tag:blogger.com,1999:blog-19508699.post1551350166783099333..comments2024-03-29T06:38:18.116+00:00Comments on Energy Balance: UK "Secondary Priority" for Norwegian Gas Supplies.Professor Chris Rhodeshttp://www.blogger.com/profile/12060542089215379056noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-19508699.post-72054957833234097712008-07-08T09:06:00.000+01:002008-07-08T09:06:00.000+01:00Yes, that's my understanding too! Oil comes out un...Yes, that's my understanding too! Oil comes out until you have recovered maybe half what you are going to, then you need to squeeze it by some means, but gas comes-out until around 90% is recovered by when the pressure is far less meaning that the rest must be flushed-out. So yes, a real plunge after that "peak".<BR/><BR/>It's reckoned there are about equal amounts of oil and gas left, but if I were a betting man, I would put my money on gas finishing first, but oil playing-out the longer run, albeit at reduced production levels.Professor Chris Rhodeshttps://www.blogger.com/profile/12060542089215379056noreply@blogger.comtag:blogger.com,1999:blog-19508699.post-48444976030772857752008-07-07T18:38:00.000+01:002008-07-07T18:38:00.000+01:00I gather from my reading that Gas when it peaks se...I gather from my reading that Gas when it peaks seems to drop off a cliff, well if not exactly a cliff then a very steep decline.<BR/>Interesting times indeed.Yorkshireminerhttps://www.blogger.com/profile/03364251607711042067noreply@blogger.com