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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.

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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.

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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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