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Archive for the ‘Offshore Energy – General’ Category

Previewing his speech at a New York City fundraiser last night, Obama said he wants to break “the pattern of being shocked at high prices and then, as prices go down, being lulled into a trance.”

“Let’s actually have a plan,” he said. “Let’s, yes, increase domestic oil production, but let’s also invest in solar and wind and geothermal and bio-fuels and let’s make our buildings more efficient and our cars more efficient.” USA Today

Encouraging.

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Secretary of the Interior Salazar will be hosting the “Ministerial Forum on Offshore Drilling Containment” on April 14, 2011, in Washington DC. Click for the draft agenda and additional information.

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Quebec and Ottawa have struck a “historic” deal to allow the province to draw oil and natural gas royalties from the disputed Old Harry area of the Gulf of St. Lawrence, says Quebec Premier Jean Charest.

…The new deal is expected to give Quebec 100 per cent of the royalties from offshore resources. CBC News

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from SeabedRig.com

Advances in drilling technology tend to be evolutionary, not revolutionary. Floating rigs, dynamic positioning, top-drive systems, measurement-while-drilling, automated rig floors, and other important advances were logical next steps, not radical makeovers.

Many of us have long been fascinated by the possibility of locating drilling equipment on the seafloor, particularly for deepwater wells. Why operate from a massive floating vessel that requires a sophisticated stationkeeping system and a long riser to connect to the wellhead? Why link surface personnel to seafloor risks? Why increase the complexity of balancing well pressures (without fracturing formations) by adding thousands of feet to the mud column? Why heave and roll on the surface when you can operate from the seafloor?

It’s not that easy, of course, and there are many questions and issues. While fully automated drilling systems are no longer a reach, what about reliability and repairs?  How will casing be set and cemented? How will downhole measurements be transmitted to the control center? Cuttings samples? Coring? Well testing? The list of challenges is daunting.

At least one company, Seabed Rig, is committed to developing and demonstrating seafloor drilling technology. Earlier this month, Seabed Rig reached agreement with NASA to create the first autonomous drilling rig. While a lot of work remains, Seabed Rig and other pioneering companies are applauded for their innovative thinking and willingness to challenge conventional practices and wisdom.

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  1. The Petrobras Cascade-Chinook project, which includes the first Floating Production Storage and Offloading (FPSO) facility in the Gulf of Mexico, received final approval.
  2. The US will be a major purchaser of Brazilian (Petrobras) deepwater oil production. Will some of the tankers pass through US offshore areas that are closed to exploration and production?

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I just sent someone an email commenting that demand for Australian LNG (and their offshore gas production) was about to soar, but it  looks like the Wall Street Journal is already on this story.

A global shift away from nuclear power in response to the atomic plant crisis unfolding in Japan will likely spur a scramble for Australian energy, catapulting the country ahead of Qatar as the world’s biggest supplier of liquefied natural gas in the near future.

[OZLNG]

More Asian gas demand: China has suspended the approval of new nuclear projects.

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Speakers list and link to live streaming

The Subcommittee on Energy and Power announces a multi-day hearing on “The American Energy Initiative.”  The first day of the hearing will be on Thursday, March 17, 2011, at 9:00 a.m. in 2123 Rayburn House Office Building.  It will focus on oil supplies, gasoline prices, and jobs in the Gulf of Mexico.

 

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2010-2011 Trend: Americans' Support for U.S. Offshore Drilling

Comments:

  1. The most remarkable figure is the 50% support for increased drilling during the Macondo blowout when oil was flowing into the Gulf live on national television
  2. The second most remarkable result is the very low percentage of people who have no opinion.
  3. The percentage in support would likely have been higher if they had not included the words “in US coastal areas” at the end of the question. Most new drilling would not be in what people think of as coastal areas, but far far from shore.

Other interesting Gallup findings:

  1. 49% of Americans support opening ANWR to exploration, a record high.
  2. The wisest Americans (i.e. those over 55 :)) are the strongest supporters (66% in favor).
  3. The youngest age group polled (18-34) also supports increased offshore drilling (52% in favor)
  4. A majority of both sexes support increased offshore drilling.
  5. Even in the East, where we are very comfortable consuming oil but not so keen on producing it, 49% of Americans support increased offshore production.
  6. 49% of Americans also support opening ANWR to exploration, a record high


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Undersea nuclear

I’ll hold my opinions about nuclear power until the crisis in Japan eases. Instead, I thought I’d check on the status of offshore nuclear plant proposals.

Nuclear powered submarines date back to 1954 when the USS Nautilus was launched, and offshore nuclear plant concepts are almost as old. No such facilities have been built, but French companies are studying a subsea nuclear plant concept (see picture), and Russia has launched a floating nuclear plant prototype.

Less than a month ago, the Ecologist provided an update on the French and Russian projects. These plans will no doubt receive much more public attention as a result of the tragedy in Japan, but the French concept is quite interesting.

Pros:

Cores would be protected by three barriers: fuel cladding, reactor vessel and hull. The designers argue that immersion in sea water would ensure an infinite natural means of passive cooling and permit inherent safety and security. In addition, each plant would also be protected against potential intruders. The French argue that a submerged power plant would be less vulnerable to earthquakes, tsunamis, or floods, and would be far less vulnerable to terrorist attack.

Cons:

Sceptics are concerned that warmer water released from the reactors could be dangerous for local ecosystem. And, should there be a nuclear accident ‘the sea will be destroyed,’ according to the President of Anti-nuclear organisation Crilan, based in Cherbourg. ‘The fierce warming-up of the water will cause a massive thermal shock that will destroy sea life.’

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Former President Bill Clinton said Friday that delays in offshore oil and gas drilling permits are “ridiculous” at a time when the economy is still rebuilding, according to attendees at the IHS CERAWeek conference. Politico.com

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