July 10, 2007
Hubbert’s peak delayed again?
Ok, its been widely noted that Hubbert’s peak did not factor in technological advances.
Here is a good example. Composites.
In our generation we have moved from wooden tennis rackets, to carbon/composite rackets becoming the norm, with the wooden racket becoming a historic curiosity.
Those are consumer consumables, imagine the advances that are being made in commercial high-performance materials - like maybe those that are used for drilling in deep water.
Here is a bit of an article on some of the development of composity goodness that just may stave off “The Dreaded Peak Of Death”, for maybe a generation or two.
DeepFlex also has patented a lightweight catenary system, comprised of proprietary external weights in the touchdown area, which put tension in their extremely lightweight, high-pressure tubulars that hang from floating production vessels and service subsea installations in water as deep as 3,000m (9,843 ft).
I don’t know about you, but being able to drill in depths of about 3,000 meters sure sounds good to me!
U.S. Looks to Canada for More Oil - no kidding.
True to the lackluster journalistic nature of this blog, we can’t be bothered to sign up for a WSJ account. If anyone ever reads this blog post, could you take a peek at what they have in their article and maybe post a summary in the comments. Thanks!
