Stories tagged with safaniya

The Top Twenty Fields: Are They in Decline? What Do We Know? (Updated)

Taking the lead from this thread over at peakoil.com, I thought a discussion of whether or not the top 20 fields were in decline, and then consolidating that into a reference resource would be a good idea.  Under the fold is the latest list with the sources beside the field.   Is this all we know?

The Top Twenty Fields: Are They in Decline?

Taking the lead from this thread over at peakoil.com, I thought a discussion of whether or not the top 20 fields were in decline, and then consolidating that into a reference resource would be a good idea.  Under the fold is the list they put together.

I think Katrina and Rita got some folks attention

Just over a week ago I posted the changing picture of the American gasoline stocks.  Here is the latest version thereof, and the picture has changed in direction.
<center></center>

If one  further looks at the numbers that the EIA site provides. There is a slight discrepancy between the tabulated data and that plotted, and it took me a minute to realize that the curves are showing the rolling four-week averaged data, rather than the actual weekly for the imported gasoline data (and presumably also for the rest).  This is of significance since such an average, in this case with the changing situation, initially masks the fact that the imports for the past three weeks have gone from 0.938 to 1.207 to 1.423 mbd.  One may assume (at least I am) that about 500,000 bd of this is coming from the 20 mbd of gasoline that was put up by the IEA partners in response to our request following Katrina.  If this is the level of support that can be anticipated, then it will last some 40 odd days before that source is gone.