Gas Boom Goes Bust
The current boom in drilling for ‘unconventional’ gas has helped raise US production to levels not seen since the early 1970′s. This has been an incredible boon to consumers and has kept spot prices contained below $5 per million BTU ...
Tech Talk – Oil and Natural Gas in Eastern Siberia
In the last post on Russian oil production, I discussed the amounts of oil produced from Western Siberia, the region with the highest current production, which in its prime contained the second largest producing oilfield in the world at Samotlor. Those...
The 2012 BP Energy Outlook 2030
There are many unintended consequences as fuel supplies become more scarce and expensive. (With a h/t to Rune Likvern), I see that those Greeks who are being starved of affordable fuel are starting to chop trees down for warmth and income. This sort o...
Tech Talk – Oil Production from Western Siberia
Time marches on, and as I noted in an earlier post, the declining fortunes of the Romashkino and other oilfields in the Volga-Urals Basin led into the development of the fields of Western Siberia, where even some forty years after it was discovered, ju...
With Gas So Cheap and Well Drilling Down, Why Is Gas Production So High?
This is a guest post by David Hughes, a geoscientist, president of a consultancy dedicated to research on energy and sustainability issues, and a fellow of Post Carbon Institute, on whose website this article first appeared.
Natural gas prices have dec...
The Changing Status of Renewable Fuels
While it may be way too early to declare a final winner in the race to find replacement renewable liquid fuels for the jet fuel and diesel that power so many of the vehicles in the world, there are some indications as to the technology that just might ...
Tech Talk – The Potential for Future Production from Romania
There are violent protests taking place in Bucharest, Romania, which carry with them the threat of destabilizing the government, as we have seen in countries which lie further south. But while countries involved in the “Arab Spring” have oi...
Tech Talk – Oil Production from the Volga-Ural Basin
In the last post on the oil and gas fields of the Northern Caucasus, I commented that one of the reasons that these older oil and gas fields were being further developed was due to the introduction of advanced Western techniques. As John Grace points o...
Tech Talk – Oil Production from the North Caucasus
When the topic of Peak Oil is raised, one of the first responses often heard from those trying to explain why a peak isn't going to happen, at least in the short term, is that technology will come up with new answers. These innovations will allow great...
Oil will decline shortly after 2015, says former oil expert of International Energy Agency
The following interview is a guest post by Matthieu Auzanneau, a freelance journalist living in Paris. This article previously appeared in Le Monde.
Olivier Rech developed petroleum scenarios for the International Energy Agency over a three year perio...
Tech Talk – Some Thoughts on Current and Perceived Oil and Natural Gas Supply
For most of this past year, these posts have reviewed and then discussed data on the state of different reservoirs of oil and gas that ultimately provide the power we need and use every day. However, as we come to the end of 2011, it seems as though th...
A Monster from the Deep
With relatively little fanfare on the international stage, Lundin Petroleum and Statoil (and partners) have just recently jointly discovered one of the largest oil fields ever found in the North Sea. The Aldous Major South - Avaldsnes discovery on the ...
