This group brings together the best thinkers on energy and climate. Join us for smart, insightful posts and conversations about where the energy industry is and where it is going.

10,243 Members

Post

Nineteen Straight Dry Holes

Jim Baird's picture

Thank Jim for the Post!

Energy Central contributors share their experience and insights for the benefit of other Members (like you). Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member.

Discussions

Max Kennedy's picture
Max Kennedy on Dec 19, 2013 2:51 am GMT

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 Dec 19, 2013 12:25 pm GMT

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 Dec 19, 2013 4:31 pm GMT

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 Dec 19, 2013 5:59 pm GMT

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.  

Get Published - Build a Following

The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »