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The Hubbert peak theory says that for any given geographical area, from an individual oil-producing region to the planet as a whole, the rate of petroleum production tends to follow a bell-shaped curve. It is one of the primary theories on peak oil.Choosing a particular curve determines a point of maximum production based on discovery rates, production rates and cumulative production.

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  • The Hubbert peak theory says that for any given geographical area, from an individual oil-producing region to the planet as a whole, the rate of petroleum production tends to follow a bell-shaped curve. It is one of the primary theories on peak oil.Choosing a particular curve determines a point of maximum production based on discovery rates, production rates and cumulative production.
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