Reply #4: Why You Don't Know Jack-2 about the Gulf Oil Find [View All]

[profgoose]

Yep, and here's even more debunking of "Jack-2" from The Oil Drum today:

"With the successful test drilling of Jack-2 in the ultra deepwater Gulf of Mexico, there has been a media blitz proclaiming the good news. The "peak oil" theory is under attack. This article takes a closer look at the prospectivity, geology, economics, technology, reservoirs, hydrocarbons and logistics of the Lower Tertiary play in the Gulf of Mexico."

The author pretty much tears it up. Here's a link: http://www.theoildrum.com/story/2006/9/8/11274/83638