IEA Report Wrestles with Global Oil and Gas Investment as Fields Decline

October 20, 2025--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--A recent report from the International Energy Agency (IEA) (Paris, France) on rates of decline in the world's oil and gas fields was informative yet frustrating. Informative because the agency comprehensively slices and dices the data, as it typically does. But frustrating because the largely technical report touched only briefly on the varying levels of oil and gas investment that might be needed to meet different amounts of global oil and gas demand to 2050.