For the umpteenth time, came to the Cantarell Rudesindo PEMEX offices in Veracruz. For those who worked there in the early seventies his presence was not unusual. Captain Chito, as he was known in his native Ciudad del Carmen, had a lot of time trying to sue for damages Mexican oil. The problem is that when fishing shrimp in the shallow waters off the coast of Campeche, continually out networks filled with tar and that certainly had to be because of PEMEX. To his great insistence, Mexican petroleum geologists dispatched a group to come to the site and check the problem. The result of this research was the discovery in 1971 of one of the largest oilfields in the world.
Named in honor of Rudesindo Cantarell, this field is only surpassed by Ghawar in Saudi Arabia. Eight years after its discovery, began operating the first production well, the Chac 1. In a speech to the nation, then President Joseph López Portillo made history when he realized the responsibility that would "manage the abundance." For Mexico, the picture could not be more encouraging: in the late seventies America faced an oil embargo by Arab countries and worldwide oil prices rising steadily.
Thirty years later, in June 2007, PEMEX reported to the stock market in the United States, in the current rate of extraction, Mexico's proven reserves could be exhausted in seven years. The report speaks only of oil reserves, which are found and exploited the technology and resources PEMEX that currently but it is a clear sign that Mexican oil runs out.
The problem is not exclusive to Mexico, despite its abundance, oil is a nonrenewable natural resource, so sooner or later will run on deposits. Chris Skrebowski, editor of Petroleum Review, a publication of the Energy Institute in London, warning that the conventional oil reserves are shrinking at a rate of 4% annually, a symptom of this is that several oil-producing countries have started a decline in production.
Colin Campbell, one of the foremost experts in the field and founder of the Association for the Study of Peak Production, at a conference in 2005 warned the audience "Do not worry just because oil is still last a few years. The point is that oil and gas dominate our lives, the decline in production will change our world in radical and unpredictable way. "
Hubbert Peak
At first the idea that oil might run out sounded a science fiction story, since Edwin Drake, a retired railroad, the first commercial well drilled in 1859 flowed jets subsurface oil to meet the needs of human civilization. But as our technology was developed, so did the thirst for oil.
was in 1956, almost 100 years after the onset of petroleum era, when King Hubbert, a geophysicist at the Shell oil company, he proposed his theory of peak production. Hubbert had been watching the statistics with the oil discoveries and found a trend repeating the chart was a bell-shaped curve, in other words what goes up must come down. Thinking that the Drake well was the first point on the graph, as they discovered more and more wells drawing the graph slopes upward, considering that oil is a finite resource was obvious think that when he had extracted more or less half of the available resource graph will reach a peak and then on everything would be downhill. Able to predict when that peak would be ready to go.
Using this model and the available information Hubbert predicted that oil would reach the top American territory entre1965 and 1970. Shell geophysicist attempt to prevent publication of its results but he, renowned for his stubbornness, went ahead and threw them to the public. At a time when the world hovered on cheap oil, the argument was not heard and generally within and outside the oil industry no believed in it.
the early seventies, oil production in the United States reached a record and later began to fall. While the American union became an oil importer, the point of view on the theory of Hubbert change drastically.
Named in honor of Rudesindo Cantarell, this field is only surpassed by Ghawar in Saudi Arabia. Eight years after its discovery, began operating the first production well, the Chac 1. In a speech to the nation, then President Joseph López Portillo made history when he realized the responsibility that would "manage the abundance." For Mexico, the picture could not be more encouraging: in the late seventies America faced an oil embargo by Arab countries and worldwide oil prices rising steadily.
Thirty years later, in June 2007, PEMEX reported to the stock market in the United States, in the current rate of extraction, Mexico's proven reserves could be exhausted in seven years. The report speaks only of oil reserves, which are found and exploited the technology and resources PEMEX that currently but it is a clear sign that Mexican oil runs out.
The problem is not exclusive to Mexico, despite its abundance, oil is a nonrenewable natural resource, so sooner or later will run on deposits. Chris Skrebowski, editor of Petroleum Review, a publication of the Energy Institute in London, warning that the conventional oil reserves are shrinking at a rate of 4% annually, a symptom of this is that several oil-producing countries have started a decline in production.
Colin Campbell, one of the foremost experts in the field and founder of the Association for the Study of Peak Production, at a conference in 2005 warned the audience "Do not worry just because oil is still last a few years. The point is that oil and gas dominate our lives, the decline in production will change our world in radical and unpredictable way. "
Hubbert Peak
At first the idea that oil might run out sounded a science fiction story, since Edwin Drake, a retired railroad, the first commercial well drilled in 1859 flowed jets subsurface oil to meet the needs of human civilization. But as our technology was developed, so did the thirst for oil.
was in 1956, almost 100 years after the onset of petroleum era, when King Hubbert, a geophysicist at the Shell oil company, he proposed his theory of peak production. Hubbert had been watching the statistics with the oil discoveries and found a trend repeating the chart was a bell-shaped curve, in other words what goes up must come down. Thinking that the Drake well was the first point on the graph, as they discovered more and more wells drawing the graph slopes upward, considering that oil is a finite resource was obvious think that when he had extracted more or less half of the available resource graph will reach a peak and then on everything would be downhill. Able to predict when that peak would be ready to go.
Using this model and the available information Hubbert predicted that oil would reach the top American territory entre1965 and 1970. Shell geophysicist attempt to prevent publication of its results but he, renowned for his stubbornness, went ahead and threw them to the public. At a time when the world hovered on cheap oil, the argument was not heard and generally within and outside the oil industry no believed in it.
the early seventies, oil production in the United States reached a record and later began to fall. While the American union became an oil importer, the point of view on the theory of Hubbert change drastically.
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