Why the hating? Crude oil is a curse!!!

peanut123:

Mr. KnowAll is intoxicated by his ignorance. Let me tell you two things, when you say the cost of extracting oil in Bayelsa is negligible, then you must be smoking something cheap because extraction of oil goes through the normal process of OPLs, seismic studies and reservoir studies to determine if it's in commercial quantities, community relations, hiring a rig, well completions, hooking up to a flowline or a flowstation before you can make money from the oil. All these costs millions (not thousands) of dollars.
Also, even if there is oil in Kwara state, we dont know whether it's in commercial quantities so we have to find that out first if not you'll dump money and reap nothing.
Someone also said onshore drilling is a thing of the past in Nigeria because of Ogoni land, that's another untruth. Let's get our facts right before typing.  

By the way, I'm in the oil industry.

The One:

@knowall

I asked that question because you wrote that oil recognition should be common place in Nigeria because we have plenty of it. I can assure you that not up to 20% of qualified geologists in Nigeria have seen crude oil before.

Anyway, that's deviating from the discussion here. My point is that you do not announce an oil discovery because a farmer saw somwthing seeping from the ground.

To give a background of my knowledge of this field, some of the most comprehensive studies on tar sands bitumen in Nigeria was done at my undergraduate department in Ife. I personally worked on it for my B.Sc thesis. I've therefater studied petroleum engineering at M.Sc level in the UK and have worked as a reservoir engineer for more than half a decade so I can say that I know what I'm talking about. If you go to Agbabu, Idiobilayo and Oloda in Ondo State, there have been oil seepages since time immemorial but that does not make them announce that they discovered oil. Have you asked the Kwara State government if they've drilled there to confirm that a reservoir exists and if it does, the commerciality? And no, there's nowhere in Nigeria where the oil is almost "scoopable". Ask the governor what depths the deposits are and the reservoir pressure? Can flow be assured? Whether the oil is light or heavy? What's the API gravity?

I don't want you to see the above as an attmpt to brag or whatever. My point is that government officials should not come out to display their ignorance under the guise that every other person is also ignorant. Do you think there'll be a discovery in Kwara State and the whole industry in Nigeria will not be quaking with excitement now?

I rarely post on the forum but I'll not sit back and watch misinformation flying around unchecked.

peanut123:

Mr. KnowAll is intoxicated by his ignorance. Let me tell you two things, when you say the cost of extracting oil in Bayelsa is negligible, then you must be smoking something cheap because extraction of oil goes through the normal process of OPLs, seismic studies and reservoir studies to determine if it's in commercial quantities, community relations, hiring a rig, well completions, hooking up to a flowline or a flowstation before you can make money from the oil. All these costs millions (not thousands) of dollars.
Also, even if there is oil in Kwara state, we dont know whether it's in commercial quantities so we have to find that out first if not you'll dump money and reap nothing.
Someone also said onshore drilling is a thing of the past in Nigeria because of Ogoni land, that's another untruth. Let's get our facts right before typing.  

By the way, I'm in the oil industry.

shawonlese:

Hope the farmer will become a billionaire from his oil rich farm.

KnowAll:

[size=18pt]This is the Governor's statment, not KnowAll. [/size]

"According to the governor, the ministry officials did not only confirm the substance as crude oil but identified the blend as Bonny Light, a high-grade of crude oil preferred by European and American refineries due to its unique properties, according to a statement by his Senior Special Assistant on Media and Communications, Dr Muyideen Akorede.

Governor Ahmed said the find was subsequently verified through independent analysis by a private oil company which also confirmed the government’s findings.

He said further tests were being carried to determine if the crude discovered in Ara Orin was in commercial quantities, adding that the finding was a welcome boost to the state’s economy and its emerging reputation as one of Nigeria’s most conducive "

Desola:

When did abokis become your brothers? Isn't Kwara in the North?

Abi you wan start doing longer throat for other peoples property?

You disappointed me with this statement . Dont you know a geo-graphical location has nothing to do with ethnicity? Kwara is geographically in the north but not ethnically. Kogi is in the north but it is made up of Yorubas, Igalas, Ebira, etc Delta is in the SS but the ibos in there know themselves and they will rather do with ibos in the SE.

Beaf:

Kwara is mainly Yoruba. Ilorin has Fulani rulers (who bear Yoruba names), but thats it.

@topic
We can now expect an almighty bruhaha for Kwara to be split into two or more states. Where there is oil, there is sorriow.

The One:

The governor is an ignorant fool. Do they understand how crude oil bourses are designated? How can they say the oil is Bonny light. For your information Bonny light is a blend of oil the oil flowing into the Bonny terminal. It's worked to achieve some specific properties. Same way we have Escravos blend, Forcados blend etc.

I'm outta here jare, I didn't know what I was getting myself into by joining this thread.

peanut123:

Mr. KnowAll is intoxicated by his ignorance. Let me tell you two things, when you say the cost of extracting oil in Bayelsa is negligible, then you must be smoking something cheap because[b] extraction of oil goes through the normal process of OPLs, seismic studies and reservoir studies to determine if it's in commercial quantities, community relations, hiring a rig, well completions, hooking up to a flowline or a flowstation before you can make money from the oil. All these costs millions (not thousands) of dollars.
Also, even if there is oil in Kwara state, we dont know whether it's in commercial quantities so we have to find that out first if not you'll dump money and reap nothing.
Someone also said onshore drilling is a thing of the past in Nigeria because of Ogoni land, that's another untruth. Let's get our facts right before typing.  
[/b]
By the way, I'm in the oil industry.

I asked that question because you wrote that oil recognition should be common place in Nigeria because we have plenty of it. I can assure you that not up to 20% of qualified geologists in Nigeria have seen crude oil before.

KnowAll:


This is a fallacious statement and a slap on every Geologist, Geophysicist and Petroleum Engineers that trained in Nigeria. Could someone please put this man to shame and out of his misery just because he went to “Oyinbo University, he don sabi pass everybody be dat he wan dey form”
Since I did not do any of those courses I cannot carry your crosses for you. But I would however be very surprise that a Petroleum Engineer or Petrol-Chemical Engineer from any of the ‘FUTA’ has never seen oil b4 graduating.

KnowAll, i think you need to take a chill pill. I studied Geology also (and not in any Oyinbo University), and believe me when i tell that 95% of my class never saw crude oil b4 graduating. those that were opportuned to was as a result of their industrial training with oil companies. Majority of our field trips was majorly centred around Rocks/Outcrops and bitumen deposits. So stop typing rubbish here.

You must be a very bad student when you were in school.If you asked your lecturers for samples of crude oil they would have shown,it not a big deal.I had my BSc in Unilorin and the first time i saw Crude oil,gold and some other minerals was my 300Level. Its not a big deal

Beaf:

In Nigeria? No way!

Do you know that a major part of the ND struggle is about land rights? That poor farmers land now belongs to the FG with zero compensation, it will be so polluted that in all the villages nearby, there will be no drinking water or farmland and all the goats will die. People will begin to die of mysterious ailments which the lucky to be ignorant ones will blame on witchcraft, the size of babies will begin to shrink. . .

You know the drill.

Maybe the PIB just got more votes. GEJ should throw all oilfields open for production, thats the only way Nigerians will know the fundamental importance of the PIB. In other lands, we would all have been on the streets fighting for a bill that guarantees our future, instead the average person wants to be an onlooker, while wearing a collar around their necks thats tagged, "this object is the property of Shell to do with as they please." Of course, JTF will always be present to "persuade" any dissenters, cheered on by "fellow" ignorant Nigerians.

Finally,crude oil has been discovered in the North.More will still be discovered but the only gain is that it balances the equation of North being a parasite insinuated by some Nigerians despite the huge contribution in the agricultural sector.

So much arrogance on this thread mehn!!!

There are posters that i do not agree with most of the time, but sometimes they definitely make very correct statements. We should not let our prejudice affect logical thinking.

From what Mr. knowall has written. His assumptions are based on the news article, which clearly states that experts have confirmed that the discovery is crude oil. However, they do not know yet if it is in commercial quantities.

So, if you have not been on the scene where it was discovered, and you were not the one who ran the tests, how can you logically disprove the discovery. And if you can disprove the discovery, or you have doubts, express your doubts with sense. And saying that Nigerians do not have experts with the capacity to identify crude oil is outrageous!!!

Naija and all our ITK people sha!!! Too many cooks. No wonder we are No 1 in the world.