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dpb dpb is offline
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Default Non-Oil Crisis - WE'RE SAVED!

Swingman wrote:
"dpb" wrote

Some or the largest reserves in the US are severely depleted and are
requiring extraordinary measures to continue to produce what they are
(like pulling vacuum, etc.) and what production there is is continuing
to decrease.

Many wells in this area that were drilled in the 50s and 60s and were
considered dry holes then were capped because they hadn't enough oil
production to pay are now being brought in as gas wells. But, those
aren't enough in production to make up for the far larger number that
are about tapped out...


LOL ... this has always been the subject of much "scientific" debate and is
not nearly as cut and dried it sounds above. I'm hear to tell you that
reserve estimates are historically "estimated" as much at four to nine times
too _low_, and there is inarguable poof of that:


I wasn't talking about general reserves; I was speaking of areas in
production and specifically of areas in production around here (Hugoton
gas field).

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