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The numbers for consumption and production are very hard to compute for the entire world. Lot's of states don't want to be entirely forthcoming with the data. I think the 500,000 barrels isn't outsid ...

A few years back the Caspian Sea was going to be "the future Saudia Arabia".

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It won't. it has sizeable reserves however. it was not much explored by the soviets because it was easier for them ...

On a worse scale, it almost happened with the American Bison and did happen with the Passenger Pigeon. Do you really think capitalistic business has any concern about conservation?

No. But thi ...

Checked the cia factbook and Azerbaijan is apparently a former soviet state, so increasing thier oil production is nothing major.

Of course like most former soviet countries corruption is rife so ...

Is it realistically possible for them to raise production this much? I can't say I know an awful lot about the Emirates.

Torjus Gaaren

"Abu Dhabi has pledged to increase the UAE's oil producti ...

http://img156.imageshack.us/img156/9759/iransupplyanddemandnz8.th.jpg

your graph, but something comes to my mind. You're implicitely assuming they'll start importing oil around 2020. I just wonder ...

That fact alone is going to change UK pollitics substantially.

It is already changing politics substantially. Energy is very much in the political agenda right now.

People will complain about th ...

British oil and gas production in the North Sea has continued a steep decline despite the increased drilling activity following high prices.

According to the latest monthly report from the Royal B ...

one again, they are creating confusion between one field and one province. They've found oil in an exploration well. They're not saying how much.

Instead, they say that "GOM deepwater can hold 3 to ...

Field, Country Size estimate
2b. Cantarell, Mexico
(often listed as a large complex
of multiple smaller fields) 35 billion barrels

21. Marlim, Campos, Brazil 10-14 billion barrels

Fo ...

The info has been updated on

You're right for these fields, although plutonio is not that large (~1Gb) - but it's a good exemple of what is making today boom in West Africa production : 'small gia ...

This is a great idea. Let's see if we can fill in the data. I'll update this post as corrections are added.

1. Ghawar Unknown

Ghawar flushed out some 6.5 MMbbl/d in the 70's, 5 now. But of ...

This is a great idea. Let's see if we can fill in the data. I'll update this post as corrections are added.

1. Ghawar Unknown

Ghawar flushed out some 6.5 MMbbl/d in the 70's, 5 now. But of ...

This is a great idea. Let's see if we can fill in the data. I'll update this post as corrections are added.

1. Ghawar Unknown

Ghawar flushed out some 6.5 MMbbl/d in the 70's, 5 now. But of ...

Good post.

Your calcuations show good precision of hubbert prediction, but one could object than you take as guaranted that production is generally hubbert-shaped, with some random variations aroun ...