Friday, November 28, 2014

Breakeven Price for Every Drilling Project

Note that the latest quote on Brent Crude I can find is $70.15/bbl.  

Breakeven price chart:
Source.

A few quick notes:
* The most robust, from an economics perspective, include projects in Iraq (Rumaila, Majnoon) and Russia.
* Many Gulf of Mexico projects fall under the middle end of the spectrum.
* Many LNG projects (like Prelude) fall on the middle-to-upper-end of the spectrum.
* Point Thompson (Alaska) is one of the most expensive projects.  Point Thompson has major implications for the Trans-Alaskan Pipeline System's future.
* It's no surprise Kashagan is the most expensive oil.  It's not for nothing it's named "CASH ALL GONE"

Friday, November 21, 2014

B-29

FiFi, of the Commemorative Air Force, is the only flightworthy B-29 in the world.

Bock's Car (which dropped the atomic bomb on Nagasaki) is preserved at the Air Force Museum in Dayton Ohio and the Enola Gay (Hiroshima) is preserved in DC, but none except FiFi are flightworthy.

Photo taken at Lakefront Airport.

Tulane Stadium

Pretty stadium. Yulman Stadium is a terrible name, though.

Thursday, November 20, 2014

Wave Flume

I've been playing around in the lab a lot this semester.