05 Apr 2022, 9:35 pm
Texasmoneyman300 wrote:
We will never run out of oil gas and coal and I say that a industry veteran
I would expect more stats from a vet? like wtf are you kidding me man?
Im an fake armchair sociologist/psychologist and have stats on the last page, or to be clearer said we should see what they are saying about Ghawar these days.
here..
Quote:
Reserves
In April 2010, Saad al-Tureiki, Vice-President for Operations at Aramco, stated, in a news conference reported in Saudi media, that over 65 billion barrels (10.3 km3) have been produced from the field since 1951. Tureiki further stated that the total reserves of the field had originally exceeded 100 billion barrels (16 km3).[18]
The International Energy Agency in its 2008 World Energy Outlook stated that the oil production from Ghawar reached 66 Bbo in 2007, and that the remaining reserves are 74 Bbo.[11]
Matthew Simmons, in his 2005 book Twilight in the Desert, suggested that production from the Ghawar field and Saudi Arabia may soon peak.[19]
When appraised in the 1970s, the field was assessed to have 170 billion barrels (27 km3) of original oil in place (OOIP), with about 60 billion barrels (9.5 km3) recoverable (1975 Aramco estimate quoted by Matt Simmons). The second figure, at least, was understated, since that production figure has already been exceeded.[19]
In April 2010, Saad al-Tureiki, Vice-President for Operations at Aramco, stated, in a news conference reported in Saudi media, that over 65 billion barrels (10.3 km3) have been produced from the field since 1951. Tureiki further stated that the total reserves of the field had originally exceeded 100 billion barrels (16 km3).[18]
The International Energy Agency in its 2008 World Energy Outlook stated that the oil production from Ghawar reached 66 Bbo in 2007, and that the remaining reserves are 74 Bbo.[11]
Matthew Simmons, in his 2005 book Twilight in the Desert, suggested that production from the Ghawar field and Saudi Arabia may soon peak.[19]
When appraised in the 1970s, the field was assessed to have 170 billion barrels (27 km3) of original oil in place (OOIP), with about 60 billion barrels (9.5 km3) recoverable (1975 Aramco estimate quoted by Matt Simmons). The second figure, at least, was understated, since that production figure has already been exceeded.[19]
https://en.wikipedia.org/wiki/Ghawar_Field
05 Apr 2022, 10:13 pm
The_Znof wrote:
Texasmoneyman300 wrote:
We will never run out of oil gas and coal and I say that a industry veteran
I would expect more stats from a vet? like wtf are you kidding me man?
Im an fake armchair sociologist/psychologist and have stats on the last page, or to be clearer said we should see what they are saying about Ghawar these days.
here..
Quote:
Reserves
In April 2010, Saad al-Tureiki, Vice-President for Operations at Aramco, stated, in a news conference reported in Saudi media, that over 65 billion barrels (10.3 km3) have been produced from the field since 1951. Tureiki further stated that the total reserves of the field had originally exceeded 100 billion barrels (16 km3).[18]
The International Energy Agency in its 2008 World Energy Outlook stated that the oil production from Ghawar reached 66 Bbo in 2007, and that the remaining reserves are 74 Bbo.[11]
Matthew Simmons, in his 2005 book Twilight in the Desert, suggested that production from the Ghawar field and Saudi Arabia may soon peak.[19]
When appraised in the 1970s, the field was assessed to have 170 billion barrels (27 km3) of original oil in place (OOIP), with about 60 billion barrels (9.5 km3) recoverable (1975 Aramco estimate quoted by Matt Simmons). The second figure, at least, was understated, since that production figure has already been exceeded.[19]
In April 2010, Saad al-Tureiki, Vice-President for Operations at Aramco, stated, in a news conference reported in Saudi media, that over 65 billion barrels (10.3 km3) have been produced from the field since 1951. Tureiki further stated that the total reserves of the field had originally exceeded 100 billion barrels (16 km3).[18]
The International Energy Agency in its 2008 World Energy Outlook stated that the oil production from Ghawar reached 66 Bbo in 2007, and that the remaining reserves are 74 Bbo.[11]
Matthew Simmons, in his 2005 book Twilight in the Desert, suggested that production from the Ghawar field and Saudi Arabia may soon peak.[19]
When appraised in the 1970s, the field was assessed to have 170 billion barrels (27 km3) of original oil in place (OOIP), with about 60 billion barrels (9.5 km3) recoverable (1975 Aramco estimate quoted by Matt Simmons). The second figure, at least, was understated, since that production figure has already been exceeded.[19]
https://en.wikipedia.org/wiki/Ghawar_Field
Well I heard the New Mexico portion of the Permian may haveaboutfifty billion and they found a lot of new oil in Guyana and you have the spraberry midland basin Delaware basin and eagleford technology and higher prices increases recoverable reserves expontially west Texas and southeast New Mexico will be pumping a hundred years from now in some way the cline shale may have billions
05 Apr 2022, 10:15 pm
The_Znof wrote:
Texasmoneyman300 wrote:
We will never run out of oil gas and coal and I say that a industry veteran
I would expect more stats from a vet? like wtf are you kidding me man?
Im an fake armchair sociologist/psychologist and have stats on the last page, or to be clearer said we should see what they are saying about Ghawar these days.
here..
Quote:
Reserves
In April 2010, Saad al-Tureiki, Vice-President for Operations at Aramco, stated, in a news conference reported in Saudi media, that over 65 billion barrels (10.3 km3) have been produced from the field since 1951. Tureiki further stated that the total reserves of the field had originally exceeded 100 billion barrels (16 km3).[18]
The International Energy Agency in its 2008 World Energy Outlook stated that the oil production from Ghawar reached 66 Bbo in 2007, and that the remaining reserves are 74 Bbo.[11]
Matthew Simmons, in his 2005 book Twilight in the Desert, suggested that production from the Ghawar field and Saudi Arabia may soon peak.[19]
When appraised in the 1970s, the field was assessed to have 170 billion barrels (27 km3) of original oil in place (OOIP), with about 60 billion barrels (9.5 km3) recoverable (1975 Aramco estimate quoted by Matt Simmons). The second figure, at least, was understated, since that production figure has already been exceeded.[19]
In April 2010, Saad al-Tureiki, Vice-President for Operations at Aramco, stated, in a news conference reported in Saudi media, that over 65 billion barrels (10.3 km3) have been produced from the field since 1951. Tureiki further stated that the total reserves of the field had originally exceeded 100 billion barrels (16 km3).[18]
The International Energy Agency in its 2008 World Energy Outlook stated that the oil production from Ghawar reached 66 Bbo in 2007, and that the remaining reserves are 74 Bbo.[11]
Matthew Simmons, in his 2005 book Twilight in the Desert, suggested that production from the Ghawar field and Saudi Arabia may soon peak.[19]
When appraised in the 1970s, the field was assessed to have 170 billion barrels (27 km3) of original oil in place (OOIP), with about 60 billion barrels (9.5 km3) recoverable (1975 Aramco estimate quoted by Matt Simmons). The second figure, at least, was understated, since that production figure has already been exceeded.[19]
https://en.wikipedia.org/wiki/Ghawar_Field
Well the Saudi’s seem to be running out but the Texas and America and Russia is taking its place
05 Apr 2022, 10:17 pm
05 Apr 2022, 10:18 pm
05 Apr 2022, 10:49 pm
06 Apr 2022, 1:52 am
06 Apr 2022, 2:04 am
kraftiekortie wrote:
We have to stop our dependence on oil.
It will eventually be used up.
It is not a finite resource.
06 Apr 2022, 2:06 am
Texasmoneyman300 wrote:
Mona Pereth wrote:
Texasmoneyman300 wrote:
We will never run out of oil gas and coal and I say that a industry veteran
Sorry, but the amount of oil, gas, and coal is clearly finite, and it does NOT get renewed within any reasonable time frame. So it is simply not mathematically possible that we will "never" run out of oil, gas, and coal. The only question is when.
Is is effectively infinite with todays oil and gas technology for the rest of our lives
I think a "logical band-aid" is in order here.
06 Apr 2022, 4:43 am
06 Apr 2022, 6:14 am
06 Apr 2022, 6:44 am
06 Apr 2022, 7:18 am
Texasmoneyman300 wrote:
Is is effectively infinite with todays oil and gas technology for the rest of our lives
That makes no sense: "the rest of our lives" != "infinite" or even "effectively infinite".Also, whose lives - mine, yours, our grandchildren's children?
It seems a remarkably myopic viewpoint, given that the planet is clearly a finite resource. There are even pictures to show that this is all you get:
06 Apr 2022, 7:30 am
06 Apr 2022, 7:33 am
Texasmoneyman300 wrote:
I’ll just agree to disagree but here in Texas the industry won’t run out anytime soon like of course Everyone thought we we would out of oil in the seventies but fracking happened
And to hell with all the parts of the world that are not Texas oil industry? 
06 Apr 2022, 7:37 am
magz wrote:
Texasmoneyman300 wrote:
I’ll just agree to disagree but here in Texas the industry won’t run out anytime soon like of course Everyone thought we we would out of oil in the seventies but fracking happened
And to hell with all the parts of the world that are not Texas oil industry? Well I doing my oil pumping not just for Texas the Texas oil industry is in every part of the world but the whole world really needs Texas and the entire Permian basin
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