The Oil Drum | Where Supply Increases Come From

60 comments on Where Supply Increases Come From

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Matt on October 4, 2005 - 4:50am

Stuart, you used production data from the BP statistical review. Are you really sure whether these are reliable? (We know the reserve data are not). In M.R. Simmons' "Twilight in the desert" SPE papers refered to 8 million barrels/day for 1994, while the BP statistics show 9 mb/d

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coffee17 on October 4, 2005 - 10:10am

I'm sure that if you pointed out a more reliable source of numbers, that Stuart would be happy to use them. He's pointed out many times, that the numbers will often be off less than 5% from other sources. That shows that there's noise in the data and it's likely not perfect. But you go to war with the army you have ;)

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60 comments on Where Supply Increases Come From

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