Page added on August 10, 2007
Matthew Simmons, an oil investment banker and a member of the National Petroleum Council, concludes that it is unlikely that there will be any large new oil fields discovered in Saudi Arabia, and that production is only being maintained “by using advanced drilling and completion technologies in the mature giant fields.” Details are given in his 2005 book, “Twilight in the Desert
BangorDailyNews
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