Senior Acquisition Landman for Big Solar. Formerly Oil & Gas. Believer in All-the-Above energy solution. Lots of tweets on CO sports. Col St & U of OK Alum
Sad news for anyone from Oklahoma City. The Working Man's friend has passed away. He actually worked the floor of his business and was not just a celebrity. https://t.co/7N0JAHhm9J
Like magic. Also like oil is possibly a renewable resource that comes from the hot earth's core. (well natural gas is and oil is possibly from from microbes and pressure)
Operators returning to old ‘dry’ oil wells often find the black gold has returned—like magic.
The explanation is that drilling recovers only about 30–40% of the oil that is actually there. That means 60% to 70% of the oil is being left behind in the rocks.
This residual oil was already there, and some of it is later recovered through workovers, re-perforation, pressure support, steam, CO₂ or chemical injection. Higher prices or improved technology often make low-rate production economic again.
So how big are the world’s known and unknown oil reserves? Are they vastly larger than the official figures shown below?
* Proven oil reserves of about 1.65–1.7 trillion barrels — enough for roughly 50 years at today’s consumption.
* Proven coal reserves are approximately 1.06 trillion tonnes — enough for roughly 130 years.
* Proven natural gas reserves of around 7,300 trillion cubic feet — enough for well over a century in many estimates.
What does this mean for the costly global transition to wind and solar energy? The $275 trillion figure comes from a McKinsey Global estimate of cumulative spending on physical assets for a net-zero pathway (roughly 2021–2050).
The mystery in all this isn’t just about ‘endless oil’ or even its imminent exhaustion.
It’s that we don’t know.
Utilities are increasingly looking to BESS, both as standalone projects and paired with renewable generation. And the finances are getting better and more more competitive. This aligns with what I'm seeing on the ground.
https://t.co/vnXxhcVvbr
Colorado ranked #1 for education by US News & #17 in their Overall Best State. Oklahoma, #47 in education and #36 overall.
Education is an investment in the future. Way to go Colorado! Thank you @GovofCO
https://t.co/Q0b86Lu4iA
@DNVR_Rockies@WillSammon@Ken_Rosenthal The key of course is getting a good return. Rox historically get nothing back there ever reach the bigs. McCarthy is controlled for two more seasons he would be part of my core, along with Goodman, Rumfield, Carrigg, Condon Dollander, Hughes & maybe Karros.
From @CBSJoeWeather. This picture is of the Ferris Fire outside of Dolores Colorado. Those panels are the Dolores Solar project that we just got built and online last year. I did several of the option agreements on this one.
Ash Wednesday blessings! Start of Lent. I haven't been too observant the last few years but this year I'm going to.
Now "Fat Tuesday" is cultural appropriation, as I'm fat all year and not just one day of the year!
@FBTpod@CBSScottWhite@CPTowers@Roto_Frank After watching the show, I wonder what format you and the other hosts play mostly and enjoy the most? I play Yahoo public pay weekly H2H cats, daily moves, which you all said you hate.