OGPSS - Saudi Arabian production - then and now

The latest OPEC Monthly Oil Market Report (MOMR) foresees that demand for OPEC crude oil will decline over the next year by about 300 kbd. ...

OGPPS - Saudi Arabia and what lies ahead

Saudi Aramco has stated that it designs the well layouts and extraction patterns from its oil fields so that they effectively decline at a r...

OGPSS - Saudi Arabia - production from Safaniya

In recent posts I have been looking at the potential for the historically high producing Saudi oilfields at Abqaiq , Berri and Ghawar to i...

OPEC in disagreement, the Saudi dilemma

OPEC Ministers, meeting in Vienna, have apparently had one of their more divisive discussions of recent times over the question of raising ...

OGPSS - Some limits to oil fungibility

This is the second in a series I am just starting on oil production and consumption around the world. While it is going to focus more on i...

Saudi Oil Production - read Minister Al-Naimi's small print

Yesterday the Saudi Arabian oil Minister, Ali Al-Naimi, commented that the days of easy oil are not over , and that there remain at least 88...

Seasonality of Demand

Well, with Thanksgiving, and a slight problem in transportation that got us home a day late, it is belatedly time to catch up a little on th...

The Future of Oil - or a gentle Cough at the NYT

The Mining Community is not a really large one, and in our meeting tonight I met folk that have worked on projects that were, for their time...

Gentle Cough, Saudi Arabian production

Over at The Oil Drum (TOD) Ace has just posted an update to his F orecast of World Oil Production and it is the usual well argued and docu...

P62. Pick Points

Well after being told that we had to “Drill, Baby, Drill,” a Federal appeals court has" J ust Said No! ” It ruled that permits for off...