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Nineteen Straight Dry Holes

Jim Baird's picture

Thank Jim for the Post!

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Max Kennedy's picture
Max Kennedy on December 18, 2013

Two things. 1st, they are NOT oils sands. oil flows without treatment, they are TAR sands.  Call a spade a spade!  2nd they are and aways have been a bad idea and CO2 sequestration is even worse!

Bobbi O's picture
Bobbi O on December 19, 2013

Mr. Baird,

  Could you clarify a question from  someone who knows very little about the oil industry? Is it true in many shale formations, only a few percent of the oil locked in the formation is recoverable  If so, how is it possible to make reliable projections of total  oil production from a formation when an improvement  in technology could change the percent recoverable from say 2 or 3% to maybe 4 or 5%  rather quickly? Thank You.

Thomas Garven's picture
Thomas Garven on December 19, 2013

Hi Jim:

Just wanted to make sure you have seen the 5 part series posted on the below website.  

http://www.energytrendsinsider.com/columns/rsquared/

It has been very informative for me.

 

Thomas Garven's picture
Thomas Garven on December 19, 2013

Thank you Jim.  Merry Christmas & Happy New Year to you and your family.

Now as far as the word “productive” goes; shouldn’t that be in some type of goal statement, LOL.  I still believe that a solar thermal enhance Ocean Thermal Energy System [OTES] has promise.     

Have a wonderful 2014.  Will not be posting much between now and the new year.  

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