Sunday, February 4, 2007

Brunei


39 Brunei

I've got Brunei in the "E" Group or "U" Group. "U" for unclear. And it is very clear why I put Brunei in this group. Their production peaked in 2003 at 214, yet they've only been declining for two years and are only down to 206. So, technically, by my definition they are plateauing and are "unclear." It will be interesting to see their June number.

CERA is "in-line" thru 2005. They show very slight increase to 2010 to 225 kbpd. Looks like everybody is in agreement.

Would probably be a good idea to look at reserves/Hubbert situation in this case.