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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Roebear who wrote (46448)	6/15/1999 12:02:00 PM
From: Big Dog	Read Replies (2) \| Respond to of 95453

Makes you want to buy some oil futures don't it? Anyone know of some LEAPS (or similar) that would carry out to early 2000? Might not be a bad buy...regardless of Y2K. If the scenarios come to pass, this will be a very popular SI board! big atoffshore.com

To: Roebear who wrote (46448)	6/15/1999 1:52:00 PM
From: Ken Robbins	Read Replies (2) \| Respond to of 95453

Re: Y2K poster on another forum. Regarding "embedded chip systems" located in "off-shore oil wells with depths of several thousand feet under sea", I would just ask a couple of simple questions. If these embedded chips exist downhole, how is the electric power they need to operate supplied? If they exist and get power, what do they control? There is not much going on downhole except well bore fluids flowing from the formation through perforations in the wall of the production casing and up the tubing to the wellhead. I doubt if even the most modern the wellhead equipment contains embedded controllers much less any that know the year. Here is a site the shows on of the latest wellhead assemblies from Cooper Cameron. I don't see any imbedded electronics. You might ask them. camerondiv.com In the absence of suitable answers to these questions, I think you have to conclude this poster has not a clue about what he is writing and is just a scare monger.