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Giant Oil Fields

The evolution of giant oil field production behaviour

in Publications by

Publication date: 2009-03-01 First Published in: Natural Resources Research Authors: M. Höök et al Abstract: The giant oil fields of the world are only a small fraction of the total number of fields, but their importance is huge. Over 50% of the world oil production came from Giants by 2005, and more than haft of…

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Crisis hits North Sea oil search

in Peak Oil by
heritage oil grid

The number of exploration wells being drilled in the North Sea has collapsed by 78% in the first quarter of 2009 compared with the same period last year, according to the most recent industry data from Deloitte, the accounting and consulting firm. The worsening exploration climate could knock 10-15 years of the North Sea’s expected…

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