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westexas on January 13, 2006 - 3:52pm Permalink | Subthread | Parent | Comments top
Through the end of 2005, total North Sea oil production--as predicted by the Hubbert/Deffeyes method--is down 25% from its 1999 peak.   I would call that a collapse.   Given the estimate of remaining reserves, I don't see any alternative to continued sharp declines in production.
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Nick Rouse on January 13, 2006 - 6:25pm Permalink | Subthread | Parent | Comments top
The UK part of that has droped from 2.693mbpd in January 2000 to 1.378mbpd in September 2005 a drop of 51% That must be a collapse by any standard.
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