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"Peak Oil" impacting Norwegian and Saudi 2013 production? - MINING.com

"Peak Oil" impacting Norwegian and Saudi 2013 production? - MINING.com | Sustain Our Earth | Scoop.it
Stephane Bilodeau's curator insight, January 26, 11:22 AM

"This combines with some sobering news from the EIA, which notes in its country field on Saudi Arabia, “One challenge the Saudis face in achieving their strategic vision to add production capacity is that their existing fields experience 6 to 8 percent annual decline rates on average in existing fields, meaning that the country needs around 700,000 bpd in additional capacity each year just to compensate for natural decline. Decline estimates for Saudi Arabia vary widely, however.


The Ministry of Petroleum maintains that decline rates in Saudi Arabia are around 2 percent annually. Saudi Aramco has stated that it will also conduct additional drilling at currently producing fields in order to help compensate for the natural declines from the mature fields."

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Les territoires à la reconquête de l'énergie

Les territoires à la reconquête de l'énergie | Sustain Our Earth | Scoop.it

POLITIQUE ENERGETIQUE - Le salut des énergies renouvelables et du climat viendra-t-il du terrain ? « La gouvernance mondiale est bloquée, il existe des volontés locales d'avancer et la décentralisation reste une tendance de fond en France », réagit Benoît Leclair, vice-président énergie climat du Conseil régional Rhône-Alpes. Cet élu EELV a poussé en juillet sa région à voter un programme de soutien aux territoires à énergie positive.


Via EELV Rhône-Alpes, Grd Lyon-millenaire3, EnergyNews, Ursula Sola de Hinestrosa
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