Monday, January 7, 2013

Remember The Chinese Global Warming Story? Affecting CNOOC

Updates

January 8, 2013: 2012 was the hottest year in the contiguous United States on record (excluding the years that the Vikings were growing grapes in Vinland, but that's another story). It was notable that the earth's global temperature for 2012 was not noted in the linked article; perhaps that is coming. No one has yet said what the "correct temperature" for the US is; and, if the "correct temperature" for the contiguous United States is the "optimal temperature" for humans, which are apparently the most important animals on earth; the question has been asked often. (I would assume that the optimal temperature, for example, for the desert tortoise and the rattlesnake is different than the optimal temperature for humans, but tortoises and rattlesnakes do not have any wealth to redistribute.) No one has yet said who set the thermostat for the US in the first place. And, of course, there was no mention that 97% of greenhouse gases is ... drum roll ... water. Less than 3% of greenhouse gas is CO2 and if I recall correctly, only 3% of that 3% is anthropogenic. The last state to enter the contiguous US was Arizona in 1912 -- about 100 years ago; the year is about 4.5 billion years old, give or take a million years. Lots to discuss but this is a blog about the Bakken. Time to move on.

January 8, 2013: In response to the note below, one reader noted a recent story suggesting the cold in China and Russia is off-set by the record-setting heat in Australia, with temperatures soaring above 122 degrees.  As usual, key data points were not highlighted, including:
Yeah, it gets hot in Australia in January. Interestingly enough, it was "mainstream media news" in this country when Russia and China hit record lows; the Australia news was found in ... "phys.org" a site I don't often visit.

Original Post 

China's global warming story reported here earlier.

Now, Rizone.com is reporting that the icy weather is affecting CNOOC's operations:
 China National Offshore Oil Corp (CNOOC) revealed that oil and gas production at its largest base – the northern section of Bohai Bay – has been affected by icy weather.
According to a statement released by CNOOC in the weekend, large amounts of water in the Bohai Bay have frozen, forming a layer of ice up to 15 centimeters thick.
The country's meteorological administration also issued a statement in the weekend, warning of continued harsh conditions moving into February. In its statement, the administration said that North China experienced its coldest winter in 42 years, with temperatures hitting minus 7.4 degrees Celsius, 2.4 degrees lower than the average level in the previous years.
Forecasts of global temperatures rising one or two degrees over the next century are starting to look a bit shaky. 

8 comments:

  1. The problem is not the temp, it is the water. Next year, drain Bohai Bay before the freeze.

    anon 1

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  2. A recent DMR presentation saying "A 2012 typical Bakken well will produce for 45 years".

    Slide 12 at the link.

    www.dmr.nd.gov/oilgas/presentations/MinotChamberEnergy120512.pdf

    When does stripper status kick in?

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    Replies
    1. I don't own any mineral rights so I don't keep up with this. The NDIC website would have that information and I have posted that information at this site. Use the site's search application and type in "stripper."

      At one time it was 50 bopd for wells deeper than 10,000 feet; then it was reduced to 30 bopd for wells deeper than 10,000 feet, but I don't know the current rules.

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  3. 7.4 degrees Celsius converts to 19.2 degrees Fahrenheit and this causing problems to the point that it is news worthy?

    Lets see for Williston this coming Friday and Saturday temperatures are to be 12/-8 and 1/-2 degrees Fahrenheit. Celsius that works out to be -11/-22.2 and -17.2/-18.8.

    I wonder how much news talk there will be about how the cold winter in North Dakota is slowing Bakken oil production. I wonder if they will deploy ice breakers on Lake Sakakawea? It is just terrible the global warming conditions that are befalling poor North Dakota.

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    Replies
    1. I thought the same thing: not all that cold in China, but I think it's all "relative." Folks in this part of the world just don't see this cold weather so often. The question is whether the global warming advocates have thermometers in this area, and take that data and model it into global warming numbers.

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  4. According to the National Oceanic and Atmospheric Administration (NOAA), 2012 had an average temperature of 55.3°F, which eclipsed 1998, the previous record holder, by 1°F. That was just off Climate Central’s calculation in mid-December, which projected an expected value of 55.34°F, based on historical data.

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    Replies
    1. I assume, like unemployment numbers, global temperatures are a lagging indicator. Global warming ended sixteen years ago according to the same folks who first documented global warming:

      http://www.dailymail.co.uk/sciencetech/article-2217286/Global-warming-stopped-16-years-ago-reveals-Met-Office-report-quietly-released--chart-prove-it.html

      So, enough of this for now. Back to KOG buyout rumors and CLR surging.

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