I heard that yesterday re: LNG export expansion. Didn't hear projected startup dates. My comment on years was assuming you start the job now in response to European shortage.
Houston..we have a problem....
7,314,621 Views |
28750 Replies |
Last: 21 hrs ago by Bibendum 86
DubFalls said:
Perhaps this?Joe Biden's nominee for the Comptroller of the Currency Saule Omarova on oil, coal and gas industries: "We want them to go bankrupt if we want to tackle climate change."
— Steve Guest (@SteveGuest) November 9, 2021
Those industries are responsible for MILLIONS of Americans' paychecks.pic.twitter.com/37DYwoFw8m
There isn't a tree tall enough. ..
Seriously, when is the real fight against this going to happen?
Yes , no new greenfield LNG projects would come on line any earlier than 2027 is my understanding. , but adding 1.5 bcfd quickly on brownfield expansions is not chump change . I want to say that's on the order of 10% of the current capacity.
New fortress energy is working on a offshore lng liquification unit on top of a converted jack up gathering onshore gas through existing pipelines to then ship to Europe on their fleet. Being built in corpus and should be operational by March of 23 off of Louisiana.
Is New Fortress the same outfit that wanted to do this up in NE PA and pipeline to a NJ port but the pipeline got rejected?
Thanks . Had not heard of that project. Do you know the projected capacity? Not much if the liquefaction is on a jack up deck I suspect . Just not that much space there.
I think so.
They're still trying. Customer of mine did all the mass grading and stuff for the site in PA, then it died.
0.4 bcfd . Pretty good for that small of a footprint.
On drilling efficiency it's not just one improvement but every service company fighting to improve their product for a competitive advantage.
Your big improvements are bigger and more reliable pumps that can handle bigger drilling tools and higher flow rates, faster in and out of the hole through pulling three joints of pipe up at a time instead of unscrewing/screwing every joint, bits that don't need replacing as often, better downhole interventions that are on the BHA like jars and impact drivers, motors/RSS's that can last longer, and tools that can do quicker surveys after every drilled stand of pipe. This doesn't even get into the crazier stuff like skipping wire lining and doing logging while drilling, drilling on a casing string instead of drill pipe, or rigs that can do multiple major drilling assembly steps at once due to automation.
NAL is all about drilling as fast as you can cheaply do it.
Your big improvements are bigger and more reliable pumps that can handle bigger drilling tools and higher flow rates, faster in and out of the hole through pulling three joints of pipe up at a time instead of unscrewing/screwing every joint, bits that don't need replacing as often, better downhole interventions that are on the BHA like jars and impact drivers, motors/RSS's that can last longer, and tools that can do quicker surveys after every drilled stand of pipe. This doesn't even get into the crazier stuff like skipping wire lining and doing logging while drilling, drilling on a casing string instead of drill pipe, or rigs that can do multiple major drilling assembly steps at once due to automation.
NAL is all about drilling as fast as you can cheaply do it.
I'm all for drilling efficiency provided they dont corkscrew the wellbore, sucks not being able to install rod pumps on +500 wells because the drilling guys went balls to the walls lol
There's a point I'lI no longer blame the public. The energy sector is flat at terrible at communicating reality and PR. We're talking billions if not trillions of dollars a year and when it comes to informing the public (their customers) they are inept compared to small time activist groups.
Here ends my biggest frustration with the industry.
Here ends my biggest frustration with the industry.
Have you seen the recent Energy Transfer (I think?) commercial? One of the best (and only) commercials I've seen promoting the positives of oil and gas. I wish there was more of this to help the broader public understanding of the industry.
quit whining. so what if you are going to struggle to lift that well for the next 20+ years possibly to the point of shortening its economic life, drilling saved 18 hours on their days to TD time on that wellthepartygoat said:
I'm all for drilling efficiency provided they dont corkscrew the wellbore, sucks not being able to install rod pumps on +500 wells because the drilling guys went balls to the walls lol
*spoken as a salty former production engineer*
You couldn't hang a plumb bob from surface to TD on any producing well in the world without hitting the side of the casing. Figure it out.
At least we're not the Russians.Comeby! said:
You couldn't hang a plumb bob from surface to TD on any producing well in the world without hitting the side of the casing. Figure it out.
I'll never forget the blooper / highlight reel from my indoctrination class at my first O&G employer of Russian drilling including the drill head doing a 180 and popping up in sight of the rig.
Sporty Spice said:
Have you seen the recent Energy Transfer (I think?) commercial? One of the best (and only) commercials I've seen promoting the positives of oil and gas. I wish there was more of this to help the broader public understanding of the industry.
Have you seen how dumb the average person is? And how ignorant of science, math, and logic? It's hard to teach them facts. It's easier to sell them a false, simplified fantasy of how things "should be."
I didn't 100% agree with the book, but just read The Moral Case for Fossil Fuels. He talked about this. Basically said every major has a picture of a windmill or solar panels, or something like that on their website and in their earnings releases. Why should the general public think highly of O&G and see the benefits of it if the majors don't even see it and seem to be promoting getting rid of O&G?
Use their language and play by their rules, you've already lost.
Easier to sell feeling rather than facts/science. Eco groups have an easy feeling sell. O&G doesn't really have a feelings story to sell.Ogre09 said:Sporty Spice said:
Have you seen the recent Energy Transfer (I think?) commercial? One of the best (and only) commercials I've seen promoting the positives of oil and gas. I wish there was more of this to help the broader public understanding of the industry.
Have you seen how dumb the average person is? And how ignorant of science, math, and logic? It's hard to teach them facts. It's easier to sell them a false, simplified fantasy of how things "should be."
How does it not?
O&G make just about everything we use on a daily basis. Life saving devices don't happen. "Green"products such Teslas, solar panels, and windmills don't get made without plastic and rubber and other petrochemical products and by-products. I imagine there's someone outside of uninventive engineers that can put together years and years worth of good information.
O&G make just about everything we use on a daily basis. Life saving devices don't happen. "Green"products such Teslas, solar panels, and windmills don't get made without plastic and rubber and other petrochemical products and by-products. I imagine there's someone outside of uninventive engineers that can put together years and years worth of good information.
AgLA06 said:
How does it not?
O&G make just about everything we use on a daily basis. Life saving devices don't happen. "Green"products such Teslas, solar panels, and windmills don't get made without plastic and rubber and other petrochemical products and by-products. I imagine there's someone outside of uninventive engineers that can put together years and years worth of good information.
I'd love to be more optimistic about our industry but when the 2020 Davos meeting resulted in a new manifesto promoting the ESG efforts and move away from fossil fuels, I'm not feeling too confident. We still have a problem that hasn't fully materialized yet but will fundamentally destroy our industry.
Look up the World Economics Forum and the Davos Manifesto:
Weforum.org
We're fooked unless this gets derailed.
Those are all great facts. But how good of a feeling story is "without O&G we will all starve to death in the dark". It may be true but it doesn't feel that way to the average American that doesn't understand where their food comes from, let alone all the parts on their car, and everything in their house or even comprehend what a world without cheap food and power is like.AgLA06 said:
How does it not?
O&G make just about everything we use on a daily basis. Life saving devices don't happen. "Green"products such Teslas, solar panels, and windmills don't get made without plastic and rubber and other petrochemical products and by-products. I imagine there's someone outside of uninventive engineers that can put together years and years worth of good information.
And even if you made a commercial showing a typical house with stuff and then remove everything made with oil/by-products (and not just made using power from O&G), it will be spun into a call to make all that stuff from non O&G products. After all, there are plant based plastics. Doesn't matter that they don't have suitable properties for whatever.
The only thing that we know with any certainty is that straws made out of paper or plant based plastic are gutter trash and should be outlawed worldwide.BiochemAg97 said:Those are all great facts. But how good of a feeling story is "without O&G we will all starve to death in the dark". It may be true but it doesn't feel that way to the average American that doesn't understand where their food comes from, let alone all the parts on their car, and everything in their house or even comprehend what a world without cheap food and power is like.AgLA06 said:
How does it not?
O&G make just about everything we use on a daily basis. Life saving devices don't happen. "Green"products such Teslas, solar panels, and windmills don't get made without plastic and rubber and other petrochemical products and by-products. I imagine there's someone outside of uninventive engineers that can put together years and years worth of good information.
And even if you made a commercial showing a typical house with stuff and then remove everything made with oil/by-products (and not just made using power from O&G), it will be spun into a call to make all that stuff from non O&G products. After all, there are plant based plastics. Doesn't matter that they don't have suitable properties for whatever.
After two trips to Florida last year, I have a collapsible straw now because paper straws are worthless...
They are doing it to try and repair their image to the public. With the winter storm surcharges, DAPL, and problems in the NE, they need all the positive press they can get.
Agree somewhat but to 90% or more of public they are relatively unknown and many do not link them with DAPL. It's the nature of midstream largely as not being a specifically branded commodity. I think what they are doing is smart not only for themselves but energy sector as a whole. They are moving to some green space plays too.
I barely identify them with DAPL and I was in the industry for years.
Energy Transfer is the only oil and gas company I have seen lately with an effective marketing campaign. Their commercial and LinkedIn stuff has been on point. How it resonates outside the industry is unknown but I am glad to see a company pushing back on all of the latest anti-fossil fuel trends.
Kelsey Warren has been in the industry a long time.
And he has a reputation that makes Oscar Wyatt look like St. Frances of Assisi as a result. And it's very well deserved.Comeby! said:
Kelsey Warren has been in the industry a long time.
Oh boy... worse than Lisa Stewart?!
Oscar... I've heard some wild ass stories! I worked for Coastal before El Paso bought them... legendary! Last I heard of him he was locked up for a while over the Oil for Food UN program where he was buying oil illegally for his Aruba refinery from Saddam Hussein!)
Oscar... I've heard some wild ass stories! I worked for Coastal before El Paso bought them... legendary! Last I heard of him he was locked up for a while over the Oil for Food UN program where he was buying oil illegally for his Aruba refinery from Saddam Hussein!)
Featured Stories
See All
SEC Round-Up: Odds of coaching changes remain ever-changing
by Olin Buchanan
38:19
2h ago
681
Pick 'Em & Rip 'Em sponsored by PrizePicks: Week 10
by Matthew Dawson
49:28
2h ago
784
FTM, Ep. 68: Salary conversation as coaching carousel prepares to spin
by FollowTheMoney
66:34
21h ago
5.7k