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Tuesday, 21st August 2012

Commentary on: 'Oil: The Next Revolution: The Unprecedented Upsurge of Oil Production Capacity and What it Means for the World’

Source: Oil Depletion Analysis Centre (UK)

[Leonardo] Maugeri’s projections are very sensitive to the assumed rate of decline of production from currently producing fields - and his assumptions appear inconsistent with the available evidence.

A decline rate is a measure of how rapidly the rate of production from a field or group of fields is declining, while a depletion rate is a measure of how rapidly the remaining recoverable resources in a field or region are being produced. To avoid confusion, these concepts need to carefully defined and measured. But instead, Maugeri uses the term depletion rate when he means decline rate and fails to provide adequate definitions.

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Having begun his career in academic libraries, Adrian Janes has subsequently worked extensively in public libraries, chiefly in enquiry work as an Information Services librarian. In this role he has had particular responsibility for information from both the UK Government and the European Union. He wrote a detailed report on sources for the latter which was published by FreePint in 2007, and has contributed articles to FreePint and ResourceShelf. He is involved in training in information literacy and the use of online reference resources.

A Contributing Editor to DocuTicker, he also write reviews for Pennyblackmusic.

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