shale gas

Argentina’s Huge Vaca Muerta Oil and Shale Gas Reservoir Gets Accelerated Development

News Analysis: The huge 30,000 Km2 (12,000 Mi2) Formation has its Shale at a depth of 2,900+/- Meters (9,500 Feet) with an average thickness of 400 Meters (1,300 Feet) covering the entire area. Now, Argentina’s Huge Vaca Muerta Oil and Shale Gas Reservoir Gets Accelerated Development  with an American Oil Company joining an Argentine Concern.

The American Government estimates Hydrocarbons subject to recovery are 16.2 Billion Barrels of Oil and 308 Trillion Cubic Feet of Natural Gas.

Investors who finance such a project as the Vaca Muerta can win substantial monetary returns on a “Sure Thing” as it eventually goes into Production Increase.

The question many Geologists ask: How many other large Shale Oil/Gas Reservoirs are there: besides, the Vaca Muerta; the Orinoco Basin in Venezuela; and the Bakken Field in North Dakota, U.S.A.; and of course the biggest of all, the Bazhenov Formation in the Urals area of Russia.

Beyond being ‘Fashionable’ for being renewable and lower polluting, Alternative Energy Sources OF EARTH are presently Quantitatively Minuscule (a relative Scintilla) compared to available Energy from Vast Petrochemical ‘Reservoirs’ as aforementioned.

Perhaps the “Marketing Capacity (‘Hype’)” of those who promote Alternative Energy Sources is more Productive than the Actual Energy available from those entities NOW; and less of the Petrochemicals to which they remonstrate.

To the Chemical Engineers and Physicists who desire to “Think Outside The Box” regarding this General “Power” Subject, We suggest the “Non-Polluting” ‘Energy Potential’ conjoined with the HUMONGOUS  ‘Quantitative Source Availability” in Sea Water.

Reality.

Reference: http://www.buenosairesherald.com/article/156684/chevron-ypf-boost-spending-to-develop-argentine-shale

Oil Shale Deposit, Bazhenov Formation (World’s Largest), Interests France’s “Total”

News Analysis: The World Famous Oil Shale Deposit, Bazhenov Formation (World’s Largest), interests France’s “Total” as well as many other Oil Companies. This Russian Oil Shale Deposit in the Urals is estimated by the U.S. Energy Department to contain Shale Oil in-place of 1.2+ TRILLION Barrels Of Oil. It is also estimated to have recoverable deposits of 74+ BILLION Barrels of Shale Oil.

As for Shale Gas in-place 1.9 QUADRILLION CUBIC FEET is estimated. 285 Trillion Cubic Feet of recoverable Shale Gas may occur.

The Bazhenov Formation exists on 2.3 Million Km2 (888,035 Mi2); an area the size of Texas and the entire Gulf of Mexico!

Estimates by other Countries’ Governmental and Corporate Scientists put the Recoverable amounts considerably higher than U.S. Estimates. That the Oil Shale Deposit, Bazhenov Formation (World’s Largest), interests France’s “Total” should come at no surprise. French Scientists going back to years even before Madame Curie have had great intellect allowing them to comprehend issues others did not even know existed; such is the genius of the French.

As we have stated over the many years: “Petrochemicals are merely part of  Natural Processes all over the Earth”. Special Interest Groups want the Public to think otherwise (so they can ‘Make a Buck).

Reality.

Reference: http://rt.com/business/total-lukoil-russia-shale-829/

China Estimated with 36.8 Trillion Cubic Meters of Shale Gas

News Analysis: China Estimated With 36.8 Trillion Cubic Meters Of Shale Gas will help defuse soaring Gas Energy Costs, due to Demand, by Increasing Supply. It is estimated by some, to have the World’s Largest Deposits of Shale Gas. As China increases its  Prowess in ‘Fracking” Technology, more gas will be produced through this means.

Some people say: As more Energy Resources are discovered Everywhere in the World, perhaps its Citizens will realize that Petrochemical Formation is a “Natural Earth Process Occurring Over the Millennia”.

Often opined is: The “Scarcity of Supply” Mantra ‘Only benefits those who sell Petrochemical Products to Anxious Customers who believe such Drivel’. Commodity Traders sometimes make more money per barrel than those who actually produced the oil by drilling. Fantasies like ‘$200.00 a barrel” for oil are told to airlines, to sell more “lightweight” aircraft. A future with “$15.00 a Gallon ‘US’ gasoline” which was touted to the public to help sell  smaller cars with four and six cylinder engines, never materialized.

The Morality of the Marketing to the Masses is not very high. Reality.

Reference: http://www.scmp.com/business/commodities/article/1364705/spt-turns-bullish-shale-gas-outlook

The Epistemology of Evolving Mega-Business Relationships Amongst Countries

Today, there are economic forces at work which are forcing governments  to re-think their past business relationships amongst other countries so that they prosper in tomorrow’s markets.

For example. the potential for economic gain due to newly discovered economic quantities of natural gas and oil, located from Cyprus to the Levant, brings Israel closer to its Mediterranean neighbor Cyprus. With the potential to drill for and recover oil and gas and have it processed on a to-be-built refinery of Cyprus, adds value to the asset side of the ledger of both countries. This economic relationship did not exist in the year 2,000.

The expansion of the relationship between Russia and China in oil and gas recovery in Siberia also allows both countries to prosper. The added-value to Russia, by recovering earthbound assets and turning them in to products for sale, is gigantic. Here, the good will historically embraced by both Giants is further enhanced with economic cooperation.

Another example of a future enhancement to manufacturing production will be the meteorite enhanced super-strong diamonds of Siberia. Machine tool makers in Germany and Sweden will surely want to add value to their aerospace grade cutting tools by acquiring these diamonds to add to their fabrications. The tools will then easily slice through Titanium and other alloys use in aircraft production. As this relationship further develops, Germany, Sweden, and Russia benefit.

In Canada, oil shale is being produced which, when proper transportation can be secured, will aid China and Canada in their mutual growth.

Advanced in horticulture, by European laboratories, will allow Chilean roses to be shipped to America in even fresher form than they are presently. This assists American/Chilean relationships as well as European governments.

Mining of rare earths in Mountain Pass, California, due to increased investment by entrepreneurs, will help electronics manufacturers in Brazil and Malaysia to be more profitable. This helps the governments of the three countries to have good dialogue. Commercial prosperity can triumph over political guffaws.

The governments which allow for their citizens to engage in international commerce today,  will benefit superbly in tomorrow’s reality of increased profitability through a higher Gross Product.