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Explorer Director’s Corner
An Opportunity in Disguise?

First there was Peak Oil, the Malthusian fear that the world was running out of oil. This idea has been around for a long time but had its most recent renaissance in the mid- 2000s with a host of books warning that global demand was going to overwhelm the industry’s ability to supply. The expansion of unconventional oil and natural gas production quieted concerns about supply constraints. The world is not running out of hydrocarbons.

American Association of Petroleum Geologists (AAPG)
Desktop /Portals/0/PackFlashItemImages/WebReady/curtiss-david.jpg?width=100&h=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true An Opportunity in Disguise?
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Bulletin Article
Life span of oil reservoirs: Examples from three old reef pools in Alberta, Canada
Declining history of oil production of oil pools in Alberta, Canada, can be divided into two phases: a short (4-11 yr) substantially declining phase and a long (25-35 yr) gradually declining phase. Both can be described by power regressions with high correlation coefficients of 0.95-0.99.
American Association of Petroleum Geologists (AAPG)
Desktop /Portals/0/PackFlashItemImages/WebReady/bltn19165f5-hero.jpg?width=100&h=100&mode=crop&anchor=middlecenter&quality=75amp;encoder=freeimage&progressive=true 10.1306/08122019100 Life span of oil reservoirs: Examples from three old reef pools in Alberta, Canada
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