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Interviewer: "What accounts for your success, Mr. Getty?"

J. Paul Getty: "Some people find oil, some don't."

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Entries Tagged as 'Norway'

Matt Simmons’ Recent Peak Oil Analysis

January 27th, 2008 · No Comments

Matt Simmons has published a fascinating overview of past and likely future global oil production.  He argues that the “petro-optimists” lack evidence for maintaining that “high” oil prices are an aberration.   He firmly believes oil prices are too low.

While he rues the poor and sometimes inconsistent nature of the available oil production statistics, Simmons finds that they nonetheless suggest that production of conventional crude oil peaked in May, 2005.  To satisfy the continuing growth in demand the world has relied upon demand destruction through higher prices, the addition of significant …

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Tags: Mexico · Norway · Peak Oil · Saudi Arabia · oil supply

Norwegian production down 35% over 6 years

October 10th, 2007 · No Comments

click  here.

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Tags: Norway · oil supply

Norway to produce more gas, less oil

October 5th, 2007 · No Comments

Click here.

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Tags: NATURAL GAS · Norway · oil supply

Norway to Produce More Gas, Less Oil (pdf 16k)

October 5th, 2007 · No Comments

Norway’s gradual shift from oil to gas production will push up natural gas sales by 23 percent next year while oil output drops to levels last seen in the early 1990s, the government’s 2008 budget draft showed on Friday. read full post

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Tags: Norway · oil supply · supply of gas