N.C. drilling article

[Glenn W]

Captnemo,
Not my intention to split hairs or debate whether exploration activity is or is not occuring. Of course the energy companies are pursueing exploration to a limited degree in the most promising areas. However to say that exploration is currently "booming" on a massive scale is simply misleading and inaccurate.
Be that as it may, I think we can all agree that exploration off the Mid Atlantic US coast is not in the cards in the immediate future--- and-- that for exploration in this area to commense ( to any material degree) we will first see oil prices significantly higher than they are right now. As such, I am personally much better off with lower oil prices and no oil rigs off the Carolina coast--- and hope not to see these rigs even considered as economically feasible--- this does not mean that I am opposed to rigs per se, simply that it ain't gonna happen unless we're paying in the neighborhood of $5.00/gal for fuel.



To my lunatic friend--- I rest my case as to your credibility regarding the issues at hand.

[hmsmithjr]

"UNLIKE A FIXED PLATFORM" One piling is not a platform, sorry dude you can't set up a drilling rig on ONE narrow piling...keep searching, but you wont find ANY drilling or production platforms with anything near 1500 water depth range.

Trust me this is what I do for a living, I work for the biggest drilling contractor in the world and am very familiar with our 138 rig fleet. We have jack up rigs and deep water floaters. Max water depth is no where near 1500 ft not even 1000ft. If you want to argue just to argue, pick a fight with someone else.

Nemo,
Look up the Petronius platform in the northern gulf of mexico. It is a free standing PLATFORM in over 1600 feet of water and from the seafloor to the top is 2000 feet.
Maclin

[d-a]

No freakin shit sherlock, how did you come to that majestic conclusion. What you refuse to understand is what is going to go on off the coast of NC is EXPLORATION DRILLING, I WILL SAY IT AGAIN, AND AGAIN, AND AGAIN, THE ONLY DEEPWATER EXPLORATION RIGS THAT WILL BE OFF THE COAST OF NC WILL BE FLOATERS. DRILL SHIPS AND SEMI-SUBS. YOU ARE POSTING INFORMATION FROM DEVELOPED PRODUCTION FIELDS, THIS IS 2 DECADES AWAY MINIMUM FOR NC. NOW GO BACK TO YOUR GOOGLE SEARCH AND FIND A 50 PAGE DOCUMENT ABOUT PRODUCTION PLATFORM THEORY AND POST IT SO YOU LOOK LIKE YOU KNOW WHAT YOUR TALKING ABOUT.

Look You said there was no way that there was a oil rig with substructure that goes to the sea floor up to 1500 ft deep in the gulf period now way possible

Fact check, sorry this is just not true, the technology is not available right now to have platforms in 1500ft of water, in the gulf oil field. They are all floaters at that point.

There happen to be three in the gulf that are infact over 1000ft deep with substructre that goes all the way to the sea floor. If you choose to not belive that then its own you. I guess in THEORY I didnt catch my personal best scamp off of the eastern most one in the gulf.

I have never stated thats whats going to go of the coast of NC, and I too know that if it was it wouldnt be with in the next 5-10 years.

d-a

[d-a]

Nemo,
Look up the Petronius platform in the northern gulf of mexico. It is a free standing PLATFORM in over 1600 feet of water and from the seafloor to the top is 2000 feet.
Maclin

Dude your wasting your time

d-a

[captnemo]

However to say that exploration is currently "booming" on a massive scale is simply misleading and inaccurate.

So I guess you have first hand experience working on the west coast of Africa, the black sea and the far east? To tell me what I see with my very own eyes happening right now is an mirage?

If you don't know whats going on off Angola, Nigeria, Gabon, E.G., D.R. Congo, because these countries are BOOMING with exploration. The infrastructure is being built faster then they can get materials,

Do you know there is a direct flight from Houston to Luanda, Angola 3 days week, reserved simply for ex-pat oil field workers?

How do you get your info?

[luna sea II]

So I guess you have first hand experience working on the west coast of Africa, the black sea and the far east? To tell me what I see with my very own eyes happening right now is an mirage?

If you don't know whats going on off Angola, Nigeria, Gabon, E.G., D.R. Congo, because these countries are BOOMING with exploration. The infrastructure is being built faster then they can get materials,

Do you know there is a direct flight from Houston to Luanda, Angola 3 days week, reserved simply for ex-pat oil field workers?

How do you get your info?

he gets his info right out of his ass.

[Glenn W]

So I guess you have first hand experience working on the west coast of Africa, the black sea and the far east? To tell me what I see with my very own eyes happening right now is an mirage?

If you don't know whats going on off Angola, Nigeria, Gabon, E.G., D.R. Congo, because these countries are BOOMING with exploration. The infrastructure is being built faster then they can get materials,

Do you know there is a direct flight from Houston to Luanda, Angola 3 days week, reserved simply for ex-pat oil field workers?

How do you get your info?

You're right, I'm wrong.
The data provided for the Oil & Gas Exploration industry regarding global activity is all fabricated. The financial performance of O&G exploration Companies are all a lie. Their press releases regarding the slump in avtivity is nothing more than a cover up attempt.

Here's a good summary article put less than 48 hours ago:

http://finance.yahoo.com/news/Surgin....html?x=0&.v=3

As far as what's been happening in 2009, it may not be useful to consider the performance and press releases of those companies the specialize in O&G exploration. See for example:

http://finance.yahoo.com/news/Schlum...&asset=&ccode=

[captnemo]

You're right, I'm wrong.
The data provided for the Oil & Gas Exploration industry regarding global activity is all fabricated. The financial performance of O&G exploration Companies are all a lie. Their press releases regarding the slump in avtivity is nothing more than a cover up attempt.

Here's a good summary article put less than 48 hours ago:

http://finance.yahoo.com/news/Surgin....html?x=0&.v=3

As far as what's been happening in 2009, it may not be useful to consider the performance and press releases of those companies the specialize in O&G exploration. See for example:

http://finance.yahoo.com/news/Schlum...&asset=&ccode=

I am honestly flabbergasted about these two bullshit links. Here are some quotes from the first link "Surging oil has petro companies drilling again"

"With oil prices surging, petroleum drillers have dusted off idled rigs and kick-started a global production network that thrives on high energy prices."

"As the oil industry begins reporting third-quarter earnings, the rebound in oil may lead to more jobs in the oil patch as companies spread out in search of more petroleum, especially shale gas deposits around the world."

THIS IS EXACTLY WHAT I SAID AND YOUR TRYING TO ARGUE AGAINST IT!!!! How freaking ignorant can you be. Did I or did I not say exploration drilling was booming? So you put up an article talking about how the oil companies are expanding there drilling?


AND

The second article is about schlumberger! they are not a drilling contractor so what do they have to do with a discussion about international drilling?

You are just scrapping the bottom of the barrel for any article that will make you look smart, so far you have failed miserably.

[Glenn W]

You're right Nemo--- I'm an idiot, and don't have a clue.

[luna sea II]

You're right Nemo--- I'm an idiot, and don't have a clue.

you're an asshole too.