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Posted
Exactly. :thumbup:

We should be grasping better technology where and when we can. That's progress. Burning fossil fuels is out of date and boring.

Cheers, Steve

 

Oh come off it Steve. Burning fossil fuels has brought us global dimming, global warming and countless wars, you could never accuse it of being boring :lol:

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Posted
Hamburg G20 riots.....

 

 

Yes, in this day and age, owning a camera phone is capitalism😂😂😂😂😂😂

Posted
Putting aside new techniques, the fact remains oil fields follow a classic Hubbert Curve..

 

 

 

Production rises, reaches a peak then declines... The North Sea is in decline..

 

 

 

What happens in the North sea happens to every other oil field in the world.. new tech or no new tech.. most of the worlds oil produces have now passed peak..

 

 

North Sea maybe. But I did say Scottish waters. Just look at the Clair Field West of Shetland. Then there is the untapped reserves in the Moray Firth and because of Trident we can't get to the vast reserves in the Firth of Clyde nor the Irish Sea.

 

Norway is investing heavily in the North Sea with quite a few new Platforms over various massive producing fields.

 

People are quite easily lead and seem to fall for the same line that we are past peak oil and keep falling for this line time and time again. I'll be in a job running Completion Tools until retirement and I'm sure the next generation too. Far more is required of oil than heating homes and fueling cars and unless there is a way to convert sunlight into plastic we're gonna need oil a little longer.

 

 

Sent from my iPhone using Arbtalk

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