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112 comments on DrumBeat: September 7, 2008
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112 comments on DrumBeat: September 7, 2008
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Well, I don't know if it's any good, but adding up the upcoming production from the Gulf states mentioned in the megaprojects list would result in about 8.5 mbd new production coming online in the years 2008-2014. Assuming in good faith that the list has a minimum of completeness regarding major projects (and that my calculation isn't wrong) I think it seems not very likely that the proclaimed increase is decline-adjusted. But then, what do I know?
You probably know more about forecasting future oil production than Proleads does (but they know that marketing and promotion is the bottom line).