Fossil fuels have been a reliable energy source for many years. Recently, the oil and gas production industry has taken measures to develop procedures that deliver high efficiency and mitigate negative impacts on the environment. With over 23 years of…
It often seems that a lot of the innovation going on in the energy sector takes place in the renewable energy sector. Yet gas and oil are still being mined and helping to fuel the world, searching for its own…
Publication date: 2002-06-01 First published in: Natural Resources Research Authors: M. Feygin Abstract: This paper shows that there is a strict quantitative connection between three factors: reserves-to-production ratio (w), the rate of production growth (a), and degree of reserve replenishment…
Publication date: 2009-03-19 First published in: Energy Policy Authors: M. Höök et al Abstract: The most important contributors to the world’s total oil production are the giant oil fields. By using a comprehensive database of the giant oil field production,…
Publication date: 2010-01-01 First Published in: Energy Policy Authors: S.H. Mohr, G.M. Evans Abstract: Although considerable discussion surrounds unconventional oil’s ability to mitigate the effects of peaking conventional oil production, very few models of unconventional oil production exist. The aim…
Brian Cohen, an investment fund analyst, has examined the connection between oil and gold and how this may affect the world. Considerably higher oil prices are coming to the world at the worst possible time. Not only is the world…
The US military has warned that surplus oil production capacity could disappear within two years and there could be serious shortages by 2015 with a significant economic and political impact. The energy crisis outlined in a Joint Operating Environment report…
Publication date: 2010-03-01 First Published in: Energy Policy Authors: K. Aleklett et al Abstract: The assessment of future global oil production presented in the IEA’s World Energy Outlook 2008 (WEO 2008) is divided into six fractions; four relate to crude…
Publication date: 2009-07-23 First Published in: Energy Policy Authors: G. Maggio, G. Cacciola Abstract: In recent years, the economic and political aspects of energy problems have prompted many researchers and analysts to focus their attention on the Hubbert Peak Theory…
Publication date: 2009-04-01 First published in: Russian Geology and Geophysics Authors: A.E. Kontorovich Abstract: A probabilistic estimate of the global conventional recoverable oil resource was performed based on the concept of the Earth’s sedimentary cover as a holistic system. A…