Chris Skrebowski: Trustee of the Oil Depletion Analysis centre and

Editor of Petroleum Review, Energy Institute 

The Emerging Reality of Oil Depletion 

Where theory and practise meet 

ASPO 2005 | Lisbon | 19-20 May 2005 

Who am I? 

Chris Skrebowski has spent half a working life working in the oil industry and the other half as an oil journalist.

Free of corporate or political pressure he brings a healthy scepticism to the problem

Why speak out?

The practical realities of oil depletion -- a 

production and project based analysis 

• The world needs oil production flows
• Peak oil is when flows can’t meet the required demand
• This will cause an ‘Economic Tsunami’
• There’s not much time to accommodate

As ‘Peak Oil’ approaches we can move 

from reserves based analysis to production and project based analysis  

• Reserves based analysis has served us all well but the reserves data is weak
• New project flows can be monitored
• Outright, visible, depletion can be listed
• The demand that can be met established
• The likely date of ‘Peak Oil’ determined