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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (10174)	10/17/2006 4:53:07 AM
From: energyplay	Respond to of 218632

The peake oil theory depends on the distribution of oil reservoirs -oil fields - following a distribution that fits the 80/20 rule. This means the Super Giant fields dominate, followed by the Giant fields, etc. And the Super Giants are past peak, as are some of the Giant fields. What if the actual distribution has a much larger number of Large or Medium size fields than theory says ? Why would this be ? Field size is often limited by faults. If we looks a place like Nevada, where are the fautls can be easily seen, they tend to space at roughly periodic distances. Just like leather has a grain, there will tend to be an average size for a faulted area. This means there could be much larger numbers of Medium size fields than expected from the theoretical distribution. Since there is much less incentive for major oil companies to look for the smaller fields, we have less data. Possibly parts of Texas have been drilled enough to generate useful data. More later.