IOGP Global Production Report 2019 and Production Indicator©

2020 ◽  
Vol 60 (2) ◽  
pp. 417
Author(s):  
Arianna Checchi

This paper builds on the International Association of Oil & Gas Producers’ (IOGP) Global Production Report 2019, published in November 2019. The Report provides an incisive look at the world’s oil and gas production and demand trends in seven regions: Africa, Asia–Pacific, Commonwealth of Independent States (CIS), Europe, the Middle East, North America and Central and South America. By dividing daily production in thousands of barrels for oil (and billion cubic metres per year) by demand within each region, the Report provides a unique IOGP Production Indicator© (PI), which demonstrates regional self-sufficiency as well as export potential. Based on the latest BP Statistical Review of World Energy, published in June 2019, the Report draws its conclusions from 2018 data. This paper analyses the data and trends supplied by the Report, extrapolating the main messages revealed by the figures. At the core of the paper are analyses of and comparisons among the regional oil and gas PIs of the Global Production Report 2019. Through the PI, this paper looks ahead and considers the implications of regional production versus demand (both oil and gas) for each region, presenting key conclusions stemming from the PIs in different parts of the world.

2019 ◽  
Vol 135 ◽  
pp. 04043
Author(s):  
Svetlana Faizullina ◽  
Ainur Isaeva ◽  
Lailya Matkarimova ◽  
Aigul Zhuzbaeva

This article discusses the economic benefits of uranium mining, as well as its environmental and health impacts. Sustainable development includes several aspects: energy, water, the environment, food and the economy, and ensuring each of these aspects is a serious problem. Energy is at the center of other aspects of sustainability, as it has a direct relationship with water, food, and the environment. Uranium is Kazakhstan’s top priority in the global energy market. In the world, there are different opinions on the development of uranium production, increasing the value of atomic energy. Apparently, this should be preceded by a crisis in the field of oil and gas production in recent years, in connection with which the world energy market should have a diversified course depending on various energy sources. Kazakhstan is a country rich in uranium. In addition, over the years of independence, we have increased production almost four times and maintain leadership in the world. Therefore, uranium production is the most important advantage of our global energy space today.


2003 ◽  
Vol 20 (1) ◽  
pp. 17-59 ◽  
Author(s):  
John R. Underhill

AbstractOnshore exploration success during the first half of the 20th century led to petroleum production from many, relatively small oil and gas accumulations in areas like the East Midlands, North Yorkshire and Midland Valley of Scotland. Despite this, the notion that exploration of the United Kingdom's continental shelf (UKCS) might lead to the country having self-sufficiency in oil and gas production would have been viewed as extremely fanciful as recently as the late 1950s. Yet as we pass into the new century, only thirty-five years on from the drilling of the first offshore well, that is exactly the position Britain finds itself in. By 2001, around three million barrels of oil equivalent were being produced each day from 239 fields. The producing fields have a wide geographical distribution, occur in a number of discrete sedimentary basins and contain a wide spectrum of reservoirs that were originally deposited in diverse sedimentary and stratigraphic units ranging from Devonian to Eocene in age. Although carbonates are represented, the main producing horizons have primarily proved to be siliciclastic in nature and were deposited in environments ranging from aeolian and fluviatile continental red beds, coastal plain, nearshore beach and shelfal settings all the way through to deep-marine, submarine fan sediments. This chapter attempts to place each of the main producing fields into their proper stratigraphic, tectonic and sedimentological context in order to demonstrate how a wide variety of factors have successfully combined to produce each of the prospective petroleum play fairways and hence, make the UKCS such a prolific and important petroleum province.


1994 ◽  
Author(s):  
Richard F. Mast ◽  
D.H. Root ◽  
L.P. Williams ◽  
W.R. Beeman

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