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no, an accelerating rate of oil discoveries would produce a curve or "trumphet" in the graph- the widening is the compounding of production from new discoveries from year to year. (assume one new well per year - year four will have four times the production from "new" wells. that doesnt mean four wells were discovered in year four.
by Thomas on Thu Nov 11th, 2010 at 03:25:21 PM EST
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