Oil Depletion Analysis Centre
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The Oil Depletion Analysis Centre (ODAC) is an independent, UK-registered educational charity. The centre is working to raise international public awareness and promote better understanding of the world's
oil depletion Oil depletion is the decline in oil production of a well, oil field, or geographic area. The Hubbert peak theory makes predictions of production rates based on prior discovery rates and anticipated production rates. Hubbert curves predict that t ...
and
peak oil Peak oil is the hypothetical point in time when the maximum rate of global oil production is reached, after which it is argued that production will begin an irreversible decline. It is related to the distinct concept of oil depletion; whil ...
problem. It is based in London and belongs to the
New Economics Foundation The New Economics Foundation (NEF) is a British think-tank that promotes "social, economic and environmental justice". NEF was founded in 1986 by the leaders of The Other Economic Summit (TOES) with the aim of working for a "new model of wealth ...
. ODAC was founded in June 2001 on the belief that an informed public
debate Debate is a process that involves formal discourse on a particular topic, often including a moderator and audience. In a debate, arguments are put forward for often opposing viewpoints. Debates have historically occurred in public meetings, a ...
about the likely impacts of depleting
oil An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated ...
supplies is critically needed. A growing number of experts now predict that world oil production has peaked or will reach its physical peak within the coming decade and then start to permanently decline. The prevailing view of most
energy In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of hea ...
policy-makers and institutions is that near-term oil supply is mainly an
economic An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the ...
and
geopolitical Geopolitics (from Greek γῆ ''gê'' "earth, land" and πολιτική ''politikḗ'' "politics") is the study of the effects of Earth's geography (human and physical) on politics and international relations. While geopolitics usually refers to ...
concern. Under almost any scenario, however, lead time is running short for a smooth transition to new energy systems and a less oil-dependent way of life. On 30 March 2012, the activities of the Oil Depletion Analysis Centre (ODAC) were taken over by its parent organisation, the
New Economics Foundation The New Economics Foundation (NEF) is a British think-tank that promotes "social, economic and environmental justice". NEF was founded in 1986 by the leaders of The Other Economic Summit (TOES) with the aim of working for a "new model of wealth ...
(NEF).


Aims

ODAC aims to engage public interest, stimulate concern and create public-interest momentum for progressive change in energy policy and planning. The organisation disseminates related information as effectively as possible to news media, other opinion-formers and leaders, interest groups and the public at large. It seeks to facilitate information exchanges between and among interested parties and monitors developments in oil-depletion analysis, maintains an up-to-date information base, and offers an advisory service on oil-depletion issues.


History

The organisation was founded by Sarah Astor and Dr. Colin Campbell. In his book ''Oil Crisis'' Campbell explains that the
Astor family The Astor family achieved prominence in business, society, and politics in the United States and the United Kingdom during the 19th and 20th centuries. With ancestral roots in the Italian Alps region of Italy by way of Germany, the Astors settled ...
wanted to establish and provide funds for an institute to raise awareness on this issue of oil depletion and peak oil. The first director was Dr. Roger Bentley.


Publications

In 2004, ODAC sponsored Chris Skrebowski's report, called "Oil Field Megaprojects", which analysed data from 68 oil production projects. In November 2005, ODAC published a report after conducting a survey led by Chris Skrebowski, which concluded that oil supply will not meet demand by 2007 or 2008. In June 2007, a report authored by Colin Campbell predicted that peak oil would occur within four years.


Trustees

;Christopher Patey (Chair): Formerly Head of Public Affairs and Community Relations, Mobil North Sea Ltd, and author of a book on the history of the company's activities, he is currently a non-executive director of Sponsorship Consulting Ltd, a marketing communications firm. ;Sarah Astor: Co-founder of ODAC and of another UK charity that helps political refugees ( Asylum Aid), she was formerly a trustee of a research charity dedicated to sustainable land-use, agriculture and food systems (Elm Farm Research Centre). ; Dr. Colin Campbell: Former Executive Vice President,
Fina FINA (french: Fédération internationale de natation, en, International Swimming Federation, link=yes) (to be renamed as World Aquatics by ) is the international federation recognised by the International Olympic Committee (IOC) for administer ...
Exploration, Norway, he is Chairman and Founder of the Association for the Study of Peak Oil and Gas (ASPO) and visiting scientist at
Uppsala University Uppsala University ( sv, Uppsala universitet) is a public research university in Uppsala, Sweden. Founded in 1477, it is the oldest university in Sweden and the Nordic countries still in operation. The university rose to significance during ...
in Sweden. He has published three books and numerous articles on oil depletion. ; Richard Hardman, CBE: Former Vice President, Exploration,
Amerada Hess Hess Corporation (formerly Amerada Hess Corporation) is an American global independent energy company involved in the exploration and production of crude oil and natural gas. It was formed by the merger of Hess Oil and Chemical and Amerada Petr ...
International, he is now an oil and gas exploration consultant. He was formerly President of the UK Geological Society, and chairman of the Science and Innovation Strategy Board of the
Natural Environment Research Council The Natural Environment Research Council (NERC) is a British research council that supports research, training and knowledge transfer activities in the environmental sciences. History NERC began in 1965 when several environmental (mainly geog ...
. ;Roger Harrison: Formerly chairman of a media investment and property company, he was also a
non-executive director A non-executive director (abbreviated to non-exec, NED or NXD), independent director or external director is a member of the board of directors of a corporation, such as a company, cooperative or non-government organization, but not a member of th ...
of three major media companies and chief executive of ''
The Observer ''The Observer'' is a British newspaper published on Sundays. It is a sister paper to ''The Guardian'' and '' The Guardian Weekly'', whose parent company Guardian Media Group Limited acquired it in 1993. First published in 1791, it is the ...
'' newspaper. He is a trustee of several charities, including a social service charity ( Toynbee Hall) and Elm Farm Research Centre. ; Chris Skrebowski: Editor of '' Petroleum Review'', a monthly magazine published by the
Energy Institute The Energy Institute (EI) is a professional organization for engineers and other professionals in energy-related fields. The EI was formed in 2003 by the merger of the Institute of Petroleum (dating back to 1913) and the Institute of Energy (d ...
in London, he formerly edited ''Petroleum Economist'' and was an oil market analyst for the Saudis for eight years. He started his career in the oil industry as a long-term planner for BP, then joined ''Petroleum Times'' as a journalist and edited an offshore magazine in the late 1970s. ;David Strahan: David Strahan is an investigative journalist and documentary filmmaker, with many years experience of popularising some of the most difficult and important stories in business and science. He quit the
BBC #REDIRECT BBC #REDIRECT BBC Here i going to introduce about the best teacher of my life b BALAJI sir. He is the precious gift that I got befor 2yrs . How has helped and thought all the concept and made my success in the 10th board exam. ...
...
to spend two years researching and writing ''The Last Oil Shock: A Survival Guide to the Imminent Extinction of Petroleum Man'', published by John Murray in April 2007 (pbk ).


Advisers

* Ali Morteza Samsam Bakhtiari, Senior Analyst,
National Iranian Oil Company The National Iranian Oil Company (NIOC; fa, شرکت ملّی نفت ایران, Sherkat-e Melli-ye Naft-e Īrān) is a government-owned national oil and natural gas producer and distributor under the direction of the Ministry of Petroleum of ...
(NIOC),
Iran Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmeni ...
. * Brian Fleay, Institute of Sustainability & Technology Policy, Murdoch University, Australia. * Klaus Illum, Energy Systems Analysis Consultant, Denmark. * Jean Laherrère, Former Deputy Exploration Manager, Total Oil Company, France. * Ray Leonard, CEO Hyperdynamics Incorporated, Houston, Texas, USA. * Jim MacKenzie, Senior Associate,
World Resources Institute The World Resources Institute (WRI) is a global research non-profit organization established in 1982 with funding from the MacArthur Foundation under the leadership of James Gustave Speth. WRI's activities are focused on seven areas: food, for ...
, United States. * Susanne Peters, Senior Fellow, Political Science Department,
University of Giessen University of Giessen, official name Justus Liebig University Giessen (german: Justus-Liebig-Universität Gießen), is a large public research university in Giessen, Hesse, Germany. It is named after its most famous faculty member, Justus von ...
, Germany. *
Matthew Simmons Matthew Roy Simmons (April 7, 1943 – August 8, 2010) was founder and chairman emeritus of Simmons & Company International, and was a prominent figure in the field of peak oil. Simmons was motivated by the 1973 energy crisis to create an invest ...
, President,
Simmons & Company International ''Simmons Energy'' , A Division of Piper Jaffrey'' is an independent investment bank specializing in the energy industry, offering M&A advisory, capital markets execution and investment research. Simmons & Company International has offices in Hou ...
(energy investment firm), USA. * Walter Youngquist, Geologist and Consultant, USA. * Walter Ziegler, Exploration Consultant, Switzerland.


References


External links


ODAC Information site
{{Energy in the United Kingdom, nongovorg Peak oil Petroleum in the United Kingdom Educational charities based in the United Kingdom Organizations established in 2001 2001 establishments in the United Kingdom