Interested in maladministration. Estd. 2005
RTEs Sarah McInerney ? Fianna Fail supporter? Anthony
Joe Duffy is dishonest and untrustworthy Anthony
Robert Watt complaint: Time for decision by SIPO Anthony
RTE in breach of its own editorial principles Anthony
Waiting for SIPO Anthony
Public Inquiry >>
A Blog About Human Rights
UN human rights chief calls for priority action ahead of climate summit Sat Oct 30, 2021 17:18 | Human Rights
5 Year Anniversary Of Kem Ley?s Death Sun Jul 11, 2021 12:34 | Human Rights
Poor Living Conditions for Migrants in Southern Italy Mon Jan 18, 2021 10:14 | Human Rights
Right to Water Mon Aug 03, 2020 19:13 | Human Rights
Human Rights Fri Mar 20, 2020 16:33 | Human Rights
Human Rights in Ireland >>
?I?m Not Playing a Man in a Women?s Event?: Female Darts Star Forfeits Tournament as She Refuses to ... Mon May 06, 2024 19:30 | Will Jones
A British female darts star has forfeited her chance to the win the Denmark Open after refusing to face a transgender player, calling for the sport to ban male athletes.
The post “I’m Not Playing a Man in a Women’s Event”: Female Darts Star Forfeits Tournament as She Refuses to Face Transgender Player appeared first on The Daily Sceptic.
Why has China Cancelled the Creator of its Covid Vaccine? Mon May 06, 2024 17:34 | John MacNab
Why has China cancelled the creator of its Covid vaccine? Yang Xiaoping, once a national hero, has been deposed from the National People's Congress and nobody knows why, says John MacNab.
The post Why has China Cancelled the Creator of its Covid Vaccine? appeared first on The Daily Sceptic.
The Collapse of Medical Ethics During COVID-19 Mon May 06, 2024 15:26 | Dr Alan Mordue
The Covid response was the opposite of what appeared in long-prepared pandemic plans ? and turned accepted principles of medical ethics on their heads, with disastrous results, says Dr Alan Mordue.
The post The Collapse of Medical Ethics During COVID-19 appeared first on The Daily Sceptic.
?Israeli Bombing Has Destroyed Thousands of Buildings, Many of Which Were Roofed With Solar Panels?:... Mon May 06, 2024 13:00 | Steven Tucker
'Israeli bombing has destroyed thousands of buildings, many of which were roofed with solar panels,' ran the ridiculous Al Jazeera headline. Is Carbon Libel the new Blood Libel, asks Steven Tucker.
The post ‘Israeli Bombing Has Destroyed Thousands of Buildings, Many of Which Were Roofed With Solar Panels’: Is Carbon Libel the New Blood Libel? appeared first on The Daily Sceptic.
Why We Should Defend Nathan Cofnas?s Academic Freedom Mon May 06, 2024 11:00 | Toby Young
Laurie Wastell has written an excellent piece in the Spectator about the mobbing of Nathan Cofnas ? a Cambridge post-doc who is under investigation because of a controversial blog post he wrote last February.
The post Why We Should Defend Nathan Cofnas?s Academic Freedom appeared first on The Daily Sceptic.
Lockdown Skeptics >>
Voltaire, international edition
Voltaire, International Newsletter N°85 Fri May 03, 2024 14:25 | en
The Kastner case resurfaces Fri May 03, 2024 14:06 | en
Non-Semite (sic) Khazar Netanyahu calls US anti-genocidal academics "anti-Semite... Fri May 03, 2024 07:13 | en
Paris 2024 and Berlin 1936 in the service of an impossible imperial dream, by Th... Tue Apr 30, 2024 07:07 | en
Georgia and the financing of political organizations from abroad Sat Apr 27, 2024 05:37 | en
Voltaire Network >>
national |
economics and finance |
press release
Saturday May 07, 2016 19:38
by Shell to Sea - Shell to Sea
printable version
Digg this
del.icio.us
Furl
Reddit
Technorati
Facebook
Gab
Twitter
View Comments Titles Only
save preference
Comments (3 of 3)
Jump To Comment: 1 2 3I can't help but point out that the campaign is not getting any smarter as the years go by. The calculation that the Corrib field will make $7.35 billion over the next 20 years is based on the fact that the field will be producing exactly the same amount of gas in twenty years time as it did in the first three months of production! Sadly this is not the case as production declines year by year to a mere trickle at the end of field life. If it were producing at the same rate in 20 years time as it is today I sure the whole of Ireland would rejoice in the benefits of the additional tax revenue.
That isn't the gas. A conventional gas field like Corrib has ramps up quickly to a fairly long plateau and has relatively constant production and only towards the end does production drop off significantly.
In the case of unconventional gas fields like Fracking, production rises rapidly in the first year to 18 months and then falls off exponentially to a trickle. This sounds like the case you are describing and is not applicable to Corrib.
I'm afraid that the statement in the previous comment is entirely incorrect on many levels. Corrib like many gas fields will have a relatively short plateau followed by a long and fairly steep decline. Take a look at the independent publicly available analysis such as that published by Wood Mackenzie if you don't believe me. The idea that it will produce for the next 20 years at the same rate is just ludicrous.