Peak Oil is You
Donate Bitcoins ;-) or Paypal :-)
Page added on October 11, 2018
Oil flowing at new site within petroleum reserve in Alaska
Oil is flowing from a drill site in what is now the farthest-west producing site on Alaska’s North Slope, ConocoPhillips Alaska Inc said on Tuesday.
Production at Greater Mooses Tooth 1, a prospect on the western edge of existing Arctic Alaska oil development, started last Friday, ConocoPhillips said.
Production at GMT 1 is expected to peak at 25,000 to 30,000 barrels a day, the company said. It is the second producing oil field within the borders of the National Petroleum Reserve in Alaska, or NPR-A, a vast federal land unit on the western side of the North Slope.
“This is another milestone for development in the NPR-A,” Joe Marushack, president of ConocoPhillips Alaska, said in a statement.
Oil from GMT 1 is being sent by pipeline east for processing at the ConocoPhillips-operated Alpine field. That oil is then shipped by pipeline to Prudhoe Bay about 50 miles to the east, then south through the Trans Alaska Pipeline System.
The first field to begin producing within the reserve boundaries was a ConocoPhillips field called CD5, where startup occurred in 2015.
ConocoPhillips is seeking to develop a related drill site about 8 miles (13 km) to the southwest of GMT1 that could start production by 2021. Peak production at that site, Greater Mooses Tooth 2, would be 35,000 to 40,000 barrels a day, according to ConocoPhillips.
10 Comments on "Oil flowing at new site within petroleum reserve in Alaska"
Anonymous on Thu, 11th Oct 2018 8:19 pm
Drill, baby, drill. The Oil Drum and ASPO are shut down for a reason.
Go Speed Racer on Fri, 12th Oct 2018 1:41 am
Excellent progress.
This new supply of Alaska petroleum, will
keep my 1979 Lincoln Continental supplied
with more gasoline and crankcase oil.
http://www.classiccarstodayonline.com/article-guide-by-pictures/1979-lincoln-continental-collectors-series-c/
It’s important to Make America Great Again
by putting these cars back into production,
and drilling for lots more oil to meet
the new demand.
Davy on Fri, 12th Oct 2018 6:02 am
“100 Million Barrels: The World Hit a Daily Oil and Liquids Record”
https://tinyurl.com/y9epf7ky
“The world is pumping out more oil and other petroleum liquids than ever before. Global supply rose to 100.3 million barrels a day in the third quarter, the International Energy Agency said Friday in its monthly oil market report. Output, which includes crude oil, natural gas liquids, biofuels and refinery processing gains, was 2.3 million barrels above the same period last year and 1.3 million barrels a day higher than the second quarter. The new quarterly output record underscores how growing demand in the developing world requires new sources of supply in the short term, even as increasing sales of new energy vehicles and renewable power generation threaten the long-term growth of fossil fuels. The IEA sees production from outside the Organization of Petroleum Exporting Countries rising another 1.7 million barrels a day next year. The output increase from the second quarter was led by OPEC, which boosted production by 500,000 barrels a day, and the Americas, which saw a rise of 400,000 barrels a day. Biofuel production also increased by 300,000 barrels a day from the previous quarter, according to the report.”
dave thompson on Fri, 12th Oct 2018 6:25 am
Oh boy! Did I read that right? 30,000 BBL’s per day more oil from Alaska? That is about a half of a minutes worth of world oil consumption @ 100,000,000 per day. Peak oil? What peak oil,
Richard Guenette on Fri, 12th Oct 2018 9:20 am
Reuters is propaganda.
Antius on Fri, 12th Oct 2018 10:42 am
Slightly off topic, but still on the subject of energy. I wonder if it is not possible to produce distributed renewable energy systems that are far simpler are far less costly than the commercial systems that appear to be astronomically expensive. Here is an update on my own renewable energy project. It will be a couple of years before I move, so I have plenty of time to develop my plans.
Right now, I am designing a wind turbine that will use a simple single-cylinder compressor, directly coupled to the turbine shaft, to generate pressurised water. This will be stored within a hydraulic accumulator and I intend to use it to power machinery in my workshop. I had originally planned to use compressed air, for which the arrangements would have been similar, but the storage vessel would have been more expensive. Hydraulic power generation like this is very efficient, because very little heat is generated in the compression of water and because dense, slow moving water flowing through steel pipes has very little frictional loss, even over distances of many miles. A pre-stressed concrete container with a weighted piston contains the pressurised water, which can be released on demand.
The system is effectively made up of just five basic materials – polypropylene for the turbine blades and for piston seals; carbon steel for various components, including pipework, the pump piston, turbine hub and pre-stressing cables; concrete for the accumulator and its piston; assorted crushed rock, which when mixed with concrete provides the cylinder weight; polypropylene and butyl rubber for distribution hoses. The whole thing will cost me very little, because I can build it myself using mostly scrap materials or cheap materials like steel and cement. But I cannot imagine that even a commercial system to this design would cost as much as many high tech distributed renewable energy systems are sold for. I wonder why people on Fair Island could not build something like this for perhaps a hundred thousand pounds, rather than spending £2.6million on a very costly and overcomplicated commercial system.
Such a system could be scaled up to power levels of many megawatts. We would build batches of turbines with peak power of about 1MW each fitted with a mechanical water pump. The turbines would pump water through steel pipes to a central ‘hydroelectric’ generating station with a power output of several tens of MW. Such a system may have slightly higher capital costs than purely electric systems because of the installation costs of the pipework. Then again, a central electricity generator would have better economy of scale than dozens of smaller ones mounted within turbine nacelles. Either way, we could build it and it would work. We would not need Chinese rare earth elements. We could build it with entirely local industry if we had to, using nothing rarer than carbon steels, concrete and smaller amounts of plastics for seals and copper or aluminium alloy for generator coils.
This is just one example of course. There are much cleverer men than I working on similar things. I wish more people would devote time and effort to projects like this. Often people fail to think laterally. We are all guilty of it from time to time, but some people are literally incapable of innovating. This is the genuine cause of many if not all of our problems. It often frustrates the hell out me that people seem unable to apply innovation to solve local problems.
Davy on Fri, 12th Oct 2018 11:59 am
“Reuters is propaganda.”
get off the internet stupid, you can’t handle it.
Richard Guenette on Fri, 12th Oct 2018 12:52 pm
Davy, I am simply expressing my views. If you don’t like it, that’s your problem, not mine.
Davy on Fri, 12th Oct 2018 1:54 pm
richard, i thought you didn’t read my post? I guess you have the problem of saying one thing and doing another.
high score in slope game is 100+ on Sat, 13th Oct 2018 1:14 pm
Thanks , I have recently been looking for info approximately this subject for a while and yours is the greatest I have found out till now.
But, what about the conclusion? Are you sure in regards to the supply?