Quote from: TDoS on Feb 12, 2024, 03:51 PMIs it because by simply assembing them together in one place all the conspiracy angles and peak oil claims would be dispatched and we would know WAY more about remaining oil volumes than we should?

You think there is a conspiracy to prevent Peak Oil claims from being dispatched?  That seems highly unlikely, to be polite.  Drillers don't publish data on how much oil there is for a given price because they don't want other drillers to know how much a given spot has until AFTER they secure financing to lease it and start drilling it themselves.  In order to GET financing, they will over-estimate how much they can get in order to convince the banks financing them to hand over the money.  The TRUTH doesn't emerge until AFTER the play starts producing and the driller has to file a P/L statement.  When it does come out, small drillers go belly up and the leases are purchase by bigger drillers for pennies on the dollar if they think they can produce for less or are gambling the price will go back up they can sell at.  Whoever has the deepest pocket and highest limit on their credit card wins.

RE