Another Lie about Oil put down

Rig Zone

[bestintxas]

A 50,000 to 100,000 barrel of oil equivalent a day pilot production scheme on Brazil's offshore Tupi field is planned to begin in 2011, the chief executive of BG Group PLC (BG.LN) Frank Chapman said Thursday.

Speaking in a conference call he said an extended well test, with production in the range 10,000 to 20,000 barrels of oil equivalent a day, will begin on Tupi later this year in advance of the pilot program.

http://www.rigzone.com/news/article.asp?a_id=64639

[bestintxas]

What in June has been touted as the largest discovery in years will have first production later this year.

Where are the 20 years we keep hearing from Democrat liars?

[econjack]

Where are the 20 years we keep hearing from Democrat liars?

Part of the difference is because we have tree hugger legislation that requires a two to five year permitting process in this country. I wonder how many BTU’s there are in a tree hugger?

[Devilinbaggypants]

Let's see Brazil can put a whole new field into production in 3 years...and our frigging fearless leaders tell us it can't be done in less than 10 here at home. The same country who put men on the moon in less than 10! I'm so sick of their defeatist apologetic BS...it makes my head explode!

[thackney]

2007 was the completion of the analysis of 15 exploratory wells drilled in this area.

The drilling started years before and seismic survey years before that.

20 years isn't realistic but about 10 years is.

[ken21]

it never ceases to amaze me how democrats

reflexively emote the same

on every major issue.

[Mr. Jeeves]

Let's see Brazil can put a whole new field into production in 3 years...and our frigging fearless leaders tell us it can't be done in less than 10 here at home.

Because we have handed the keys to our future to a gang of Leftist judges for safekeeping. America will not advance again until the power of the judicial branch is restricted to its original Constitutional scope.

[Devilinbaggypants]

I heard something on Rush yesterday that I hadn't thought of before...which I think explains the dim’s numbers...it's that the regulatory process that the environazis have managed to get put in place stretches things out to that time frame. Because of all the lawsuits they bring during the permitting process and the fact that sympathetic judges - to the environazis - sit on their @sses and refuse to process things in a timely matter.

[bestintxas]

I do not understand what you are saying.

The Dems say ANY offshore drilling is 10 or 20 years away from production

Using your own logic, why couldn’t we get production on rapidly in an area like Offshore California where the industry has had much more than 15 years of experience?

[thackney]

Let's see Brazil can put a whole new field into production in 3 years

That's three years from the completion of the analysis of 15 exploratory wells, only 8 of which produced enough oil to evaluate. The announcement in 2007 of the field had many years working up to it.

[AmericaUnited]

In other news... The Saudi are investing 10 billion dollars over the next 2 years, boosting their pumping capacity to 15 million barrels per day. Part of this is to be competed by summer of 2009.

[thackney]

I do not understand what you are saying.

Your 3 year measurement to production is starting from about year 7 in the process. There was a lot of work and time to get to the point where this field was announced.

[bestintxas]

You are still missing the point. It does not take 7 or 20 years to get production.

The Offshore California Basins are already explored by and large. Drilling a well, sending in a floater to produce like the Brazilians are doing will take a few months, not years like the Dems would have you believe for all offshore production.

[thackney]

No, drilling a new production well in a known field with existing infrastructure won't take but a couple years at most.

But the Eastern Gulf of Mexico, ANWR, and most of the area we want to explore and are currently off-limits do not fall in this category. There are far more petroleum and natural gas resources that fall into the last catagory than the first.

[bestintxas]

You are saying nothing about petroleum resources that I do not understand. I have been a petroluem engineer for 35 years with an extensive background that includes offshore.

The SOLE point I am making (that you seem to ignore) is that Democrats continue top say that NO OIL can be produced for 10 to 20 years if drilled now. That is just an absolute falsehood any way you look at it.

There are indeed valid places we can go offshore that we can get oil on very quickly, although, as you said, many places will not be able to accomplish that.

Your talking points come from some experience I gather particulary in an exploration/appraisal viewpoint but are geared to appease many who believe this timeframe solely exists. I reject that notion entirely.

And by the way, not much infrastucture needed for an FPSO doing an extended production test like being done in Brazil.

[thackney]

Your talking points come from some experience I gather particulary in an exploration/appraisal viewpoint but are geared to appease many who believe this timeframe solely exists. I reject that notion entirely.

We agree it is not the same time frame for every area. But my point is that as we push to open ANWR and the Eastern Gulf of Mexico, we need to not give the public unrealistic expectation, Otherwise a success will be spun as a failure 3~5 years into the development of areas that have never been set up for initial seismic just to set up leases.

[bestintxas]

We are now on the same page.