Oil analysis proves that synthetic oil changed at 10k miles still has lots of life in it.
Not exact matches
Additionally, the SEC requires
oil and gas companies, in filings made with the SEC, to disclose
proved reserves, which are those quantities of
oil and gas, which, by
analysis of geoscience and engineering data, can be estimated with reasonable certainty to be economically producible — from a given date forward, from known reservoirs, under existing economic conditions, operating methods, and governmental regulations.
According to one recent
analysis, staying below 2 ° C would require that a third of all
proved reserves of
oil, half of all natural gas and 80 percent of coal remain in the ground.
Risk is a perception in each investor's mind that results from
analysis of the probability and amount of potential loss from an investment, writes legendary investor Seth Klarman, «If an exploratory
oil well
proves to be a dry hole, it is called risky.
Based on information and
analysis about the North American crude transport infrastructure (particularly the
proven ability of rail to transport substantial quantities of crude
oil profitably under current market conditions, and to add capacity relatively rapidly) and the global crude
oil market, the draft Supplemental EIS concludes that approval or denial of the proposed Project is unlikely to have a substantial impact on the rate of development in the
oil sands, or on the amount of heavy crude
oil refined in the Gulf Coast area.
A detailed
analysis of how
oil and gas companies calculate their «
proven», «probable» and «possible» reserves and a comparison of current estimates.
In reality, however, the intrinsic value of most publicly traded
oil and natural gas companies is based primarily on the valuation of
proved reserves, 90 percent of which are expected to be monetized in 10 to 15 years, as a recent
analysis by IHS Climate Strategy Dialogue shows.
Folks on the Al Gore side, in other words, have the situation preposterously backwards: they first should shoot down what skeptics say with superior scientific reasoning and
analysis, and then nail the coffin shut by
proving precisely how skeptics put out fabricated material bought by «big coal &
oil».
Many
oil and gas companies have restricted their climate
analyses to
proven reserves — volumes of
oil and gas that are currently economically recoverable with a high degree of confidence.
It does so by going beyond the now classic Carbon Tracker
analysis (the foundation of McKibben's 2012 article), updating it by focusing not on the entire body of fossil - fuel reserves, but on the smaller set (roughly 30 % of the «
proven» reserves) of reserves that have already been «developed» — the «
oil fields, gas fields, and coal mines that are already in operation or under construction.»