In recent posts I have been looking at the potential for the historically high producing Saudi oilfields at Abqaiq, Berri and Ghawar to increase, or even sustain current levels of production into the future...
The topic of rising gas prices is pervasive, and at a breakfast meeting last Monday, Richard Williams, a friend, commented that he had seen some cores from Saudi Arabia, and that they looked so weak, he felt he could put...
Current figures suggest that world liquid fuels production is running at around 90 mbd, of which roughly 74 mbd is crude. A reasonable estimate of the annual decline in existing well production lies at around 5%, so that...
The topic of rising gas prices is pervasive, and at a breakfast meeting last Monday a friend commented that he had seen some cores from Saudi Arabia, and they looked so weak that he felt he could put his fist through them...
I thought that, with the indulgence of the more technically qualified of the commentators, I might take a little time to explain in my own way, some of the many issues that were debated here at TOD over the past week...
This is a repeat of JoulesBurn's post on Abiqaiq from May 2008, which may be of interest to those reading Heading Out's post. -- Gail
So far in this series of technical talks, I have tried to explain some of the pieces that have to be put together to get crude oil or natural gas out of the ground...
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