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GAIA Host Collective
In aggragate the field will decline at a faster rate independant of number of wells drilled. By not admitting that fields have peaked and having to alter demand to meet gradually reducing supply on the backside, we (society at large and the owners of Cantarell in particular) are setting ourselves up for a much, much more rapid decline in oil supply at a later date. Working harder to extend the plateau makes the decline that much worse, when it finally can't be put off any longer.
In my mind this is the greatest danger of not accepting (as oppossed to theoretically believing in) peak oil. Not dealing with the issue makes it worse in the long run.