BP announces giant oil find

[SlyPokerDog]

BP Plc, Europe’s second-largest oil company, reported a “giant” discovery at the Tiber Prospect in the U.S. Gulf of Mexico that may contain more than 3 billion barrels, after drilling the world’s deepest exploration well.

The well is located about 250 miles (400 kilometers) southeast of Houston, the London-based company said today in a statement. It was drilled to approximately 35,055 feet (10,685 meters), greater than the height of Mount Everest.

The latest discovery will help BP, already the biggest producer in the Gulf of Mexico, boost output in the region by 50 percent to 600,000 barrels of oil equivalent a day after 2020. It’s equal to about a year’s output from Saudi Arabia, the biggest exporter in the Organization of Petroleum Exporting Countries, as well as coming close to matching the U.K.’s entire proven reserves.

Link

 

[julius]

Anyone know how that compares to the oils in the middle east?

Also, I'm torn with this finding. On the one hand, it hopefully means we can invade Great Britain, to gain control over the oil (even though it's off "our" shores)..I hope it doesn't all the sudden mean we revert back to the days of gas guzzlers and wasting oil/petroleum.

 

[44Thrilla]

Anyone know how that compares to the oils in the middle east?

Also, I'm torn with this finding. On the one hand, it hopefully means we can invade Great Britain, to gain control over the oil (even though it's off "our" shores)..I hope it doesn't all the sudden mean we revert back to the days of gas guzzlers and wasting oil/petroleum.

I think Iraq alone has over 112 billion barrels of oil.

 

[SlyPokerDog]

Anyone know how that compares to the oils in the middle east?

Also, I'm torn with this finding. On the one hand, it hopefully means we can invade Great Britain, to gain control over the oil (even though it's off "our" shores)..I hope it doesn't all the sudden mean we revert back to the days of gas guzzlers and wasting oil/petroleum.

When did they move Great Britain to the Gulf of Mexico?

 

[Natebishop3]

Didn't you know we're all gonna have a Prius by 2012?

 

[44Thrilla]

When did they move Great Britain to the Gulf of Mexico?

The company that discovered the oil is from the UK.

 

[julius]

When did they move Great Britain to the Gulf of Mexico?

who owns BP? And where are they located? And what does the B in BP stand for?

 

[BenDavis503]

Does this mean that gas prices will go down any?

 

[Shooter]

who owns BP? And where are they located? And what does the B in BP stand for?

BP = British Petroleum

 

[MARIS61]

Does this mean that gas prices will go down any?

 

[Shooter]

Does this mean that gas prices will go down any?

It might. But even more important, it's a huge source of oil from a non-Middle East country. That's fantastic news for us, and bad news for OPEC.

 

[Denny Crane]

Good thing we're not drilling within the USA or we might find a big oil deposit, too.

 

[barfo]

Good thing we're not drilling within the USA or we might find a big oil deposit, too.

Really, we aren't drilling in the USA? That's gonna be surprising news to the oil industry.

Maybe you meant we aren't drilling everywhere within the USA?

barfo

 

[Denny Crane]

Really, we aren't drilling in the USA? That's gonna be surprising news to the oil industry.

Maybe you meant we aren't drilling everywhere within the USA?

barfo

We're not drilling where the oil is.

 

[SlyPokerDog]

We're not drilling where the oil is.

You point out where the oil is and I'll get my army of 400 million male chickens to start digging.

 

[barfo]

We're not drilling where the oil is.

We are drilling where the oil isn't? That calls into question the intelligence of the oil companies, doesn't it?

barfo

 

[Denny Crane]

You point out where the oil is and I'll get my army of 400 million male chickens to start digging.

Let's go to ANWR.

We are drilling where the oil isn't? That calls into question the intelligence of the oil companies, doesn't it?

barfo

Or the regulations that keep them from drilling where they know the oil is. After all, they do have all sorts of equipment to help them figure out where it is.

 

[barfo]

Or the regulations that keep them from drilling where they know the oil is. After all, they do have all sorts of equipment to help them figure out where it is.

Well, if you are prevented from drilling where the oil is, do you drill where it isn't instead? Seems like that would be a waste of money.

Also, I think that US oil production isn't zero.

barfo

 

[barfo]

After all, they do have all sorts of equipment to help them figure out where it is.

That stuff relies on computer modeling, which you don't believe in.

barfo

 

[Denny Crane]

Well, if you are prevented from drilling where the oil is, do you drill where it isn't instead? Seems like that would be a waste of money.

Also, I think that US oil production isn't zero.

barfo

They're drilling where there was oil, using more expensive techniques to get oil out of rock that's absorbed it, and that sort of thing.

That stuff relies on computer modeling, which you don't believe in.

barfo

Uh, no.

 

[SlyPokerDog]

They're drilling where there was oil, using more expensive techniques to get oil out of rock that's absorbed it, and that sort of thing.



Uh, no.

That stuff relies on computer modeling, which you don't believe in.

barfo

You two are funny. How long have you been married?

 

[barfo]

You two are funny. How long have you been married?

We are coming up on our first anniversary!

Gifts welcome.

barfo

 

[yakbladder]

They're drilling where there was oil, using more expensive techniques to get oil out of rock that's absorbed it, and that sort of thing.



Uh, no.

hahahahahahahahaha....

yes.

 

[yakbladder]

We are coming up on our first anniversary!

Gifts welcome.

barfo

The first anniversary isn't that like the "everyone wait to see if they survive before buying gifts" anniversary?

 

[barfo]

The first anniversary isn't that like the "everyone wait to see if they survive before buying gifts" anniversary?

Denny and I have a covenant marriage.

barfo

 

[SlyPokerDog]

Denny and I have a covenant marriage.

barfo

Ben and Jerry's renames ice cream Hubby Hubby in celebration of gay marriage

Ben and Jerry's has changed the name of one of its best-selling ice creams to Hubby Hubby, in celebration of the legalisation of gay marriage in its home state of Vermont

 

[Rodolfo]

Good thing we're not drilling within the USA or we might find a big oil deposit, too.

Jed Clampett sure did.

 

[maxiep]

Good thing we're not drilling within the USA or we might find a big oil deposit, too.

Also, the government just restricted the water rights to areas in CO, UT and WY who just happen to have large oil shale deposits. So they can't even pull water from the Colorado that runs right by many of these areas. I guess lawns in Phoenix and Vegas are more important than potential domestic energy sources.

 

[maxiep]

Jed Clampett sure did.

Jed Clampett would be considered an evironmental terrorist by this Administration. Tre Arrow would find the nearest tree on his property and plant himself in it.