There may be no graphic as stark as this. Cantrell production, from Mexico’s famed giant oil field. Keep in mind, this is not an estimation of future production trends, but things which are happening currently. It makes you wonder about other international fields which may be reporting false production data.
Just to keep things on an even keel however, here is a report from analysts suggesting that the industry may be heading for a down turn comparable to the 1980′s.