THE State of Nevada Thread (merged)

ECM · Heavy Crude Joined: Feb 09, 2005 Posts: 227

The State of Nevada had a $300 million surplus and pays it back. Those who registered a vehicle in 2004 are getting $75-$275 refunded. Nevada has no state tax so registering a vehicle is the most direct payment to the state that I know of as I lived there almost 3 years.

I'm shocked. A government that actually had a surplus AND they give it back. I'm running to the bank with my refund.

erich · Tar Sands Joined: Aug 14, 2005 Posts: 57

How much oil is in Nevada?
Dr. Alan Chamberlain, link this week, stated his belief that there is almost 1.9 TRILLION barrels of oil in the state. Mind you, since the 1850s, when the first oil was pumped in Pennsylvania, until now, total worldwide oil production is only 1 trillion barrels. Further, many experts (Deffeyes in Hubbert's Peak, for instance) believe that 2 trillion barrels is the total original world supply, meaning we only have 1 trillion left in the whole world. Chamberlain is now on the record as stating that he thinks there is roughly as much oil in Nevada as the rest of the world put together ever had. Any thoughts on this? If Eden finds a couple of billion barrels, investors are rich beyond their collective imaginations; but a couple of trillion barrels?? That number just seems impossibly big.

Doly · Expert Joined: Dec 03, 2004 Posts: 4031

Maybe somebody is messing up with American and European billions and trillions.

4dsc · Tar Sands Joined: Apr 03, 2005 Posts: 31

I wonder if Mr chanberlain is talking about shale oil?? I see a reference about shale formations..

Peak_Plus

pstarr

They are selling vast amounts of unproductive and virtually unusable shale oil. Wanna buy in? Laughing

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rockdoc123 · Light Sweet Crude Joined: May 16, 2005 Posts: 1658

First off to put my comments in perspective I know Alan personally, have spent time with him in the field and have great respect for his abilities as a geoscientist. I would be surprised if he would have made this comment ....please give the reference...no statement of that nature is on his CedarStrat website.
The sort of comment that I would believe Alan would make is that the Mississippian Chainman shale was capable of generating a trillion barrels of oil....which in point of fact given its lateral distribution, thickness and total organic content is likely true. That being said being capable and actually having done so are two different things.
First off the oil needs to be generated which means the Chainman had to be buried to the right depth under the right thermal conditions for the right amount of time.....to cold and not enough time and it will not generate hydrocarbons....too hot, to deep or too long and it would likely have cracked any oil to gas.
Second off you need a reservoir ....which Alan has done a good job of pointing out is present in the Devonian Simonson limestone. That being said the reservoir is not laterally persistant throughout the entire basin and instead is localized. As an example the Grant Canyon field produces from karsted Devonian reservoir...a spectacular field but continued drilling over the past 20 years in and around it has failed to find similar reservoir, and you cannot image the traps on seismic. So finding reservoir in closure is a crap shoot, mainly due to the thick Tertiary volcaniclastic infill in the basin.
Thirdly you need to get the generated oil to the reservoir. This is problematic in any basin and there are a number of reasons including, migration losses, migration shadows, bypassing etc. that much less than half of the oil ever generated eventually makes it into a trapped reservoir situation.
The above might seem a wee bit too technical but suffice it to say that Alan is likely being quoted out of context. Although not a petroleum geologist, he is an excellent field geologist and has done a bang up job of identifying a thrust belt that was previously unheard of and along with his former thesis supervisor John Warme has outlined a spectacular reservoir in the Devonian.
Eventually someone will find more oil in Nevada...simple trendology tells you that you have Blackburn field to the north and Grant Canyon to the south and virtually no wells in between. The source rock is rich, there is possibility for reservoir....all the ingredients are here but you also have to be able to identify a trap. Current geophysical technology makes this very problematic.

deafskeptic · Heavy Crude Joined: Nov 02, 2005 Posts: 105

That sounded too good to be true.

TonyPrep

sicophiliac

Ok if there is really 1.9 trillion barrels of oil in Nevada howcome nobody has claimed and started recovering, let alone officially discovered it yet? Big oil is out in chaotic hellholes like Nigeria, Iraq.. the hurricane pummeled gulf coast... yet they havent tapped the life saving/economy saving superduper megagiant oil reserves in Nevada? Come on, I think at best we might find a few billion.. maybe a few 10s of billions of recoverable oil in Nevada if what the geologists say is right.. but 1.9 trillion is just crack smoking wishfull thinking in my opinion.

Leanan · News Editor Joined: May 20, 2004 Posts: 4441

This guy is a pump-and-dumper. He comes here only to post outrageous claims about companies no one ever heard of, trying to get suckers to invest. Don't fall for it.
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Peak_Plus

keyboardexpress · Coal Joined: Mar 28, 2006 Posts: 3

erich requested a link citing Chamberlain's remark about 1.89 trillion barrels of oil on the Raging Bull board. I attempted to reply there but RB isn't responding. However, here is what he is seeking. Perhaps the person who knows Chamberson personally can contact him to see if the reporter cited him correctly.

Here's the link citing Chamberlain saying there are 1.89 trillion
barrels of oil in Nevada --Geologist says White Pine must keep public lands open for oil exploration. Claims undiscovered oil reserves are '10 times' Saudi Arabia's link

And last Friday, 3/24, there was a follow-up article --
County modifies wilderness area recommendations to allow oil and gas exploration
Chamberlain identified an area in the White Pine Range in the
vicinity of Treasure Hill as one of the most important spots to search
for oil. . . He said the shale south of Wheeler Mountain is some of the richest organic material we've found in the state. link

Jogger · Tar Sands Joined: Feb 12, 2006 Posts: 57

Nevada is the only state in the United States where prostitution is legal.
Many people travel from other states to visit brothels in Nevada. Some of the ladies are absolutely beautiful.
The question is, will these brothels still exist after Peak Oil arrives and seriously affects transportation?

Raxozanne