Tuesday, October 17, 2006

Khebab plots

Khebab at TOD (linked via Big Gav) presented a range of peak estimates all on one plot.

I placed the Oil Shock Model data as stars on the graph. My estimate -- based on discovery data -- remains on the pessimistic side, agreeing largely with the ASPO data from October 2004 and Bakhtiari from 2003 (both using conventional plus NGL as the production total). ASPO has since upwardly corrected their estimates, something that I have really no basis for, as discoveries have not gone up much since late 2004.