In his latest research on shale oil French oil geologist Jean Laherrere from ASPO France http://aspofrance.viabloga.com/texts/documents estimates a Bakken shale oil peak in 2014 He uses a Hubbert linearization to calculate a…
Category: Crude oil analysis
US shale oil hides crude oil peak in rest of world
Recent US shale oil growth sits on top of a bumpy production plateau of the rest-of-the-world (ROW) Other Middle East (Syria, Yemen, Oman) was in long term decline until 2007. Just when…
Excluding the US, rest-of-world crude production in 2H2012 was not higher than in 2005
Excluding the US, rest-of-world crude oil production in the 2nd half of 2012 was on the same level as in the 2nd half of 2005, despite 85% higher oil prices. There are…
International oil companies’ oil production peaked in 2004 and declined by 2.1 % pa
Oil production (crude and NGLs) of 5 international oil companies has been declining by a total of 15% over the period 2004-2011. Merci, Jean (Lahererre, ASPO France) pour m’avoir envoyé quelques graphes…
75 pct of global crude production in 2012 was not higher than in 2005
The following graph shows the changes in global crude oil production since January 2001. The data source is the EIA International Energy Statistics downloaded in December 2012 http://www.eia.gov/cfapps/ipdbproject/iedindex3.cfm Countries have been stacked…
Incremental crude oil production update January 2012
The following graph shows the changes in global crude oil production since January 2001. This start year is being used to make the graph comparable to previous graphs which were based on…
Crudeoilpeak Summary 2011
In 2011, I wrote a total of 55 posts. The menu system was also expanded with readily available graphs and other information. These were the topics in 2011: (1) Oil supplies…
Incremental crude oil production August 2011
(1) By continent (1.1) North America Growing Canadian production from tar sand syn crude could not offset Mexican decline. The US was able to increase production after the last hurricane and the…
Crude oil 2010 vs 2005 1st quarter
5 years peak oil. What we have seen so far is the response of the economy and the financial system to oil production on a bumpy production plateau The above graph shows…