Oil: production curve, dimensions and tensions

[Christophe]

Production curve since 1997 (note, the scale is not 0, the progression is therefore not so high in relative):



C moa, could you explain the meaning of the 3 stp curves? Thank you.

[moinsdewatt]

C moa, could you explain the meaning of the 3 stp curves? Thank you.

crude + condensate it is crude oil + light hydrocarbon vapors which become liquid again.

NGL is NATURAL GAS LIQUIDS in English. it is for example the propane of the bottle for the kitchen. It comes for example from the treatment of gases from natural gas.

All liquids is adding all the other hydrocarbons, for example ethanol and biodiesel and CTL (Coal to liquids) ...

When we speak of the world production of "oil" it is the green curve that we are talking about.