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Ron Patterson

Peak Oil Barrel

Contributor since: 24 Oct 2014

Ron Patterson

Biography

Ron Patterson is a retired computer engineer. He worked in Saudi Arabia for five years, two years at the Ghazlan Power Plant near Ras Tanura and three years with Aramco in Ras Tanura and Safaniya. He worked a short time as a stockbroker and a commodities broker but found the business did not suit his talents and returned to the computer industry in 1987. He spent the last 17 years of his career at the Marshall Space Flight Center in Huntsville, AL. He retired in 2004.

Latest articles from Ron

  • Could Brazil Derail The OPEC Deal?

    Published 27 July 2017 | viewed 3,236 times

    Brazil is a major oil producing country, but in 2016 was still a net importer, though imports dropped significantly and they have been a slight…

  • Russian Oil Output Falls While OPEC Boosts Exports

    Published 17 July 2017 | viewed 5,094 times

    All data below is based on the latest OPEC Monthly Oil Market Report. All data is through June 2017 and is in thousand barrels per day. (Click to enlarge) …

  • Texas Natural Gas Production Soars In June

    Published 06 July 2017 | viewed 5,457 times

    (Click to enlarge)Dean Fantazzini has provided me with updates to Texas Oil and Natural Gas estimates, the data shifted about a year ago so I…

  • Mexico’s Oil Reserves Fall In Spite Of Oil Major Interest

    Published 03 July 2017 | viewed 6,151 times

    In dollar terms, since mid-2015 Mexico has been a net importer of hydrocarbons (oil, natural gas, petroleum products and petrochemicals combined). To date it has…

  • OPEC Production Up As Exempt Countries Increase Output

    Published 17 June 2017 | viewed 12,390 times

    All data below is based on the latest OPEC Monthly Oil Market Report. All data is through May 2017 and is in thousand barrels per…

  • Renewable Energy Outproduces Nuclear In The U.S.

    Published 10 June 2017 | viewed 13,334 times

    (Click to enlarge) (Click to enlarge) The EIA released the latest edition of their Electric Power Monthly  on May 25th, with data for March 2017.…

  • EIA Ups Global Oil Production Forecast

    Published 04 June 2017 | viewed 18,486 times

    The EIA recently updated its International Petroleum statistics. World Crude plus Condensate  (C+C) output was 80,577 kb/d in Feb 2017 an increase of 72 kb/d…

  • Texas Shows No Sign Of Slowing Production Growth

    Published 27 May 2017 | viewed 7,088 times

    (Click to enlarge)The Chart above compares several different combinations of past (vintage) data to estimate output. The dotted line is based on the most recent…

  • EIA vs IEA: When Will Oil Markets Balance?

    Published 13 May 2017 | viewed 10,734 times

    (Click to enlarge)  The IEA Oil Market Report was published in mid-April, data from the report can be found here. (CLick to enlarge)The EIA’s STEO…

  • Iran Ramps Up Oil Output As OPEC Production Falls

    Published 13 April 2017 | viewed 14,252 times

    The OPEC Monthly Oil Market Report is out with OPEC’s crude oil production numbers for March 2017. All data is through March 2017 and is…

  • U.S. Shale - The New Swing Producer

    Published 02 April 2017 | viewed 11,869 times

    The BP Statistical Review of World Energy has oil production data by country up to the end of 2015. This is what that looks like…

  • U.S. Shale Could Peak Before 2025

    Published 25 March 2017 | viewed 12,922 times

    In a previous post on U.S. LTO future output there were suggestions that a bottom up approach might be better than the top down approach…

  • Iran Continues To Ignore The OPEC Deal

    Published 14 March 2017 | viewed 11,150 times

    All data below is in thousand barrels per day and is through February 2017. (Click to enlarge)OPEC crude oil production dropped to 31,958,000 bpd in…

  • What’s In Store For U.S. Shale Oil?

    Published 11 March 2017 | viewed 8,087 times

    (Click to enlarge)The future output from the light tight oil (LTO) sector of the U.S. oil industry is the subject of much speculation. Above I…

  • The Bakken Gets A Second Wind

    Published 10 March 2017 | viewed 11,471 times

    North Dakota has published January production data for the Bakken and for all North Dakota. (Click to enlarge)Bakken production was up 37,617 bpd to 932,817…

  • Is The Bakken A Bust?

    Published 16 February 2017 | viewed 20,515 times

    North Dakota has released December production data for the Bakken and for all North Dakota. They were a little shocking.(Click to enlarge)Bakken production down 86,150…

  • OPEC 310,000 Barrels Per Day Above Production Cut Goal

    Published 13 February 2017 | viewed 7,464 times

    The new January OPEC Monthly Oil Market Report is out with crude only production numbers for January 2017. All charts are in thousand barrels per…

  • Electric Vehicles Will Be A Major Oil Price Driver In The Future

    Published 07 February 2017 | viewed 34,205 times

    Oil output (crude plus condensate or C+C) is likely to peak by 2020 (or may have peaked already in 2015 or 2016). Electric Vehicles (EVs)…

  • Are Proven Oil Reserves Just A Political Tool?

    Published 01 January 2017 | viewed 8,030 times

    Jean Laherrere has posted the following charts and comments on Bakken and World oil reserves. EIA proved reserves on Bakken (ND + Montana) plus cumulative…

  • Bakken Oil Production Soars After Long Decline

    Published 14 December 2016 | viewed 18,534 times

    North Dakota just released their production numbers for the Bakken as well as for all North Dakota. (Click to enlarge)The numbers are shocking. The Bakken…

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