FOSSIL FUEL

Members:
Nichole Cruz
Ma. Tezza Keizel Futalan
Rose Jean Gratuito
Benjie Penalba

Consumption, Production and

Peak Oil

FOSSIL FUEL: OIL

GLOBAL OIL PRODUCTION AND CONSUMPTION IN 2012

GLOBAL OIL PRODUCTION AND CONSUMPTION

Pennsylvania oil rush

The Pennsylvania oil rush was a boom in petroleum
production which occurred in northwestern Pennsylvania
from 1859 to the early 1870s. It was the first oil boom in
the United States.
Titusville, Pennsylvania, in the Oil Creek Valley when
Colonel Edwin L. Drake struck "rock oil" there.

Russian Oil Exports

Western Siberian reserves, which have been exploited since the
1970s and supply two-thirds of Russian oil.

Sumatra Production
new fields then were discovered, such as Kruka, East Java (1887),
Kampong Minyak, South Sumatra (1896), Sumpal, South Sumatra
(1897), Sanga-sanga, East Kalimantan (1897), Perlak, North
Sumatra (1900)

Spindletop, Texas
Spindletop is a salt dome oil field located in the southern portion
of Beaumont, Texas in the United States

Suez, Crisis
The Suez Crisis, also named Tripartite Aggression, was an invasion
of Egypt in late 1956 by Israel, followed by Britain and France.

Yom, Kippur War

also known as the 1973 ArabIsraeli War, was a war fought by the
coalition of Arab states led by Egypt and Syria against Israel from
October 6 to 25, 1973.

Asian Financial Crisis

The Asian financial crisis was a period of financial crisis that gripped much of East
Asia beginning in July 1997 and raised fears of a worldwide economic meltdown
due to financial contagion.

Arab Spring
The Arab Spring is a revolutionary wave of demonstrations and protests (both
non-violent and violent) , riots, and civil wars in the Arab world that began on 18
December 2010 and spread throughout the countries of the Arab League and
surroundings.

Consumption and Production (Local)

Source: United States Energy Information Administration

As of end June 2011, the total oil production from the different
fields totaled to about 63,208,020.12 barrels. The four (4) existing
producers, Nido, Matinloc, North Matinloc and Galoc fields, produced
18,823,407 barrels, 12,137,881 barrels, 2,219,353 barrels and 8,931,848
barrels respectively. The first 3 fields are under the operatorship by
Philodrill Corporation while Galoc is being managed by Galoc Production
Company (GPC). All of these producing fields under Service Contract No.
14 are located in offshore NW Palawan.
There are two (2) other fields that are being evaluated for
rehabilitation, namely; Cadlao and West Linapacan fields that have
produced 11,235,334 barrels and 8,528,118 barrels of oil respectively.

Shell Philippines Exploration B.V. (SPEX) produced from

the Malampaya field (SC 38) a cumulative total of
1,083,551.282 mmscf of natural gas and 48,191,493.636
barrels of condensate from October 2001 until 30 June 2011.
Another field, the Libertad gas field, located in Bogo, Northern
Cebu is under development and expected to produce natural
gas as fuel to power a 1 Megawatt turbine for domestic
electric generation in the area. The Libertad gas field is under
SC40 being operated by Forum Energy Philippines, Inc.
Source: https://www.doe.gov.ph/fossil-fuels/oil-gas

Oil Price

Source: http://www.indexmundi.com/commodities/

Monthly Price- Index Number

Source:
http://www.indexmundi.com/commodities/?commodity=petroleum-priceindex&months=12

FOSSIL FUEL: NATURAL GAS

Natural Gas Production and

Consumption

The behaviour of the graph was correlated with the

events during that year:

According to Hubberts outlook on natural gas

production, it was forecasted that the natural
gas will reach its peak not later than 1975 and
proving his point, the peak for natural gas was
reached in 1971 during the economic boom of
the United States.

Consumption of Natural Gas

Production (Local)

Consumption (Local)

Europe and Euroasia

The UK consumption crashed in 2008 after
the financial crisis as industrial, public
sector and private individuals are cut back
on natural gas uses - also as gas prices
rose
UK had successive tax increases thus
discouraging developments in drilling and
further explorations.
Egypts government is unwilling to give
unreasonable compensations to foreign
investors thus discouraging developments.

South and Central America

Argentina: Low investment levels leading to
more importation as of 2009.
Columbia: Expansion of its economy as of
early 2000s caused oil and gas production to
increase as well.

Middle East
Qatar had a gigantic gas surplus given
that it is the leading supplier of dry
natural gas and the fourth leading supplier
of LNG.

Europe
Russia has consistently been a giant gas
producer with massive gas surplus - that is
exported to Western Europe. This looks set
ton continue at similar levels for the next
ten years.

Asia Pacific
Starting in the 1990s Indonesia's crude oil
production has experienced a steady
downward trend due to a lack of
exploration and investments in this sector.
Japan continues to increase its gas
consumption as nuclear power plants are
closed.
South Korea also increases its gas
imports.

Africa
In January 2013, a militant group stormed Algeria's In
Amenas gas facility, resulting in several causalities
and a temporary suspension of gas production at the
facility.

Price

Price

FOSSIL FUEL: COAL

GLOBAL PRODUCTION OF COAL

GLOBAL COAL PRODUCTION

Asia Pacific has
experienced a big
increase
in
coal
production over the
last four years as the
regions GDP has
grown strongly - with
economic expansion
in China.

Actual Coal Production vs Hubberts

Peak Coal

http://peakoilbarrel.com/world-energy-2014-2050-part-1-2/

COAL PRODUCTION- LOCAL

The largest deposit is located in Semirara Island,
Antique.
Based on the 2006 Update of the Philippine
Energy Plan (PEP), coal production in 2004
surpassed the 2003 level by 34 percent from 2.0
MMMT in 2003 to 2.7 MMMT in 2004.
Domestic coal production is estimated to yield an
11.7% increase in the next 10 years from 3.1
MMMT in 2005 to 6.6 MMMT in 2014 @10,000
BTU/lb.

http://www.indexmundi.com/energy.aspx?country=ph&product=coa
roduction

Consumption vs. Production (Global)

GLOBAL COAL PRICES

References:

http://www.eia.gov/kids/energy.cfm?page=tl_naturalgas
http://pubs.usgs.gov/fs/fs-0113-01/fs-0113-01textonly.pdf
http://www.peakoil.net/JL/BerlinMay20.pdf
http://www.eia.gov/dnav/ng/hist/n9050us2a.htm
http://ourfiniteworld.com/2012/03/12/world-energyconsumption-since-1820-in-charts/
http://www.theglobaleducationproject.org/earth/energysupply.php
http://www.eia.gov/todayinenergy/detail.cfm?id=3310
http://www.indexmundi.com/energy.aspx?country=ph&pro
duct=gas&graph=production+consumption