The Oil Drum | Stories tagged with "production history"

Stories tagged with "production history"

Saudi production laid bare

Posted by Euan Mearns on March 19, 2007 - 10:00am in The Oil Drum: Europe
Topic: Supply/Production
Tags: opec, peak oil, production history, saudi arabia, swing producer [list all tags]

A couple of weeks ago I made a comment saying that we needed data on producing wells and drilling history in order to further analyse Saudi oil production. In answer to my wish Kyle posted a comment with this link to the OPEC Annual Statistical Bulletin which contains all this information - well almost.

So is Saudi production about to nosedive?

Figure 1 Saudi Arabian average oil production per well. The average well flow rates are drifting down slowly from just above 6000 bpd in 1991 to just below 6000 bpd in 2005. No sign of a pending nosedive here!

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