In April 2012 I published this post about World Crude Oil Production and the Oil Price (in Norwegian) which was an attempt to describe the developments in the sources of crude oils (including condensates), tranches of total life cycle costs (that is [CAPEX {inclusive returns} + OPEX] per barrel of oil) and something about theContinue reading “World Crude Oil Production and the Oil Price”
Author Archives: Rune Likvern
The Powers of Fossil Fuels
In this post I present a brief perspective spanning two centuries of the history of energy and mainly fossil fuels (FFs) consumption. Then a brief look at the recent years growth in solar and wind (renewables) and how their growth measures up against FFs since 1990. In the early 1800s biomass (primarily wood) were humans’ primaryContinue reading “The Powers of Fossil Fuels”
Status of Norwegian Natural Gas and a Forecast towards 2025
In this post I present actual Norwegian natural gas production, status on reserves, the development in discoveries and what this results for my expectations for the future delivery potential for Norwegian natural gas. Included is also a brief look at actual and forecast development for EU’s (+Norway) consumption and production of natural gas. Norway isContinue reading “Status of Norwegian Natural Gas and a Forecast towards 2025”
Fractional Flow 