This is a guest post by Matthieu Auzanneau, a freelance journalist in France, author of the Oil Man blog at Le Monde, where this post first appeared.

The combined crude oil production of the five main international oil companies (Exxon, BP, Shell, Chevron and Total) hit an historic high in 2004. Since then, it has fallen by 25.8%, despite large increases in investments.

via Seguir leyendo The Oil Drum | Total Production by the Top Five Oil Majors Has Fallen by a Quarter Since 2004.