Stories tagged with "technology"
New Oil and Gas Technology Open Thread
Posted by Gail the Actuary on October 25, 2008 - 9:50am
Topic: Supply/Production
Tags: natural gas, oil, original, peak oil, technology [list all tags]
It gets depressing hearing about our financial problems every day. I am sure a lot of people would rather talk about oil and natural gas, and about better prospects for the future. Improved technology is one factor that might make future production better than the bleak future that most of us are foreseeing today. It might even reduce costs, so that more oil and gas can be produced at the lower prices we are seeing today.
What kinds of technology advances are you hearing about? Which ones really have promise? Which ones will not be hurt too badly by the financial crisis, and in fact, may help production in spite of the crisis?
To get people started, below the fold I quote paragraphs about technologies I have read about, mostly from articles in the Next Generation Oil & Gas Journal.
High-Tech Hitchhiking
Posted by Phil Hart on August 15, 2008 - 9:10am in The Oil Drum: Australia/New Zealand
Topic: Demand/Consumption
Tags: hitchhiking, original, technology [list all tags]
Have you ever stood at the bus stop watching hundreds of cars go by and wondered just how many of those cars are headed to the same place you want to go? Wouldn't it be great if you could just stick out your thumb and get a quick ride rather than waiting 10 minutes for the old bus?

How Technology Increases Oil Production
Posted by Phil Hart on July 17, 2008 - 9:00am in The Oil Drum: Australia/New Zealand
Topic: Supply/Production
Tags: eor, indonesia, oil companies, original, reserves, technology [list all tags]
How can you double something and still have ten times less than you started with?
| The answer to this question will help us reassess claims that advances in oil field technology will postpone the peak in global oil production. The question itself arises from a case study of Enhanced Oil Recovery in the Handil Oil Field in Indonesia. |

Our World Is Finite: Is This a Problem?
Posted by Prof. Goose on April 30, 2007 - 8:20am
Topic: Supply/Production
Tags: fresh water, natural gas, oil, peak oil, resource utilization, technology, topsoil [list all tags]
This is a guest post by Gail the Actuary.
We all know the world is finite. The number of atoms is finite, and these atoms combine to form a finite number of molecules. The mix of molecules may change over time, but in total, the number of molecules is also finite.
We also know that growth is central to our way of life. Businesses are expected to grow. Every day new businesses are formed and new products are developed. The world population is also growing, so all this adds up to a huge utilization of resources.
At some point, growth in resource utilization must collide with the fact that the world is finite. We have grown up thinking that the world is so large that limits will never be an issue. But now, we are starting to bump up against limits.
So, what are the earth's limits? Are we reaching them?
Of Technology and the Future
Posted by Heading Out on April 24, 2007 - 10:32am
Topic: Supply/Production
Tags: american petroleum institute, tar sands, technology [list all tags]
I was planning on writing a little more on technology, or rather the lack of development thereof, but thought I would begin by commenting on the Tar Sands issue a little more. I noted that in Robert’s post on the API call where he began the discussion with the note about the rivers around Fort McMurray turning brown due to the tar sands residue. Well one of the wonders of today’s technology is that you can check.
I had posted about this before, but this time thought to use modern technology. If you go to Google Earth and type in “Fort McMurray” it will give you an overview of the town in Alberta, and the mines can be found just to the North of it. Please note that the river running through the town, from the mines, is blue. Now I don’t think that Google spends their time painting in rivers – so I guess it really is (Well it is really clear, but you get my point). As I noted at the time the brown color occurs as the water from the sand/bitumen separator carries the sand to the tailings pond. Because the clean sand is brown when wet the water looks brown, until the sand settles out in the pond. You can see that the sand then dries to a whiter color, and the contained water in the main body of the pond is also blue. (It was also blue when I saw it on my visit). Once the hole dug to remove the oil sand has been filled in, then the cover will be replaced and it will return to normal, except that the rivers and streams won’t have a tarry bottom any longer.
As I saw, when going out to dinner last Saturday night, we are now entering High School Prom Season as this year’s graduates prepare to move on to jobs and college. It is this generation that will see the unfolding energy crisis in all its facets. While in college they will likely see Peak Oil; while working Peak Natural Gas, and, before they retire, Peak Coal. Which means that between those about to retire and these kids lies the brain power that is going to have to solve the reality of finding alternate sources of fuel at World-scale volumes.
Can we decide weather to be hopeful?
Posted by Heading Out on May 23, 2006 - 11:08pm
Topic: Miscellaneous
Tags: gulf of mexico, hurricanes, technology [list all tags]

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