Category Archives: Oil

The difference between depletion and decline rate in oil fields

Notes from 26 page: Höök, M., Davidsson, S., Johansson, S., Tang, X. 2014. Decline and depletion rates of oil production: a comprehensive investigation. Philosophical Transactions. Series A: Mathematical, physical, and engineering science, 372 Depletion rate is the rate that the … Continue reading

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Hirsch, R.L. Mitigation of maximum world oil production: shortage scenarios

Notes from: Hirsch, R.L., 2008. Mitigation of maximum world oil production: Shortage scenarios. Energy Policy, 36(2): 881–889.  World GDP Growth & World Oil Production Growth Have Tracked For Decades:   A 1% change in current world oil production equates to … Continue reading

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Coal-to-liquids (CTL) can not compensate for declining oil & natural gas production

Notes from 23 page: Höök, M. & Aleklett, K. 2010. A review on coal-to-liquid fuels & its coal consumption. International journal of energy research Vol. 34 10:848-864 Annual decline in existing crude oil production is around 4-8%, equivalent to an … Continue reading

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How different nations have coped with oil shortages

Preface. In this article, Friedrichs shows how differently Cuba, North Korea, and Japan coped after a sudden loss of most of their oil.  I first became aware of how essential oil was for nations when I read Daniel Yergin’s 1991 … Continue reading

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Hydrocarbon liquids, drop-in fuels, oil refining, oil distribution, GTL, CTL

Notes from 41 page: National Petroleum Council. 2012. Chapter 11: Hydrocarbon Liquids.                        Hydrocarbon liquids have properties that make them high-quality transportation fuels and allow the supply chain to operate … Continue reading

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Global oil risks in the early 21st century, Energy Policy 2011

[This is a large excerpt from an excellent 18-page paper I think predicts how the future will unfold as well as a good overview of our predicament. Alice Friedemann] Fantazzini, Dean; Höök, Mikael; Angelantoni, AndrĂ©. 2011. Global oil risks in … Continue reading

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Petroleum council urges Arctic oil to offset declining production in lower 48

The U.S. should immediately begin a push to exploit its enormous trove of oil in the Arctic waters off of Alaska, or risk a renewed reliance on imported oil in the future, an Energy Department advisory council says in a … Continue reading

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Charles A. S. Hall Conventional oil peak was 2005

The global production of conventional oil began to decline in 2005, and has followed a path over the last 11 years very close to our scenarios assuming low estimates of extractable ultimate resource (1.9 Gbbl) John L. Hallock Jr., Wei … Continue reading

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Limits to Growth

Preface. What follows are a bunch of articles on limits to growth, sometimes just a link, sometimes excerpts. Today Wall Street Journal and other neocapitalists scorn the idea, insisting that human ingenuity and substitution can overcome all obstacles, and they … Continue reading

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Giant Oil Field Decline Rates

Summary of article 1, Cobb’s “Aging Giant Oil Fields” 2013 The world’s 507 giant oil fields comprise a little over 1% of all oil fields, but produce 60% of current world supply Of the 331 largest fields, 261, or 79%, … Continue reading

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