<DrumBeat: November 13, 2006 The Oil Drum TOD:UK to become TOD:Europe (and...anyone know anything about wikis?)>

194 comments on Why We (Really) May Have Entered an Oil Production Plateau

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oilmanbob on November 13, 2006 - 12:09pm Permalink | Subthread | Comments top
Khebab, great post again. You always have the real goods.
One slight inaccuracy-Cuba now has some production.

Ouestion: What are Type 1 countries?

Also, why is bitumen production from tar sands included in oil rather than have a separate category? My personal definition of oil is that oil has to flow naturally at 70 degrees farenheight. Since tar has to be either heated ir hydrogenated to flow and costs so much more to produce and refine, shouldn't it be considered either alternative energy like syncrude from coal or perhaps have its own category or one including bitumen from shale too. I think its really just noise on your figures.  

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neuroil on November 13, 2006 - 12:23pm Permalink | Subthread | Parent | Comments top
Type 1 depletion is defined in the Chris Sebrowski article.

I quote :


Type I depletion - is the normal loss of capacity in an oil field as production from wells in one field run down and are offset by new wells or increased production from other existing wells in the field.

I join everybody in the many thanks to Khebab for this data.

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Sam Foucher on November 13, 2006 - 12:24pm Permalink | Subthread | Parent | Comments top
The production numbers are probably inaccurate for small countries.

Ouestion: What are Type 1 countries?

Type I is when an oil field is in decline so all the countries are in fact type I. Type II is when the decline is not showing up on the country total production.

About tar sands, I believe that it should be included (and modeled) as a separated category. Also, the syncrude production  figures should be used, not the raw bitumen which is not the final product (there is 10-20% loss in the upgrading process).

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oilmanbob on November 13, 2006 - 12:24pm Permalink | Subthread | Parent | Comments top
Also, I've heard Aspect Petroleum has found an excellent field in Belieze,through industry sources. But both countries are I'm sure very minor additions to world production.
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plucky underdog on November 13, 2006 - 3:50pm Permalink | Subthread | Parent | Comments top
85 MMbd - (annual decline) + Excellent = ???

Excellent isn't a number.

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pickyreader on November 13, 2006 - 5:28pm Permalink | Subthread | Parent | Comments top
You need to use the da Vinci code.
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porsena on November 13, 2006 - 3:47pm Permalink | Subthread | Parent | Comments top
Cuba: Some information here and here, with production apparently at 0.07 mbpd in 2004 and possibly growing.
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194 comments on Why We (Really) May Have Entered an Oil Production Plateau

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