Pic 1: Druzhba oil pipeline, refineries supplied https://fingfx.thomsonreuters.com/gfx/ce/7/4144/4136/Druzhba%20IEA.png .Fig 2: Crude production peaked before Covid at around 10.6 mb/d That this production level would be some kind of limit was known for…
Category: BP
BP peak oil (UK decline, asset sales and decommissioning Part 2)
In part 1 we were looking at BP’s oil field sold (A), for sale (B) or decommissioned (C).That was a sobering experience. In part 2 we analyse fields which are still in…
BP peak oil (UK decline, asset sales and decommissioning Part 1)
West of the Shetland Islands, the battle against oil decline is over for BP. SPGlobal reports: BP halts production at oldest West of Shetland oil facility Foinaven on asset decline 15 Apr…