How Offshore Oil Rigs Work

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Animation by Josh Sherrington
Thumbnail by Simon Buckmaster

Select footage courtesy the AP Archive

References:
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Barrel of oil price: less than 0$
Wendover: Perfect timing for a video.

Lugia_Blizz
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Watching this while buying some barrels at Dollar Tree right now

preposterouspademelon
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Wendover Productions:- How Oil rigs produce oil.
Oil Producers:- We don't do that here (anymore).

curiouszebra
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This video should really be re-titled to something like "The profitability of offshore oil rigs" as I learned quite little about how offshore oilrigs actually function

sckanis
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Love your work, Sam.

Wanted to mention that the newly opened "Johan Sverdrup" offshore rig in Norway operates with a balanceprice less than 20 dollars per barrel. That's with all expenses taken into consideration. Productcost is less than 2 dollars per barrel(!) This means they still make money even with the low prices we have right now 👍

henrik
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7:32 - "at the time of writing, in April, oil prices are hovering around $20 per barrel"

oh how things change between finishing a video and uploading it

SatansBestBuddy
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Internet: "Now, how is he going to make it about pla..."
Sam: "Helicopters!"

thamadflava
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Can someone explain to me why the term “Airplane” is not in the title?

AidanJ___
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I’m expecting American liberation of Wendover any moment now

SupremeLeaderKimJong-un
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“This is actually one of the largest commercial applications of helicopters”
I knew he’d be able to connect this to aviation somehow 👍

psychlops
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You know something is really bad when Wendover produces yet another vid unrelated to aerospace industries

yjs
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“The global petroleum industry lives and dies by the price of oil”

*you don’t say*

Tank_
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RIP to wendover’s content farm called ‘Aviation’.

themaus
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It’s so much more enjoyable when the end of the video doesn’t transition into an advert. It makes the conclusion feel more genuine.

Rory_Perkins
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These places will become really popular once the zombie apocalypse hits.

ravenlord
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russia: no!!! you can't just reduce the price of oil by increasing production

saudi arabia: haha oil pipeline go

swumbles
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In the last 24 hours oil prices turned negative and Kim-Jong Un was admitted to hospital. In the last six hours, real life lore uploaded a video about a united Korea and you realised a video about oil.


Is there something you would like to tell us?

andrewarmstrong
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Love you work! Eagerly wait for you videos. You work is so precise and straight that one just can't leave it even for a second. Can't thank you enough for the efforts you put in bring all of this together! I would to thank you from the bottom of my heart! Thank You so much Sam ❤️

iamraghavkochhar
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Any developing country: *has oil*

USA: *We're gonna help you out !*

TonyStark-mpzv
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video ideas:
logistics of cruise ships
logistics of the olympics
logistics of a car rental company
logistics of a fire station etc

varunshinde