Friday, March 10, 2017

Peak Oil? What Peak Oil? Huge Discovery In Alaska -- March 10, 2017

From E&P Magazine. Data points:
  • Repsol, Armstrong Energy LLC
  • 1.2 billion bbls of recoverable light oil
  • claim: "largest US onshore conventional hydrocarbons discovery in 30 years"
  • parsing: conventional
  • fact: pales in comparison to Permian and Bakken (unconventional)
  • Horseshoe No. 1 and 1A: drilled during the 2016-2017 winter campaign
  • Nanushuk Play
  • the two wells extend the "Pikka Area" by 20 miles
  • first production NET 2021
  • potential: 120,000 bopd
Comment: Repsol and Armstrong talking their book. A nice discovery but that's about all.

Australia's Energy Crisis

From an earlier  post: South Australia: 40% renewable energy grid; fails. I think everyone knows the story. Elon Musk says he will solve the Australian power crisis in 100 days. No doubt, using renewable energy. LOL.

Beautiful Day In North Texas

View from the patio, sort of looks like housing in Moscow, doesn't it? Certainly not a lot different than our military housing when we lived in/at/on Rhein-Main Air Base, Germany, co-located with Frankfurt, Germany, international airport, one of the busiest airports in the world.

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