Mesa Offshore Trust (fka MOSH)

[volenspros]

correction - i re-read my post and said the nimitz WAS producing a certain amount. That is incorrect. It is expected to test out at 50mmcf/day based on preliminary data.

lastly, i was digging around the archives and found an interesting article about perpetual wells. we can only hope. here's the article:

The Myth Of Peak Oil
The mystery of Eugene Island 330 and self-renewing oil supplies

Eugene Island is an oil field in the gulf of Mexico, 80 miles off the coast of Louisiana. It was discovered in 1973 and began producing 15,000 barrels of oil a day which then slowed to about 4,000 barrels in 1989.

But then for no logical reason whatsoever, production spiked back up to 13,000 barrels a day.

What the researchers found when they analyzed the oil field with time lapse 3-D seismic imaging is that there was an unexplained deep fault in the bottom corner of the computer scan, which showed oil gushing in from a previously unknown deep source and migrating up through the rock to replenish the existing supply.

Furthermore, the analysis of the oil now being produced at Eugene Island shows that its age is geologically different from the oil produced there after the refinery first opened. Suggesting strongly that it is now emerging from a different, unexplained source.

The last estimates of probable reserves shot up from 60 million barrels to 400 million barrels.

Both the scientists and geologists from the big oil companies have seen the evidence and admitted that the Eugene Island oil field is refilling itself.

if i'm not mistaken pxd had a small piece of this well but sold out.

and here's another article you guys might find interesting. it's all out there, you just gotta spend the time to find it. follow the link.

http://www.aapg.org/explorer/2002/10oct/deepgas.cfm

hasta la vista baby.