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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (6223)7/20/2007 3:38:49 AM
From: Wharf Rat  Respond to of 24225
 
A comment by the author in the comment section...

ace on July 19, 2007 - 9:30pm | Permalink | Subthread
On Russian forecast production, I'm more optimistic.

As at June 2007, I am assuming remaining URR C&C of 91 Gb. (URR is proven plus probable plus yet to find.) Given Russia's new projects, the annual depletion rate of remaining URR is forecast to be below 4%/yr.

Russia's C&C production for Apr 07 was 9.37 mbd (EIA). My forecast is Apr 08, 8.91 mbd; Apr 09, 8.78 mbd; Apr 10, 8.47 mbd.

If Russia shows a decline rate of 10% pa then the decline in Fig 2 becomes even steeper.

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