Seeking Alpha

anaconda » Comments » Single Comment |

  • Confirmatory Bias and Oil Investing [View article]
    To John S. Gordon:
    Good ploy -- change the subject -- don't respond to my point about diamondoids and your obvious mistaken diamond comment.

    But going to your new point: "oil is not found in igneous formations (otherwise all of the canadian precambrian shield would be full of oil).

    Wrong, again. There is oil found in igneous formations, i.e., the White Tiger oil field off Vietnam's coast and many other examples.

    And, yes, there is oil found in precambrian formations. And as far as the Canadian shield -- where do you think all that tar sand came from. Tar sand is generally a high atomic weight, long chain hydrocarbon that never was buried deep enough, according to "fossil" theory to create kerogen. "Diagenesis" is a made-up word for a made up "process" that has no scientific basis or experimental backup.

    John says: "oil is found in sedimentary formations where there is a caprock to stop upward migration (otherwise you have a labrea or trinidad type tar pit)."

    Correct. But the 'source' is not remnant of organic detritus.

    The Saudi oil field Ghawar is the largest oil field in the world. The Ghawar complex is performing extremely well. The field has been on production since the 1950s and is steady at roughly 5 million bopd.

    A 19 mile cube of oil has been produced at Ghawar. Roughly 100,000 feet high -- organic detritus supplied that?

    But getting back to my point -- what about diamondoids in all oil?

    And, again, no diamonds aren't formed in the crust.








    Jul 18 12:57 pm |Rating: 0 0
All Comments by anaconda »
Comments by Ticker
anaconda's
Comments Stats
36 comments
Rating: 0 (0 - 0 )