Spanish oil major and North
Slope explorer Repsol and privately held Denver based Armstrong Energy
announced the discovery of the massive Horseshoe oil field in Alaska. The
contingent resources currently identified in the Nanushuk play amount to
approximately 1.2 billion barrels of recoverable light oil. This is the largest
U.S. onshore conventional hydrocarbons discovery in the last 30 years. The
Horseshoe-1 and Horseshoe-1A wells drilled in the 2016-2017 winter campaign
confirm Nanushuk as a significant emerging play in Alaska’s North Slope. The
discovery is 20 miles south of where the two companies have already found oil
in a project known as Pikka. Preliminary development concepts for Pikka
anticipate first production there from 2021, with a potential rate approaching
120,000 barrels of oil per day. The new massive find of conventional oil on
state land could bring relief to budget pains in Alaska brought on by slumping
production in the state and the crash in oil prices. Source: Repsol.
Showing posts with label Peak Oil. Show all posts
Showing posts with label Peak Oil. Show all posts
Thursday, March 16, 2017
Largest U.S. Onshore Conventional Hydrocarbons Discovery in 30 Years
Wednesday, February 3, 2016
The Origin And Natural Abundance Of Hydrocarbons
“The suggestion that petroleum might have arisen from some transformation of squashed fish or biological detritus is surely the silliest notion to have been entertained by substantial numbers of persons over an extended period of time.” Sir Fred Hoyle, 1982 |
Prof. Nikolai Alexandrovitch Kudryavtsev (1893 - 1971) |
Mud volcano on Malan Island, emerged in 2011 in Balochistan, Pakistan, producing methane, ethane, propane and butane. |
From the analysis of a ketchup stain on a tie can not be concluded that the tie would be made from tomatoes. (HERE) |
Labels:
Crude Oil,
Deep-Earth Gas Theory,
Fred Hoyle,
J.F. Kenney,
Mud Volcanoes,
Natural Gas,
Nikolai Alexandrovitch Kudryavtsev,
OT,
Peak Oil,
Solar System,
The Deep Hot Biosphere Theory,
Thomas Gold
Subscribe to:
Posts (Atom)