and,
2. Even if they
were free-flowing, 2 million in reserves is diddly-squat. Even if that first 2 million in reserves were all 40 degree oil buried only 5,000 feet beneath the surface in very porous rocks, they're probably only sucking 20K bpd from it, or something like that. I find it quite easy to believe they can eventually suck more than 20K bpd from even the worst heavy gunk or most impervious "ceramic" in the world, if they're saying they've got 323 million barrels of it they're willing to add to their reserves.