Texifornia
(399 posts)
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Fri Nov-09-07 12:32 PM
Response to Reply #39 |
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These will probably be subsea completions. The depth is just too much for almost anything else and Petrobras is probably the best in the world at subsea.
Total reserves aren't as important as production rates, and I would be suprised to see more than about 5 or 6 MMBBL/Day at the very most. More likely about 2-4.
This will mean big money for Brazil as they will export virtually all of it. If it's sweet, they will get premium price as well. I would not look for significant production for five to seven years, maybe more if the technology doesn't catch up quickly.
It does not, however, significantly shift the world's depletion curve.
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| -Oil discovery rocks Brazil |
NeoConsSuck |
Nov-09-07 04:52 AM |
#0 |
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This is where it is: |
Commie Pinko Dirtbag |
Nov-09-07 04:58 AM |
#1 |
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Wonderful |
Celefin |
Nov-09-07 05:05 AM |
#2 |
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This field seems quite removed from Argentina & the Falklands |
SoCalDem |
Nov-09-07 05:07 AM |
#4 |
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In other news- |
Uben |
Nov-09-07 05:06 AM |
#3 |
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And we know why, don't we? |
SoCalDem |
Nov-09-07 05:08 AM |
#5 |
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Yep...they've got Carnivals of Mass Destruction... |
regnaD kciN |
Nov-09-07 05:20 AM |
#7 |
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Bomb their ass, take their gas! |
onehandle |
Nov-09-07 06:32 AM |
#9 |
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I think it will not be long before our media starts to demonize the leader of Brazil. |
IsItJustMe |
Nov-13-07 08:36 AM |
#83 |
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$100 oil makes more difficult oil and exploration for said possible... |
JCMach1 |
Nov-09-07 05:11 AM |
#6 |
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The US Invasion will be televised in HD |
paparush |
Nov-09-07 05:53 AM |
#8 |
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This extends reliance on fossil fuels. It would be better left undiscovered. |
Winebrat |
Nov-09-07 06:40 AM |
#10 |
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Good for Brazil!! |
baseballhead |
Nov-09-07 06:41 AM |
#11 |
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Why? |
Tyler Durden |
Nov-09-07 08:39 AM |
#23 |
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Tupi field |
Victoras |
Nov-09-07 06:42 AM |
#12 |
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The point is that even those deep well discoveries are still yeilding |
UndertheOcean |
Nov-09-07 06:58 AM |
#16 |
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Uh huh. |
yibbehobba |
Nov-09-07 07:12 AM |
#18 |
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Peak Oil is not a Scam |
tanstaafl |
Nov-09-07 07:15 AM |
#19 |
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ok. but in the meantime the discoveries of "Major Fields" continue..... nt |
ohio2007 |
Nov-09-07 08:05 AM |
#20 |
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A 90-day supply of oil is now a "major field"? |
NickB79 |
Nov-09-07 01:51 PM |
#48 |
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A huge offshore oil discovery is what this article states and plays it up as |
ohio2007 |
Nov-10-07 01:00 PM |
#60 |
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Do you believe a 90-day oil supply is a huge discovery? |
NickB79 |
Nov-10-07 01:29 PM |
#61 |
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What you said. |
olafvikingr |
Nov-09-07 11:13 AM |
#37 |
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on the heels of another scam ? |
ohio2007 |
Nov-09-07 08:09 AM |
#21 |
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The comments use the Bible for the facts that they need to support him |
TheBorealAvenger |
Nov-09-07 09:25 AM |
#24 |
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Good Lord |
TWiley |
Nov-11-07 06:21 AM |
#70 |
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Oh wait, I thought the reasoning for the Iraq war |
TWiley |
Nov-11-07 06:00 AM |
#69 |
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It is a scam,isn't it?? |
truedelphi |
Nov-09-07 01:13 PM |
#47 |
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Cornucopean fallacies |
depakid |
Nov-09-07 03:29 PM |
#52 |
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The problem I have with the anti cornucopean prophecies of |
truedelphi |
Nov-09-07 04:18 PM |
#53 |
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Optimism is more than the denial of problems |
bhikkhu |
Nov-09-07 10:23 PM |
#56 |
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Okay but the peak oil people |
truedelphi |
Nov-10-07 12:18 PM |
#58 |
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depends on what pespective you are hearing... |
bhikkhu |
Nov-10-07 11:46 PM |
#68 |
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The human ability to reproduce will collapse within 25 years |
truedelphi |
Nov-11-07 02:41 PM |
#74 |
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Perhaps that would be a blessing, at this point. |
bhikkhu |
Nov-11-07 11:02 PM |
#75 |
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Bad example. |
Orsino |
Nov-12-07 11:25 AM |
#77 |
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Deleted message |
Name removed |
Nov-10-07 09:27 PM |
#66 |
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The temptation is certainly great... |
Orsino |
Nov-12-07 11:22 AM |
#76 |
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Well, all that carbon should do wonders for Global Warming |
LeftCoast |
Nov-09-07 06:51 AM |
#13 |
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Did you guys know that there is terrists in Brazil? |
rAVES |
Nov-09-07 06:54 AM |
#14 |
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You're early, the CIA are still loading up their C130's, ... |
CRH |
Nov-09-07 11:47 AM |
#40 |
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You told us here FIRST! What a STORY! This is tremendous news. |
Judi Lynn |
Nov-09-07 06:54 AM |
#15 |
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Call to ARMS! Grab your guns! We're gonna do some DESTRUCTION!! |
HughBeaumont |
Nov-09-07 07:03 AM |
#17 |
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200 days |
davekriss |
Nov-09-07 08:29 AM |
#22 |
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Thanks for pointing this out. |
amandabeech |
Nov-09-07 09:50 AM |
#25 |
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That was my first calculation as well LOL... |
Javaman |
Nov-09-07 09:52 AM |
#26 |
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Oops. I see you beat me to it. |
Gregorian |
Nov-09-07 10:56 AM |
#34 |
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Brazilians will be doing the Samba in the streets... |
quantessd |
Nov-09-07 10:03 AM |
#27 |
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But at least the Brazilians will already be *in the streets* dancing |
KansDem |
Nov-09-07 12:36 PM |
#44 |
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Well, now Cheney will pick a fight with Brazil. We must bomb Brazil! |
Mountainman |
Nov-09-07 10:06 AM |
#28 |
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Only as long as the Big Dick is strapped to the bomb. |
Vidar |
Nov-09-07 11:20 AM |
#38 |
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Please leave it in the ground... |
tinrobot |
Nov-09-07 10:44 AM |
#29 |
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"COULD hold AS MUCH AS 8 billion barrels . . . ." |
hatrack |
Nov-09-07 10:47 AM |
#30 |
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Bush was asked if he heard about the Brazilian oil reserves |
Enrique |
Nov-09-07 10:48 AM |
#31 |
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So that would be one year's worth of America's oil use. |
Gregorian |
Nov-09-07 10:54 AM |
#32 |
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I don't see this as good news. In fact, I wish no more oil is |
lazyriver |
Nov-09-07 10:55 AM |
#33 |
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Don't worry. You aren't alone. |
Gregorian |
Nov-09-07 10:59 AM |
#35 |
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A very apt analogy. |
ronnie624 |
Nov-11-07 10:30 AM |
#72 |
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Oh, and did I mention they have to go through 7,000 feet of water and 16,000 feet of rock to get it? |
hatrack |
Nov-09-07 11:09 AM |
#36 |
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Back when I was a Petroleum geologist (in the late 90s) 7.000 feet of |
eyepaddle |
Nov-09-07 11:24 AM |
#39 |
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I'm still there |
Texifornia |
Nov-09-07 12:32 PM |
#43 |
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7000 feet, is that too deep for a TLP a la Shell's Mars platform? |
eyepaddle |
Nov-09-07 02:40 PM |
#50 |
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Mechanical... |
Texifornia |
Nov-09-07 04:26 PM |
#54 |
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I think the problem with drilling at that depth has to do with keepeing the |
eyepaddle |
Nov-09-07 05:06 PM |
#55 |
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Not to mention the energy yield |
loindelrio |
Nov-09-07 12:47 PM |
#46 |
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Hummer . . . off? |
loindelrio |
Nov-09-07 12:40 PM |
#45 |
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Bingo! Can you say EROEI? |
robertpaulsen |
Nov-09-07 01:51 PM |
#49 |
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Isn't Brazil part of the Axis of Eevil? |
Beerboy |
Nov-09-07 12:13 PM |
#41 |
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that depends on who finances the extraction project. It won't be cheap. |
ohio2007 |
Nov-09-07 12:27 PM |
#42 |
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8 brazilian barrels |
mikelgb |
Nov-09-07 02:52 PM |
#51 |
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We Invade At Dawn |
BadGimp |
Nov-10-07 12:16 AM |
#57 |
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Here is one big big reason why we are still talking about oil |
truedelphi |
Nov-10-07 12:42 PM |
#59 |
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Yeah? When is Bush-Cheney invading that country? n/t |
kelligesq |
Nov-10-07 02:18 PM |
#62 |
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Isnt Brazil the country running their cars on sugar cane byproduct?? |
kelligesq |
Nov-10-07 02:22 PM |
#63 |
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Because oil is far more efficient. |
leaninglib |
Nov-11-07 09:10 AM |
#71 |
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Efficient for those who collect the profits, |
ronnie624 |
Nov-11-07 12:15 PM |
#73 |
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Actually, the government's "take" is rather large. |
leaninglib |
Nov-13-07 06:54 AM |
#80 |
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Coming up on Fox News: |
Teh_Rabble_Rouser |
Nov-10-07 02:58 PM |
#64 |
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Suddenly the media will pay attention to the country |
treestar |
Nov-10-07 03:32 PM |
#65 |
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Maybe they can export some ethanol to other countries |
Solar_Power |
Nov-10-07 09:28 PM |
#67 |
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Question is, will the economic hit men of Exxon come waltzing in to take over? |
goforit |
Nov-12-07 04:57 PM |
#78 |
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Sounds like it's time to invade Brazil next... |
ileus |
Nov-12-07 05:12 PM |
#79 |
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What happened to Peak Oil? NT |
MarkR1717 |
Nov-13-07 07:19 AM |
#81 |
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It's still there ... |
Nihil |
Nov-13-07 08:16 AM |
#82 |
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