Past and future at Total’s Elgin/Franklin project

Four weeks after the Elgin G4 well sprung a leak above the production platform in the North Sea, Total has spudded the first of two relief wells as backup in case the attempt to kill the well from above doesn’t work. It will take 6 months to drill the wells, however, and an estimated 200,000 cubic meters of gas has been released so far – reportedly enough to heat all of Aberdeen for a decade. In this post, I will provide some additional background on the history of this project and what Total E&P UK’s plans were prior to the leak and subsequent shutdown of all production.

Review: Falling Through Time by Patricia Comroe Frank

Since its beginnings, the sleeper-awakes scenario has been one of the most commonly used frameworks for introducing fictional utopias and dystopias–yet somehow it doesn’t feel overdone. The reason, I suspect, is that the sleep is incidental to the story, the true focus being the new world order and how it compares with the old. That’s certainly the case with Patricia Frank’s Falling Through Time, the story of a woman who travels into the future and takes us on a sort of guided tour of it. Her name is Summer Holbrook, and she’s a prominent advertising executive who goes missing while vacationing in Alaska. After suffering a spill down a glacier crevasse, she freezes, falls into suspended animation and is found and rescued by a band of expeditioners in the year 2084.

The Myth That the US Will Soon Become an Oil Exporter

Countries trade crude oil and oil products back and forth. When all of these transactions are netted out, is the US close to becoming a “net” oil exporter?

With the recent increase in oil production (perhaps even exceeding that of Russia on a “barrels-per-day” basis), a person might think that US oil production problems are behind us. If we look at the data, though, it is very clear that the US is still a long way from becoming a net oil exporter.

ODAC Newsletter – Apr 20

Approval of hydraulic fracturing for gas in the UK moved a step closer this week as a DECC commissioned report on the seismic impact of drilling at Cuadrilla’s Lancashire operation advised ministers to proceed. The report recommended a tightening of procedures around drilling, including a pre-injection diagnostic phase, and a traffic light warning system halting operations should an earthquake over 0.5 magnitude occur…

The politics of drilling in the dark zone

The Northbelt Thrust falls into a curious category on the global oil patch. Like dark matter in the universe, it is a blank spot, one of a few places with big proven and potential reserves that are wholly ignored in official forecasts. For it is offshore from Cuba, a political pariah in the U.S.

A ban on oil speculation?

Joseph P. Kennedy II, former Congressional Representative from Massachusetts, and founder, chairman, and president of Citizens Energy Corporation, has a proposal to make energy affordable for all. All we have to do, Kennedy claims, is “bar pure oil speculators entirely from commodity exchanges in the United States.”

By what mysterious process can all this within-day buying and selling of “paper” energy be the factor that is responsible for both a price of oil in excess of $100/barrel and a price of natural gas at record lows below $2 per thousand cubic feet? I suspect the reason that Kennedy does not explain the details to us is because he does not have a clue himself.

Easing Off the Gas

The Do the Math blog series has built the case that physical growth cannot continue indefinitely; that fossil fuel availability will commence a decline this century—starting with petroleum; that alternative energy schemes constitute imperfect substitutes for fossil fuels; and has concluded that a very smart strategy for us to adopt is to slow down while we sort out the biggest transition humans have ever faced. The idea is to relieve pressure on the system, avoid the Energy Trap, and give ourselves the best possible chance for a successful transformation to a stable future.