OIL! --But NOT-- IRAQ :-)

From: Spudboy100@aol.com
Date: Mon Mar 31 2003 - 23:48:24 MST

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    Ah, my extropian droogies. Let us viddy this paper that has the possibility
    of tolchoking our OPEC prestoopniks. (Why I am typing in teen-speak, I have
    no idea, since this is a serious article.) It is a horrorshow of an article
    that sends the red krovy, all rising in me vains. Ok, enuf Clockwork Orange
    shit. This article seems to kick the Hubert's Peak predictions regarding
    petroleum, in the cajones. Or at the least, forstalls a petroleum drought for
    a few years. Read on.

    http://www.sciencedaily.com/releases/2003/03/030331045435.htm

    Tens Of Billions Of Additional Barrels Of Oil Remain To Be Tapped Miles Below
    Gulf Of Mexico, Cornell Geologist Says
    NEW ORLEANS -- U.S. reliance on foreign oil production could be reduced by
    chemically mapping the subsurface streams of hydrocarbons, amounting to tens
    of
    billions of barrels, hidden well below the Gulf of Mexico, says a Cornell
    University geologist.

    These untapped oil and gas reserves can be found by matching hydrocarbon
    chemical signatures with geologic models for stratigraphic layers under the
    sea
    floor, says Lawrence M. Cathles, a professor of chemical geology at Cornell
    in
    Ithaca, N.Y. "The undiscovered gas and oil potential of the Gulf of Mexico is
    very large,"says Cathles. "We have produced only a small fraction, and the
    deep-water
    potential for finding more there is big. In terms of potential, it is bigger
    than the North Sea. It's about a big a deal as there is."

    Cathles will present his findings in a talk, "Massive Hydrocarbon Venting
    with
    Minor, Constantly Replenished (Flow-Through) Retention in a 100 x 200 km Area
    Offshore Louisiana Gulf of Mexico," at the 225th national meeting of the
    American Chemical Society in New Orleans at 1:30 p.m. CST on March 27.
    The northern Gulf of Mexico basin is one of the world's most active areas of
    hydrocarbon exploration. A study of an area of about 9,500 square miles,
    found
    that hydrocarbons currently are being naturally generated from strata
    deposited
    during the Tertiary and Jurassic periods, miles below the sea floor.

    Hydrocarbons are leaking through natural vents at hundreds of locations, and
    these vent sites have been visited and studied by Cathles and other
    researchers
    using small submarines. What makes this area offshore of Louisiana important
    is
    the presence of two types of hydrocarbon deep below the gulf floor: the
    deeper,
    early-maturing Jurassic and the later-maturing Tertiary. Each has a
    distinctive
    chemistry. As these sources mature, the hydrocarbons migrate upward toward
    the
    surface through what can be thought of as a myriad of small streams and
    ponds,
    much like a natural water system. Just how much liquid hydrocarbon is
    retained
    within this subsurface network is a matter of crucial interest, Cathles says.

    More than 70 percent of the hydrocarbons that have been naturally generated
    have
    made their way upward through the vast network of streams and ponds and
    vented
    into the ocean. The hydrocarbons are digested by bacteria, which then become
    food for the gulf's marine life. The earlier-generated, sulfur-rich,
    carbonate-sourced Jurassic hydrocarbons are replaced by the shallower,
    later-generated, shale-sourced Tertiary hydrocarbons which fill the producing
    reservoirs in the northern part of the study area. This displacement of
    Jurassic
    by Tertiary oil provides geologists with a measure of the remaining untapped
    oil
    and gas below the gulf's floor.

    The hydrocarbons hidden within the subsurface ponds and streams are about 8
    to
    10 percent of the Gulf of Mexico's total hydrocarbons. In the study area this
    represents about 60 billion barrels of oil and 370 trillion cubic feet of gas
    and is the hydrocarbon that could be extracted, Cathles says. (The remaining
    hydrocarbons, about 20 percent, stay stored in the source strata.)
    Cathles says that the telltale chemistry of the hydrocarbons reflects the
    streams and ponds through which they migrated, and thus could point to the
    ponds
    that remain to be discovered and produced.

    Ultimately he hopes that looking at the hydrocarbon chemistry in this new way
    could provide geologists with accurate information on the presence and size
    of the deeper reservoirs. He says: "By combining chemical data from currently
    producing reservoirs with seismic images of the subsurface using computer
    migration models, drilling for new deep reservoirs can be facilitated."
    Funding for the research was provided by the Gas Research Institute in a
    joint
    project with the Woods Hole Oceanographic Institution



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