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“Big Brother” may end up being very, very small
#6
Adele, I don't buy the abiotic oil theory. Why aren't the old giant fields in Texas and Pennsylvania filling back up again? Why is Iran building a nuclear power program? Because they know their oil fields won't last forever. Why won't the Saudis let outside experts examine their fields? Because they might be past peak? Why are we developing polluting, expensive sources of oil like tar sands and shale if the oil fields are refilling? Mexico has a state-run oil company that would have no reason to lie about their declining Cantarell field.

http://www.csmonitor.com/Environment/Ene...oil-fields

One of the clearest cases of the study's key finding is Mexico's Cantarell oil field, the second most productive in the world, until a steep decline began in 2004. Production from Cantarell stalled in the early 1990s leading Petroleos Mexicanos (PEMEX), the Mexican national oil company, to begin an aggressive drilling campaign and to build what at the time was the largest nitrogen extraction plant in the world. Once completed, the plant captured nitrogen from the air and injected it into the Cantarell field in order to counter falling pressure.

The result was a dramatic rise in production from about 1 million barrels per day (mbpd) in 1995 to above 2 mbpd in 2003, just two years after the nitrogen injection began. But, by the end of 2005 it was evident that Cantarell was in decline. What followed was a breathtaking slide from 2.136 mbpd in 2004 to just 394,000 barrels per day as of March this year. That's a total decline of 81 percent in just over eight years.

PEMEX has stabilized total Mexican oil output from all fields at about 2.5 mbpdit was 3.4 mbpd at Cantarell's peakby successfully increasing production from its Ku-Maloob-Zap offshore field. But once again the company is using nitrogen injection to achieve the increase just as it did at Cantarell. And so, PEMEX may be on course to repeat at Ku-Maloob-Zap the rapid decline previously experienced at Cantarell.
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“Big Brother” may end up being very, very small - by Tracy Riddle - 17-06-2013, 03:22 PM

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