Uncategorized – Page 123 – Peak Oil Barrel

The EIA’s Questionable Numbers

07/02/201507/02/2015 Ron Patterson 509 Comments

The EIA’s, on June 30th, published its Petroleum Supply Monthly. I Think their numbers are just way too high. I compared them with the EIA’s Weekly Petroleum Status Report. The chart below shows the Results.

I averaged the weekly numbers and converted them to monthly data. They were pretty close for the first three months of 2014 but then they begin to diverge. Of course they were much closer earlier but in the Petroleum Supply Monthly has, over several months, been revised upward. The Weekly Petroleum Status Report is never revised.

In April, the Petroleum Supply Monthly shows US C+C production 322,000 barrels per day above the weekly average of the Weekly Petroleum Status Report.

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Bakken by County

06/29/201506/29/2015 Ron Patterson 277 Comments

North Dakota publishes monthly ND Historical Barrels of Oil Produced by County. This data however does not include confidential wells. But they do estimate, by county, their confidential well production here: Oil and Gas Production Report

All charts are in barrels per day and are only for the last 16 months in order to get a better and expanded view of what each county is doing.

First a sixteen month view of all North Dakota production. North Dakota production, in April, stood at 1,168,636 bpd. That is 17,631 bpd below their production last September, seven months previous. North Dakota production is down 59,385 bpd since the high reached in December.

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Are We Headed For Global Warming Collapse?

06/26/201506/26/2015 Ron Patterson 549 Comments

This is the first of several posts I will do on Global Collapse. I am not saying, right here anyway, that civilization as we know it will collapse, but I am asking the question: “Can collapse be avoided?” This post will deal with global warming and the associated climate change.

Right now CO2 is higher than it has been in over 20 million years. But it has been higher, a lot higher.

The chart below was published in the Worldwatch Institute’s State of the World 2015 and the source of their data was Goddard Institute for Space Studies

What this chart clearly shows is that global warming, so far, is primarily a northern hemisphere phenomenon and mostly above 60 degrees latitude.

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New International Energy Statistics.

06/22/201506/22/2015 Ron Patterson 492 Comments

The Eia has finally updated their International Energy Statistics with data through February 2015. All data in the charts below are Crude + Condensate and is in thousand barrels per day with the last data point February 2015.

World C+C dropped 477,000 bpd in January and another 65,000 bpd in February for a total decline of 542,000 bpd. World C+C stood at 79,160,000 barrels per day in February.

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Texas Oil and Gas Production for April

06/19/201506/19/2015 Ron Patterson 462 Comments

The preliminary Texas RRC Production Data is out this morning. There appears to be a considerable drop in Texas crude oil production in April. All Texas RRC data in the charts below is through April 2015 and all EIA data is through March 2015.

For those new to this site, the Texas RRC data is incomplete. The drooping lines will eventually, after the final data comes in, closer resemble the EIA data. Though I believe the EIA data is quite a bit too high at this point.

It appears that, when the final data comes in that Texas will have took a huge hit in January, recovered somewhat in February and March, then took another hit this past April.

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