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2004 APOGCE Meeting Needs – Leading Change 19 October 2004 1400-1530. Noah Built Before it Rained Forecast : Rain. Special Session Future Trends. Speaker. Annimac www.annimac.com.au. The Three Wise Monkeys.
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2004 APOGCE Meeting Needs – Leading Change 19 October 2004 1400-1530 Noah Built Before it Rained Forecast : Rain Special Session Future Trends Speaker Annimac www.annimac.com.au
The Three Wise Monkeys • The Oil Companies : - hear no depletion • Governments & International Agencies : - see no depletion • And all agree it would be best to : - talk no depletion
Norway (North Sea) Typical Oil Depletion Curve Werner Zittel , LBST
The Saudi Reserves are Seriously Overstated Matthew Simmons. February 2004 2004 www.SimmonsCo-Intl.com
Study : World oil forecast beset with reserves shortfalls Oil & Gas JournalApril 12, 2004 Douglas - Westwood Ltd Cambridge UK 2004 2016
Oil discovery Oil production Forecast ? ASPO Newsletter 40, April 2004www.PeakOil.net Association for the Study of Peak Oil & Gas
Francis HarperASPO 2004, Berlin IHS and O&GJ Remaining Reserves www.PeakOil.net Data from IHS Energy and OGJ annual reports
Why are oil depletion forecasts • being down played? • " Do you wish to : • Kill your career • Head the redundancy list • Be blamed for starting the panic ? " Chris Skrebowski Institute of Petroleum www.PeakOil.net
every 5 seconds : new web site every 5 minutes : new technology every 5 days : new product / service Amount of change now in one day our Grandparents had in one year Rate of Change
Technology: in 2020 70 % of types of jobs do not exist now because 80% of technology not yet conceived Driving all Drivers of Change
Gap widening : Knowledge Haves / have nots Age generations Globally networked Speed of Change : Social Trends
Based on Technology Access Skill Not wealth 50 % population no phone call Gap : Haves - Have Nots
Gap : Age Generations Four generations : Three worlds • Baby Boomers 45 – 60 yrs Materialism • authority : in - defer • economic rationalists : profit • material values : tangibles • science as religion : rational • Generation X 30 – 45 yrs • clones of Boomers : materialists • copy younger : sustainability
Gap : Age Generations Four generations : Three worlds • DotComs 15 - 30 yrs Sustainability • global identity • co opitalism • relationships • holistic win - win – win • Ferals 0 – 15 yrs Virtual • no limits no boundaries • parallel universes • beyond our imagining • create what need
Gap : Globally Networked • access all knowledge • empowered • confident • passionately committed • global view future
Impact for OG Industry • transiting two worlds - accelerating • values attitude shifts sustainability • Big Rollover value driven • cooperation not competition • young non negotiators • relationships : consumers partners innovators
Very special note of appreciation to Bruce Robinson www.STCwa.org.au for his impeccable knowledge regarding global Oil Depletion and his generosity in sharing it. Thank you, Bruce. annimac