You're right, I choked with laughter.....again

Quote:

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Since 1980 at least four oil pools, the West Beach, Niakuk, Point McIntyre and North Prudhoe pools, as well as Prudhoe Bay satellites, have been delineated and developed in the area immediately around the Gull Island wells, Bird said.

http://www.petroleumnews.com/pntruncate/690171677.shtml

The four pools in the immediate Gull Island area are all currently in production: According to Alaska’s Division of Oil and Gas 2007 annual report, Point McIntyre had a cumulative production of 395.6 million barrels of oil at the end of 2006, with 164 million barrels of remaining reserves. The other three pools are much smaller than Point McIntyre.

“Both the geologic evidence and the small area not yet developed into oil fields around the Gull Island wells preclude the possibility of a giant oil accumulation,” Bird said.

But the Gull Island legend seems to persist. And just to cap it all, used versions of Williams’ book “The Non-Energy Crisis” have appeared on Amazon.com as collector’s items — on July 7 three copies were listed with prices ranging from $1,299 to $1,499.

Maybe there’s money to be made from Gull Island after all.

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