Scientists Prove Hydrocarbons Are Abiogenic

Lost City Pumps Life-essential Chemicals At Rates Unseen At Typical Deep Ocean Hydrothermal Vents

ScienceDaily (Feb. 1, 2008) — Hydrocarbons -- molecules critical to life -- are being generated by the simple interaction of seawater with the rocks under the Lost City hydrothermal vent field in the mid-Atlantic Ocean.

Being able to produce building blocks of life makes Lost City-like vents even stronger contenders as places where life might have originated on Earth, according to Giora Proskurowski and Deborah Kelley, two authors of a paper in the Feb. 1 Science. Researchers have ruled out carbon from the biosphere as a component of the hydrocarbons in Lost City vent fluids.

Peak Oil Theorists are retarded.

The Lies Of Colin Campbell

Hydrogen is the most common element in the universe and carbon is the fourth most common element in the universe. One would think that these two elements are able to bond together all the time and are constantly binding together throughout the universe. Yet not according to so-called "Dr." Colin Campbell, British Petroleum's chief propagandist for the biogenic petroleum origin cult and it's "fossil" fuel myth. According to Colin Campbell hydrogen and carbon only bonded together twice in the history of Earth.

The bulk of the world's production comes from organic-rich deposits laid down in two exceptional epochs of extreme global warming 90 and 150 million years ago.

Indeed it would be strange if hydrogen and carbon only bonded twice in the Earth's history during periods of extreme global warming.

According to science there is a different reality than the myth perpetuated by British Petroleum. According to the modern theory, and more importantly empirical data, hydrocarbons are constantly being created.

Below the Gulf of Mexico, hydrocarbons flow upward through an intricate network of conduits and reservoirs. They start in thin layers of source rock and, from there, buoyantly rise to the surface. On their way up, the hydrocarbons collect in little rivulets, and create temporary pockets like rain filling a pond. Eventually most escape to the ocean. And, this is all happening now, not millions and millions of years ago, says Larry Cathles, a chemical geologist at Cornell University.

"We're dealing with this giant flow-through system where the hydrocarbons are generating now, moving through the overlying strata now, building the reservoirs now and spilling out into the ocean now," Cathles says.

He's bringing this new view of an active hydrocarbon cycle to industry, hoping it will lead to larger oil and gas discoveries. By matching the chemical signatures of the oil and gas with geologic models for the structures below the seafloor, petroleum geologists could tap into reserves larger than the North Sea, says Cathles, who presented his findings at the meeting of the American Chemical Society in New Orleans on March 27.

Also see Colin Campbell: Wrong Again.

The Lies Of Kenneth Deffeyes

Richard Heinberg speaks of an "oil window" that exists from 7,500 feet to 15,000 feet, below which, Heinberg claims, the hydrocarbon bonds of petroleum begin to break down and turn into natural gas. Every scientist and oil man in the world knows this is a lie. But where does Richard Heinberg get such a ridiculous idea?

None other than Kenneth Deffeyes of Hubbert's Peak fame.

In Beyond Oil: The View From Hubbert's Peak Deffeyes writes:

Burying the sediments, or the oil, deeper than 15,000 feet continues the molecular breaking until the remaining product has only one carbon atom per molecule. That gas, almost pure methane (CH4) is often referred to as "dry" natural gas. The limit of 15,000 feet is the bottom of the oil window. If you are looking for oil, you need organic-rich sediments that have been buried, at some point in their history, into but not deeper than the oil window.

This makes one wonder what kind of drugs Deffeyes is on. Transocean, the world's largest deep water offshore driller, regularly drills oil wells, not natural gas wells, twice as far below the "oil window" claimed by Deffeyes. And they are going deeper looking for oil, not natural gas.

Also see The Many Wrong Predictions of Ken Deffeyes.

The Lies Of Richard Heinberg

In the The Abiotic Oil "Controversy", Richard Heinberg states:

the temperatures at depths below about 15,000 feet are high enough (above 275 degrees F) to break hydrocarbon bonds. What remains after these molecular bonds are severed is methane, whose molecule contains only a single carbon atom. For petroleum geologists this is not just a matter of theory, but of repeated and sometimes costly experience: they speak of an oil “window” that exists from roughly 7,500 feet to 15,000 feet, within which temperatures are appropriate for oil formation; look far outside the window, and you will most likely come up with a dry hole or, at best, natural gas only.

That paragraph is simply wrong in so many ways it's hard to know where to begin. According to Transocean, they have succesfully drilled oil wells 30,189 feet true vertical depth below the mudline in over 4000 feet of water. This is far below the 15,000 foot limit claimed by Heinberg. And no Mr. Heinberg, hydrocarboon bonds do not break apart below 15,000 feet. That is a lie.

InfoGulf.Com via Offshore Mag: Exploration and Development Below 15,000 feet TVD.

For exploration greater than 15,000 ft TVD on the shelf during the period 2003-2005, 115 wellbores (45 in 2003, 41 in 2004, and 29 in 2005) were drilled by 35 operators.

Those wells were drilled at least 2 years ago. We are finding oil much deeper now.

Also see: The Lies of Kenneth Deffeyes.

The Peak Oil Hoax And My Conversion

It wasn't too long ago I actually thought the peak oil theory had merit. Now I realize it is a hoax just like biogenic petroleum origin, "fossil" fuels, and man-made carbon dioxide causing global warming are all hoaxes.

Mexico Will Run Out Of Oil In 9 Years

Analysts watch, wince as Mexico's oil supply dwindles.

"Mexico's oil production is in decline. There's probably no way to stop it," said Mike Rodgers, an expert at one of the top oil industry consulting firms, PFC Energy in Houston.

Mexico is the second largest supplier of oil to the United States (about 1.5-million barrels a day). But output from its major fields is dwindling fast, according to official figures from the state-owned oil giant Petroleos Mexicanos (Pemex). The country's known oil reserves will run out in nine years, the government says, potentially undermining the nation's oil-dependent budget.

Mexico's decline only adds more pressure to prices in a tight global oil market, which hit $83 a barrel Thursday. Worse still, its emptying wells are only a reflection of a global decline in aging oil fields around the world.

With no major oil fields left to discover, analysts say the world is approaching "peak oil," the moment at which oil production hits its maximum capacity and slowly starts to fall.

Mexican output peaked at just over 3.4-million barrels a day in 2004. "I don't believe we'll ever see it that high again, no matter how much is invested," said David Shields, an oil industry consultant in Mexico City.

Daily output at Mexico's biggest oil field, Cantarell, highlights the problem. Production there dropped by a staggering half a million barrels in the last 18 months, to 1.5-million barrels from 2-million. Once the world's second-biggest oil field, it is expected to continue losing production, down to as little as 600,000 barrels a day by 2013.

Keep It Simple

Getting Crude in All the Wrong Places

you may just conclude that our energy situation appears to be far more precarious than you'd previously thought.

As a result, I've repeatedly urged my Foolish friends to make certain that their portfolios contain a reasonable blend of energy names. I don't think you need to get too fancy here, perhaps beginning with the two big enchiladas in the production and oilfield service sectors, ExxonMobil (NYSE: XOM) and Schlumberger (NYSE: SLB). Beyond that, it might make sense to fill in with other solid names in the sector, such as natural gas growth story and Motley Fool Inside Value recommendation Chesapeake (NYSE: CHK) or deepwater drilling king Transocean (NYSE: RIG).

I prefer ConocoPhillips and ChevronTexaco over ExxonMobil just because they are cheaper. For the same reason I prefer Halliburton over Schlumberger. Of course Transocean is my favorite: indeed Transocean is the deepwater drilling king. Merger with GlobalSantaFe approved today.