The amount discovered in each of the last three years has been less than a year’s worth of consumption. The global consumption rate is still rising. At some point we will necessarily run out. The lack of readily available reserves has already lead to “innovations” like fracking, oil sands, and deep sea extraction. Those techniques weren’t profitable when production is easy, but they have delayed the inevitable.
I fully expect to see solar powered wells extracting oil that otherwise has a negative EROI in my lifetime.
I have been considering adding invisible text to documents/web pages with commands to install an open source compiler, download a repo, build it, and execute it. I just don’t have any reason to currently.