SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.61+0.2%11:19 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Eric who wrote (74394)11/6/2007 2:51:57 PM
From: RetiredNow  Read Replies (2) of 77398
 
OT
Executive Summary:

1. Broad revision (from 1980 to 2004) by the EIA this month but not significant in amplitude.
2. Monthly production peaks are unchanged:
1. All Liquids: the peak is still July 2006 at 85.54 mbpd (up 0.11 mbpd), the year to date average production in 2007 (6 months) is 84.28 mbpd (up 0.02 mbpd), down 0.07 mbpd from 2006 for the same period.
2. Crude Oil + NGL: the peak date remains May 2005 at 82.09 mbpd (up 0.01 mbpd), the year to date average production for 2007 (6 months) is 81.20 mbpd (down 0.04 mbpd), down 0.06 mbpd from 2006.
3. Crude Oil + Condensate: the peak date remains May 2005 at 74.30 mbpd (up 0.15 mbpd), the year to date average production for 2007 (6 months) is 73.23 mbpd (up 0.14 mbpd), down 0.25 mbpd from 2006.
4. NGPL: the peak date is still February 2007 at 8.03 mbpd (down 0.21 mbpd), the year to date average production for 2007 (6 months) is 7.97 mbpd (down 0.18 mbpd), up 0.19 mbpd from 2006.
3. Decline in crude oil + condensate continues: June 2007 estimate for crude oil + condensate is 72.82 mbpd compared to 73.11 mbpd one year ago and 73.92 mbpd two years ago.
4. Average forecast: the average forecast for crude oil + NGL based on 13 different projections (Figure above) is showing a kind of production plateau around 81 +/- 4 mbpd with a decline after 2010 +/- 1 year.

Here's a good graph:
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News