Blaven Posted August 20, 2014 Share Posted August 20, 2014 When that happens they'll be desperate to get rid of us It's a very serious question. How much of the £1.3trillion debt will be repaid, or will it be more? Where will future oil and gas come from? How many countries will we be actively engaged in war with? How much will we have spent on new Subs and weapons? How much over budget will HS1+2, Hinkley point, Londons sewers or even aircraft for the carriers, run? That's just in the next few years. Hate to think what else is in store. Link to comment Share on other sites More sharing options...
Carl Cort's Hamstring Posted August 20, 2014 Share Posted August 20, 2014 How much over budget will HS1+2... run? HS1 opened seven years ago. Link to comment Share on other sites More sharing options...
strichener Posted August 20, 2014 Share Posted August 20, 2014 HS1 opened seven years ago. Did it? Can't say I have noticed here in the NE Scotland. Link to comment Share on other sites More sharing options...
AUFC90 Posted August 20, 2014 Share Posted August 20, 2014 Out of interest, is this the same Mr Wood that was proclaiming a £200bn bonanza over the next couple of decades from the Oil and Gas section in Scotland just a few years ago. It seems that his predictions seem to be tailored towards his audience. When it's investment he is looking for, then the spin is positive and when it's his own pet unionist agenda well then clearly it's not quite as enthusiastic. Don't get me wrong Mr Wood is not a stupid man, he would never say something that was either untrue or could come back to bite him but he knows how to preach to the believers. It wasn't "just a few years ago". It was literally this year when Davey boy went on a visit to the North Sea. What a difference 6 months can make Link to comment Share on other sites More sharing options...
Carl Cort's Hamstring Posted August 20, 2014 Share Posted August 20, 2014 Did it? Can't say I have noticed here in the NE Scotland. You can cycle down the Formartine and Buchan route, it's just as good, honest. I think HS1 was a good idea, HS2 I'm slightly more dubious as to the merits of. Saying that, I'm not convinced by the Scottish Government's plan to build a High Speed link between Edinburgh and Glasgow either. Link to comment Share on other sites More sharing options...
Hedgecutter Posted August 20, 2014 Share Posted August 20, 2014 Where does Ian Wood get all these estimates from anyway? As leader of the 'business empire' which deals only with operations and further downstream activities (i.e. absolutely nothing to do with reserve predictions), it certainly won't be from his years of engineering experience. I can only presume it must be from input for his very recent report which seems to have made him an expert and the go-to-guy on absolutely everything oil related??? Link to comment Share on other sites More sharing options...
strichener Posted August 20, 2014 Share Posted August 20, 2014 Where does Ian Wood get all these estimates from anyway? As leader of the 'business empire' which deals only with operations and further downstream activities (i.e. absolutely nothing to do with reserve predictions), it certainly won't be from his years of engineering experience. I can only presume it must be from input for his very recent report which seems to have made him an expert and the go-to-guy on absolutely everything oil related??? ^^Exactly. I fully expect to see the Wood Group Exploration company formed soon to exploit this knowledge that Sir Ian has garnished from his reservior calculator. Link to comment Share on other sites More sharing options...
doulikefish Posted August 20, 2014 Share Posted August 20, 2014 Where does Ian Wood get all these estimates from anyway? As leader of the 'business empire' which deals only with operations and further downstream activities (i.e. absolutely nothing to do with reserve predictions), it certainly won't be from his years of engineering experience. I can only presume it must be from input for his very recent report which seems to have made him an expert and the go-to-guy on absolutely everything oil related??? I think its the "sir" bit Link to comment Share on other sites More sharing options...
Tubbs Posted August 20, 2014 Share Posted August 20, 2014 Unusually aggressive response on here to someone going against the yes agenda To be frank everyone knows in their heart of hearts that the SG are over egging it. Link to comment Share on other sites More sharing options...
Blaven Posted August 20, 2014 Share Posted August 20, 2014 HS1 opened seven years ago. On budget? Link to comment Share on other sites More sharing options...
strichener Posted August 20, 2014 Share Posted August 20, 2014 On budget? The Formatine and Buchan way section of it was!!!! Link to comment Share on other sites More sharing options...
strichener Posted August 20, 2014 Share Posted August 20, 2014 To be frank everyone knows in their heart of hearts that the SG are over egging it. Of course you will have evidence to back this up. Bear in mind that it should have already run out or been damn close, peak oil and all that. Link to comment Share on other sites More sharing options...
Hedgecutter Posted August 20, 2014 Share Posted August 20, 2014 Yip he does,only one small problem somebody better tell bp that its running out in 35 years,last week they estimated the clair field to have at least 40years as a conservative estimate TBF, that's one of the UK largest known fields (billion barrel ones are pretty rare). Although that may still be running, many of the small fry ones will be kapoot. However... everything here is being judged by present EOR (enhanced oil recovery) techniques. This is constantly evolving to increase the recovery of various fields. Clair is actually a good example as an EOR field as although the reserves are huge, the oil is extremely heavy (viscous) and difficult to flow without adding chemicals to the reservoir. Link to comment Share on other sites More sharing options...
doulikefish Posted August 20, 2014 Share Posted August 20, 2014 Im wondering if the wood group have an interest in some tasty fracking type contracts?? Link to comment Share on other sites More sharing options...
Carl Cort's Hamstring Posted August 20, 2014 Share Posted August 20, 2014 On budget? Depends when you decide the project actually started. Government claims it was on budget, but it comes down to which budget you recognise. The final cost to the taxpayer is predicted to come in at around 10 Edinburgh trams (my new standard unit for any large public infrastructure project). Link to comment Share on other sites More sharing options...
AUFC90 Posted August 20, 2014 Share Posted August 20, 2014 TBF, that's one of the UK largest known fields (billion barrel ones are pretty rare). Although that may still be running, many of the small fry ones will be kapoot. However... everything here is being judged by present EOR (enhanced oil recovery) techniques. This is constantly evolving to increase the recovery of various fields. Clair is actually a good example as an EOR field as although the reserves are huge, the oil is extremely heavy (viscous) and difficult to flow without adding chemicals to the reservoir. As long as we have huge reserves then we'll get it out at some point. I reckon that particular field will turn out to be absolutely massive. Link to comment Share on other sites More sharing options...
git-intae-thum Posted August 20, 2014 Share Posted August 20, 2014 Just watched Reporting Scotlands coverage of the Wooods intervention. Disgustingly biased. No counter argument aired. No coverage of Woods previous comments. Pravda indeed. Link to comment Share on other sites More sharing options...
AUFC90 Posted August 20, 2014 Share Posted August 20, 2014 Depends when you decide the project actually started. Government claims it was on budget, but it comes down to which budget you recognise. The final cost to the taxpayer is predicted to come in at around 10 Edinburgh trams (my new standard unit for any large public infrastructure project). Did the UK pay for our trams or does the money for infrastructure only flow one way ? Plus... We all know that Labour are useless wankers Link to comment Share on other sites More sharing options...
doulikefish Posted August 20, 2014 Share Posted August 20, 2014 All the more reason to vote yes,if sir ians forecasts are correct,lets get an oil fund started Link to comment Share on other sites More sharing options...
DeeTillEhDeh Posted August 20, 2014 Share Posted August 20, 2014 O TBF, that's one of the UK largest known fields (billion barrel ones are pretty rare). Although that may still be running, many of the small fry ones will be kapoot. However... everything here is being judged by present EOR (enhanced oil recovery) techniques. This is constantly evolving to increase the recovery of various fields. Clair is actually a good example as an EOR field as although the reserves are huge, the oil is extremely heavy (viscous) and difficult to flow without adding chemicals to the reservoir. I have to say Hedge you are one of the most sensible and informative posters on this forum when it comes to NS oil. Link to comment Share on other sites More sharing options...
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