OK - in the WWIII scenerio, a 50% oil derrick produces the following "Max Daily Capacity" according to local Supply conditions:
supply = 0%, 160,000 barrels/day
supply = 2%, 257,000 barrels/day
supply = 20%, 339,000 barrels/day
supply = 40%, 676,000 barrels/day
These figures vary according to location.
Could someone please explain the relationship of local Supply to facility output in terms of yield?
Off the West coast of South Africa there is a 50% drilling SITE with 0% supply that is listed as having a MDC of 356,000 bpd.
I assume that that means that if I construct an oil rig there, and I provide maximum sea supply (40%?), that the derrick will yield 356 KBPD.
In NewFinland :
6% supply/100%, 643,000 bpd
22% supply/100%, 826,000 bpd (built sea pier)
The difference is 183 kbpd (when I construct a sea pier ).
This yields an extra 68 million barrels/year.
68 MB * $44/barrel = $3 billion/year.
A Sea Pier costs 4.7 billion/year.
So - should you build a Sea Pier to boost the yield of your 100% oil derrick? No.
Should I build a sea pier for my oil field with many derricks? Yes, if there are enough facilities and if they produce a high enough yield.
Does this make any sense?
The land analogy would be: should I build a Supply Depot to nourish my oil/gas field?
"We have met the enemy and he is us."