World oil: production outlook

Journal Article · Tue Apr 01 00:00:00 EST 1980 · Energy (Washington, D.C.); (United States)

OSTI ID:5502967

Miskell, J T

The long-term view for world oil production outside the Middle East and communist countries is reviewed, comparing production estimates in developed countries. Of a total of 14.2 million bpd produced in 1978 in the western world, the US produced 10.3 million bpd. By 1982, 15.3 million bpd is expected to be produced, with the US supplying 9.2 million bpd and W. Europe and Great Britain contributing most of the remainder (6.7 million bpd). The production increase represented through 1982 or 1983 is then expected to decline under current development and exploration experience. The results of a major exploration effort are not known, but prospective oil basins are known to have the potential for large discoveries. The conclusion is that the majority of the world's basins have not been adequately explored or drilled.

• OSTI ID: 5502967
• Journal Information: Energy (Washington, D.C.); (United States), Journal Name: Energy (Washington, D.C.); (United States)
• Country of Publication: United States
• Language: English

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02 PETROLEUM
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EXPLORATION
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UNITED KINGDOM
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ENERGY SOURCES
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