BP’s Thunder Horse oil field goes online

Petroleum News ^ | Week of June 22, 2008 | Ray Tyson

[Paleo Conservative]

The original name for this field was “Crazy Horse,” but the political correctness nazis at BP change the name to “Thunder Horse”.

[BOBTHENAILER]

When running at full tilt, Thunder Horse alone will increase overall U.S. oil and natural gas production by 3.6 percent.

That says it all. Great post.

[Hoodat]

I met a Schlumberger engineer who what at the site when they discovered it. Phenomenal.

[Cletus.D.Yokel]

Yahoo?

Where will it go? The Deer Run expansion just got shot down by the environazis. BP Whiting is having permitting problems.

To become even the slightest bit more independent, the USA needs refineries. Unrefined crude won’t squirt through a fuel injector nozzle.

[listenhillary]

The ‘Idle’ Oil Field Fallacy
By RED CAVANEY
June 20, 2008; Page A13

A bill introduced in Congress this week would “compel” oil and natural gas companies to produce from federal lands they are leasing. If only it were that easy to find and produce oil. Imagine, an act of Congress that could do what geology could not.

http://online.wsj.com/article/SB121391719487790187.html?mod=rss_opinion_main

[Realism]

In any event, capable of producing 250,000 barrels of oil per day and 200 million cubic feet of gas per day.

Thats a lot of oil and gas pumped straight to the U.S., We should see a significant decrease in price in a week or two.... right?

[nikos1121]

Hard to believe that it would be stable with just two tethers. Unbelieveable.

The oil companies have always picked up the challenge. It’s mind boggleing that they can now drill at angles, therefore reducing the need for additional platforms. ANWR would be a snap, in fact you’d be probably hard pressed to find the oil drilling in an airplane, same as it’s hard to find strip minds.

Has McCain and others actually gone to these sites?

[listenhillary]

When we clear the nuts out of the way, we might see decreases in the future.

Greens Thwart Gasoline Production
By Steven Milloy

http://www.frontpagemag.com/Articles/Read.aspx?GUID=6C2A174B-055C-44B1-B5DB-F30B49860FFC
(snip)
The Sierra Club and the Natural Resources Defense Council, or NRDC, successfully pressured the U.S. Environmental Protection Agency to block ConocoPhillips’ expansion of its Roxana, Ill., gasoline refinery, which processes heavy crude oil from Canada, the Wall Street Journal reported on Monday.

The project would have expanded the volume of Canadian crude processed from 60,000 barrels per day to more than 500,000 barrels a day by 2015. After the Illinois EPA had approved the expansion, the green groups petitioned the federal EPA to block it, alleging ConocoPhillips wasn’t using the best available technology for reducing emissions of sulfur dioxide and nitrogen oxides.

Apparently, the plant’s planned 95 percent reduction in sulfur dioxide emissions and 25 percent reduction in nitrogen oxides wasn’t green enough.

(snip)
Meanwhile, in California, green groups are working through the state attorney general’s office to block the upgrade of the Chevron refinery in the city of Richmond. The $800 million upgrade essentially would expand the useable oil supply by permitting the refinery to process lower-quality, less-expensive crude oil.

[MNJohnnie]

Nope because on the world market it is a drop in the bucket. But if we would quit dicking around and increase US production by millions of barrels a day, you would see the price drop.

I see on a number of threads you are desperately clinging to your personal political dogmas rather then learning anything about Energy production. This link will help. Read it.

http://en.wikipedia.org/wiki/Supply_and_demand

The problem here is Supply and Demand. All the various things you seem to think at work here (speculators, price gouging etc) are only possible in a market that suffers from inelasity of both supply and demand. Speculators can only speculate on the trend line. The trend line in Oil is for increasing demand and flat supply. Currently we are not doing anything to produce any significant change in that equation. Lifting the ban on various US Domestic Production would send a signal to the market that we are serious about increasing production.

So we have two choice. Significantly reduce our standard of living so we do not Demand so much energy. Significantly increase the production of Energy to meet our demands.

[FreeAtlanta]

Would a presidential executive order based on national security, bypass these anti-American and anti-Capitalism nuts?

We need some "Fast Track" legislation for oil drilling and refinery building!

[Realism]

Lifting the ban on various US Domestic Production would send a signal to the market that we are serious about increasing production.

I thought I saw somewhere that the ban in many of these areas expires in 2012, not a huge leap into the future. Since new facilities coming on line and word of increased output, and ME countries storing oil offshore have no impact whatsoever, I have ruled out supply and demand. I we were to open up land today the market knows development is not instant or immanent. If the futures market trend isn't reversed then high prices and conservation will be all thats left to do.

[thackney]

It will have more than two mooring lines. That was a simplified representation of the types of platforms.

BARDEX AWARDED THUNDER HORSE MOORING SYSTEM CONTRACT
http://www.bardex.com/news/020422.shtml
GOLETA, California, U.S.A., April 22, 2002

The Bardex mooring system {used on Thunder Horse} will consist of 16 hydraulically actuated 6800 kN (1530 kip) stall capacity Linear Chain Jack assemblies with chain stoppers and turndown sheave arranged in four groups (four at each corner of the rig), four Hydraulic Power Units (one at each corner), a programmable logic controller assembly (PLC), and four local Control Stations in control cabins (one at each corner). The mooring system will be an active system capable of maneuvering the PDQ unit over the subsea wells.

Note: 6,800 kN equals 1.53 million pounds of force.

[listenhillary]

We would be thwarting the “will of the people” with executive orders from the president.

The people have voted in socialists, and socialism we will have. Socialism’s best definition is “equally shared misery for all”. I hope people get sick of it and change their minds. Going hungry to heat your house and fill your tank just might be the tipping point. We’ll see in November.

[RightWhale]

I never heard about it until now.

Obviously not wasting investing enough hours per day on this website. The topic has been under discussion for a couple weeks.

[RightWhale]

No. The oil has never been in contact with atmospheric CO2. This also assumes biotic origin, which is a different fringe discussion.

[Red Badger]

The oil has never been in contact with atmospheric CO2.

But where did all the carbon come from?...............

[RightWhale]

That is fringe discussion material. Somebody might happen along who is interested in that.

[Salvation]

British Petroleum is drilling, but the U. S. can’t?

Congress is truly wrong.

[Salvation]

 

 

Contact your Congress critters to let them know that you are tired of high gas prices.

U. S. Senate

U. S. House of Representatives

[houeto]

To become even the slightest bit more independent, the USA needs refineries.

Chevron in Pascagoula is expanding right up the street from me as we speak.