Is this possible?

David · Post by **David** » Fri May 16, 2014 3:15 pm

I recall in the seventies when a similar report started scare stories like this. In sort, the basis of the research was a collation of company accounts. Depending on the country and and accountancy practices, the 'known' reserves where quoted within normal accountancy time scales and were no reflection of the physical reserves at all.

tonyg · Post by **tonyg** » Fri May 16, 2014 3:26 pm

Rag_It wrote:Do you think this will suddenly happen to Aberdeen when the oil runs out!?

Not really - of the guys i know who work in the oil industry i doubt 20% actually work offshore in the North Sea.

Most of them work all over the world (Including Russia/China/Brazil and Australia), or on shore based operations.

rossybee · Post by **rossybee** » Fri May 16, 2014 9:09 pm

BBC article is bollocks.

What about the new fields they're finding?

Sanjøy · Post by **Sanjøy** » Wed Jan 06, 2016 2:29 pm

r10crw wrote:Why can they print such obvious crap?

Our biggest concern is production costs. One major player in the North sea and middle east has just published these figures and explains why they have cancelled 11 of 12 well for next year. Basically one barrel in the North sea costs $45 dollar s to produce as opposed to $7 in the middle east.

Their oil can t last forever so just means ours will be left for a while.

$35 today.

neil · Post by **neil** » Wed Jan 06, 2016 3:20 pm

Thanks... That's really cheered me up...

Post by **campbell** » Wed Jan 06, 2016 3:23 pm

Petrol AND diesel both avail in Pound Shops now tho. Result!

neil · Post by **neil** » Wed Jan 06, 2016 3:27 pm

Anyone want to buy a V6?

renmure · Post by **renmure** » Wed Jan 06, 2016 3:43 pm

neil wrote:Anyone want to buy a V6?

It's a good time to have 3 V8's and 2 V6's

rawsco · Post by **rawsco** » Wed Jan 06, 2016 4:02 pm

Oil price low, U.K. Production costs are high, importing is cheaper. Extrapolate that decline in local production to zero and I can see why some sh*t lying journalist can create a ludicrous headline.

Kinger · Post by **Kinger** » Wed Jan 06, 2016 5:10 pm

This guy said we've got nothing to worry about. Personally I'm worried about him being an Aberdeenshire MSP if he that far out out touch with reality.

http://www.bbc.co.uk/news/uk-scotland-s ... s-35241479

111Robin · Post by **111Robin** » Wed Jan 06, 2016 8:03 pm

Utter BS. I've been out of work 6 months now and no sign of getting back to what I've done for the past 26 years so perhaps it's time to get out of Aberdeen and start anew. Can't even get a "fill in" job as I'm either too highly qualified or its too obvious I don't really want a career delivering groceries so don't even get a look in. Had to laugh, when I was laid off as part of the cost cutting exercise they were spending money having Lego models of our subsea trees made and having engineers build them !!. Muppets the lot of them.

Dominic · Post by **Dominic** » Wed Jan 06, 2016 8:28 pm

Funny thing... SNP seem to have gone quiet with all their "we are rich with oil money " chat.

thinfourth · Post by **thinfourth** » Wed Jan 06, 2016 9:45 pm

111Robin wrote:Utter BS. I've been out of work 6 months now and no sign of getting back to what I've done for the past 26 years so perhaps it's time to get out of Aberdeen and start anew. Can't even get a "fill in" job as I'm either too highly qualified or its too obvious I don't really want a career delivering groceries so don't even get a look in. Had to laugh, when I was laid off as part of the cost cutting exercise they were spending money having Lego models of our subsea trees made and having engineers build them !!. Muppets the lot of them.

Masterflo chokes are looking for a subsea sales guy

Still looking at CVs

Some of which are engineers

Drop them a CV i am sure you can find the job in linkedin

Sanjøy · Post by **Sanjøy** » Wed Jan 06, 2016 9:47 pm

111Robin wrote:Utter BS. I've been out of work 6 months now and no sign of getting back to what I've done for the past 26 years so perhaps it's time to get out of Aberdeen and start anew. Can't even get a "fill in" job as I'm either too highly qualified or its too obvious I don't really want a career delivering groceries so don't even get a look in. Had to laugh, when I was laid off as part of the cost cutting exercise they were spending money having Lego models of our subsea trees made and having engineers build them !!. Muppets the lot of them.

Sorry to hear that, apologies if my post was insensitive.

S

r10crw · Post by **r10crw** » Wed Jan 06, 2016 9:48 pm

Mike gave me an interesting chat reference lack of exploration the other day. Cant remember the actual figures but something like currently we have a 35 million dollar shortfall daily which if continued means reserves or rather known reserves are depleted in only 2 years.
Hopefully he or someone in the know will be along shortly to explain better, seemed really interesting and concerning.

Scottish Elises

Is this possible?

Re: Is this possible?

Re: Is this possible?

Re: Is this possible?

Re: Is this possible?

Re: Is this possible?

Re: Is this possible?

Re: Is this possible?

Re: Is this possible?

Re: Is this possible?

Re: Is this possible?

Re: Is this possible?

Re: Is this possible?

Re: Is this possible?

Re: Is this possible?

Re: Is this possible?