“Hard Lessons From the Great Algae Biofuel Bubble”

Guest post by David Middleton From 2005 to 2012, dozens of companies managed to extract hundreds of millions in cash from VCs in hopes of ultimately extracting fuel oil from algae. CEOs, entrepreneurs and investors were making huge claims about the promise of algae-based biofuels; the U.S. Department of Energy was also making big bets…

Clean Coal: Carbon Capture and Enhanced Oil Recovery

Guest post by David Middleton THE 240MWE FACILITY IS THE LARGEST POST-COMBUSTION CARBON CAPTURE PROJECT IN THE WORLD WASHINGTON, D.C. — Secretary of Energy Rick Perry took part in a ribbon-cutting ceremony today to mark the opening of Petra Nova, the world’s largest post-combustion carbon capture project, which was completed on-schedule and on-budget. The large-scale…

A Bureaucrat Says: “Market Argues Against Arctic Ocean Oil Development.” The Market Seems to Disagree.

Guest post by David Middleton From Real Clear Energy: Really? Firstly, how can reopening the Chukchi Sea and Beaufort Sea OCS areas to leasing be disrespectful to “market forces”?  Opening up an area to leasing doesn’t somehow impose an obligation on oil companies to bid on leases in those areas. Secondly, Royal Dutch Shell and ConocoPhillips…

Oil Derrick

Game Changer: Huge Alaskan Oil Find

Guest essay by Eric Worrall Oilprice.com has announced discovery of 1.2 billion barrels of oil on Alaska’s North Slope, which they expect will revitalise Alaska’s oil industry. Huge Oil Find Could Save Alaska’s Oil Sector By Nick Cunningham – Mar 10, 2017, 1:30 PM CST Spanish oil firm Repsol SA just announced the largest onshore oil discovery…

A TALE OF TWO SIGMOIDS

Guest essay by Todd “Ike” Kiefer, Captain, U.S. Navy (retired) Figure 1 – Symmetric Sigmoid (red) v. Classic Sigmoid (blue) This piece is a response to the excellent discussion begun by Andy May on 17 Feb. I am in firm agreement with the substance of his essay, but would like to expand and explore a…

Oil – Where did it come from?

Guest post by David Middleton Introduction I am a petroleum geologist/geophysicist with about 36 years of experience in oil & gas exploration mostly in the Gulf of Mexico.   In light of Andy May’s recent post, Oil – Will we run out?, I thought I might post an essay on oil formation. Over the past six years,…