« How Much of the Price of Oil is Due to Dollar Weakness? | Main | DiaTribal... »

May 26, 2011

Comments

Has the east texas oilfield completly watered out? I did a quick check on drilling info and it looks like there is zero oil production???

That is quite worrisome - I've seen firsthand what oil theft, or "bunkering" looks like in Nigeria. It ruins the country - corruption, pollution, and criminalism at its worst. I actually thought we were somewhat insulated from these things here in America. I'm not so blind as to think it doesn't happen, but 25-50% of condensate production? That's worse than our losses in Nigeria. I'm starting to think South Texas is resembling the Niger Delta a bit too much these days.

Of course, it doesn't do any good to identify a problem alone - one must always look to a solution. Yes, we need to secure our border, but that is not a final answer. If there is money to be made, the gangs / cartels will find a way. How can you provide enough economic opportunity to divert people from crime and towards an honest buck?

Guards are expensive. Video cameras are cheap. One person in an air-conditioned room can watch for the arrival of trucks near a camera-equipped condensate tank and then, write down the license plate, or speak into a microphone through a loudspeaker near the tank: "Boy, what the heck do you think your doin?"

If this does not work, there is an optional , remotely-triggered liquid oxygen spray system....

The comments to this entry are closed.

Drillinginfo Wireline

December 2011

Sun Mon Tue Wed Thu Fri Sat
        1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

Become a Fan