Like the illusion of Wall Street, with its vast and powerful investment banks, now shuttered, China too is an illusion perpetuated by the Globalists that gave us the 15,000 mile Caesar salad, poisoned cat food and lead based paint on babies' pacifiers. Like the illusion that money would come from thin air to always push housing prices higher, China has spent a generation pursuing its illusion. Pursuing an unattainable dream to be like the West, while 6000 years of its carefully shepherded top soil blows into the sea.
Posted: Sat Nov 19, 2005 8:46 am Post subject: Iranian Oilfields [Translation Needed]
from english to english
TEHRAN, Nov. 18 (MNA) – “Iranian oilfields’ production factor is to experience an increase from the current average of 25% to 30%,” caretaker of Oil Ministry said on Friday. Kazem Vaziri Hamaneh also indicated that the projected increase would take place within the 4th Socioeconomic and Cultural Development Plan by injecting gas from phases 6, 7 and 8 of the South Pars to the oilfields.
“Directives for injection of 100 million cubic meters of gas have so far been issued, however, due to gradual progress of the development plans on the said phases, the actual injection figures stand at 70% to 90% of the intended amount” he commented, adding that the injection plan is not aimed at increasing the index only, rather, it is a matter of preventing any drop in oil production as well as preserving optimization and national interest.
“At the moment, due to absence of systematic optimization and preservation in our oilfields we are losing an average of 200,000 barrels of oil from our reserves per year,” he maintained.
Joined: Jan 04, 2005 Posts: 623 Location: Australia
Posted: Sat Nov 19, 2005 9:42 pm Post subject: Re: Translation needed
My take:
Recovery factor is to increase from average of 25% of oil in place to 30% with the aid of gas injection from the supergiant South Pars gas/condensate field that is currently being developed. But only 70 to 90% of the volume needed for injection is available. They are currently seeing declines of 200,000 barrels/day per year from existing fields and hope to stem this with more gas injection. _________________ "Production of useful work is limited by the laws of thermodynamics, but the production of useless work seems to be unlimited."
Posted: Sun Nov 20, 2005 10:07 am Post subject: Re: Translation needed
Quote:
TEHRAN, Nov. 18 (MNA) – “Iranian oilfields’ production factor is to experience an increase from the current average of 25% to 30%,” caretaker of Oil Ministry said on Friday.
We want the oil investment community to continue buying our contracts.
Quote:
Kazem Vaziri Hamaneh also indicated that the projected increase would take place within the 4th Socioeconomic and Cultural Development Plan by injecting gas from phases 6, 7 and 8 of the South Pars to the oilfields.
“Directives for injection of 100 million cubic meters of gas have so far been issued, however, due to gradual progress of the development plans on the said phases, the actual injection figures stand at 70% to 90% of the intended amount” he commented, adding that the injection plan is not aimed at increasing the index only, rather, it is a matter of preventing any drop in oil production as well as preserving optimization and national interest.
Our primary fields are past natural peak production, and require extensive gas injection to maintain positive well pressure. When these fields collapse, production is expected to drop sharply.
Quote:
“At the moment, due to absence of systematic optimization and preservation in our oilfields we are losing an average of 200,000 barrels of oil from our reserves per year,” he maintained.
We are struggling to support production using exotic & expensive technology with little success. _________________ "When you understand why you dismiss all the other possible gods, you will understand why I dismiss yours." - Stephen F Roberts.
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