Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (134704)	6/12/2010 2:10:41 PM
From: Broken_Clock	1 Recommendation Respond to of 206200

Would the lies also include estimates by the government that turn out to be lower than whatever the actual number turns out to be? === When their(our) own scientists charges with estimating the flow give much higher numbers? as in NOAA? Yup. ......... and apparently matt Simmons is not the only one concerned about a catastrophic failure event washingtonsblog.com Yesterday, recently-retired Shell Oil President John Hofmeister said that the well casing below the sea floor may have been compromised: [Question] What are the chances that the well casing below the sea floor has been compromised, and that gas and oil are coming up the outside of the well casing, eroding the surrounding soft rock. Could this lead to a catastrophic geological failure, unstoppable even by the relief wells? John Hofmeister: This is what some people fear has occurred. It is also why the "top kill" process was halted. If the casing is compromised the well is that much more difficult to shut down, including the risk that the relief wells may not be enough. If the relief wells do not result in stopping the flow, the next and drastic step is to implode the well on top of itself, which carries other risks as well.

To: Bearcatbob who wrote (134704)	6/12/2010 2:45:08 PM
From: ChanceIs	Respond to of 206200

Notable gushers - per Wiki (you would figure that the press would have aired stuff like this): The Lucas Gusher at Spindletop in Beaumont, Texas in 1901 flowed at 100,000 barrels (16 000 m³) per day at its peak, but soon slowed and was capped within nine days. The well tripled U.S. oil production overnight and marked the start of the Texas oil industry.[6] Masjed Soleiman, Iran in 1908 marked the first major oil strike recorded in the Middle East.[7] The Lakeview Gusher on the Midway-Sunset Oil Field in Kern County, California of 1910 is believed to be the largest-ever U.S. gusher. At its peak, more than 100,000 barrels (16 000 m³) of oil per day flowed out, reaching as high as 200 feet (60 m) in the air. It remained uncapped for 18 months, spilling over nine million barrels (378 million gallons/1.4 million m³) of oil, less than half of which was recovered.[2] A short-lived gusher at Alamitos #1 in Signal Hill, California in 1921 marked the discovery of the Long Beach Oil Field, one of the most productive oil fields in the world.[8] The Barroso 2 well in Cabimas, Venezuela in December 1922 flowed at around 100,000 barrels (16 000 m³) per day for nine days, plus a large amount of natural gas.[9] Baba Gurgur near Kirkuk, Iraq, an oilfield known since antiquity, erupted at a rate of 95,000 barrels (15 000 m³) a day in 1927.[10] The Wild Mary Sudik gusher in Oklahoma City, Oklahoma in 1930 flowed at a rate of 72,000 barrels (11 500 m³) per day.[11] The Daisy Bradford gusher in 1930 marked the discovery of the East Texas Oil Field, the largest oilfield in the contiguous United States.[12] The largest known 'wildcat' oil gusher blew near Qom, Iran on August 26, 1956. The uncontrolled oil gushed to a height of 52 m (170 ft), at a rate of 120,000 barrels per day. The gusher was closed after 90 days' work by Bagher Mostofi and Myron Kinley (USA).[13].