The EIA released the latest edition of their Electric Power Monthly on October 24th, with data for August 2017. The table above shows the percentage contribution to two decimal places for the last two months and the year to date. Read More
The EIA released the latest edition of their Electric Power Monthly on September 26th, with data for July 2017. The table above shows the percentage contribution to two decimal places for the last two months and the year to date.
Norwegian oil production peaked in 2000 to 2001; gas production may be peaking about now. Oil hit a low in 2013 and then recovered towards a new local peak, probably concurrent with the gas.
The most surprising thing I find with their industry is that the drop in oil price made almost no difference the drilling activity shown here (all data here and below taken from the NPD – Norwegian Petroleum Directorate – which provides more data than just about any other such organisation).
The chart shows numbers of wells drilled, as stacked bars, and number of operating rigs (unstacked) against the left hand axis, other curves are ratios of total against the right axis. Read More
The EIA released the latest edition of their Electric Power Monthly on August 24th, with data for June 2017. With all the data for the first half of 2017 now available the half year performance of the various sectors can be assessed. As reported on the web site utilitydive.com “Coal tops gas as leading generation source in first half of 2017“. PV Magazine on their news web page chose to highlight that, “Renewables generate (almost) as much U.S. power as nuclear during H1 2017“. The highlights of the first half of 2017 include (See the YTD row of Table 2 below for data):
• Coal generated slightly more than Natural Gas
• Nuclear generated slightly more than All Renewables
• Conventional hydro generated slightly more than Wind and Solar combined
• Non-Hydro Renewables generated more than conventional hydroelectric
• Carbon neutral and zero emission sources combined generated more than either gas or coal Read More
UK oil production peaked in 1999. The peak was probably pushed out a couple of years because of the major production interruptions following the Piper Alpha disaster. Production declined quickly until around 2011, then the high oil price allowed more brownfield and then greenfield developments that created a third local peak in 2016. Production is declining again this year but there are several large projects due that will create another peak in 2018 or 2019 (nearly equal to the 2016 one). After that terminal decline is likely. The chart below shows C&C production split according to the year of first production of the field.
Like all such all diagrams, this shows that the largest fields were developed first and declined the slowest. Read More