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CALSCALE:GREGORIAN
METHOD:PUBLISH
VERSION:2.0
PRODID:-//PlanIt Purple//EN
BEGIN:VEVENT
STATUS:CONFIRMED
LAST-MODIFIED:20100215T143640
URL:http://www.northwestern.edu/nico/events/index.html#seminars
PRIORITY:0
CLASS:PUBLIC
UID:399021@northwestern.edu
SUMMARY:WEDNESDAY@NICO PRESENTS: A TOY MODEL OF PEAK OIL
DESCRIPTION:Presented by Richard Wiener\, PhD - Program Officer\, Research Corporation for Science Advancement I will present a toy model for oil production based on simple physical considerations. The model provides a basic understanding of Hubbert's empirical observation that the production rate for an oil-producing region reaches its maximum when approximately half the recoverable oil has been produced.  According to the model\, the production rate at a large field must peak before drilling peaks.  I will use the model to investigate the effects of several drilling strategies on oil production.  Despite the model's simplicity\, predictions for the timing and magnitude of peak production match data on oil production from major oil fields throughout the world.  I also will discuss the effect drilling in the Arctic National Wildlife Refuge would have on overall US oil production.   NICO Coffee Hour will follow for questions\, networking\, and collaboration. http://www.northwestern.edu/nico/events/index.html#seminars
DTSTART:20100224T120000
DTEND:20100224T130000
CREATED:20100215T000000
DTSTAMP:20100215T000000
SEQUENCE:0
LOCATION:Evanston
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