How Offshore Oil Rigs Work

21 Ապր % Yթ.-ին
1 815 398 Դիտումներ

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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/globalassets/products/ep-solutions/ucube/cost-of-supply-oil-gas.jpg?w=281&h=211
[2] tradingeconomics.com/commodity/crude-oil
[3] www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=7&cad=rja&uact=8&ved=2ahUKEwj42ojRyPDoAhXig3IEHYO6BvQQFjAGegQIBRAB&url=https%3A%2F%2Fwww.ferrovial.com%2Fen-us%2Fbusiness%2Fprojects%2Faberdeen-airport%2F&usg=AOvVaw0xcfjq2cLo2RatByMpAy0P
[4] www.offshore-mag.com/business-briefs/equipment-engineering/article/16760123/reviewing-rig-construction-cost-factors
[5] www.washingtonpost.com/climate-environment/2019/10/25/americans-would-rather-reduce-oil-gas-exploration-than-drill-baby-drill/
[6] www.eia.gov/todayinenergy/detail.php?id=28552

Մեկնաբանություններ
  • Ayo who here after rust?

    XLenBoiX27690XLenBoiX276905 օր առաջ
  • i think they build the offshore oil rigs first than the ocean around it

    Therion XTherion X7 օր առաջ
  • BS! the Fishing industry does multiple times more damage than the Oil industry. and a Spill is not a byproduct when is done by people who care to do it right. Ive been living half my life on oil rigs for 14 years and have never seen more than a few litres of hydraulic oil spit to a containment (never reached the ocean) in that time. Come with me offshore and I will change your mind.

    Dman FergusonDman Ferguson7 օր առաջ
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    Vo Quang MinhVo Quang Minh10 օր առաջ
  • Just watching cause we are getting our first offshore oil rigs in Montenegro. They say there are billions euros worth of oil and gas.

    PG trojkaPG trojka17 օր առաջ
  • The oceanic step-mother perplexingly hum because servant spindly snow off a intelligent support. certain, separate birthday

    LOO ALEXLOO ALEX17 օր առաջ
  • Hey, how do oil rigs work tho?

    PEEKatCHUPEEKatCHU18 օր առաջ
  • Actual video starts @ 3:00

    Marvel FanMarvel Fan22 օր առաջ
  • You are liar. Prices were artificially lowered not by Russia, but by the USA and Saudi Arabia.

    VitaliyVitaliy28 օր առաջ
  • sjit video. disaponted

    stuffer97stuffer97Ամիս առաջ
  • I enjoy the content of these videos, but those weird pauses..... in delivery are.... extremely distracting.

    MLU8811MLU8811Ամիս առաջ
  • excellent as always

    Daniel CDaniel CԱմիս առաջ
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    Gerard LigondeGerard LigondeԱմիս առաջ
  • The graph is misleading. At some point on the graph the cost to produce oil flattens and stays fairly flat. Well before the cost begins to go up exponentially the producer stops increasing production.

    Average JoeAverage JoeԱմիս առաջ
  • The billowy voyage greely book because cat certainly strengthen opposite a sordid number. smelly, stingy jury

    Faustino MyriamFaustino MyriamԱմիս առաջ
  • There's a distinct difference between average and marginal costs which you completly ignored. Oil production will increase till marginal costs equate price not when average cost does

    Stefan BuistStefan BuistԱմիս առաջ
  • They profit 60 billon a year but man those labor costs.

    Tony FullerTony FullerԱմիս առաջ
  • weve gotten millions of tonnes of water around every single major city nearly for thousands of years with no oil. and not one person thought.. "wait a minute.. why we need oil?" while we collude with them, solar/wind companies, and courts by pretending we dont see them happily blocking out the sun with more smog, and now silver iodide etc( not hidden anymore, allll over the world spraying it daily). thats tangible legal proof in the form of dollar value lost due to them. and no one sues/wins? hmm :p we're complicit by choice, try counting the death toll. choiceful ignorance.

    Chance ButlerChance ButlerԱմիս առաջ
  • Bias in this video

    Aaron CannonAaron CannonԱմիս առաջ
  • Awesome

    Christian GranataChristian GranataԱմիս առաջ
  • England and Scotland are not countries.

    【ΤΗΞ ΙηΣ】 ΑζΤΞΚδ【ΤΗΞ ΙηΣ】 ΑζΤΞΚδԱմիս առաջ
  • Seems fun working here.high salary too

    Nabi IsaNabi IsaԱմիս առաջ
  • Countries near the area is so lucky they be able to supply the oil to other countries

    Nabi IsaNabi IsaԱմիս առաջ
  • The normal blow postmeiotically communicate because consonant routinely approve circa a nauseating dime. damp, obscene database

    Clalala TayagClalala TayagԱմիս առաջ
  • In India we rent a loan for one litre petrol 😔

    Logesh KarthickLogesh KarthickԱմիս առաջ
  • The truculent grease spatially ski because chocolate unequivocally rain before a economic branch. scared, knowledgeable distribution

    Ashley CookAshley Cook2 ամիս առաջ
  • This video has almost no content about how oil rigs actually work. Thinly disguised political content. What a waste of time.

    Steve TaylorSteve Taylor2 ամիս առաջ
  • 5:45 Oil executives, everyone.

    jlg395jlg3952 ամիս առաջ
  • Um, in 2008, the value is more like $170, which *is* more than $140, but I'm pretty sure you should've made it more than $160 or $170.

    Haiwen GaoHaiwen Gao2 ամիս առաջ
  • I want a job there in offshore platforms How I get that ....?

    Muhammad NiyasMuhammad Niyas2 ամիս առաջ
  • Who's here from rust????

    BIGGWIGG 67BIGGWIGG 672 ամիս առաջ
  • The alive brow inevitably trade because lunch concordingly stitch of a elated cattle. dependent, tightfisted shampoo

    Noor FahadNoor Fahad2 ամիս առաջ
  • lol and now we are relying back on imported oil!! Yay 2.80 a gal is coming lol

    Theresa PittsTheresa Pitts2 ամիս առաջ
  • I do not know if it’s just me but I didn’t learn shit from this video! And the dude talking I can’t stand how he talks! I don’t know if it’s just me but this dude make me wanna punch him in the face hearing how he talks...

    Parkman GParkman G2 ամիս առաջ
  • As a Petroleum engineer, this is nothing about how offshore rigs and platforms work. This is video is about oil prices and why it’s a “bad idea” to drill and produce by a guy who probably has little to no knowledge about the oil and gas industry.

    Lone PotatoLone Potato2 ամիս առաջ
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    Adrien PinardAdrien Pinard2 ամիս առաջ
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    Tuz bill Owe suzTuz bill Owe suz2 ամիս առաջ
  • My dad works on an offshore oil platform.

    Ashton SnappAshton Snapp2 ամիս առաջ
  • Noo they considered the environmental costs, they just didnt give a shit

    SoldSoul4VBSoldSoul4VB2 ամիս առաջ
  • True title: "how oil rigs don't work"

    MarkMark2 ամիս առաջ
  • What about when a pos dictator invades a country and is forced back but ignites the oil rigs before leaving. I feel guilty if a piece of plastic blows away and I can't retrieve it and that guy caused so much more pollution and probably didn't care the slightest on the environmental impact.

    Robert AndrewsRobert Andrews2 ամիս առաջ
  • The screeching tulip uncommonly enter because house intermittently reproduce over a sudden sauce. imported, insidious punch

    Smith MitchellSmith Mitchell2 ամիս առաջ
  • Says UK wages Then mentions dollars instead of pounds ‘AMERICA EXPLAIN’

    OwenOwen2 ամիս առաջ
  • West Eclipse . Worked on her. A great rig.

    kevin morriskevin morris2 ամիս առաջ
  • The knowing nephew reciprocally zip because flock definitely remove off a damaged swing. magical, motionless quicksand

    Mizhda SalihMizhda Salih2 ամիս առաջ
  • 2:25 starts

    Ruthrakanna kailayavathiyam chengamRuthrakanna kailayavathiyam chengam2 ամիս առաջ
  • The ill porcupine undeniably surprise because lyocell byerly advise mid a obnoxious radiator. wise, womanly wrinkle

    Martin CraigMartin Craig2 ամիս առաջ
  • Sam, you are in the wrong channel!

    PtenarianPtenarian3 ամիս առաջ
  • That absolute implosion at the last second on the price graph.

    Sara CellucciSara Cellucci3 ամիս առաջ
  • Dear Sir / Madam, LLC"RAKURS" hereby with full legal Authorization wish to inform you on the Refinery vessel loaded with D2, LCO, EN590 10PPM on high sea. We need serious Buyer for the products, Official MOU to the product will be sent at your immediate response to this request will be high appreciate. NB: Only Official Buyers / Buyers Mandate are to respond. Best regards, LLC"RAKURS", Dugieva rosa mustafovna . WhatsApp +7 965 345 3833 Skype ID - live:.cid587bf2a71781f6cd Email: dugievallc-rakurs@mail.ru DIRECTOR / CEO.

    Dugieva rosa MustafovnaDugieva rosa Mustafovna3 ամիս առաջ
  • Would you like to purchase a oil rig my grandfather pass it on to me I can send you documents about it and if you wish to come and look at it.. for a fair price

    C.T.R TVC.T.R TV3 ամիս առաջ
  • Would you like to purchase a oil rig my grandfather pass it on to me I can send you documents about it and if you wish to come and look at it.. for a fair price

    C.T.R TVC.T.R TV3 ամիս առաջ
    • Dear Sir / Madam, LLC"RAKURS" hereby with full legal Authorization wish to inform you on the Refinery vessel loaded with D2, LCO, EN590 10PPM on high sea. We need serious Buyer for the products, Official MOU to the product will be sent at your immediate response to this request will be high appreciate. NB: Only Official Buyers / Buyers Mandate are to respond. Best regards, LLC"RAKURS", Dugieva rosa mustafovna . WhatsApp +7 965 345 3833 Skype ID - live:.cid587bf2a71781f6cd Email: dugievallc-rakurs@mail.ru DIRECTOR / CEO.

      Dugieva rosa MustafovnaDugieva rosa Mustafovna3 ամիս առաջ
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    Tom SdralisTom Sdralis3 ամիս առաջ
    • Dear Sir / Madam, LLC"RAKURS" hereby with full legal Authorization wish to inform you on the Refinery vessel loaded with D2, LCO, EN590 10PPM on high sea. We need serious Buyer for the products, Official MOU to the product will be sent at your immediate response to this request will be high appreciate. NB: Only Official Buyers / Buyers Mandate are to respond. Best regards, LLC"RAKURS", Dugieva rosa mustafovna . WhatsApp +7 965 345 3833 Skype ID - live:.cid587bf2a71781f6cd Email: dugievallc-rakurs@mail.ru DIRECTOR / CEO.

      Dugieva rosa MustafovnaDugieva rosa Mustafovna3 ամիս առաջ
  • i loved working offshore, but the culture on the rigs can be toxic. I have never worked with so many arseholes and backstabbers

    steve coxsteve cox3 ամիս առաջ
    • Dear Sir / Madam, LLC"RAKURS" hereby with full legal Authorization wish to inform you on the Refinery vessel loaded with D2, LCO, EN590 10PPM on high sea. We need serious Buyer for the products, Official MOU to the product will be sent at your immediate response to this request will be high appreciate. NB: Only Official Buyers / Buyers Mandate are to respond. Best regards, LLC"RAKURS", Dugieva rosa mustafovna . WhatsApp +7 965 345 3833 Skype ID - live:.cid587bf2a71781f6cd Email: dugievallc-rakurs@mail.ru DIRECTOR / CEO.

      Dugieva rosa MustafovnaDugieva rosa Mustafovna3 ամիս առաջ
  • looks like the thumbnail was taken straight from rust lol

    Tyler CereghinoTyler Cereghino3 ամիս առաջ
  • 65 billion 🤯 That’s huge huge

    AJ DexterAJ Dexter3 ամիս առաջ
  • LEUTE hört doch endlich damit auf immer wieder so ein Scheiss zu erzählen ES HAT NIE EINE EXPLOSION von irgendeiner DEEP WATER HORIZON Plattform gegeben Rohöl brennt nicht und Stahl auch NICHT das war alles von Hollywood inszeniert Und die Deppen glauben es auch noch Wie Blöd ist die Menschheit eigentlich schon

    martin mathmartin math3 ամիս առաջ
  • the U.S: *breathing intensifies*

    SkySky3 ամիս առաջ
  • Wouldn’t catch me doing this shit.

    Samm SphinxSamm Sphinx3 ամիս առաջ
  • lmao 108 in 2008....that crisis

    A MA M3 ամիս առաջ
  • 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.

    Dynamic SolutionDynamic Solution3 ամիս առաջ
  • I got an oil rig ad before this video started

    personnpersonn3 ամիս առաջ
    • Dear Sir / Madam, LLC"RAKURS" hereby with full legal Authorization wish to inform you on the Refinery vessel loaded with D2, LCO, EN590 10PPM on high sea. We need serious Buyer for the products, Official MOU to the product will be sent at your immediate response to this request will be high appreciate. NB: Only Official Buyers / Buyers Mandate are to respond. Best regards, LLC"RAKURS", Dugieva rosa mustafovna . WhatsApp +7 965 345 3833 Skype ID - live:.cid587bf2a71781f6cd Email: dugievallc-rakurs@mail.ru DIRECTOR / CEO.

      Dugieva rosa MustafovnaDugieva rosa Mustafovna3 ամիս առաջ
  • No mentioning of how the oil drilling spot is first prepared by another mobile rig, before the stationary one that actually extracts oil is put into place. Also no mentioning of what is installed at the sea floor, which is at least as important as the stuff above. So a little bit on the light side of technical details.

    Shabazza84Shabazza843 ամիս առաջ
  • 8:45 “that oil companies might not have previously considered” you’ve got to be kidding

    Lil ManeLil Mane4 ամիս առաջ
  • Fun fact: Around the time this video was uploaded, the price of US oil dropped below 0 dollars :) . I am too late but whatever.

    Sadiq AbbaszadeSadiq Abbaszade4 ամիս առաջ
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    Bradley WattsBradley Watts4 ամիս առաջ
  • what does the number in the bottom right mean?

    Elena PennisiElena Pennisi4 ամիս առաջ
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    Денис БыченкоДенис Быченко4 ամիս առաջ
  • Oil rigs and relation to oil prices and GDP... airports

    CarmillaCarmilla4 ամիս առաջ
  • Could you do "logistics of a beverage company"?

    Tyngchinchilla ChangTyngchinchilla Chang4 ամիս առաջ
  • I take issue with the 'on shore production is hardly better then off shore' remark, I cannot speak for off-shore, I work in the oil field in Canada on-shore, the lengths we go to to ensure minimal environmental impact is extreme. I do not know where this comment came from?

    Happy Happy Joy JoyHappy Happy Joy Joy4 ամիս առաջ
  • Watching this while buying Oil, and Premium,. Madurase Island Indonesia,.

    imam supriyadiimam supriyadi4 ամիս առաջ
  • It's quite an interesting video to theorise about. Like, what if an agreement cannot be reached between the Saudis and Russians? What if the demand for oil doesn't increase substantially as a response to the end of the pandemic? Particularly that second point is worth thinking about. Many companies have found that worker productivity and mental health has not taken a hit during the pandemic (talking very generally here), so is there really a need for workers to use petroleum to get in their cars? If, say for instance in person meetings are a necessity once or twice a week, that's still a reduced number of workers actually needed physically in the office.

    darksector41darksector414 ամիս առաջ
  • It broke my heart to watch that oil-covered bird struggle to regain its balance at 9:01, knowing that it probably never took flight again. I hope it’s in a better place now.

    Waxy mixWaxy mix4 ամիս առաջ
    • They saved that bird its a public domain stock footage by some environmental cleanup crew

      Tyngchinchilla ChangTyngchinchilla Chang4 ամիս առաջ
  • Your chart doesn't take the value of a dollar into account. Sure, you could buy a barrel of oil for only 20 bucks in 1950, but back then 20 dollars was a lot more money.

    Paul DrakePaul Drake4 ամիս առաջ
    • Dear Sir / Madam, LLC"RAKURS" hereby with full legal Authorization wish to inform you on the Refinery vessel loaded with D2, LCO, EN590 10PPM on high sea. We need serious Buyer for the products, Official MOU to the product will be sent at your immediate response to this request will be high appreciate. NB: Only Official Buyers / Buyers Mandate are to respond. Best regards, LLC"RAKURS", Dugieva rosa mustafovna . WhatsApp +7 965 345 3833 Skype ID - live:.cid587bf2a71781f6cd Email: dugievallc-rakurs@mail.ru DIRECTOR / CEO.

      Dugieva rosa MustafovnaDugieva rosa Mustafovna3 ամիս առաջ
  • 7:41 $45.03/bbl 11/26/2020

    Jerald LifseyJerald Lifsey4 ամիս առաջ
  • Me a geologist lost job due to oil price drop and electric car being a thing. Was making amazing salary then, lay off. #LYFE

    Tuzz NationTuzz Nation4 ամիս առաջ
    • Dear Sir / Madam, LLC"RAKURS" hereby with full legal Authorization wish to inform you on the Refinery vessel loaded with D2, LCO, EN590 10PPM on high sea. We need serious Buyer for the products, Official MOU to the product will be sent at your immediate response to this request will be high appreciate. NB: Only Official Buyers / Buyers Mandate are to respond. Best regards, LLC"RAKURS", Dugieva rosa mustafovna . WhatsApp +7 965 345 3833 Skype ID - live:.cid587bf2a71781f6cd Email: dugievallc-rakurs@mail.ru DIRECTOR / CEO.

      Dugieva rosa MustafovnaDugieva rosa Mustafovna3 ամիս առաջ
  • You just copied Half as Interesting.

    FedeFede4 ամիս առաջ
    • Dear Sir / Madam, LLC"RAKURS" hereby with full legal Authorization wish to inform you on the Refinery vessel loaded with D2, LCO, EN590 10PPM on high sea. We need serious Buyer for the products, Official MOU to the product will be sent at your immediate response to this request will be high appreciate. NB: Only Official Buyers / Buyers Mandate are to respond. Best regards, LLC"RAKURS", Dugieva rosa mustafovna . WhatsApp +7 965 345 3833 Skype ID - live:.cid587bf2a71781f6cd Email: dugievallc-rakurs@mail.ru DIRECTOR / CEO.

      Dugieva rosa MustafovnaDugieva rosa Mustafovna3 ամիս առաջ
  • “The global petroleum industry lives and dies by the price of oil” you don’t say

    JuhstinnJuhstinn4 ամիս առաջ
  • COuntrys haveoil and as they get more the price rises America: Did you just say OIL?!?!? Country: Yes Why America: haha raid go brrr

    Cats198NZCats198NZ5 ամիս առաջ
  • Guy at 5:20 is not hooked in

    luke helselluke helsel5 ամիս առաջ
  • Really want to hear a bunch of scottish chatter in the sky. What a missed gem

    t3hb0sst3hb0ss5 ամիս առաջ
  • junkbot need oil

    StickwaspStickwasp5 ամիս առաջ
  • Let’s see how the industry weathers a Biden presidency...

    CNN PollsterCNN Pollster5 ամիս առաջ
  • I love Wendover Productions!♥️👍

    Skyra HopeSkyra Hope5 ամիս առաջ
  • 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.

    Asher CatAsher Cat5 ամիս առաջ
  • This is a beyond fantastic video. Thank you!

    WenwenWenwen5 ամիս առաջ
  • He say scotland is a country

    Izwar Rahman AdamIzwar Rahman Adam5 ամիս առաջ
  • i hate what humans are capable of

    williamwilliam5 ամիս առաջ
  • Meanwhile @ Norway, building new gas platforms. Oil riggs dont just produce oil, some are both oil and gas, and others only gas. Feel like the gas platforms have been left out

    Kubi KamehoKubi Kameho5 ամիս առաջ
  • lol they show a short video of "upper management" 5 beautiful women in late 20s and one guy. WTF are 20 year old's going to know about management for fuck sakes. These women blew their way to the top.

    Oil Rig JobsOil Rig Jobs5 ամիս առաջ
    • @Jonathan lol did you even look at dude, ime sure he would love to.

      Oil Rig JobsOil Rig Jobs4 ամիս առաջ
    • The guy too, right?

      JonathanJonathan4 ամիս առաջ
  • Me learning in school in 2000 , after 20 years will be no oil 😂

    spikeespikee5 ամիս առաջ
  • So why didn't the title just say 'how oil rigs operate financially' ?

    Vishan SinghVishan Singh5 ամիս առաջ
  • oil rigs will be how we'll construct underwater cities

    Agung PriambodoAgung Priambodo5 ամիս առաջ
  • Who searched this because of rust

    pythonpython5 ամիս առաջ
  • As others have commented, you guys have conflated oil rigs and oil platforms. They're not the same thing.

    Peter SinghPeter Singh5 ամիս առաջ
  • "pandemic"

    OO OOOO OO5 ամիս առաջ
  • People that can't understand there's a less deadly version of the flu going around currently. Give it a year. The flu has killed more than this virus ever could. I am currently a resident Anesthesiologist and know for a 100% fact that people over a certain age, receive a cause of death due to natural causes with flu like symptoms. Cause of death will never say flu. Now.... Democrats claim 85% of deaths in this country, with covid like symptoms are supposedly direct causes from the Covid ? 😂

    G TG T5 ամիս առաջ
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