Dean has shared his estimates for Texas Oil and Natural Gas output. Texas (TX) C+C output was revised lower by -10, -17, -22, -18, and -52 kb/d for Nov 2015 through March 2016 respectively. Output in April 2016 increased by 27 kb/d from the revised March 2016 estimate to 3511 kb/d. The EIA estimate for March 2016 is 3276 kb/d, and Dean’s revised estimate is 3484 kb/d, 208 kb/d more than the EIA estimate.
Author: D Coyne
Texas Update May 2016 and Eagle Ford Output Estimate
Dean has provided me with his latest update for Texas Oil and Natural Gas production. Texas C+C output has increased slightly over the first 3 months of 2016.
Texas C+C output was 3549 kb/d in March 2016, about 39 kb/d higher than February. Read More
Wind and Solar Scenarios and Non-Fossil Fuel open thread- May 25, 2016
Wind and solar energy consumption have grown quickly from 1994 to 2014 based on data from BP’s Statistical Review of World Energy 2015 at a rate of 25% per year combined. Historical data on oil consumption from 1900 to 1975 shows that oil use grew by about 7% per year over that period. Note that this rate of growth was constrained by demand for energy as evidenced by very low oil prices from 1950 to 1972 and the high rates of oil consumption growth from 1960 to 1970. World GDP and population grew rapidly over that period before supply constraints became apparent and rates of oil consumption growth slowed markedly after 1979.
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Open Thread- Non-fossil fuel May 16, 2016
Hi all,
This thread is intended for non fossil fuel topics. Whatever people would like to discuss.
I will have a new oil post up in a few hours (hopefully). So if you can wait, oil, natural gas and coal related topics would be better in that thread.