The Oil Drum | DrumBeat: December 13, 2006

208 comments on DrumBeat: December 13, 2006

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cynus on December 13, 2006 - 10:14am

Can someone point me to predictions of how much new oil capacity is expected to come online in 2007? I seem to remember last year predictions that there would be a large increase in 2006, which never materialized.

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Essex Land Rover Man on December 13, 2006 - 12:20pm

This is a good web site ODAC. Chris Skrebowski has his megaprojects database here. If you click on Assessments and choose Megaprojects pdf. I don't think the pdf is large (4 pages in length) as it doesn't give a size warning.

From an old database of Megaprojects I have added up 2.88 mbpd total with 2.06 mbpd of non OPEC increases for 2006. So far this year it seems that non OPEC production has increased by 0.7 mbpd although that number will change by next March when preliminary numbers from OPEC MOMR come in for 2006. My guess is that the number will decrease as UK, Norway and Mexico have higher 4Q figures than are likely to be realised.

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208 comments on DrumBeat: December 13, 2006

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