BS: Seven miles down, BP hits 2nd giant

Subject: BS: Seven miles down, BP hits 2nd giant
From: Q (Frank Staplin)
Date: 02 Sep 09 - 11:02 PM

British Petroleum announced it has found a giant pool seven miles down at its Tiber play. Previously, it also hit a giant in its Kaskida play in the same region of the Gulf of Mexico, about 400 kilometers offshore from Houston.
The discovery is located in 1259 meters of water, for a total depth of 10685 meters.
BP stock rose more than $2.00 a share. Each discovery is guesstimated at about 3 billion barrels.
At this time BP is producing 400,000 bbls/day from other, shallower, wells in the Gulf.
Exxon, Chevron, Shell and others have important exploration programs in the area.

With the recent re-evaluation of Canada's reserves to close to those of Saudi Arabia, North American reserves look sufficiently large for many years to come. Petrochina has bought into one Athabaska oilsands operation for $2 billion US dollars. The move has been welcomed by the provincial government. Another Chinese company has a large interest in another area.

Petrobras (Brazil) is making important discoveries in their offshore, presalt region. More 'giants' are expected there.

Subject: RE: BS: Seven miles down, BP hits 2nd giant
From: Peace
Date: 02 Sep 09 - 11:06 PM

What's the stock price of natural gas now, Q?

Subject: RE: BS: Seven miles down, BP hits 2nd giant
From: robomatic
Date: 02 Sep 09 - 11:11 PM

I'm actually not sure this is good news. On the other hand, the article I read made the point that the recoverable portion of the field is as yet undetermined. And it does not qualify as 'cheap' oil.

The best part of the news is that the find is not in the middle east.

Subject: RE: BS: Seven miles down, BP hits 2nd giant
From: Beer
Date: 02 Sep 09 - 11:12 PM

Well, I just farted and I guess it isn't worth very much.
ad.

Subject: RE: BS: Seven miles down, BP hits 2nd giant
From: Beer
Date: 02 Sep 09 - 11:13 PM

How true robomatic.
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Subject: RE: BS: Seven miles down, BP hits 2nd giant
From: Peace
Date: 02 Sep 09 - 11:15 PM

Thanks for sharing, Beer.

Now, get yourself a pair of these. Just in case. Understand?

Subject: RE: BS: Seven miles down, BP hits 2nd giant
From: Beer
Date: 02 Sep 09 - 11:24 PM

My grandson on the right and his best friend on the left getting ready on sharing some natural gas. Taken about three weeks ago on a little camping trip.
ad.

http://picasaweb.google.com/lh/photo/H57XTbRUMRCHyvcAdg4qYQ?authkey=Gv1sRgCPKkj4O2vt_0Cw&feat=directlink

Subject: RE: BS: Seven miles down, BP hits 2nd giant
From: Beer
Date: 02 Sep 09 - 11:24 PM

Damn it didn't work.
Will try again.

Subject: RE: BS: Seven miles down, BP hits 2nd giant
From: Beer
Date: 02 Sep 09 - 11:26 PM

Subject: RE: BS: Seven miles down, BP hits 2nd giant
From: Peace
Date: 02 Sep 09 - 11:26 PM

Beer's link.

Subject: RE: BS: Seven miles down, BP hits 2nd giant
From: Peace
Date: 02 Sep 09 - 11:27 PM

Gotcha covered, Ad.

Subject: RE: BS: Seven miles down, BP hits 2nd giant
From: Beer
Date: 02 Sep 09 - 11:28 PM

Here we go.

Subject: RE: BS: Seven miles down, BP hits 2nd giant
From: Beer
Date: 02 Sep 09 - 11:30 PM

Thanks Bruce. I give up. These two lads sure had fun trying very hard to create some natural gas.
ad.

Subject: RE: BS: Seven miles down, BP hits 2nd giant
From: Rapparee
Date: 03 Sep 09 - 09:32 AM

Is that why those pants are on the line in the background? From trying too hard? Or did Granpa demonstrate how to do it and got a bit carried away?

Subject: RE: BS: Seven miles down, BP hits 2nd giant
From: Beer
Date: 03 Sep 09 - 10:12 AM

hahahahaha! Good one Rapaire.
To close to the fire.
ad.

Subject: RE: BS: Seven miles down, BP hits 2nd giant
From: bubblyrat
Date: 03 Sep 09 - 10:24 AM

Does this mean that we in Britain no longer have to suck up to Col Gadffly, and would thus be entitled to insist on the return of you-know-who to finish his sentence ??

Subject: RE: BS: Seven miles down, BP hits 2nd giant
From: Amos
Date: 03 Sep 09 - 10:55 AM

You-know-who is about dead, BR. Not much blood left in the turnip.


A

Subject: RE: BS: Seven miles down, BP hits 2nd giant
From: Donuel
Date: 03 Sep 09 - 07:14 PM

2,500 miles down there might be uranium undergoing fission.

Subject: RE: BS: Seven miles down, BP hits 2nd giant
From: bobad
Date: 03 Sep 09 - 08:21 PM

Think I might go and do a little fission myself.