Old oil fields are eliminated
The older oil fields are being eliminated every day more accelerated. This is because the falls in the price of "black gold" by the battle for market share have influence in the decline of these fields in much of the world.
According to the consulting company in oil and gas, Rystad Energy, oil production in older fields come decelerating at high scale, the forecast for the next few years is a continuous drop, if prices don't go up.
If on the one hand the production of old fields has been eliminated at a fast rate, on the other, global production has been forced to decrease due to the extension of the agreement of the Organization of petroleum exporting countries (Opec), who see in this decision the solution to enhance the world's oil.
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