Is this possible?

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tut
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Is this possible?

Post by tut » Fri May 16, 2014 9:09 am

Five years of oil left as opposed to the 20 years that they have been predicting?

http://www.bbc.co.uk/news/science-environment-27435624

tut

mxvx
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Re: Is this possible?

Post by mxvx » Fri May 16, 2014 9:17 am

No - absolute rubbish.

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Dave
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Re: Is this possible?

Post by Dave » Fri May 16, 2014 9:21 am

Well, currently within the Forties we think we have at least twenty years left and as drilling and recovery techniques improve I would expect that figure to increase.

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Re: Is this possible?

Post by mxvx » Fri May 16, 2014 9:22 am

Dave wrote:Well, currently within the Forties we think we have at least twenty years left and as drilling and recovery techniques improve I would expect that figure to increase.
Indeed
http://www.woodreview.co.uk/documents/U ... locked.pdf

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neil
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Re: Is this possible?

Post by neil » Fri May 16, 2014 9:23 am

Why do they print that crap? Far more than 5 years oil left and AFAIK we've got vast quantities of coal left, we just choose not to mine it as it's cheaper getting it from elsewhere
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Dominic
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Re: Is this possible?

Post by Dominic » Fri May 16, 2014 9:54 am

neil wrote:Why do they print that crap?
Suspect it's a politically motivated bit of "research".
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campbell
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Re: Is this possible?

Post by campbell » Fri May 16, 2014 11:30 am

Is there a referendum coming up or something. Sheesh...
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r10crw
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Re: Is this possible?

Post by r10crw » Fri May 16, 2014 11:46 am

Why can they print such obvious crap?

Our biggest concern is production costs. One major player in the North sea and middle east has just published these figures and explains why they have cancelled 11 of 12 well for next year. Basically one barrel in the North sea costs $45 dollar s to produce as opposed to $7 in the middle east.

Their oil can t last forever so just means ours will be left for a while.
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young_bairn
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Re: Is this possible?

Post by young_bairn » Fri May 16, 2014 12:05 pm

What a lot of rubbish. Again the 20 plat forms I have worked on had 15-20 years production in them without any intervention.

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Gourlay83
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Re: Is this possible?

Post by Gourlay83 » Fri May 16, 2014 12:54 pm

r10crw wrote:Basically one barrel in the North sea costs $45 dollar s to produce as opposed to $7 in the middle east.
Yep, keeping these old dogs producing oil requires a lot of investment nevermind keeping us lot in Sports Cars and fancy watches :D

Another 20years estimated left on the platforms i'm working on.

Alan
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martins
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Re: Is this possible?

Post by martins » Fri May 16, 2014 1:02 pm

The days when the BBC News was unbiased and 'proper' news is long gone. Commercialism and politics long ago started to influence news in the developed democracies worldwide. The BBC has to compete so have joined the bandwagon started by Rupert M and his cronies years ago. News is no longer news as it used to be. Anything and everything you now see or read has to be taken with a large pinch of salt. Companies are 'selling' news. They do not want to broaden your mind or make you more informed, they merely want you to read what they write or watch what they screen so you do not read of watch some other source, so the more shocking or 'out there' the news the more chance you will stay with them and not go elsewhere.

Like it or not, this is the world we now live in. 24 hour a day news makes the world a dumper, less enlightened place. More in this case is definately less.

George Orwell was right, it was just his timeframe was a little too short. 1984 is just around the corner :D

PS. I am sure there is a conspiracy theory out there this would fit in with.

PPS. Re news that is not really news, just have a look at some of the global warming / climate change articles for 15 - 20 years ago. That is when this type of poor news reporting really took off.....

PPS. Apologies for the rant and topic drift.....

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Rag_It
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Re: Is this possible?

Post by Rag_It » Fri May 16, 2014 1:03 pm

Do you think this will suddenly happen to Aberdeen when the oil runs out!?

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graeme
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Re: Is this possible?

Post by graeme » Fri May 16, 2014 1:13 pm

Says the man who works in a shipping container...

:D
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tut
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Re: Is this possible?

Post by tut » Fri May 16, 2014 1:42 pm

Dave, you did not ask my permission to post photos of Tut Towers. :D

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C7Steve
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Re: Is this possible?

Post by C7Steve » Fri May 16, 2014 2:08 pm

Rag_It wrote:Do you think this will suddenly happen to Aberdeen when the oil runs out!?
Hopefully there will be something for the future generations, but I remember reading a few years ago about Aberdeen's history regarding how it would survive once the granite and fish industries were finished.

Look at Glasgow and all the jobs that were lost on the Clyde, I am sure people back then thought that the area would be a ghost town after shipbuilding finished.


Steve.

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