|
GLOBAL
The 5 years prior to 2002 was a period of flat oil
production constrained by demand, limited by the Asian crisis and stock
market falls. Since then oil production has been rising rapidly, barely
managing to keep pace with demand.
This will continue until 2011/12, with a brief period of
surplus capacity (mostly derived from deep water production from West
Africa and the Gulf of Mexico) moderating price growth. Total oil supply
will then plateau, ultimately beginning to permanently decline after 2015.
Meanwhile gas production, which has been rising
constantly, will see accelerating output growth as more gas is required
to replace higher-priced oil wherever it can.
We have subdivided the world into 4 mega-regions (as shown in the
coloured map above), each of which hold a varied number of independent or
overlapping areas, regional groupings and hydrocarbon sources.
Currently Energyfiles holds 34 data groups. Charts and data files outlining the onshore and offshore
historic and forecast oil and gas production and consumption of any (or
all) of these areas can be provided.
Some information on a few of these regions and
sources can be accessed by
clicking the available links to the right.
|
