Stories tagged with "matthew simmons"
Book Review - Crude World: The Violent Twilight of Oil
Posted by Robert Rapier on September 22, 2009 - 2:00pm
Topic: Supply/Production
Tags: book review, matthew simmons, oil companies, oil consumption, oil exploration, oil production, peter maass [list all tags]
Introduction
It succors and drowns human life. And for the last eight years, oil — and the people and places that make it — was my obsession. - Peter Maass
Today a new book by Peter Maass was released. The book is called Crude World: The Violent Twilight of Oil. Peter Maass is a name you may know from a 2005 article that he wrote for the New York Times called The Breaking Point. The story was a comprehensive look at where he thought oil production/prices were headed - and what the implications might be. Maass focused on Saudi Arabia in the article, and spent a lot of time covering Matt Simmons' viewpoints. It was after reading this story that New York Times columnist John Tierney offered to bet Simmons on the future direction of oil prices. Thus arose the Simmons-Tierney bet.
I thought Maass' 2005 article was well-researched, and it was a captivating read. So when Mr. Maass e-mailed and asked if I would like a copy of his new book, I thought it would probably be a book I would enjoy. I still have a stack of books that have been sent to me to review, but I jumped this one to the front of the queue. I hadn't really intended to, as I am working on two other books right now*, and would normally finish those before starting another. But once I picked this book up and started thumbing through it, I couldn't put it down.
Simmons: Energy Optimists vs Energy Pessimists (and Understanding EIA Data)
Posted by Gail the Actuary on April 11, 2009 - 10:57am
Topic: Supply/Production
Tags: eia, matthew simmons [list all tags]
This is a link to Matt's presentation that goes with this video.
World Energy Interview with Matt Simmons - Inside Look at the Past 16 Years
Posted by Gail the Actuary on March 21, 2009 - 9:18am
Topic: Economics/Finance
Tags: matthew simmons, video [list all tags]
Wish to watch older shows of Reality Check? Go to World Energy.
Matt Simmons' Video on Oil and Gas Markets
Posted by Gail the Actuary on March 7, 2009 - 3:23pm
Topic: Supply/Production
Tags: gas markets, matthew simmons, oil markets [list all tags]
The video is 32 minutes long. The slides can be found here. Comments on the World Oil Blog can be found here. Leave your comments below the fold.
Saudi Arabia's Crude Oil Production Peaked in 2005
Posted by ace on March 3, 2009 - 10:24am
Topic: Supply/Production
Tags: ali al-naimi, aramco, jack zagar, jean laherrère, matthew simmons, opec, original, peak oil, saudi arabia [list all tags]
Saudi Arabia's historical crude oil production indicates a peak of 9.6 million barrels/day in 2005. In 2008, crude production was 9.3 mbd. In 2009 it is forecast to be 8.1 mbd followed by an increase in 2010 to 8.5 mbd. Unfortunately, after 2010 a steady decline is forecast.
The forecast production profile assumes that Saudi Arabia's ultimate recoverable crude oil reserves (URR) are 185 billion barrels (Gb). However, it is possible that Saudi Arabia could have an additional 25 Gb from discovered undeveloped fields and future discoveries. A higher URR of 210 Gb implies that the additional production increment could decrease the total decline rate from about 2015 as shown by the dashed line in the chart below.

The URR estimates in the chart above are made by using secondary data sources. In this time of economic crisis, it would appear appropriate for Saudi Arabia's oil fields to be publicly audited. The full disclosure of total remaining reserves, by field, would enable more effective future oil production and consumption planning in this post peak oil age.
Peak Oil Media IEA 2008 WEO Edition
Posted by JoulesBurn on December 18, 2008 - 7:07pm
Topic: Supply/Production
Tags: fatih birol, iea weo 2008, matthew simmons, robert hirsch [list all tags]
Floating Offshore Wind Power
Posted by Big Gav on December 9, 2008 - 10:33am in The Oil Drum: Australia/New Zealand
Topic: Alternative energy
Tags: blue h technologies, floating offshore wind power, matthew simmons, norway, offshore wind power, statoilhydro, sway, wind power [list all tags]
Matthew Simmons has received quite a bit of press in the past week, after his Ocean Energy Institute floated a proposal to build a $25 billion, 5 GW wind farm in the Gulf of Maine.
Offshore wind farms have a number of advantages over their land based equivalents - they are less hazardous to wildlife, have fewer objections raised on NIMBY concerns and winds are generally stronger over the oceans than they are over land.
Ideally, offshore wind farms will be far enough away from land to avoid being seen from the shoreline, eliminating any residual objections from local residents. Current offshore projects tend to site turbines in waters less than 20 metres deep - going further offshore would mean locating them at depths of 50 meters or more, which is too deep to build supporting towers or trusses down to the sea floor at an affordable cost.
A solution to this problem is floating platforms - one of the key elements of the Ocean Energy Institute proposal. In this post I'll look at some of the work being done to develop floating offshore wind power platforms in order to enable these sorts of schemes to become a reality.
Worthwhile Videos
Posted by Gail the Actuary on October 12, 2008 - 10:57am
Topic: Miscellaneous
Tags: brutus platform, julian darley, matthew simmons, original, peak oil, russia, video [list all tags]
From Peak Moment Television, this is Matt Simmons' 26 minute talk at the ASPO convention called, "Oil and Gas--The Next Meltdown:"
Day 2 in Sacramento at the ASPO-USA meeting and The Hunt for Black Gold Open Thread
Posted by Heading Out on September 25, 2008 - 10:15am
Topic: Supply/Production
Tags: aspo-usa, matthew simmons, original, the hunt for black gold [list all tags]
Ed's Note: The intent of this thread is to combine two different discussion items:
1. A one-hour special on the oil situation, The Hunt for Black Gold. It features a discussion of peak oil, an interview with Sarah Palin, Matt Simmons, Randy Udall, and a closer look at oil company profits, and a discussion of alternatives. It was shown on CNBC yesterday, and will be shown again today, Thursday, Sept. 25 at 1 a.m. ET and on Sunday, Sept. 28 at 10 p.m. ET.
2. Heading Out's discussion of Day 2 of the ASPO-USA conference, which can be found below the fold.
Forecasts on Saudi Arabia liquids production
Posted by Luis de Sousa on July 29, 2008 - 9:45am in The Oil Drum: Europe
Topic: Geology/Exploration
Tags: aramco, colin campbell, jean laherrère, matthew simmons, sadad al-husseini, saudi arabia [list all tags]
This is a guest post by Jean Laherrère



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