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OIL Officially found in TURKANA
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subzero
#231 Posted : Monday, May 07, 2012 6:28:16 PM
Rank: Member

Joined: 1/10/2008
Posts: 365
reuters wrote:

While it is yet to strike commercial deposits


With all that oil found, we are yet to find commercial viability?
What exactly are 'commercial deposits'
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murchr
#232 Posted : Monday, May 07, 2012 6:35:43 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
subzero wrote:
reuters wrote:

While it is yet to strike commercial deposits


With all that oil found, we are yet to find commercial viability?
What exactly are 'commercial deposits'


If the find is bigger than the one in Uganda and any other in EA....what do u think?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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a4architect.com
#233 Posted : Monday, May 07, 2012 6:44:10 PM
Rank: Veteran

Joined: 1/4/2010
Posts: 1,668
Location: nairobi
btw..oil seems very easy to mine..since it floats above water and is found in pressurized aquifiers, all they need is to run water inside for the oil to float above.
Am sure with a few years of trial and error, kenyan engineers can hack it..

..i think its like adding water into a soda bottle that has oil at the bottom..the more water you add, the more the oil level rises to the top..any geology engineers in the house to expound?
As Iron Sharpens Iron, So one Man Sharpens Another.
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murchr
#234 Posted : Monday, May 07, 2012 6:47:13 PM
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Joined: 2/26/2012
Posts: 15,980
a4architect.com wrote:
btw..oil seems very easy to mine..since it floats above water and is found in pressurized aquifiers, all they need is to run water inside for the oil to float above.
Am sure with a few years of trial and error, kenyan engineers can hack it..


What??? Some education here http://www.youtube.com/watch?v=QP2GejkLdwA
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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a4architect.com
#235 Posted : Monday, May 07, 2012 7:02:19 PM
Rank: Veteran

Joined: 1/4/2010
Posts: 1,668
Location: nairobi
Oil Drilling..

http://science.howstuffw...nergy/oil-drilling7.htm


Quote:
Extracting Oil

After the rig is removed, the crew puts a pump on the well head.

In the pump system, an electric motor drives a gear box that moves a lever. The lever pushes and pulls a polishing rod up and down. The polishing rod is attached to a sucker rod, which is attached to a pump. This system forces the pump up and down, creating a suction that draws oil up through the well.

In some cases, the oil may be too heavy to flow. In these cases, the crew drills a second hole into the reservoir and injects steam under pressure. The heat from the steam thins the oil in the reservoir, and the pressure helps push it up the well. This process is called enhanced oil recovery.
As Iron Sharpens Iron, So one Man Sharpens Another.
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Metasploit
#236 Posted : Monday, May 07, 2012 7:10:25 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
murchr wrote:
[quote=a4architect.com]btw..oil seems very easy to mine..since it floats above water and is found in pressurized aquifiers, all they need is to run water inside for the oil to float above.
Am sure with a few years of trial and error, kenyan engineers can hack it..


What??? Some education here http://www.youtube.com/watch?v=QP2GejkLdwA[/quote]

You are tooooo ambitious!!!!

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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murchr
#237 Posted : Monday, May 07, 2012 7:10:59 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
[quote=a4architect.com]Oil Drilling..

http://science.howstuffw...nergy/oil-drilling7.htm[/quote]

This is what is on the clip....
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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murchr
#238 Posted : Monday, May 07, 2012 7:22:13 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Metasploit wrote:
murchr wrote:
[quote=a4architect.com]btw..oil seems very easy to mine..since it floats above water and is found in pressurized aquifiers, all they need is to run water inside for the oil to float above.
Am sure with a few years of trial and error, kenyan engineers can hack it..


What??? Some education here http://www.youtube.com/watch?v=QP2GejkLdwA[/quote]

You are tooooo ambitious!!!!


Is that a crime?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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a4architect.com
#239 Posted : Monday, May 07, 2012 7:45:49 PM
Rank: Veteran

Joined: 1/4/2010
Posts: 1,668
Location: nairobi
More Power to You - How Oil Is Drilled, Transported And Refined To Gasoline

http://www.youtube.com/w...v98Zw&feature=fvwrel
As Iron Sharpens Iron, So one Man Sharpens Another.
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murchr
#240 Posted : Monday, May 07, 2012 7:53:30 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
[quote=a4architect.com]More Power to You - How Oil Is Drilled, Transported And Refined To Gasoline

http://www.youtube.com/w...98Zw&feature=fvwrel[/quote]

Architect this technology is none existent in this age tafuta one called the oil kingdom - its about Saudis Aramco
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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