18 Mar '12, 12pm

Tech Talk - going back to the first look at Saudi Arabian oil production

The United States Government has just asked the Kingdom of Saudi Arabia (KSA) to raise the levels of its oil production this summer. Oil production is otherwise anticipated to be at some 9.8 mbd this summer, with fluctuations of around 200 kbd about that number. (There are rumors it has just hit 10 mbd .) It is reported that the KSA could raise production to 12.5 mbd if needed. And the Saudi Oil Minister, Ali al-Naimi has now stated that the KSA is able to meet that commitment. Since I started writing about peak oil back in 2005 , the possible maximum sustainable production achievable from the Kingdom has been one of the recurring issues at The Oil Drum, and there have been a number of very perceptive analyses carried out by folk such as Euan Mearns, Stuart Staniford, and JoulesBurn that I do not intend to try and surpass. I will, however, try and summarize some of their c...

Full article: http://www.theoildrum.com/node/9034

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Tech Talk - Saudi Arabian oil production part 2

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