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69 comments on The Amazing Power of King Hubbert(...?)

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GreyZone on September 13, 2007 - 12:44am Permalink | Subthread | Parent | Comments top

Actually the production in the majority of cases has been maximized. You can verify this for yourself by comparing original URR estimates to the 507 giant/supergiant fields in the world (1% of all fields total) which produce 60% of all oil in the world. There is no need to even look at the smaller fields to see that the dominant factor is the giant/supergiant fields and that most of them have been maximized in production.

So as Euan has noted elsewhere, the URR is going to be low but not by as much as you try to insinuate.

"The greatest shortcoming of the human race is our inability to understand the exponential function." -- Dr. Albert Bartlett
Into the Grey Zone

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PartyGuy on September 13, 2007 - 12:01pm Permalink | Subthread | Parent | Comments top

Ghawar could have produced over 15 million bpd, according to several people here at TOD. Did it ever produce 15 million bpd?

Clearly not.

Clearly you are incorrect.

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GreyZone on September 13, 2007 - 6:00pm Permalink | Subthread | Parent | Comments top

Whoa, in rides the jackass! I said majority, not all. When you understand that difference, get back to me, little troll boy.

"The greatest shortcoming of the human race is our inability to understand the exponential function." -- Dr. Albert Bartlett
Into the Grey Zone

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PartyGuy on September 13, 2007 - 10:08pm Permalink | Subthread | Parent | Comments top

Your case isn't helped by name calling, nor by ignoring the worlds largest oil field and basin...

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WebHubbleTelescope on September 13, 2007 - 10:41pm Permalink | Subthread | Parent | Comments top

In reality the "worlds largest oil field and basin" is just a statistical outlier in any decent model of global oil discovery and production.

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PartyGuy on September 14, 2007 - 1:33am Permalink | Subthread | Parent | Comments top

You do realize that if Mr. Deffeyes is correct, this 'statistical outlier' represents almost 10% of all the oil we will ever produce. Clearly it shouldn't be considered at all! Typical TOD rhetoric though. WT can rant on all day about the lower 48, but a region of equal size such as KSA is an 'outlier'.

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WebHubbleTelescope on September 15, 2007 - 1:39am Permalink | Subthread | Parent | Comments top

Big ones are rare. They fall in the tail of the distribution; evidently you have never seen a probability density function,

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