Slugcatcher on the alarming decline in IOC reserves

OIL has faced many crises over the past 100 years but there is one sneaking up on the world’s biggest private sector producers which Slugcatcher reckons could be a test of their long-term survival; a dramatic and perhaps irreversible decline in reserves.

Slugcatcher on the alarming decline in IOC reserves Slugcatcher on the alarming decline in IOC reserves Slugcatcher on the alarming decline in IOC reserves Slugcatcher on the alarming decline in IOC reserves Slugcatcher on the alarming decline in IOC reserves

Could govt-controlled production be the future of the industry.

The question of reserves is one that dogs every oil industry executive because without liquids in the ground which can be extracted profitably there is no choice other than closure.

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