Decline Curve Analysis (DCA) is a mathematical technique employed to forecast future oil and gas production based on historical production data.
Oil produced in the North Sea has had a profound impact on the UK's economy, energy production, and geopolitical landscape. This article covers the historical context, technological advances, key events, and the long-term implications of North Sea oil production.
A comprehensive overview of the Organization of the Petroleum Exporting Countries (OPEC), including historical context, key events, member countries, and its impact on global oil prices.
Peak Oil refers to the hypothesized point in time when global oil production reaches its peak rate, after which it is expected to enter a permanent decline.
A comprehensive guide to understanding quotas, specifically within the context of OPEC's oil production allocations, including historical context, economic impact, mathematical models, and related terms.
Oil Patch States in the United States refer to regions such as Texas, Oklahoma, Louisiana, California, and Alaska, which are significant in the production and refining of oil and gas. Economists analyze these states to assess regional economic impacts tied to fluctuations in oil prices.
A comprehensive exploration of Hubbert's Peak Theory, which predicts the rise, peak, and decline in global oil production. Delve into the origins, mathematical modeling, historical impact, and future implications of this influential theory.
