Well could become the nation's biggest new domestic source of oil, according to newspaper report.
September 5 2006: 10:37 AM EDT
NEW YORK (Reuters) -- Chevron Corp. said Tuesday it had successfully drilled for oil in the Gulf of Mexico's deep waters, in what could be one of the most significant finds for the domestic oil industry in a generation.
The successful well, known as Jack 2, reached a record total depth of 28,175 feet, coming in 7,000 feet of water, and more than 20,000 feet under the sea floor. Analysts said the find suggested the success of that drilling may mean more oil than previously believed is available under the Gulf of Mexico, a region that already provides a quarter of U.S. output.
One published report suggested the breakthrough could increase U.S. oil reserves by as much as 50 percent.
The only way these platforms will be sustainable is if they manage to either hurricane-proof them, or suck it up and actually make them completely underwater.
"There is at least as much need to curb the cruel greed and arrogance of part of the world of capital, to curb the cruel greed and violence of part of the world of labor, as to check a cruel and unhealthy militarism in international relationships." -Theodore Roosevelt
masteen wrote:The only way these platforms will be sustainable is if they manage to either hurricane-proof them, or suck it up and actually make them completely underwater.
What if we made sharks super smart and had the sharks operate these underwater facilities?!
masteen wrote:The only way these platforms will be sustainable is if they manage to either hurricane-proof them, or suck it up and actually make them completely underwater.
What if we made sharks super smart and had the sharks operate these underwater facilities?!
masteen wrote:The only way these platforms will be sustainable is if they manage to either hurricane-proof them, or suck it up and actually make them completely underwater.
What if we made sharks super smart and had the sharks operate these underwater facilities?!
The lasers would short out at that depth!
Laserspewpewpewpew~!
Sargeras Gudluvin - R.I.P. old friend - January 9, 2005
masteen wrote:The only way these platforms will be sustainable is if they manage to either hurricane-proof them, or suck it up and actually make them completely underwater.
And take away a perfectly good excuse for them to jack up the prices of gas more? No way!