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Oil Depletion

Peak Oil is still our future’s reality

in Peak Oil by
dino-peak-oil

(This is the final reply in the discussion on “The falling oil price may presage a future recession.”) In reply to my previous contribution, “The falling oil price may presage a future recession,” Civil Economist Magnus Grill (19 October in Swedish) says that I assert, “that Peak Oil does not mean that oil will run…

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Better understanding urged for rapidly depleting reserves

in Publications by
publications

Publication date: 1997-04-07 First published in: Oil & Gas Journal Authors: Colin J. Campbell Abstract: In the worst days of the Battle of Britain, military commanders had to balance the need to commit fighter planes to defend the capital against having enough in reserve for later attacks. They had to have accurate information on the…

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The evolution of giant oil field production behaviour

in Publications by
publications

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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IEA is down scaling its forecast of future oil production

in Non-Renewable Energy by
oil barrels

Downscaling from 116 Mbpd to 100 Mbpd is the first step of three that IEA must take when it comes to oil production in 2030. Energy Watchdog Warns Of Oil-Production Crunch The world’s premier energy monitor is preparing a sharp downward revision of its oil-supply forecast, a shift that reflects deepening pessimism over whether oil…

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