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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: pbd007 who wrote (1312)	3/9/2001 10:31:02 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 23153

This was what really struck me as disturbing. ... The shelf accounts for four-fifths of total Gulf production. In the early 1990s, a typical well on the shelf produced about 15 billion cubic feet over a life of seven to 10 years, said Robert Esser, director of global oil and gas resources at Cambridge Energy. Now, wells yield about 10 billion cubic feet over two to three years. ... They're getting the gas quicker, but that means the depletion rates are skyrocketing. They are also getting a lot less from each well now. Translation: We need more wells, and we need even more wells.