Oil Fields - News, Trends, Oil Fields Links
Few giant oil fields supply most of our oil
Over a quarter of the world's oil production came from just 20 giant oilfields. Don't forget that most of these fields are more than 50 years old and in decline. Overall, a little more than one hundred fields make up half of the world's total production (the remaining production is made up of approximately 70,000 oilfields). - Read More
Tags : oil
Topics : Oil and Gas Oil
Investments required to increase oil reserves
According to IEA, the world will need to spend $3 trillion over the next 25 years if anticipated global oil demand is to be met. Most will go not to increasing oil supply but to merely replace output from today's ageing fields
Tags : oil reserves oil
Topics : Oil Oil and Gas Finance
Saudi Arabia's Ghawar Oil Field
Saudi Arabia's Ghawar oil field is the world's largest (2007) and it pumps 5 million $ (barrels?) per day
Tags : saudi arabia oil
Topics : Oil Oil and Gas
The largest market for CO2...
is for enhanced recovery of oil from existing oil fields
Tags : co2 co2 uses oil recovery
Topics : Finance