Posted on 08/31/2015 7:43:02 AM PDT by SeekAndFind
In what could be the largest natural gas discovery in history, Italian energy company Eni says it has unearthed a "supergiant" gas field in the Mediterranean Sea covering about 40 square miles.
The gas field could hold a potential of 30 trillion cubic feet of natural gas. Eni says that's the energy equivalent of about 5.5 billion barrels of oil. The company won't know the field's true size until it begins to develop it.
Found in the deep waters off the northern coast of Egypt, Eni claims the gas field to be the largest ever in the Mediterranean and possibly the world. After Eni explores and begins to develop the field, the company estimates that it will be able to satisfy Egypt's natural gas demand for "decades."
(Excerpt) Read more at money.cnn.com ...
Get China, Russia, UK, France, India, and Israel to use all of their nuclear missiles on the muj's and you solve 3 problems simultaneously: We get rid of a dangerous religious cult, get rid of nuclear weapons, give the population decline liberals something to be happy about, and the resultant nuclear winter will stop global warming! A trifecta!
Wind power definitely, given the totally silly costs of maintaining all those wind turbines. There’s still a place for solar, especially in parts of the world with enough sunny days to make it economically viable (e.g., the southwestern quadrant of the continental USA including California).
Unlike crude oil, natural gas is not refined. Contaminants are removed, higher value Natural Gas liquids are removed, but it is not refined.
Pfffft...
A single Michael Moore can hold more than that...
The company said the area was 1,450m (4,757 feet) beneath the surface and covered 100 sq km (39 sq miles).
http://www.bbc.com/news/world-middle-east-34102656
One of the hot points in the Middle East was that oil was found in the countries with the smallest population, like Saudi Arabia, Kuwait and UAE and not the largest like Egypt, Turkey, Syria.
Turning Egypt into an energy producer will do a huge amount to lift is population out of poverty. It may indirectly slow the growth of terrorism, because they can build their own power sources and manufacturing without sending tourism dollars to neighbors that fund terrorism in exchange for fuel.
Add the potential for desalinization in a still largely agrarian country, and they can do well if they stay secular.
It is starting to look like there are natural gas deposits in mass anywhere you have river sediment beds emptying over millions of years, layers of natural capture of biomass to build up.
If so, there is NO energy shortage because there are a lot of places we aren’t developing (east and west coasts of US, Alaska) and many around the world not yet even drilled.
The latest discovery represents about half of Egypt's current gas needs
So you sought...and found... planet X?
120 miles offshore. I wonder how deep the water is?
The discovery well Zohr 1X NFW is located in the economic waters of Egypt’s Offshore Mediterranean, in 4,757 feet of water depth
That previous post was water depth.
The discovery well Zohr 1X NFW is located in the economic waters of Egypt’s Offshore Mediterranean, in 4,757 feet of water depth
Zohr 1X NFW was drilled to a total depth of approximately 13,553 feet (4,131 metres) and hit 2,067 feet (630 metres) of hydrocarbon column in a carbonate sequence of Miocene age with excellent reservoir characteristics (400 metresplus of net pay). Zohr’s structure has also a deeper Cretaceous upside that will be targeted in the future with a dedicated well.
I was thinking Rosie O’Donnell
Hopefully, Halliburton is not cementing the well. /s
No problem if their design recommendations are actually followed. Cutting to Many corners can have consequences as BP learned.
Almost a mile down. No biggie for drillers. Great news for Egypt. Bet the Russians are pissed. While it is being said that this may be the biggest, it will have to go some to beat our own Marcellus Shale.
http://www.cnbc.com/2015/08/30/eni-makes-huge-natural-gas-deposit-find-off-egypts-coast.html
Naturally Egypt was able to keep the wraps on this until now. /rimshot
Putin is sad.
See Gloabl Warming is a real threat.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.