[QUOTE]Originally posted by tatortodd:
You’re still confusing a drilling rig (time on site measured in months) and production equipment (time on site measured in decades). In drilling, one rig does it all. In production, you’re going to need 30,000 to 50,000 metric tons of processing modules.

One of my specialties is developing greenfield production units. For example, if you modularize a 4,300 metric ton 267 piece truckable it’s roughly 3,400 metric tons single unit that can be operational as fast as 6 weeks from day it hits beach. If you’re doing 30,000 to 50,000 metric tons of modules 60 tons at a time you’re not going to be competitive with fields doing in 2,500 to 10,000 metric tons at a time. Additionally, the big modules are being fabricated in a location with a lower hourly wage, higher productivity factor, and you’re not housing the fabrication crew in a man camp. Thousands of small modules have to push all of that interconnect work to a high hourly wage, low productivity factor location that is so remote you have to house and feed everyone in a man camp.

When you get away from the big modules your costs (steel, interconnects, etc) sky rocket. Additionally, since oil is fungible it’s competing against places like West Texas where you have 330 sunny days a year and have much lower cost from wellhead to refinery.[QUOTE]

Like I said I hear you and read your comments closely. I agree with you. I'm not confusing anything. That rig was just an example to your comments on roads and bridges. Thanks for your expertise. All I'm saying is if it's there and pencils outs, they'll get it out. BTDT.

[QUOTE]"While the economics of large North Slope prospects are routinely challenged by remote locations and a lack of infrastructure, Talitha and Pantheon's nearby Greater Alkaid project avoid those multibillion-dollar hurdles, Cheatham said.

"We are so advantaged because of our location, being able to be right there along the Dalton Highway," Cheatham said."[QUOTE]

They’re idling refineries due to low demand, bad time for this. Unless Trump stops the import of foreign crude.

https://www.google.com/amp/s/m...le/amp/idUSKCN21Q3J1

I'm pretty sure they told us back in the 1970's we'd be out of oil by now....

Since the turn of the century they have been prodicting the end of the oil reserve it going to be 20 years in the futre.

They are now prodicting that we will run out of oil in the 2040.

I predict we will stop needing oil before we run out.

You read it here first.

^^^^^ I believe you are right. Airplanes will probably be the last function to be weaned off fossile fuels.

flashguy