Peak Oil

Indeed:

The Jubilee Field in Ghana is estimated to contain 1.8 billion barrels of crude. Tullow Oil discovered the field in 2007 and is now working to develop its potential. In 2011 it produced 66,000 barrels a day.

The Chicontepec Basin in Mexico is estimated to contain 10 billion barrels of crude.

The Kashagan Field in Kazakhstan is estimated to contain 11 billion barrels of crude.

The unnamed fields in the southwest of Iraq are estimated to contain 45-100 billion barrels of crude oil.

The Santos and Campos Basins in Brazil are estimated to contain 123 billion barrels of crude.

The Orinoco Belt in Venezuela is estimated to contain 513 billion barrels of oil.

One response to “Peak Oil

  1. Pino ,

    Add in the Shale gas discoveries and we really will only be running out of anything because of the Greens and Global Warming . Funny how hot the last 3 and a half years have been . I mean with all of the Progress in renewable energy welfare .

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