This is a simple division series; each number is one-half of the previous number.
In other terms to say, the number is divided by 2 successively to get the next result.
4/2 = 2
2/2 = 1
1/2 = 1/2
(1/2)/2 = 1/4
(1/4)/2 = 1/8 and so on.
This is an alternating addition series with repetition, in which a random number, 66, is interpolated as every third number. The regular series adds 2, then 3, then 2, and so on, with 66 repeated after each "add 2" step.