Feliz Navidad! (1) Pre-Covid ..Fig 1: Oil production and peak years Production peaked 2015 due to Venezuela’s production collapse. Brazil’s production has not yet peaked but is unlikely to offset Venezuela’s decline….
Tag: Venezuela
2005-2018 Conventional crude production on a bumpy plateau – with a little help from Iraq
This post is an update of a graph done in 2015: Fig 1: Conventional oil production on bumpy plateau 2005-2014 In https://crudeoilpeak.info/latest-graphs When adding the new data for 2015-2018 it was discovered…
Peak oil in Venezuela: El Furrial oil field
We see the impact of the conventional oil peak in Venezuela. As an example let’s look at the El-Furrial field. Fig 1: Not La-Hora-Zero (yet) but low voter turn-out for the May…
Does the IEA try to hide the conventional crude oil peak in its 2017 World Energy Outlook?
In this post we look at crude oil production in the World Energy Outlook released in November 2017 Fig 1: WEO 2017 oil supply Note that the 5 year interval table omits 2005…
Peak oil in Latin America
This post is using mainly BP’s Statistical Review published in June 2017. Although these statistics put Mexico under North America, it is included here and added to South and Central America’s data…
Incremental crude production update August 2016
OPEC Fig 1: OPEC’s incremental crude oil production Incremental production for each country is the production above the minimum production for the period Jan 2000 – May 2016 (the latest data available…
Tight oil boom can explain only part of drop in US oil product imports
We continue to look at what impact US tight oil has on global oil markets, in this post the reduction of US petroleum product imports. This analysis shows that only around one…
BP Statistical Review 2012 The incredible growth of oil(y) resources
Summary: Oil reserves as reported in the Statistical Review have experienced a phenomenal growth but are not all proven (1P) reserves as claimed. The reserve tables provided contain a mixture of resources…