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MindMover

(5,016 posts)
Fri Mar 28, 2014, 06:44 PM Mar 2014

Ever wonder why we keep finding more and more and more and more and more OIL .... ?

Last edited Fri Mar 28, 2014, 08:16 PM - Edit history (3)



How many of us actually thought that oil comes from dinosaurs ... even though I have used the term dinosaur juice as a metaphor ... ?
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Ever wonder why we keep finding more and more and more and more and more OIL .... ? (Original Post) MindMover Mar 2014 OP
We are still using more oil then we are finding.... happyslug Mar 2014 #1
I'd bet his "48,000 feet" claim is based on ocean drilling NickB79 Aug 2014 #7
Theres a lot of nuance to this NathanSharp Aug 2015 #11
To we are not find enough to keep our society going much longer 4dsc May 2014 #2
A more plausible theory jambo101 Aug 2014 #3
Oil comes mostly from little critters Socialistlemur Aug 2014 #4
Of course its been debunked but not disproven. jambo101 Aug 2014 #5
"Debunked but not disproven"?!? NickB79 Aug 2014 #6
Meaning jambo101 Aug 2014 #8
Keep on debating. Socialistlemur Aug 2014 #10
Its ultra super duper hyperbolically disproven Socialistlemur Aug 2014 #9
New exploration and extraction technologies, and more desperation. Crystalite Oct 2015 #12
 

happyslug

(14,779 posts)
1. We are still using more oil then we are finding....
Sat Mar 29, 2014, 10:28 AM
Mar 2014

And that has been the situations since the 1960s when the last real huge (Sometime called elephants) oil fields were discovered. We are finding more oil fields, but way below replacement levels.

Now, Fracking has increased oil production, but from what are called "Tight oil" and those fields have been known for decades but are expensive to extract oil from AND will last less then five years (and enter decline after 18 months). See my previous posts on other sites for details. One of the pushes to get these fields into production is the high costs to drill them AND that the leases have drill or lose the lease clauses. Thus the money is already invested, even before the first dirt is drilled.

As to his point that oil is pumped from 48,000 feet, that is NOT true. While Natural Gas can exist below 20,000 feet (Natural Gas does exists as deep as 100,000 feet). Below 20,000 feet, the heat of the earth converts Oil to Natural Gas, thus 20,000 feet is the approximate bottom level for oil. With fracking we are hitting those levels (we had the capacity to drill to 20,000 feet in 1938). We are getting some liquefied natural gas products along with the natural gas below 20,000 feet, thus this is a source of some of the "Oil" discovered over the 40 years.

Sorry, Peak oil is hitting us right now, there is some question as to when peak Natural Gas will hit but it Will hit (the exact date is unknown for it is hard to determine how much natural gas is below 20,000 feet AND you have the problem of huge natural gas at the bottom of various seas in the world, for example the Caribbean and the seas around Japan, but can NOT be profitable extracted at the present time do to the price of natural gas is to low).

This is a version of the aerobic oil theory, disproved decades ago, but keep coming back supported by people who just like ignoring facts.

NickB79

(19,625 posts)
7. I'd bet his "48,000 feet" claim is based on ocean drilling
Mon Aug 11, 2014, 02:35 PM
Aug 2014

And he's including the depth of the water the platform is operating in with the depth of the borehole.

NathanSharp

(16 posts)
11. Theres a lot of nuance to this
Sat Aug 22, 2015, 02:03 PM
Aug 2015

so, it can't possibly keep up with the sensationalism of the 24/7 news cycle.

 

4dsc

(5,787 posts)
2. To we are not find enough to keep our society going much longer
Sat May 24, 2014, 07:04 PM
May 2014

We are finding many little oil fields and not the giants that are needed to keep our society going in the coming decades.

jambo101

(797 posts)
3. A more plausible theory
Fri Aug 1, 2014, 05:31 AM
Aug 2014

I've never bought into the fossil fuel theory as it just doesnt sound right that decaying dinosaurs and forests can provide the Earth with the amount of oil we are pumping out of the ground and using it globally at a rate of 100 million barrels per day.
A more plausible theory is the Abiotic Theory, which of course has conveniently been debunked.
http://www.viewzone.com/abioticoil.html

Socialistlemur

(770 posts)
4. Oil comes mostly from little critters
Wed Aug 6, 2014, 09:41 AM
Aug 2014

Not from dinosaurs or trees. The abiotic oil idea has been debunked.

jambo101

(797 posts)
5. Of course its been debunked but not disproven.
Sat Aug 9, 2014, 03:53 AM
Aug 2014

Can you imagine the economic chaos that would ensue if the Abiotic theory were proven to be true..

jambo101

(797 posts)
8. Meaning
Mon Aug 11, 2014, 04:25 PM
Aug 2014

Those that have the most money to lose if the theory proved to be true have said the theory cant possibly be true thereby debunking the theory..In other words the debate continues.
http://peakoil.com/geology/abiotic-oil-and-gas-a-theory-that-refuses-to-vanish

Socialistlemur

(770 posts)
9. Its ultra super duper hyperbolically disproven
Fri Aug 15, 2014, 05:21 PM
Aug 2014

Abiotic oil is like the Loch Ness monster, Atlantis and black republican presidential candidates....fakes.

 

Crystalite

(164 posts)
12. New exploration and extraction technologies, and more desperation.
Wed Oct 28, 2015, 01:51 PM
Oct 2015

It's a shame, really, that we can keep finding new reserves and keep designing new ways to get at it.

"Peak Oil" as a moment in time keeps shifting due to changes in technology.

From www.oilposter.org:

Latest Discussions»Retired Forums»Peak Oil»Ever wonder why we keep f...