Comments on: Non-OPEC Production Slows http://priceofoil.org/2007/03/06/non-opec-production-slows/ Oil Change International campaigns to expose the true costs of fossil fuels and facilitate the coming transition towards clean energy. We are dedicated to identifying and overcoming barriers to that transition. Sat, 11 Feb 2012 00:33:10 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Nathan http://priceofoil.org/2007/03/06/non-opec-production-slows/comment-page-1/#comment-19822 Nathan Tue, 06 Mar 2007 17:29:06 +0000 http://priceofoil.org/2007/03/06/non-opec-production-slows/#comment-19822 How does the global 5% decline in oil well productivity square with the anecdotal examples in yesterday's NYT article on increased output from old fields? Reading this post, I realized that the examples cited were exactly that, anecdotal, as well as speculative - the views of Saudi Aramco - at exactly the moment that is the story the oil powers want this story to be told. Many of the factors cited in the Centre for Global Energy Studies report seem like they may be temporary -shortages of workers -or political - host governments wanting more revenue. is it possible to say with much certainty that the decline in global productivity is related to those temporary constraints and a lag in implementing the types of new tech that the NYT article is about... or is it related to fields actually emptying out? How does the global 5% decline in oil well productivity square with the anecdotal examples in yesterday’s NYT article on increased output from old fields? Reading this post, I realized that the examples cited were exactly that, anecdotal, as well as speculative – the views of Saudi Aramco – at exactly the moment that is the story the oil powers want this story to be told.

Many of the factors cited in the Centre for Global Energy Studies report seem like they may be temporary -shortages of workers -or political – host governments wanting more revenue. is it possible to say with much certainty that the decline in global productivity is related to those temporary constraints and a lag in implementing the types of new tech that the NYT article is about… or is it related to fields actually emptying out?

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