2010
DOI: 10.1016/j.enpol.2009.11.021
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The Peak of the Oil Age – Analyzing the world oil production Reference Scenario in World Energy Outlook 2008

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Cited by 286 publications
(170 citation statements)
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“…5 Mb d −1 ) has to come on stream every year just to keep the present output constant [42]. This implies that nearly five new Saudi Arabias would be needed by 2030 just to offset the decline in existing production [43].…”
Section: (B) Decline Rate Behaviourmentioning
confidence: 99%
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“…5 Mb d −1 ) has to come on stream every year just to keep the present output constant [42]. This implies that nearly five new Saudi Arabias would be needed by 2030 just to offset the decline in existing production [43].…”
Section: (B) Decline Rate Behaviourmentioning
confidence: 99%
“…Given the dominance of larger fields in total regional production, the regional depletion rates are even lower in reality. Aleklett et al [43] estimate that the typical regional depletion rates of RRRs are of the order of 2-5%, and argue that projections of future global oil production by the IEA [10] are based upon unrealistic assumptions about depletion rates that are not explicitly discussed. Miller [44] agrees with the findings of Aleklett et al [43] and notes the persistent optimism of the IEA projections.…”
Section: (D) Depletion Rate Behaviourmentioning
confidence: 99%
“…There is an increase in demand for petroleum and its allied products due to the rapid increase in the worlds' population even though the worlds' oil production has reached its peak [1].…”
Section: Introductionmentioning
confidence: 99%
“…The longer the residence time better separation is achieved, however a shorter residence time and a highly efficient separation is desired with respect to production rate. Research into optimizing the various stages in the refining of petroleum and its allied products has increased since the world's oil production has reached its peak [1]. Even though there has been considerable increment in the development of marginal oil wells due to the increase in price of crude oil on the international market, the demand of petroleum products far exceeds the supply.…”
Section: Introductionmentioning
confidence: 99%