Scientists Discover (Biggest Ever) Oilfield off U.S. coast

[Xmuzik]

http://www.newtechspy.com/articles06/oildiscovery.html

Scientists Discover (Biggest Ever) Oil field off U.S. coast....Scientists from the University of Cornell have discovered a massive amount of Oil off the coast of Louisiana.The find is some 60 billion barrels or 3 Times more than current US recoverable Oil of 20 Billion barrels, and would bring US total reserves to 80 billion barrels which is on par with Venezuela. In comparison to other finds around the world, this is twice the size of all Oil ever found in the North Sea and 6 times larger than the estimates of the Alaskan ANWR oil deposits.
....The area is about 10,000 sq. miles in size, and was found under layers of salt dooms by a new method of oil discovery known as “gas washing” . A process in which geologist are able to track the movement of oil deposits by the way they interact with the flow of natural gas. This method helps scientists to make extremely accurate 3D-seismic maps of deep underground oil deposits and mitigate the risk involved in drilling such deep under sea wells.
....The information was gathered from source rocks deep below the sea and was discovered by a team lead by Larry Cathles, a chemical geologist from Cornell and funded by a grant from Chevron. Efforts are now underway to rush more equipment into the area and conduct more tests, but because of the devastation left by the hurricanes Katrina and Rita there is a critical shortage of equipment and manpower to do the kind of recovery work needed to bring the oil to the surface.
.... Estimates now range from 1 to 2 years before oil can be pumped from the find area

[Deff Gordon]

Yeah!!! WE ARE ALL SAVED!!! WOOT WOOT!

[Xmuzik]

no doubt ..... now i gotta get 2 hummers so i can drive em' like roller skates

[Silver]

Originally Posted by Xmuzik

no doubt ..... now i gotta get 2 hummers so i can drive em' like roller skates

*snicker*

nice!!

lol

[R_TYPE]

sweet...now Exxon can rape us for a few more years.

[zerojunkie]

Got any other links to the story?

[Kyle Everett]

Originally Posted by zerojunkie

Got any other links to the story?

I was about to ask the same question... I would think this would be a national headline by now... Interesting.

[Edwin Watson]

http://www.sciencedaily.com/releases...0331045435.htm

http://www.agiweb.org/geotimes/june03/NN_gulf.html

[Dionysos]

Originally Posted by Edwin Watson

http://www.sciencedaily.com/releases...0331045435.htm

http://www.agiweb.org/geotimes/june03/NN_gulf.html

That's why, the articles are from 2003.

[Nyteshade]

My question would be, what would this do to the land area of Louisiana? I remember reading something a while ago about the state sinking due to the oil drilling.

[Edwin Watson]

Originally Posted by Dionysos

That's why, the articles are from 2003.

yep

[Edwin Watson]

Originally Posted by Nyteshade

My question would be, what would this do to the land area of Louisiana? I remember reading something a while ago about the state sinking due to the oil drilling.

no, the state is shrinking because of the channeling of the Mississippi. Because we are diverting its natural flow, the sedimentary deposit rate has diminished significantly and the ocean is wearing down the barrier islands and the coast line of LA faster than the Miss is building it up now.

[Nyteshade]

I remember that being a part of that too now that you mention it. I could have sworn they said something about how when the oil is pumped out, the soil slides in to take its place and some of the coast slides with it.

[Hey Bubu]

Weeeeeeeeeeeeeeee