Non-OPEC Members Discussion

Non-OPEC Members Discussion · by **MonteQuest** » Sun 07 Nov 2004, 01:51:31

Hurdles ahead for growth in non-OPEC liquids output
This article will appear in the Nov. 8, 2004, edition of Oil & Gas Journal. I'm not a subscriber and couldn't access the entirre article, but this paragraph is quite clear.

$this->bbcode_second_pass_quote('', 'F')indings of a study by PFC Energy suggest that the world's ability to increase liquids production outside members of the Organization of Petroleum Exporting Countries could run into difficulties in the early part of the next decade unless there are significant shifts in oil recovery factors or improved results from exploration.

Top · by **savethehumans** » Mon 08 Nov 2004, 00:36:36

Gee! Wow! Who knew? Alert the other media! This is BIG NEWS!

"difficulties"??

Would that be anything like the "difficulties" in Iraq? The "difficulties" of Americans in finding a decent-paying job? Or maybe the "difficulties" the Neocons are having with that pesky Bill of Rights? :evil:

I guess we can cheer up, then, knowing that after the Peak, all we're gonna have is some "difficulties".... :roll:

2005 non-opec production declined · by **nero** » Fri 03 Mar 2006, 01:43:56

Non-Opec conventional oil production declined by 400,000bpd in 2005 according to World Oil figures. Their data excludes bitumen and NGL.

Link

I was quite suprised by the huge decline from Mexico.

Sorry if this has already been discussed elsewhere. Thought I should share it in case it hasn't.

Re: 2005 non-opec production declined · by **pilferage** » Fri 03 Mar 2006, 03:06:42

So OPEC upped production by ~1274000 bpd... Good for them, lets see how it lasts. :-D

Re: 2005 non-opec production declined · by **bartholland** » Fri 03 Mar 2006, 03:26:26

The totals add up to aprox. 72 mbd.

Why not 84 mbd? What's missing in the list?

Re: 2005 non-opec production declined · by **Taskforce_Unity** » Fri 03 Mar 2006, 04:56:05

Bitumen, Extra heavy oil and NGL

Re: 2005 non-opec production declined · by **Cynus** » Fri 03 Mar 2006, 10:08:09

Does anyone have a similar chart for 2003 - 2004? Do you know if non-OPEC production was up from 2003 to 2004? If production was down from 2003 to 2004 and from 2004 to 2005 I'd be willing to call it a peak, but if it is just one year-to-year then there is still some uncertainty.

Re: 2005 non-opec production declined · by **LadyRuby** » Fri 03 Mar 2006, 10:09:46

I didn't know that non-OPEC oil had already peaked. I have seen that non-OPEC AND non-FSU oil production peaked in 1997.

Re: 2005 non-opec production declined · by **seahorse2** » Fri 03 Mar 2006, 11:00:23

Taskforce Unity,

Hopefully you can answer this question for me. If oil production has essentially remained flat over the last year or so, and if oil demand has risen during that same time period, how is it that oil inventories have risen (at least in the U.S.)?

Re: 2005 non-opec production declined · by **nero** » Fri 03 Mar 2006, 14:27:56

$this->bbcode_second_pass_quote('Cynus', 'D')oes anyone have a similar chart for 2003 - 2004? Do you know if non-OPEC production was up from 2003 to 2004? If production was down from 2003 to 2004 and from 2004 to 2005 I'd be willing to call it a peak, but if it is just one year-to-year then there is still some uncertainty.

Re: 2005 non-opec production declined · by **Leanan** » Fri 03 Mar 2006, 15:54:01

Great link. Useful info, well-presented.

World Oil also has an article by Matthew Simmons.

Re: 2005 non-opec production declined · by **nth** » Fri 03 Mar 2006, 16:56:42

$this->bbcode_second_pass_quote('Taskforce_Unity', 'B')itumen, Extra heavy oil and NGL

Re: 2005 non-opec production declined · by **smiley** » Fri 03 Mar 2006, 17:38:57

alternatively you can use the BP statistical yearbook, published every june.

WO production

Re: 2005 non-opec production declined · by **strider3700** » Fri 03 Mar 2006, 17:58:43

$this->bbcode_second_pass_quote('seahorse2', 'T')askforce Unity,

Hopefully you can answer this question for me. If oil production has essentially remained flat over the last year or so, and if oil demand has risen during that same time period, how is it that oil inventories have risen (at least in the U.S.)?

Re: 2005 non-opec production declined · by **ubercynicmeister** » Fri 03 Mar 2006, 18:56:37

$this->bbcode_second_pass_quote('strider3700', '')$this->bbcode_second_pass_quote('seahorse2', 'T')askforce Unity,

Hopefully you can answer this question for me. If oil production has essentially remained flat over the last year or so, and if oil demand has risen during that same time period, how is it that oil inventories have risen (at least in the U.S.)?

Re: 2005 non-opec production declined · by **dukey** » Fri 03 Mar 2006, 19:18:02

interesting to note that iraqs production is up

Re: 2005 non-opec production declined · by **kam30en** » Fri 03 Mar 2006, 20:20:39

Once again, this just goes to show most human beings are incapable of perceiving and responding to environmental problems before they actually become acute. Here we are, right at the peak, and we have this telling us it isn't so. Even if we did have 3 trllion recoverable barrels left (WHICH WE DON'T), how long would it last. Whoever wrote this or thinks like this needs a lesson from Dr Bartlett. It's just a shame we couldn't have had people like Dr Bartlett in power decades ago.

Re: 2005 non-opec production declined · by **Taskforce_Unity** » Sun 05 Mar 2006, 18:23:36

$this->bbcode_second_pass_quote('nth', '')$this->bbcode_second_pass_quote('Taskforce_Unity', 'B')itumen, Extra heavy oil and NGL

Re: 2005 non-opec production declined · by **dukey** » Sun 05 Mar 2006, 19:06:34

wonder what will happen to tar sands production when natural gas in canada gets more scarce
seeing as it was recently quoted they would have 8 years left of gas

Re: 2005 non-opec production declined · by **UIUCstudent01** » Mon 06 Mar 2006, 01:35:34

$this->bbcode_second_pass_quote('dukey', 'w')onder what will happen to tar sands production when natural gas in canada gets more scarce
seeing as it was recently quoted they would have 8 years left of gas

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