ASPO analysis of BP Statistical Review suggests peak is near.

Steve Andrews of ASPO: “Six non-OPEC nations increased by over 100,000 barrels/day-year (vs. 12 in 2004); two non-OPEC experienced declines over 100,000 barrels/day-year (also two in 2004). Peak appears to be close but not yet; we were on relatively plateau production during 2005-2008, then down in 2009, up strongly in 2010, up so far in 2011. BP’s data show 2010 world oil production at 82.095 mdb, up 2.2% vs. 2009 to a new high. / Note that the Top 10 producers account for 61% of world oil production and that the Top 20 account for 84%; all Top 20 produce over 1 million barrels per day. So it is the production trends of the Top 20 world oil producers that will determine when world oil production peaks. …Note how many nations have likely peaked: 6 of top 10, 10 of the top 20; etc. Despite big gains from China and Russia, they could peak (Russia repeak) soon.”