Filed under: Uncategorized | Tags: crude oil production, depletion, energy, King, Murray, oil production, peak oil
A new article in Nature acknowledges apparent peak in crude oil supply around 2005, and associated bits of nasty math, including depletion of existing supergiant fields and sharp decline in shale gas wells. Here’s the citation for the article:
http://www.nature.com/nature/journal/v481/n7382/full/481433a.html
Murray and King say “we need to start immediately” to mitigate the effects of Peak Oil. But the effects of Peak Oil are already mitigating us.
via Energy Bulletin:
Filed under: Uncategorized | Tags: energy, energy production, North Sea, Norway, oil exports, oil production
http://www.rigzone.com/news/article.asp?a_id=114292&hmpn=1
I guess they didn’t try to sell these discoveries as “game-changers” to their domestic population the way they do in the U.S.
Filed under: Uncategorized | Tags: Cantarell, crude oil, exports, imports, Mexico, oil production, peak oil, Pemex, refining capacity
http://www.marketwatch.com/story/pemex-oil-output-slips-for-7th-year-2011-12-31
Filed under: Uncategorized | Tags: Alaska, Bakken, bell curve, fracking, freaking, Gold Rush, Hubbert's Peak, hydraulic fracturing, Klondike, Montana, Nome, North Dakota, North Slope, oil production, peak oil, Prudhoe Bay, shale oil, shale plays, Sutter's Mill, tight oil
This is an excellent article by Derik Andreoli, looking at the historical big picture of American extraction booms.
The Oil Drum | The Bakken Boom – A Modern-Day Gold Rush.
Filed under: Uncategorized | Tags: crude plus condensate, Jeffrey Brown, oil production, peak oil, petroleum, production prediction, westtexas, Yergin
Chart by Jeffrey Brown (aka “westtexas”).
Filed under: Uncategorized | Tags: OECD, oil, oil consumption, oil exports, oil production, OPEC
Based on BP Statistical Review of World Energy…
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First sentence of the abstract of an article by Gagnon, Hall, Brinker, 1999. Raises spectre of badly declining EROI.
Article added to ENERGY AND TRANSPORT PAGE.
Just a quick reminder … if your barrels require more and more energy to produce, you will need more and more barrels to maintain the same level of net energy.















