A High-Risk Barrel

This film looks at the problems posed by dwindling global oil supplies
What are oil companies doing as oil becomes harder to find? Features Colin Campbell.

by Emmanuel Amara

[imrandabbang]

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[minjgjp]

I have a Organic Chemistry book from 1973 and in that book there was an idea to convert biomass into oil by using CO gas and heating it to 380 C under pressure of 1200PSI you could make 3 barrels of light crude per tonne of biomass . At the time it was expensive to do but the idea will come back .

[tabc]

In the future we will look back on this time with disgust. Oil had the ability to be made into so many different things, but we just burn it.

[turboslag]

Back in the mid 70s my father worked in an associated industry that supplied the oil exploration industry. He visited his customers in Aberdeen on a regular basis and met all sorts of people working in oil. On one occasion he had dinner with a group of people, including major US oil execs and had a long conversation with one guy over drinks. They got to discussing how long oil would last and this guy said, you and I and your children and their children need not worry, their are known oil reserves for at least 100 years, and new fields are being explored that could see another 50 years as well. I don't no any other details on that guy and my father is no longer with us so I can't ask him, so whether it is fact or if he was spouting bull we'll never know, interesting though.

[IOSARBX]

Best Documentary, you're a rising star on YouTube

[The-truth-is-valuable.]

If oil never loses its lubricating properties, but needs to be "cleaned" to be used again (and the "clever" people" says the quality is 100% the same...) then what happens to the majority of the BILLONS of USED liters of oil? - The used and recycled oil should have been (by now) made up the majority, or a major quantity of the required quantity?

[Vpa-zf]

Jeder Mensch sollte dieser Film anschauen und nachdenken!

[BigLama]

Peak oil of conventional oil occurred in 2008 and generated the financial crisis of 2008. People saw the problem but nothing was done. Since 2008, oil world consumption is ensured by tight oil and oil sands.

[nortiero]

The guy at 25:00 wants everybody else to tell how much oil they have, yet they don't mention western reserves, captured fields and prospects. Curious inversion of roles here. He's playing the game of oil companies, by being harbringer of doom.

[mrlucasftw]

All of these points are broadly correct - although all of these clips look 20 + years old.

[franciscoalberto]

Excelente documental. Me gustó mucho verlo

[SheenDelute-bz]

sea oil and gas station the boat ships from different country possible to USA will be clients I donot know because I'm to young to understand at all.

[hamentaschen]

"I'm gonna go get the papers, get the papers."

[percival]

They SAY that the resourse is finite, yet continually find new sourse. How very convenient...

[dongrandmaster]

South Gawar in Saudi suffered during early drop in production but Saudi invested heavily the in only oil and control extraction technology (pumping salt water inside the field to increase pressure) which restore the daily production.

At the same time Saudi developed the gigantic field in the empty quarter. The field is massive and is believed to extend across the boarder inside UAE and Oman.

In Kuwait Chevron completed a steam injection system on Al wafra oil field which dropped in 1990s to less than 10, 000 bpd. Now the production is ramping to half million bpd. The success is encouraging Kuwait to install steam injection on Burgan north to restore production levels.

Beside that new discoveries in North Kuwait is very sizable of high quality sweet crude.

Then we come to the what is believed the biggest field in the world: Rumalah in Iraq. I heard it from BP engineer, they have evidents that this field extend from north east Syria all the way to west of Iraq and Jordan until it reach to the current developed reserves in Iraq. This explain why US insist on holding to Al Omer fields in Syria and continue fight war against ISIS who is now a small group of fighters roaming desert and posses no strategic threat.

The depleting oil is a myth as there are many areas in Africa yet to be explored, fields to be developed in Yemen and east Mediterranean.

[tuscanyjc]

Oil reserves are being replaced at about $1 a barrel FYI

[Tonio.]

C'est à cause des les bateaux qu'on consomme beaucoup trop de carburant les bateaux les paquebots c'est énorme ce qui consomme

[tt]

finalement ce vieux documentaire était bien pessimiste, en 2024 le pétrole conventionnel ou non coule toujours dans les canalisations de notre civilisation. Il est plus cher mais on s'adapte progressivement

[SheenDelute-bz]

the techniques have wrong extract the oil to the storage boat or ship then deliver to oil factory to refine that is the right because the ocean is infinite resources of oil and gas.

[bothewolf]

Paid dividends represent lost opportunity? Lol, just seize all means, Mr "Scientist" to apply you economic policy. You're a politician at that point.