Norway has the darndest luck

[Gilligan]

The country is awash in European cash for their natural gas and oil, has a massive trust fund accumulated for some future time, and still has massive finds like this one:


https://www.msn.com/en-us/money/mar...p&cvid=4022ffc1f07f48a99ca49d44ac6757e5&ei=24

We're going to run out of oil and gas...when, exactly? LOL

 

[Clem72]

The country is awash in European cash for their natural gas and oil, has a massive trust fund accumulated for some future time, and still has massive finds like this one:


https://www.msn.com/en-us/money/mar...p&cvid=4022ffc1f07f48a99ca49d44ac6757e5&ei=24

We're going to run out of oil and gas...when, exactly? LOL

Guess i'm confused as to how this is a massive find. The article you posted says the following:

DNO is assessing the reserve potential from the Carmen discovery. Preliminary data put the gross recoverable reserves in the range of 120 million to 230 million barrels of oil equivalent. At the midpoint of that range, Carmen would be the largest discovery on the Norwegian continental shelf since 2013.

So it's the largest found on this particular shelf in the last 10 years, but it's not really that big considering it's about two weeks worth of oil for the EU, or about 10 days for the US.

 

[Gilligan]

Guess i'm confused as to how this is a massive find. The article you posted says the following:


So it's the largest found on this particular shelf, but it's not really that big considering it's about two weeks worth of oil for the EU, or about 10 days for the US.

At the midpoint of that range, Carmen would be the largest discovery on the Norwegian continental shelf since 2013. That's 10 years. A decade. ;-) How does "large" work for ya? It's my primary goal in lyf to make you happy.

And they keep on finding more.....and more....and they bank most of the $$ because they use so little themselves.

Carmen is DNO’s sixth discovery in the Troll-Gjøa area since 2021 and is located close to existing infrastructure with clear routes towards commercialization. The other discoveries are Røver Nord, Kveikje, Ofelia, Røver Sør and Heisenberg.


“Norway is the gift that keeps on giving,” said DNO’s Executive Chairman Bijan Mossavar-Rahmani. Carmen proves there are important discoveries still to be made and Norway’s oldest oil company, DNO, will be part of this next chapter of the country’s oil and gas story,” he added.

 

[Hijinx]

A natural fuel readily available right here in our own country and the jack asses spending billion of dollars on a pike dream experiment destined to fail. Any person can drive the beltway and see that all of those vehicles will never be EV's. Even if the power was there to recharge them the batteries will dig up half of the earth to get the requirements to make them, and what will we do with them when they die.

 

[Clem72]

At the midpoint of that range, Carmen would be the largest discovery on the Norwegian continental shelf since 2013. That's 10 years. A decade. ;-) How does "large" work for ya? It's my primary goal in lyf to make you happy.

And they keep on finding more.....and more....and they bank most of the $$ because they use so little themselves.

That's not large. That's tiny.

Largest in a decade of one particularly not oil rich shelf that no one give a crap about. Why do you have such a hard-on for norway? That's literally trash news. There was a bigger find in Guyana in the same week, why aren't you crowing about that? Apparently there were over 20 BILLION barrels of oil found in new wells just last year alone.

So why would you think 120 million barrels is so awesome you need to tell people in southern maryland about it, but you ignore the tens of billions of barrels found last couple of years in Brazil, Namibia, and Algeria?

That's like bragging about your retarded nephew who finished 106th at the special olympics.

 

[Kyle]

That's like bragging about your retarded nephew who finished 106th at the special olympics.

You're Uncle Joe is confident you'll do much better next time!

 

[vraiblonde]

Why do you have such a hard-on for norway?

Because he loves it there for some reason.

Norway is a very small country with like 5 million people - roughly half the population of NYC. It doesn't make a lot of sense to compare it to the US. That said, good for Norway Gives them something to keep their economy going for awhile, plus because they're so tiny they don't have the political graft and corruption we have here and Norwegians can enjoy a nice standard of living.

 

[Gilligan]

Because he loves it there for some reason.
It doesn't make a lot of sense to compare it to the US. That said, good for Norway Gives them something to keep their economy going for awhile, plus because they're so tiny they don't have the political graft and corruption we have here and Norwegians can enjoy a nice standard of living.

It's a lot of fun to get ole Clem wound up too. ;-)

 

[Gilligan]

So why would you think 120 million barrels is so awesome you need to tell people in southern maryland about it, but you ignore the tens of billions of barrels found last couple of years in Brazil, Namibia, and Algeria?

Maybe because I don't have grandkids in sheithole African countries. ;-p

 

[Ken King]

Why do you have such a hard-on for norway?

Pretty sure "hard-on" is the exact reason for his connection to Norway.

 

[Gilligan]

That's like bragging about your retarded nephew who finished 106th at the special olympics.

• According to the Oil & Gas Journal, Norway had 7.7 billion barrels of proved crude oil reserves as of January 1, 2022, the largest oil reserves in Western Europe.[7]
• In 2021, 83 fields produced 1.8 million barrels per day (b/d) of crude oil.

Good ting dey keep finnin' more of it, huh Clem?

 

[Gilligan]

Pretty sure "hard-on" is the exact reason for his connection to Norway.

 

[SamSpade]

That's like bragging about your retarded nephew who finished 106th at the special olympics.

While team competitions have large numbers, individual events usually just have THREE participants.

Special Olympics divides its athletes into skill levels. The top tier athletes would beat the pants off of your average person.
My son's track team has two guys I swear would give a HORSE a good challenge.

 

[Clem72]

Maybe because I don't have grandkids in sheithole African countries. ;-p

Psst. Brazil is a shithole South American country. And if you know where all your grand kids are then you are less of a sailor than I thought you were. ;-p

 

[Clem72]

While team competitions have large numbers, individual events usually just have THREE participants.

Special Olympics divides its athletes into skill levels. The top tier athletes would beat the pants off of your average person.
My son's track team has two guys I swear would give a HORSE a good challenge.

I was going for more of an exaggerated metaphor to provide emphasis, but I appreciate your attempt to educate me so that I may be more accurate in my future trolling endeavors.

 

[BOP]

The country is awash in European cash for their natural gas and oil, has a massive trust fund accumulated for some future time, and still has massive finds like this one:


https://www.msn.com/en-us/money/mar...p&cvid=4022ffc1f07f48a99ca49d44ac6757e5&ei=24

We're going to run out of oil and gas...when, exactly? LOL

I'm pretty sure that I'm 1/1024th Norwegian.

Honest injun.

 

[SamSpade]

I was going for more of an exaggerated metaphor to provide emphasis, but I appreciate your attempt to educate me so that I may be more accurate in my future trolling endeavors.

I gotcha - I just want to let you know that in any geography, there are quite a few SO athletes who are just incredible. One guy on my son's basketball team has Down's syndrome, which means while he has a small head, he has gargantuan shoulders, and when he dribbles, you can hear it everywhere. He may not have a great point average, but you don't want him to foul you.

The one thing I KEEP HEARING about Norway and their oil fields is that - they're "always" running out. And they just keep finding more. And the point is well made that, this is a nation with a population about 1/60th of the U.S. - they enjoy a great standard of living, because they're a tiny country awash in oil, per capita (and if I am not mistaken, the government more or less runs the oil).

 

[Gilligan]

Psst. Brazil is a shithole South American country.

Been there...working on a megayacht with a guest pass from the owner to hang out at one of the nicest marina at the head of the harbor in Rio. Nice place. Wicked good looking wimmin...

 

[Gilligan]

- they enjoy a great standard of living, because they're a tiny country awash in oil, per capita (and if I am not mistaken, the government more or less runs the oil).

That is indeed the case. Statoil..now Equinor, is state-owned. I've worked for Statoil directly as a consultant a couple of times. Money is good. ;-p

 

[Clem72]

The one thing I KEEP HEARING about Norway and their oil fields is that - they're "always" running out. And they just keep finding more. And the point is well made that, this is a nation with a population about 1/60th of the U.S. - they enjoy a great standard of living, because they're a tiny country awash in oil, per capita (and if I am not mistaken, the government more or less runs the oil).

Venezuela supposedly has the worlds largest oil reserves. More than 300 billion barrels. Also coincidentally managed by the government.