209 comments on Saturday Open Thread
Comments can no longer be added to this story.
| Show without comments | PDF version
209 comments on Saturday Open Thread
Comments can no longer be added to this story.
| Show without comments | PDF version
Search The Oil Drum with Google
Support The Oil Drum
Recently on TOD:World
TOD:Campfire
TOD:Europe
- Unique Times -- and the Future
- Peak Gold, Easier to Model than Peak Oil? - Part I
- Carbon Capture and Storage
TOD:Canada
- In this house, we obey the laws of thermodynamics!
- The Round-Up: October 24, 2008
- Compressed Air Energy Storage - How viable is it?
TOD:Australia/NZ
- The Bullroarer - Friday 27th November 2009
- International Energy Agency calls 'Peak' on OECD Oil Demand
- Australian Senate: Peak Oil motion defeated 31:6
TOD:Net Energy
Blogroll
Energy Sites
- The Coming Global Oil Crisis
- Die Off
- Dry Dipstick
- Energy Bulletin
- From the Wilderness
- Life After the Oil Crash
- Peak Oil Crisis
- Peak Oil News and Message Boards
- Powerswitch
- Rigzone
- Matthew Simmons
- Wolf at the Door
Environment & Sustainability Sites
- The Daily Green
- EcoGeek
- Eco Street
- Green Car Congress
- Green Options
- green.alltop.com
- Gristmill
- RealClimate
- Sustainablog
- Treehugger
- WorldChanging
Blogs
- Casaubon's Book
- Cleantech Blog
- Clusterf
k Nation (Jim Kunstler) - The Cost of Energy
- David Strahan
- Early Warning
- The Energy Blog
- European Tribune
- GraphOilology
- Health After Oil
- jeffvail.net
- Mobjectivist
- Peak Energy (Australia)
- Peak Energy (USA)
- R-Squared
- Resource Insights
Finance & Economics Blogs
- The Big Picture
- Calculated Risk
- The Crash Course
- Ecological Economics
- Econbrowser
- Environmental Economics
- Infectious Greed
- The Mess That Greenspan Made
- Mish's Global Economic Trend Analysis
Organizations
Peak Oil Primers
Beware email scams!
Beware email scams claiming to be from this site. We do not have any job openings. If anyone contacts you about a job at The Oil Drum, do not reply to them, and definitely do not give them any personal information or send them money. Read more here.
“The aim of every political constitution is, or ought to be, first to obtain for rulers men who possess most wisdom to discern, and most virtue to pursue, the common good of the society; and in the next place, to take the most effectual precautions for keeping them virtuous whilst they continue to hold their public trust.”
—James Madison, FEDERALIST #57 (1787)
User login
Contact
- Content: editors at theoildrum dot com
- Tech support: support at theoildrum dot com
Personnel
- Editors: Nate Hagens, Gail the Actuary, Prof. Goose
- DrumBeat Editor: Leanan
- Contributors: ace, Engineer-Poet, Heading Out, jeffvail, JoulesBurn, Sam Foucher, Robert Rapier
- TOD:Campfire: Glenn, Jason Bradford
- TOD:Europe: Chris Vernon, Euan Mearns, Francois Cellier, Jerome a Paris, Luís de Sousa, Rembrandt, Rune Likvern, Ugo Bardi
- TOD:Canada: benk, Libelle
- TOD:ANZ: Big Gav, Phil Hart, aeldric
- Emeritus: Stuart Staniford
- Technician: Super G
License
This work is licensed under a Creative Commons Attribution-Share Alike 3.0 United States License.










GAIA Host Collective
No, you should never throw any data away. That is one of the golden rules of the scientific method. Yes, I know some statisticians like to throw away outliers, but you really should do this only if you understand what the fundamentals are behind the behavior. In reality, what you want to factor out should be part of the underlying model. I might be misunderstanding you, but why not keep the "premature discoveries" in the model?
Take a look at the discovery curves published by Laherrere.

You can see the bimodal components right there. The problem is that the two modes are highly asymmetric in the discovery profile but not so much in the production profile. My own analysis leads me to believe that the second peak gets strongly accentuated by a strong increase in the extraction rate.
I have never believed in the conventional symmetric Hubbert curves, preferring instead to treat the system as a N-order temporal response to the initial discover stimulus curves.

Ever since about 1995, the extraction rates have progressively climbed so they could keep up with the diminishing returns from the remaining amount.
The full analysis is here
whole production history. They have all sorts of strange profiles due to decisions made by very few people: overproduction (Ghawar?, Romashkino), political issues (Ghawar), accidents (Piper), decline
and then new life due to new technology (Brent), applying secondary and tertiary recovery at the
same time (Cantarell, Ghawar), strikes, terrorism, etc...
When you have fields of average size these kinds of behaviors exist, but they get smoothed because
you add up a lot of the same magnitude.