How Offshore Oil Rigs Work
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Animation by Josh Sherrington
Sound by Graham Haerther (www.Haerther.net)
Thumbnail by Simon Buckmaster
Music by epidemicsound.com
Select footage courtesy the AP Archive
References:
[1] www.rystadenergy.com/globalas...
[2] tradingeconomics.com/commodit...
[3] www.google.com/url?sa=t&rct=j...
[4] www.offshore-mag.com/business...
[5] www.washingtonpost.com/climat...
[6] www.eia.gov/todayinenergy/det...
@preposterouspademelon2135 4 роки тому
Watching this while buying some barrels at Dollar Tree right now
@MrSafer 4 роки тому
my guy you got ripped off. at these prices, they should be paying you to take the oil off their hands.
@JohnFoley1701 4 роки тому
That’s where I buy my breakfast sausage, it has about the same amount of oil in it.
@alveojohn 4 роки тому
Where is Dollar Tree? Can we invest in oil from abroad ?
@acey457 4 роки тому
invest in my greasy sausage the oil is the same
@grantkobes 4 роки тому
@@MrSafer i read somewhere today the price per barrel was $-40. I have no idea how that makes sense but it was the first time in history a barrel was below $0
@curiouszebra9054 4 роки тому
Wendover Productions:- How Oil rigs produce oil. Oil Producers:- We don't do that here (anymore).
@curiouszebra9054 4 роки тому
@abradolf lincler that was humour.
@aespa690 4 роки тому
This video didnt have anything to do with how they produce oil though. Should be renamed "The Economics of Offshore Oil Rigs". Wendover never has a proper title.
@tarjettejtat1564 4 роки тому
Im just here for the Audible shout outs.
@mastershooter64 4 роки тому
are you a fellow redditor?
@jovenaldomingo1123 2 роки тому
I said it years ago I’ll say it again stop don’t touch under the sea it’s a destruction to nature’s under the sea ground pipe gas black gold all over the world 🌎 oceans is a fall to nature’s world 🌎 07 think joe
@sckanis 4 роки тому
This video should really be re-titled to something like "The profitability of offshore oil rigs" as I learned quite little about how offshore oilrigs actually function
@user-zb8tq5pr4x 3 роки тому
You're new here, aren't you?
@ytmm1 3 роки тому
` lmao
@davidty2006 3 роки тому
Meanwhile the local ports in my area are known for dismantling them soo and then the big bucks start rolling in. And yes i am in the UK
@datapoint6859 3 роки тому
This. I came here to learn the intricate details of all the gubbins inside a modern oil platform, not get an economics lecture. Would not eat again.
@reinatr4848 3 роки тому
Maybe "The economics of offshore oil rigs"
@psychlops924 4 роки тому
“This is actually one of the largest commercial applications of helicopters” I knew he’d be able to connect this to aviation somehow 👍
@jovenaldomingo1123 2 роки тому
I said it years ago I’ll say it again stop don’t touch under the sea it’s a destruction to nature’s under the sea ground pipe gas black gold all over the world 🌎 oceans is a fall to nature’s world 🌎 07 think joe
@hcn_jason 2 роки тому
Oil itself is related to aviation
@AidanJ___ 4 роки тому
Can someone explain to me why the term “Airplane” is not in the title?
@duo496 4 роки тому
10,000 Subs With 0 Videos "it is a fuel like kerosene which is what airplanes use"
@AidanJ___ 4 роки тому
Oof beautiful name
@samuelschonenberger 4 роки тому
An Airport is in the video
@sjnavaid 4 роки тому
Corona
@spyrofrost9158 4 роки тому
A few kinds of airplanes aren't capable of extracting oil, so that's probably why.
@SatansBestBuddy1 4 роки тому
7:32 - "at the time of writing, in April, oil prices are hovering around $20 per barrel" oh how things change between finishing a video and uploading it
@ilikestew5719 4 роки тому
Brent will have a good time in a couple of years if the wti stays low for a while
@btg53189 4 роки тому
Some crude is selling at -$40 a barrel. They literally are paying people to take it away they have so much overproduced.
@steevrawjers 4 роки тому
SatansBestBuddy lol
@alogicalhuman6106 4 роки тому
@Adam Hillier I hope all you guys know that these are all futures that are selling and not the actual oil it self.
@BoulevardFan28 4 роки тому
-$37.63 on 4/20. Ouch.
@SupremeLeaderKimJong-un 4 роки тому
I’m expecting American liberation of Wendover any moment now
@hueynapalm 4 роки тому
Kim Jong-un You dying. Shut up.
@vaporizedbug 4 роки тому
@@hueynapalm his sister is hot and will destroy america
@testosteroneinc.3800 4 роки тому
Aren't you supposed to be dead??
@raffaelepiccini3405 4 роки тому
hey buddy, are you okay? I header you had a rough hearth operation!
@anthonyvalles4386 4 роки тому
Kim Jong-un you have a enough oil and fat in your body
@ravenlord4 4 роки тому
These places will become really popular once the zombie apocalypse hits.
@VK-uv5jf 2 роки тому
Which will never happen in the history of the universe
@kontos4454 2 роки тому
Who said zombies don’t swim?
@Zwt256 2 роки тому
Lol
@ex8355 2 роки тому
@@ravenlord4 the next one am I missing something?
@ravenlord4 2 роки тому
@@ex8355 So far yes, and for that we should all feel very lucky.
@themaus3847 4 роки тому
RIP to wendover’s content farm called ‘Aviation’.
@franzferdinand1123 4 роки тому
Rest in rip
@littlemouse9586 4 роки тому
@@franzferdinand1123 Rest in ririp
@abirfahimfahin 4 роки тому
@@littlemouse9586 rest in rip
@__--__ 4 роки тому
@@abirfahimfahin Rip in peace
@hishamdaniell 4 роки тому
@@__--__ rip in rip
@Lugia_Blizz 4 роки тому
Barrel of oil price: less than 0$ Wendover: Perfect timing for a video.
@BikeIsLife4EverGG 4 роки тому
the sun is better
@hahaaha7400 4 роки тому
Basically free oil?
@pryn.darkstorm 4 роки тому
@@hahaaha7400 Not just free, oil companies are literally begging others with money to take their oil. Maximum supply and capacity, but minimal demand.
@chenbayun9494 4 роки тому
Pyra Darkstorm its not the oil company, its the people who but the oil future.
@isaacho4573 4 роки тому
Happy Deepwater horizon explosion anniversary!
@iamraghavkochhar 4 роки тому
Love you work! Eagerly wait for you videos. You work is so precise and straight that one just can't leave it even for a second. Can't thank you enough for the efforts you put in bring all of this together! I would to thank you from the bottom of my heart! Thank You so much Sam ❤️
@noajpetrowski-anchick9395 3 роки тому
For those of you who don't know, the North Sea is the sea bordering the UK, Iceland, Denmark, Norway, Greenland, etc.
@zackaplowitz 3 роки тому
Close. Not Iceland or Greenland, those are just the Atlantic! The full list is: United Kingdom Norway The Netherlands Belgium Denmark Germany
@elizabethdorchester5307 3 роки тому
@@zackaplowitz hi close . you forgot a few places but i appreciated the improved version
@florisk.ios.6416 3 роки тому
@@zackaplowitz france too
@TheSpiritombsableye 3 роки тому
@@florisk.ios.6416, the North Sea could be considered touching France like The Atlantic Ocean touches Romania, via the Mediterranean route. That's not how bodies of water are referred to. In the latter case, you'll have to refer it to as the Atlantic Basin.
@florisk.ios.6416 3 роки тому
@@TheSpiritombsableye no it def touches france, then Belgium also wouldn’t be touching the north sea
@thamadflava 4 роки тому
Internet: "Now, how is he going to make it about pla..." Sam: "Helicopters!"
@MarimbaMaurice 4 роки тому
I spotted an airport aswell :)
@Tank67_ 4 роки тому
“The global petroleum industry lives and dies by the price of oil” *you don’t say*
@GeraltofRivia22 4 роки тому
"People die when they are killed"
@swoo6979 4 роки тому
The archer class really is made up of archers
@duo496 4 роки тому
"The floor is made of floor
@archdukefranzferdinand567 4 роки тому
"Every 60 seconds in Africa, a minute passes"
@oscarcraven8696 4 роки тому
“No crime inbetween 7am to 9pm”
@henrik2276 4 роки тому
Love your work, Sam. Wanted to mention that the newly opened "Johan Sverdrup" offshore rig in Norway operates with a balanceprice less than 20 dollars per barrel. That's with all expenses taken into consideration. Productcost is less than 2 dollars per barrel(!) This means they still make money even with the low prices we have right now 👍
@Coder-zj7lo 4 роки тому
This is a remarkably informative video. Thanks for producing it.
@theoncomingdork 4 роки тому
Airline industry: **dying** Sam: *helicopters*
@sagarrp22 4 роки тому
And oil.
@awesomo660 4 роки тому
Hannah Ni helicopters are cooler than planes anyway
@Dockhead 4 роки тому
@@awesomo660 yeah also cause more controversial deaths in my opinion.
@alihamdani6605 3 роки тому
hahahaha I thought there wouldn't be any aircraft here
@Dockhead 3 роки тому
@Ace Degenerate what you on about? take your fake laughs elsewhere kid.
@tim333y7 4 роки тому
oil price was negative yesterday...
@jonathangoliath91 4 роки тому
no shit sherlock, i'm sure we need a random comment to remind us of front page news
@FrancoDFernando 4 роки тому
@@jonathangoliath91 woah woah...who took the jam out of your donut?
@gl1500ctv 4 роки тому
Good comment. When he discussed the price, he said "as of today, price is hovering around $20/barrel" roughly. I thought to myself how quickly things deteriorated in 24 hours.
@samuelhulme8347 4 роки тому
TIM333Y so you made money by buying oil?
@daleykun 4 роки тому
Only the futures price. They won’t pay you to take it away. It’s just they don’t have anywhere to store the volumes atm so no-one wants to buy it and the negative futures price is more to deter people from entering into futures contracts so they aren’t forced to buy the oil when they have nowhere to store it and no customers
@tacosrock11_34 4 роки тому
That audible credit is awesome, I used your code and I needed one super bad and so glad when I heard you had a sponsorship from them at the end, also awesome video
@victorwillfred 4 роки тому
Thanks Wendover... Yours videos are always a pleasure to watch... Especially during this quarantine
@yjs1098 4 роки тому
You know something is really bad when Wendover produces yet another vid unrelated to aerospace industries
@justaadhdgamerwesley6244 4 роки тому
Or china lol
@mixererunio1757 4 роки тому
He's like those cats in hospitals going to dying people's rooms
@BurN368 4 роки тому
Well, he managed to sneak in some choppers.
@sgtdornan5211 4 роки тому
*unrelated to bricks
@caleb8422 4 роки тому
Do helicopters count?
@namenamename390 4 роки тому
Well this is some excellent timing. -40$ Oil prices atm
@jblackops99 4 роки тому
Hey we don't talk about that
@midievalcat7770 4 роки тому
NAME NAME NAME buy infinite number of barrels and profit
@rykehuss3435 4 роки тому
Thats not whats going on at all. Its at a very specific location in the US, because their storage are full but theyre getting more delivered at a certain date. Its about oil futures. You can get in on it too, 1000 barrels is the minimum lot you can get. Have fun storing it.
@readabookdummy 4 роки тому
@@markonfilms use forex
@samuelcroll344 4 роки тому
We need to out the oil back in the ground to make a profit then.
@pacificblue3955 2 роки тому
I was a paramedic on a couple different oil platforms in the Gulf of Mexico. Most of the time I was the only medically trained person there. It was challenging, but interesting living and working on an offshore oil platform.
@yantisetiawan3103 Рік тому
Hello.... i've got a friend working on an oil rig in the Gulf of Mexico... i know there are lots of rig over there, and i didn't know which rig he actually work... but, may I ask you, just in case you knew him or (luckily) work at the same rig with him ?? His name is Mark Robison, he comes from Austin, Texas, USA... please let me know if you knew him, or some friends do... thank you so much for your kind attention & kindness...🙂🙏
@rhs5683 6 місяців тому
I'm currious; what was the main thing you did on them? [Is a B-Paramedic enought to work there? It's not the exact same name in the US, but you'll know, what I mean.]
@pacificblue3955 6 місяців тому
@@rhs5683I don’t know what a B-paramedic is. But to work off shore you have to have a solid background in EMS be real confident in your skills. I not only worked on off shore platforms but also on several different types of ships often times (almost all the time I was the only medical person on board,) treating everything from simple aches and pains to serious injuries and other medial issues (chest pains, shortness of breath, etc..). To work on American platforms and he ships I was assigned to you had to have your NREMTP, ACLS, BLS, and PHTLS.
@Rory_Perkins 4 роки тому
It’s so much more enjoyable when the end of the video doesn’t transition into an advert. It makes the conclusion feel more genuine.
@swumbles 4 роки тому
russia: no!!! you can't just reduce the price of oil by increasing production saudi arabia: haha oil pipeline go brrrrr
@stevencooper4422 4 роки тому
glub glub!
@BothHands1 4 роки тому
russia should be able to win the war of attrition though. their oil may be more expensive to extract, since it's thousands of miles from civilization in the deep tundra, but they still have far more of it than KSA. KSA is taking short term benefits for political power, while sacrificing their long term economy, which will be their childrens' problem, not theirs.
@dustycarrier4413 4 роки тому
USA be like: *nervously looking away*
@skullcrusherm7425 4 роки тому
Yeah Russia can win attrition war with saudi Arabia
@spiffygonzales5899 4 роки тому
@@dustycarrier4413 Blame the tree huggers
@harshdharpawar3183 4 роки тому
Now as Aviation industry is ruined Sam has shifted to Oil Production Industries Thank you guys!!! 6.5 K likes 🤩🤩
@Fs3i 4 роки тому
aaaand it's gone
@felixw19 4 роки тому
Hope he doesn´t make another video about the rail industry any time soon
@JoeChanik 4 роки тому
He mentioned helicopters, lol.
@joejoey7272 4 роки тому
ruined too
@petermuller7687 4 роки тому
Aaaand he killed them as well, Oil prices officially went negative per barrel.
@Barca25644 4 роки тому
Excellent video man your videos analysing various industries are most exciting and interesting I look forward to see more aviation and oil industry videos thank you very much for your content
@drewgriffing7447 Рік тому
In the year of 2022, oil is over $100 a barrel and these platforms are absolutely turning a profit
@varunshinde9301 4 роки тому
video ideas: logistics of cruise ships logistics of the olympics logistics of a car rental company logistics of a fire station etc
@rschronoshop 4 роки тому
Car rental would be interesting
@TheLightningCruiser 4 роки тому
I second this motion
@dreadhead5719 4 роки тому
I third this motion
@123mickymouse123 4 роки тому
BRICKS
@sanders22158 4 роки тому
So....4 more airplane videos?
@user-vx5ml5oj3e 4 роки тому
Edit: how offshore oil rigs “worked”
@aespa690 4 роки тому
This video didnt have anything to do with how they "work". Should be renamed "The Economics of Offshore Oil Rigs". Wendover never has a proper title.
@user-vx5ml5oj3e 4 роки тому
I also take youtube comment section seriously
@foty8679 3 роки тому
@@bootleg0012 Nobody claimed she was.
@AbuzarIlyas Рік тому
A good comprehensive introduction of offshores. Multiple aspects have been covered. Good!
@ashleycat4 3 роки тому
This video was very helpful, thank you. I'm writing a book and one of the settings is an offshore oil rig. I got a whole bundle of information from this, so once again, thanks for uploading.
@andrewarmstrong3550 4 роки тому
In the last 24 hours oil prices turned negative and Kim-Jong Un was admitted to hospital. In the last six hours, real life lore uploaded a video about a united Korea and you realised a video about oil. Is there something you would like to tell us?
@LuisGutierrezG123 4 роки тому
Andrew Armstrong they probably had those videos ready a long time ago and decided to upload them now that they are topical
@sharabhojha7895 4 роки тому
Luis Gutiérrez r/wooosh
@sharabhojha7895 4 роки тому
Luis Gutiérrez You’re probably right though
@carlsaganlives4141 4 роки тому
"Deep State"
@somedayitsgonnamakesense 4 роки тому
2020 surprises ain't over yet
@ZacharyWalters_Pyrrha 4 роки тому
“Costs are hovering around $20 a barrel” April 21st: hols my beer
@ScottRothsroth0616 4 роки тому
At 7:32 .
@tgv1p3r93 4 роки тому
They actually still are, June oil is being traded at about 20$/bbl
@halo2pro9 4 роки тому
@@tgv1p3r93 You might want to check that again.
@that_llama_in_a_tuxedo4584 4 роки тому
TG V1p3r also depends on which oil market. It was the US oil market (WTI and Mars) that went negative, European oil market remained much steadier.
@thert.hon.thelordnicholson7261 4 роки тому
@@that_llama_in_a_tuxedo4584 you mean WTI, not Brent.
@WingsOTWorld 4 роки тому
Crude oil can be refined into jet fuel. Therefore, Sam has released another aviation video. Yay!
@jovenaldomingo1123 2 роки тому
I said it years ago I’ll say it again stop don’t touch under the sea it’s a destruction to nature’s under the sea ground pipe gas black gold all over the world 🌎 oceans is a fall to nature’s world 🌎 07 think joe
@TonyStark-mp6zv 4 роки тому
Any developing country: *has oil* USA: *We're gonna help you out !*
@Bshue123 4 роки тому
Sam, this has no airplanes in... *talks for a minute about Aberdeen Airport.
@MSthesmart 4 роки тому
Crude Oil prices reduced negatively in US market. Wendover be like: How cute new Kontent Time to make some money
@herlescraft 4 роки тому
UKposts be like: how cute kontroversy time to demonetize.
@aromaticsnail 4 роки тому
everyone: Couldn't be happier
@rykehuss3435 4 роки тому
MS thesmart Thats not what happened. As usual, people only read the super simplified headline and now think that they will pay you to take their oil in all of US.
@onlinefarmbooks 4 роки тому
It takes time to make the videos. I am sure he did not just wake up today and decide to make this one...
@MSthesmart 4 роки тому
@@onlinefarmbooks it's just a joke. You're right but his video is not up to date because crude oil prices in US has gone negative per ballon because of no more storage space.
@jonathanharvey2156 4 роки тому
4:56 LOVE that place, really miss it, walking around the harbour was always really cool!
@isaacjamestea9652 4 роки тому
Thank you for this amazing video! I really enjoyed it!
@owenthomas6160 4 роки тому
7:31 Wendover: "Oil prices are hovering at about $20" Covid-19: I'm about to ruin this man's whole career
@ezramahle1472 4 роки тому
Last time I was this early, Virgin Australia was a thing.
@calebyao. 4 роки тому
lol
@alexanderx3554 4 роки тому
2019: how off shore oil rigs work 2020: no they can't
@ImInSpainWithoutTheS 4 роки тому
@Tony It's called a meme meme /miːm/ Learn to pronounce noun noun: meme; plural noun: memes 1. an element of a culture or system of behaviour passed from one individual to another by imitation or other non-genetic means. 2. an image, video, piece of text, etc., typically humorous in nature, that is copied and spread rapidly by Internet users, often with slight variations.
@themaus3847 4 роки тому
Tony ok boomer.
@ezramahle1472 4 роки тому
Wendover really dropping these videos while unprecedented crisis relating to the topic are occurring.
@jaketaylor3901 4 роки тому
I love your videos bc after watching them i feel like genius about a topic i knew nothing about before
@wenwen9041 3 роки тому
This is a beyond fantastic video. Thank you!
@mastergun117 4 роки тому
Never thought i'd see a wendover productions vid about my hometown
@Ibirdball 4 роки тому
He almost mentioned mine (Norwich) which also sees a lot of oil-related work... close enough haha
@trolletarian 4 роки тому
He even pronounced it properly, rare for an American (you know, the AH-ber-deen vs aber-DEEN thing all the foreign students do)
@TheDblaine12 3 роки тому
@@trolletarian I agree but you know Sam has been going to the University of Edinburgh for a few years right?
@user-re9gj2zd5e 3 роки тому
He doesn’t know much though... he stated that Scotland and England are countries, which they aren’t.
@Suspended4thYT 3 роки тому
@@user-re9gj2zd5e 1. They are. They are two of the constituent "countries" that make up the nation state, called "The United Kingdom of Great Britain and Northern Ireland" 2. He lives in Edinburgh and studies at Edinburgh University, so I'd say he knows a wee bit about Scotland/England
@ANudeItalianGuy 4 роки тому
Good video in general. However, the term “rig” and “platform” are not always interchangeable. Early on in the platform’s life, there is likely a drilling rig on it to establish the wells, but during the majority of the platform’s production life, it has no drilling rig on it. Its sole purpose is production, therefore a production platform. Source: third generation oil field & engineering degree in petroleum engineering
@ronaldtartaglia4459 4 роки тому
Brandon VanAllen first time I have learned something from the comments. Thank you.
@cryanc 4 роки тому
Brandon's comment sure is a refreshing alternative to the endless amount of stale, played out, and completely retarded memes. 10 years from now, idiots will still be commenting with "hold my beer" on every fkn video.
@brandenward1 4 роки тому
Correct @brandon Other Branden here, former Roughneck. Rarely are they together, unless it's a work over new well on an established platform, or a tiny platform. Most of the time our super gorilla class jack-up would be pulled out to a stump (wellhead marked in the ocean) good times for sure... but I'm glad to be out of it now!
@ANudeItalianGuy 4 роки тому
Branden Ward if you worked on Super Gorillas, sounds like you worked for Rowan
@brandenward1 4 роки тому
@@ANudeItalianGuy I did indeed. I was assigned to the Anchorage when it sank. (We were pulled off the rig the day before) Then down in the yard working on the Mississippi and the Bob Palmer. Got laid off as the Palmer went to its 1st well. Got called back to work on the Ralph Coffman. (All pre ensco merger) Who did you work for?
@ewanchalmers4191 4 роки тому
Am I the only one from Aberdeen that got excited when he started talking about us
@johns5638 4 роки тому
No.
@Jay-zi4bs 4 роки тому
I’m from there too... unfortunately haha
@jazzcats4563 4 роки тому
Nope
@ellacarson2048 4 роки тому
I went there when we visited Scotland
@cryanc 4 роки тому
Nope, you are the only one in the whole wide world of planet earth.
@skyflier8955 4 роки тому
Flew over Galveston last week, and I flew over where they keep the oil rigs, and it was cool to see all the helipads. Thought it was cool that I was able to see that and now look at this, a video on it!
@eamonnprunty 4 роки тому
“Oil prices hovering around $20 per barrel” Jokes on you they fell to less than $0 per barrel yesterday (for west texas intermediate)
@jarynn8156 4 роки тому
That was futures. To buy a barrel of oil today would run you about $20 still.
@123mickymouse123 4 роки тому
Yeah that piece didn't age well. Edit: It is worth noting that this collapse is due to a decreased demand, which in and of itself can be seen as a good thing since it means we are not producing as many greenhouse gases or other forms of waste. The oil industry doing poorly might just be a sign of the world getting a chance to recover.
@funngy1122 4 роки тому
Grog it might be the world Will change a LOT In the next years comming up... after this dissease
@jovenaldomingo1123 2 роки тому
I said it years ago I’ll say it again stop don’t touch under the sea it’s a destruction to nature’s under the sea ground pipe gas black gold all over the world 🌎 oceans is a fall to nature’s world 🌎 07 think joe
@flacjacket 4 роки тому
For those wondering what's up with the strange looking ship at 4:34 that is a bow design called the X-bow by a company called Ulstein. It is what's known as an inverted bow and it grants a number of significant advantages, the most interesting of which is exceptional stability and speed in rough seas. This is a consequence of a sophisticated curve to the front that allows the ship to penetrate through the wave rather than riding over it while distributing the force in such a way that minimizes resistance (and as a consequence minimizes the force being applied to the structure of the hull allowing for a lighter hull). Also it has the added bonus that it means that the boats longest point is at the water line (which improves efficiency as well) and it opens up a lot of interior space in the bow of the ship. These are a fairly recent innovation but expect for this design to become the new normal in time.
@alanrodgers9129 4 роки тому
The pipeline for north sea on the Ineos side comes in from the FPS (Forties), which lands at Cruden Bay, then they mix it with natural gas and then pumped down to Grangemouth which is the largest refinery in Scotland. Most oil from the North Sea either lands at Grangemouth eventually via pipeline or via Sullom Voe terminal in the Shetlands nothing actually comes in via Aberdeen cept where the pipeline hits landfall!
@romerogoon 4 роки тому
Great overview - if any tourists visit Aberdeen then please go visit the Maritime Museum in Aberdeen. It's free, gives a great overview of the industry, and even has a great memorial area for the Piper Alpha incident which taught me more about it than Wikipedia ever did.
@cubicuboctahedron 4 роки тому
Superb timing these past few episodes.
@felixw19 4 роки тому
Last time I was this early you still had to pay money to get oil
@ashleythomashayes6452 4 роки тому
Oil Prices Crash Wendover Productions: Perfect time for a video about oil
@ashleyg429 4 роки тому
I learned about this 1 yr ago. I even went to and offshore drilling museum, an old offshore drilling rig.
@patrioticanarchist991 3 роки тому
Glad its coming back up...things were rough out here for a couple months
@orbemsolis 4 роки тому
"Prices are hovering around 20s of dollars" Out of date as soon as this was published This is the world we live in
@jovenaldomingo1123 2 роки тому
I said it years ago I’ll say it again stop don’t touch under the sea it’s a destruction to nature’s under the sea ground pipe gas black gold all over the world 🌎 oceans is a fall to nature’s world 🌎 07 think joe
@holasoyalejandro9822 4 роки тому
This wendover guy sounds a lot like the guy in Half As Interesting. They should do a colab
@Wileybot2004 4 роки тому
HolaSoyAlejandro They should make a collab channel maybe Half as wendover. Would be neat.
@shawnshibu4174 4 роки тому
You do know they are the same people
@explosivelime8292 4 роки тому
@@shawnshibu4174 You do know that you completely missed the joke
@galvania 4 роки тому
@@shawnshibu4174 woooosh
@professionaldisappointment1654 4 роки тому
@@shawnshibu4174 get wooshed dum dum
@michaelthomas8677 4 роки тому
For a great history of the oil industry in general, I'd recommend "The Prize" by Dan Yergin. Dated, but very interesting and informative! Also, a history of fracking and horizontal drilling would make a good episode for the future. Actually, I think there are tons of subjects in the oil industry that'd make great videos.
@jovenaldomingo1123 2 роки тому
I said it years ago I’ll say it again stop don’t touch under the sea it’s a destruction to nature’s under the sea ground pipe gas black gold all over the world 🌎 oceans is a fall to nature’s world 🌎 07 think joe
@6pixelkid 4 роки тому
I know not a single person cares but my grandfather worked in the North Sea extracting oil and it’s really cool to hear the oil rigs being talked about. (I’d love to show him this video but social distancing and all that)
@yori2088 4 роки тому
Is no-one going to mention that oil is selling for -$40 now?
@michael_betts 4 роки тому
That is oil that will be delivered now, when noone can store it, oil a few months from now is still positive.
@zillanimu 4 роки тому
Time to go buy oil
@chillaxo9863 4 роки тому
@abradolf lincler *wait*
@michael_betts 4 роки тому
@@zillanimu you need to buy it in lots of 1000 barrells, have fun storing it.
@Number9Robotic 4 роки тому
that's like 70% of what the comments here are right now (the rest is jokes about how this vid isn't about planes)
@Kain_Mercer 4 роки тому
NOTIFICATION SQUAD, ASSEMBLE!
@aetu35 4 роки тому
You are second
@Cbassalik 4 роки тому
Indeed
@mr.blonde8808 4 роки тому
notified
@MedicFlyer 4 роки тому
Thank you for another great video
@danchisholm1 3 роки тому
excellent as always
@alanau7946 4 роки тому
Now that Wendover Productions has made a video on offshore oil rigs, we can be sure to expect a global oil crisis soon. This guy predicts global disasters like a psychic.
@artski09 4 роки тому
maybe he is causing them?
@dand5829 4 роки тому
I mean WTI oil prices dropped to -$40 (that's negative) a barrel. You can show up to an oil producer in Oklahoma today and get paid to take a barrel of oil off their hands. I'd call that an oil crisis.
@isse6790 4 роки тому
@@dand5829 Good luck transporting it when you die because of it.
@ThomasBomb45 4 роки тому
@@dand5829 It's actually May oil futures that went negative
@johnletterman4760 4 роки тому
Nah he was probably checking reddit its trending rn
@bruceliang5612 4 роки тому
I learn more from this video,it is unbelievable educating
@smiling5683 4 роки тому
Well Done Sir! Thank you!
@Greywillson58 4 роки тому
*HOLY MOTHERR OF JESUS* A non airplane video from Wendover... _This ought be interesting_
@Brickinasock 4 роки тому
2020: They don't. End of video
@DGSA_MFG Рік тому
Great video! Would love to see a 2022 follow up video to this one!
@bean6781 4 роки тому
When you save this video for the end of the day because you know this is quality content and its good to end on a good channel
@AdrianParsons 4 роки тому
I'm surprised that there was no mention of the Hibernia platform as an example of a crazy drilling platform. In the North Atlantic rigs often have to shut production and move the platform in order to let large icebergs pass (oil rig + iceberg = wrecked oil rig). Hibernia was designed to just let the bergs hit them and then grind the berg to bits. That's crazy.
@C0lon0 11 місяців тому
Or the Pré-sal oil region of Brazil, places were we have to drill holes from 7km under the sea level.
@hamentaschen 4 роки тому
"The sea was angry that day my friends, like an old man trying to send back soup in a deli."
@carlsaganlives4141 4 роки тому
Or an otter trying to swim in oil.
@whocares7144 4 роки тому
Is that from a movie?
@khall187 4 роки тому
Wow incredible timing
@aidandaniels5366 4 роки тому
Me: procrastinates Wendover: posts videos Coronavirus: “you will not be productive during quarantine” Me: accepts that UKposts exists and proceeds to binge that and Netflix for the rest of the day, avoiding work. Next day: cycle repeats
@CharalamposKoundourakis 4 роки тому
A 12 minute video takes up all your day? Damn.
@aidandaniels5366 4 роки тому
Charalampos Koundourakis I don’t remember saying that, if you actually read my comment.
@Feelthefx 2 роки тому
It’s March 2022 and oil is over $100 a barrel
@vrathion1567 4 роки тому
The timing man 👌
@coolgirls1123 4 роки тому
Gotta love the timing
@wjhan Рік тому
I feel like there is a lot more to be said about this topic with recent events in the oil industry
@BobBob-lu7br 4 роки тому
Stock footage of Aberdeen covered in fog. Accurate.
@odinvik7821 4 роки тому
it's better if you can't see it to good
@leemacdonald6533 4 роки тому
@@odinvik7821 😂😂 So true!
@Jdalio5 3 роки тому
The only time i switch off a windover production video before it ends is because i see a different windover video i want to watch more.
@mahdisadeghisadeghi6814 2 роки тому
Amazing and informative
@Elias-kq5fn 3 роки тому
oil drilling at sea not worth it Norway: Hold my beer
@ingosmtheperson3045 3 роки тому
Yes
@ingosmtheperson3045 3 роки тому
Yes
@ingosmtheperson3045 3 роки тому
Yes
@ingosmtheperson3045 3 роки тому
Yes
@Elias-kq5fn 3 роки тому
Yes
@LarbiDiGooner 4 роки тому
Kim Jong un is sick: Real Life Lore talks about North Korea Oil prices plummeted: Wendover talk about oil Are you guys causing this?
@carlsaganlives4141 4 роки тому
"Deep State"
@SkyraHope 3 роки тому
I love Wendover Productions!♥️👍
@divyanshim1 3 роки тому
Perfectly explained!
@Xenuos 4 роки тому
*USA:* Dumps tea into the ocean. *UK:* Dumps oil into the ocean.
@Jod-rh8xx 4 роки тому
At the moment tea is more valuable so its your loss
@AverytheCubanAmerican 4 роки тому
Oil price: drops US: *sweats nervously*
@ronaldtartaglia4459 4 роки тому
You are either Cuban or American make up your mind.
@josephfalvey8008 4 роки тому
Ronald Tartaglia guys should we tell him?
@haimbenavraham1502 4 роки тому
I used to work on offshore drilling platforms, it was a super experience. Now working on fusion reaction....unfortunately less sea breeze.
@JitenderBedwal 4 роки тому
One of the best Thumbnail artworks/images I have seen. Even though I am not interested in Oil Rigs at all, I clicked on it anyway.. :)
@aryasamarth 4 роки тому
what an amazing time to post this. xD
@thomasm.5393 4 роки тому
Did you also get an "aviation alarm" when he said low-cost?
@saracellucci176 3 роки тому
That absolute implosion at the last second on the price graph.
@nicklambert7348 4 роки тому
What a day for this to come out.
@Wrigglenightriddle Рік тому
Okey the video is interesting but i think the title should be how the economics of oil rigs work as it is vastly the subject of the video
@braxtonbarfriquaorme8703 4 роки тому
The Speedwagon Foundation's future looks hard.
@hasugu9825 3 роки тому
Lol
@ariefbudi427 4 роки тому
The timing cannot be better
@baj_shl 2 роки тому
Could hear the happiness in his voice when the Helicopter part came up
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