By Colin J. Campbell
Petroconsultants, in association with Multi-Science Publishing Co. Ltd, announces publication of a provocative, readable, well illustrated and thoroughly researched assessment of future world oil supply; "The Coming Oil Crisis." The 210-page paperback discusses how much conventional oil remains to be produced, and its depletion pattern. It explains how to properly interpret published numbers, many of which are spurious or distorted by vested interests.
Author Colin J. Campbell interlaces personal anecdotes from a life-time in oil exploration with eye-opening insights into the mechanics of oil depletion and a series of interviews with other experts in the field of finite resource prediction.
The book is non-technical, readable and realistic. It combines technical knowledge with a thorough grasp of the political and economic factors central to oil. It is above all a timely book, providing critical reading for management and government, bankers and investors, as well as being excellent academic material for a range of subjects including economics, environment, resources, geography, political and social studies and petroleum studies.
Discovery of oil and gas peaked in the 1960s. Production is set to peak too, with five Middle East countries regaining control of world supply. The oil shocks of the 1970s were short-lived because there were then plenty of new oil and gas finds to bring onstream. This time there are virtually no new prolific basins to yield a crop of giant fields sufficient to have a global impact. The growing Middle East control of the market is likely to lead to a radical and permanent increase in the price of oil, before physical shortages begin to appear within the first decade of the next century.
The world's economy has been driven by an abundant supply of cheap oil-based energy for the best part of this century. The coming oil crisis will accordingly be an economic and political discontinuity of historic proportions, as the world adjusts to a new energy environment. It is not necessarily bad news as there are solutions and benefits, provide that action is taken in time.
Chapter 1 Initiation
Chapter 2 Oil: Chemistry, Source and Trap
Chapter 3 The Pioneering Epoch
Chapter 4 Growth and Transition
Chapter 5 Insight and Information
Chapter 6 How Much Oil has been Found
Chapter 7 The Ultimate and the Undiscovered
Chapter 8 Producing what Remains
Chapter 9 Natural Gas/Gas Liquids and Non-Conventional Oil
Chapter 10 Economists Never get it Right
Chapter 11 Oil Trading and Oil Price
Chapter 12 The Finger Points at Norway
Chapter 13 Alternative and Less Energy
Chapter 14 Through the Wringer The Industry Today
Chapter15 Synthesis: What it all Amounts to
210 pages; index, 4 appendices, 164 figures, key country depletion profiles
After being awarded a Ph.D at Oxford in 1957, Dr Campbell joined the oil industry as an exploration geologist. His career took him to Borneo, Trinidad, Colombia, Australia, Papua New Guinea, the USA, Ecuador, United Kingdom, Ireland and Norway, working with international companies, and ending up as Executive Vice President.
He is now an associate of Petroconsultants, advising governments and industry. He has published extensively, and his recent articles have stimulated lively debate. His views are provocative yet carry the weight of a wide international experience.
In this book, a series of interviews with other experts contribute further insights and knowledge of this critical subject.
|In the UK, £23.50 (£28.50 all other countries):
Multi-Science Publishing Co. Ltd
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