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42 comments on A primer on Caspian Oil

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Luis de Sousa on November 20, 2006 - 4:28am Permalink | Subthread | Comments top
Hi Jerome, very interesting post. Thank you for all the charts, they give a very good insight.

Now just to have an idea, 3 Mb/d is less than 4% of 84 Md/d. All these fields together won't be enough to offset the current yearly depletion in existing fields...

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dissident on November 21, 2006 - 11:09pm Permalink | Subthread | Parent | Comments top
Exactly.  So much fuss (i.e. new "Great Game") over nothing.
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Hothgor on November 22, 2006 - 2:23am Permalink | Subthread | Parent | Comments top
Is production going to peak in 2010 at that rate, or is that just the projection numbers we have on hand till 2010, and it will be likely to increase through 2020?
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Jerome a Paris on November 22, 2006 - 3:08pm Permalink | Subthread | Parent | Comments top
It is likely to still increase after that, as Kashagan is likely to provide more than the indicated volumes (but its full development is likely to be delayed overall, as things are harder than expected, so the 3mb/d might not be reached as soon as 2010 either)
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