To: jec41
Why does it take 10 years to start an oil well?
14 posted on
04/21/2006 2:31:24 PM PDT by
RHINO369
To: RHINO369
It doesn't take 10 years for a single well, but to get a field like ANWR operating, pipe needs to be laid to connect with the rest of the Alaska pipeline and the entire field brought into production before you'll actually see oil moving down to Valdez. A crash project where the oil companies band together and get crews working day and night could cut some time off that estimate, but it would still be a few years before ANWR oil makes it into your gas tank.
20 posted on
04/21/2006 2:40:29 PM PDT by
ABG(anybody but Gore)
("By the time I'm finished with you, you're gonna wish you felt this good again" - Jack Bauer)
To: RHINO369
10 years to produce a large well. About 2 years for the leases and permits if you are lucky. Next a well has to be drilled and reserves proved before anyone will build the pipe line need for any large production which can take many years in the An war. Depending on the mud and supplies needed for a deep well and any disposal It could take 1-2 years just to drill the well. Then there is the matter of investment and that can sometimes take 10 years by itself and in many cases more than 10. Its not as simple as most people might think.
30 posted on
04/21/2006 2:50:50 PM PDT by
jec41
(Screaming Eagle)
To: RHINO369
Why does it take 10 years to start an oil well? In short: environmental studies, reviews, hearings, and permitting.
33 posted on
04/21/2006 2:54:19 PM PDT by
Titanites
(Sola scriptura leads to solo scriptura; both are man-made traditions)
To: RHINO369
Why does it take 10 years? Well.... here you go.
Alaska has been in negotiations with the oil companies for more than 10 years trying to put together lease agreements to drill in land they don't own. (regardless of the U.S. congressional haggelings) Those lease agreements and the ensuing legislation that goes along with them involve a litany of beauracratic levels, hearings etc, to get through.
That's the short answer.
To: RHINO369
Why does it take 10 years to start an oil well?It doesn't. But, there is more than just punching a hole in the ground to get refined product to the pump.
58 posted on
04/21/2006 7:11:08 PM PDT by
Cobra64
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