[Plantagenet]

OPEC predicts global oil demand will rise to over 100 million bbls per day in 2019.

opecs-oil-output-jumps-in-june-as-saudi-arabia-opens-the-taps

OPEC's oil production is already being raised to meet 2018 demand, as KSA tries to reach a new all time high in oil production in response to rising global oil prices and Trump's resultant demand that they pump more.

But that raises a question...if KSA and OPEC are already maxing themselves out to meet the increases in 2018 demand, where will the extra oil come from to meet the rising demand in 2019?

Easy, says, OPEC.. The countries outside OPEC will all increase their production in 2019 by 2.1 million bbls/day. And that means the US, because thats where oil production is increasing. And that means the Permian basin because thats the only place in the US where oil production is rapidly rising.

Can the Permian basin oil production go up another ca. 2 million bbls day in 2019?

And how about in 2020? How much more can Permain basin oil production go up? Inquiring minds want to know.....

CHEERS!

[tita]

On the DPR page of EIA, there is a note that wasn't there before:

$this->bbcode_second_pass_quote('', 'N')OTE:
Productivity estimates may overstate actual production which could be limited by logistical constraints.

[copious.abundance]

To demonstrate how completely dead this forum (and by extension, peak oil itself) is, pstarr's post above from an entire week ago is the most recent post in this entire section ... which used to be the bread and butter section of this forum! And if that wasn't bad enough, looking through the front page of this forum, this post of mine right here is the only post in this entire forum today!

[Plantagenet]

A new study released by Wood-Mackenzie predicts a major global shortfall in oil production in the mid-2020s.

The-Oil-Industry-Needs-Large-New-Discoveries-Very-Soon

I wonder where the "large new discoveries" will come from?

And if there are no new large discoveries, we're looking at oil demand greatly exceeding oil supply coming up in the next decade---

Cheers!

[Outcast_Searcher]

$this->bbcode_second_pass_quote('Plantagenet', '
')And if there are no new large discoveries, we're looking at oil demand greatly exceeding oil supply coming up in the next decade---

Cheers!

[anarky321]

It's not so much that the topic is dead, it's that there isn't much to say at this point, its just a waiting game

shale is the bottom of the barrel (the only thing lower is oil sands), once shale peaks we are officially on the downslope

maybe we will come up with some new energy source but I do not believe so - fossil fuels were an amazing stroke of luck for our species and we squandered them

I've been following this topic for about 15 years now and I've seen nothing to change my mind that our civilization is screwed - and its entirely our fault

[tita]

$this->bbcode_second_pass_quote('tita', 'O')n the DPR page of EIA, there is a note that wasn't there before:

$this->bbcode_second_pass_quote('', 'N')OTE:
Productivity estimates may overstate actual production which could be limited by logistical constraints.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('anarky321', 'I')t's not so much that the topic is dead, it's that there isn't much to say at this point, its just a waiting game

shale is the bottom of the barrel (the only thing lower is oil sands), once shale peaks we are officially on the downslope

[shortonoil]

$this->bbcode_second_pass_quote('', ' ')anakry said:

It's not so much that the topic is dead, it's that there isn't much to say at this point, its just a waiting game

shale is the bottom of the barrel (the only thing lower is oil sands), once shale peaks we are officially on the downslope

[rockdoc123]

$this->bbcode_second_pass_quote('', 'A')t the average 2018 production per rig of 8.7 b/d in the Shale patch the number of rigs needed will fall short by 50%

[peakoilwhen]

Speaking of nonsense, hows it going with your estimate of peakoil in 2013-2015?
Maybe it would have been ok if you were off by a year or 2, but now the so-called expert oil doctor is faced with being off by at least 3 years. Wonder what excuses you've got lined up for us this year. Or are you hoping everyone here is so dumb they have no memory of the past including your estimates?
The rockdoc is going to need a doc after getting hit on the head by a rock of truth : 2018 is going to set new oil production records. But the IEA messed up this year and aren't getting the data out until their April report. So just have to lay low for a bit longer, but we can watch you sweat. Gives you another month to think of your excuses.

[rockdoc123]

$this->bbcode_second_pass_quote('', 'S')peaking of nonsense, hows it going with your estimate of peakoil in 2013-2015?
Maybe it would have been ok if you were off by a year or 2, but now the so-called expert oil doctor is faced with being off by at least 3 years. Wonder what excuses you've got lined up for us this year. Or are you hoping everyone here is so dumb they have no memory of the past including your estimates?

[Pops]

$this->bbcode_second_pass_quote('peakoilwhen', 'O')r are you hoping everyone here is so dumb they have no memory of the past including your estimates?

[Outcast_Searcher]

$this->bbcode_second_pass_quote('Darian S', '')$this->bbcode_second_pass_quote('Outcast_Searcher', '')$this->bbcode_second_pass_quote('Darian S', '')$this->bbcode_second_pass_quote('', 'F')our in 10 Americans can't cover a $400 emergency expense, Fed finds-theguardian

[peakoilwhen]

$this->bbcode_second_pass_quote('Pops', '')$this->bbcode_second_pass_quote('peakoilwhen', 'O')r are you hoping everyone here is so dumb they have no memory of the past including your estimates?

[Outcast_Searcher]

$this->bbcode_second_pass_quote('peakoilwhen', '
')Its already been given implicitly, but here it is explicitly :
With that 100mb/d number I was pretending to be a noob peaker to distance myself from my normal forum character and disarm suspicion that this is my 3rd sock account and avoid being banned again. That should have been obvious from my subsequent posts where I asserted oil is abiogenic and more is created within the Earth than we can possibly consume and our extraction will never geologically peak, but you were asleep so didn't pick up on this, you dozy-ass low iq moderator of a shit forum.

[peakoilwhen]

if i can post this, i don't understand why i haven't been banned. Pops is usually easy to goad into banning, is he playing hard to get?

$this->bbcode_second_pass_quote('', 'G')uess which ones are more likely to end up resulting in banning?

[Pops]

man this is no way to live, go out and get some air, look at the sky

[peakoilwhen]

$this->bbcode_second_pass_quote('Pops', 'm')an this is no way to live, go out and get some air, look at the sky

[Pops]

man I don't do that anymore, too much of people like peakoilwhen
it's no way to live LOL
you'll have to toss some ad homs at Newf or Tanada and see where that gets you