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Petroleum Drilling and Production in the United States: Yield per Effort and Net Energy Analysis

For the past three decades the quantity of petroleum (both oil and oil plus gas) found per foot of drilling effort in the United States for any given year can be expressed as a secular decrease of about 2 percent per year combined with an inverse function of drilling effort for that year. Extrapolat...

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Published in:	Science (American Association for the Advancement of Science) 1981-02, Vol.211 (4482), p.576-579
Main Authors:	Charles A. S. Hall, Cleveland, Cutler J.
Format:	Article
Language:	English
Subjects:	Analysis Atoms Carbon Drilling Drilling costs Industrial efficiency Mathematical extrapolation Oil Fields Oil industry Oil well drilling Oil wells Petroleum Petroleum industry Production management Statistics Symmetry
Citations:	Items that this one cites Items that cite this one
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description	For the past three decades the quantity of petroleum (both oil and oil plus gas) found per foot of drilling effort in the United States for any given year can be expressed as a secular decrease of about 2 percent per year combined with an inverse function of drilling effort for that year. Extrapolation of energy costs and gains from petroleum drilling and extraction indicates that drilling for domestic petroleum could cease to be a net source of energy by about 2004 at low drilling rates and by 2000 or sooner at high drilling rates, and that the net yield will be less at higher drilling rates.
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source	American Association for the Advancement of Science; JSTOR Archival Journals and Primary Sources Collection
subjects	Analysis Atoms Carbon Drilling Drilling costs Industrial efficiency Mathematical extrapolation Oil Fields Oil industry Oil well drilling Oil wells Petroleum Petroleum industry Production management Statistics Symmetry
title	Petroleum Drilling and Production in the United States: Yield per Effort and Net Energy Analysis
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