What is Peak oil?
"The term Peak Oil refers to the maximum rate of the production of oil in any area under consideration, recognising that it is a finite natural resource, subject to depletion."
Submitted by admin on Sat, 2002-09-28 13:26.
ASPO is a network of scientists and others, having an interest in determining the date and impact of the peak and decline of the world's production of oil and gas, due to resource constraints. Read more.
On this page you will find news related to ASPO International, or any of its national organizations. For more news related to Peak Oil, see the News section on our links page.
Submitted by Kjell Aleklett on Sun, 2013-12-08 07:27.
On December 9th, the day before the Nobel Prizes are handled out in Stockholm, there is a "Nobel Week Dialogue" in Gothenburg. This year's theme is "Exploring the Future of Energy" and participating Nobel Laureates are presented by the organizers. My contribution to the dialogue is now published by Svenska Dagbladet on “Brännpunkt” under the heading "Now we need new energy systems" (Read the article in Swedish on Brännpunkt).
Submitted by Kjell Aleklett on Fri, 2013-11-22 02:52.
By Kjell Aleklett
The largest oilfield in the USA south of Canada is said to be the East Texas Oilfield. (The largest oilfield in the USA is Prudho Bay in Alaska).Since I began my research on oil in 2003 my mental image of the East Texas Oilfield has been the graph of production from that field that Jean Laherrère used to present and update every year. The latest version is updated for 2012. We see that production reached a maximum in 1933 and then declined until the 1960s when they began to pump water into the field to raise its pressure. Production then increased for some years before beginning to decline once again. Since the middle of the 1990s production has crashed.
Submitted by Kjell Aleklett on Thu, 2013-11-14 14:30.
By Kjell Aleklett
Last year the IEA focused on shale oil in the USA as their main story and the news spread around the world that the USA would overtake Saudi Arabia as the world’s leading oil producer.
Submitted by Kjell Aleklett on Sun, 2013-11-10 14:49.
A travel report by Kjell Aleklett, Uppsala University and University of Texas at Austin
Production of “oil” from the Eagle Ford Shale has now passed one million barrels per day (1 barrel is 159 litres). During the next three years we can expect to see production increase further. Every month, all oil and gas producers in Texas (including producers of conventional oil and gas) must report their production to the Railroad Commission of Texas, RRC.
Submitted by Kjell Aleklett on Mon, 2013-09-16 12:32.
The fact that they have now begun to produce oil from Kashagan and that we know the project costs are $48 billion gives me reason to look at a report that Goldman Sachs presented in March 2012, ”360 projects to change the world”. They have studied how much oil and gas the various projects are planned to deliver and the very interesting information on what oil price is needed for the projects to be profitable. The fact that all new projects need financiers means that new projects are well documented. This also makes it possible to do this analysis. The analysis can be seen as one of optimal possible new future oil production.
Submitted by Kjell Aleklett on Wed, 2013-09-11 21:21.
Network Oil & Gas (NOG) was formed in Sweden 12 years ago. It is a forum for training, exchange of experience and debate on issues that affect the use and significance of fossil fuels. During a year, NOG aims to organise approximately six symposia. Last Monday’s symposium was titled, “Perspective on future oil use” and was the 69th to be held. I was most recently invited to deliver a lecture for NOG in 2004 but as early as 2001 I was invited to present at one of their symposia that they had organised to examine the extent of public interest in issues regarding oil and gas. Last spring it was discussed that I would be invited to present a lecture on my book “Peeking at Peak Oil”. During the summer, Staffan Riben, the chairperson for the program committee and the moderator of the symposium read my book.
Submitted by Kjell Aleklett on Tue, 2013-09-03 17:33.
Nobody denies that there is a connection between economic growth and oil consumption. The clearest signal came in 2008-9 when the world economy crashed at the same time as oil production sank dramatically. If one is to describe this in a little more detail then it is not oil production itself that is decisive rather than that part of oil production that passes through the world’s refineries and then becomes transport fuel. Transportation of raw materials and components for manufacturing of goods, transportation of products to retail outlets and, finally, transport of customers to those outlets is the chain that gives economic growth. Therefore, it can be interesting to study what passes through refineries, where it is, and what refinery products are produced.
Submitted by Kjell Aleklett on Sun, 2013-09-01 12:50.
The U.S. Geological Survey has, in collaboration with the U.S. Fish and Wildlife Service, issued a report with the title, “Hydraulic Fracturing Fluids Likely Harmed Threatened Kentucky Fish Species” (read the report). They assert:
Hydraulic fracturing fluids are believed to be the cause of the widespread death or distress of aquatic species in Kentucky's Acorn Fork, after spilling from nearby natural gas well sites. These findings are the result of a joint study by the U.S. Geological Survey and the U.S. Fish and Wildlife Service. The Acorn Fork, a small Appalachian creek, is habitat for the federally threatened Blackside dace, a small colorful minnow.
Submitted by Kjell Aleklett on Tue, 2013-08-27 14:36.
The American shale gas revolution began in the area that goes under the name of the Barnett Shale. On the map above you can see active permits and wells. The Railroad Commission of Texas (RRA) is the organization that holds responsibility for the official oil- and gas-statistics in Texas. On 22 August 2013 the RRA published the latest statistics on the Barnett Shale (see report). The official name of the area that lies from southwest to northwest of Dallas is not the Barnett Shale but, rather, “The Newark, East Field”. According to the RAA the area is 13,000 square kilometres in size and in Sweden the area of Uppland is a comparable size, 12,676 square kilometres.