Then & Now: Global oil supply transformation
Update: 2025-11-25
Description
In this Then & Now episode of the Oil & Gas Journal ReEnterprised podcast, Statistics Editor Laura Bell-Hammer takes listeners on a journey through three decades of oil-market transformation.
Bell-Hammer looks back at the mid-1990s, when US production was believed to be in irreversible decline, fast-forwarding to today’s record production highs powered by shale technology, deepwater advances, and new global producers.
From the Permian basin to Brazil’s presalt and Guyana’s meteoric rise, this episode reveals how technology reshaped the world’s supply map.
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