10 comments on 20 new fields needed every year in the UK
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10 comments on 20 new fields needed every year in the UK
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GAIA Host Collective
This graph is valid for the UK only and shows that doubling the number of small fields will only increase the URR by 2 Gb (Conventional crude oil only). The oil production is entering the tail portion of the parabolic fractal law and there is not much oil left!
and I was hoping to make it to retirement...
BTW, as I have frequently pointed out, the frantic post-peak drilling program in Texas had no discernible impact on production, which has not stopped some state employees from talking about vastly increasing our production through the use of--drumroll please--better technology!
My North Sea (crude + condensate) HL plot (posted courtesy of Khebab): http://static.flickr.com/67/158784886_5c7a813465_o.png
This shows remaining recoverable reserves of about 17 Gb for the entire North Sea.
BTW, did you see the Energy Bulletin article on Holland's gas depletion problem?
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/06/08/cndutch08.xml&menuId=242&s Sheet=/money/2006/06/08/ixcity.html
The North Sea remains a fascinating case history for me because it peaked at exactly the same HL point as the Lower 48, 29 years later than the Lower 48. As I have frequently pointed out, so much for better technology.
You can compare the North Sea HL trend to the HL plots of Texas and the Lower 48 at: http://graphoilogy.blogspot.com/2006/05/texas-and-us-lower-48-oil-production_25.html