Tag Archives: offshore

Giant oil field decline rates, peak oil, & reserves

Preface. Of the roughly 47,500 oil fields in the world, 507 of them, about 1%, are giant oil fields holding nearly two-thirds of all the oil that has ever been, or ever will be produced, with the largest 100 giants, … Continue reading

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Offshore wind turbines: Expensive, risky, and last just 15 years

Preface: The Department of Energy high wind penetration plans require a lot of offshore wind. But is it possible, affordable, or wise to do this? Corrosion leads to a short lifespan of just 15 years. To reduce maintenance, offshore windmills … Continue reading

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