Commentary on: 'Oil: The Next Revolution: The Unprecedented Upsurge of Oil Production Capacity and What it Means for the World’

Source: Oil Depletion Analysis Centre (UK) [Leonardo] Maugeri’s projections are very sensitive to the assumed rate of decline of production from currently producing fields - and his assumptions appear inconsistent with the available evidence. A decline rate is a measure of how rapidly the rate of production from a field or [...]