RE:RE:RE:RE:RE:RE:Oil math Here is an article from late 2015... It outlines decline rates of new and post peak production wells. I have been saying for some time now that by 2019 global oil production will be in supply deficit situation due to lack of investment. There are some other interesting articles out there which outline how Russian over production has rocketed up at the expense of future production... https://www.google.ca/amp/mobile.reuters.com/article/amp/idUSL5N11L26U20150915?client=ms-android-samsung