Sentences with phrase «economically recoverable oil»

Nearly 20 billion metric tons of CO2 will need to be purchased by CO2 - EOR operators to recover the 67 billion barrels of economically recoverable oil.

Or it might change because economically recoverable oil runs out.

Not exact matches

Adam Sieminski, head of the department's Energy Information Administration, said: «Today's report indicates a significant potential for international shale oil and shale gas, though the extent to which technically recoverable shale resources will prove to be economically recoverable is not yet clear.»

«The Deepwater Horizon disaster has also focused attention on the oil sands» 170 - billion [barrels] of economically recoverable reserves,» said Peter Buchanan and Meny Grauman.

At present, it is generally figured that only 10 % of the oil - in - place is economically recoverable.

[Response: The point of that quote was not to say that all 1.7 trillion barrels should be added to economically recoverable reserves right now, but to just point out the pace of extraction technology, so taking the stance that they'll never be able to get all that oil out anyway is not a very sound position.

There is a raging battle today about the size of fossil fuel reserves and resources, with «peakists» claiming that we are already at or near peak production of both oil and coal because the amounts of economically recoverable fuels in the ground are more limited than the fossil fuel industry has admitted.

[4] They project that at least 137 billion barrels of oil could potentially be extracted, 67 billion barrels of which could be economically recoverable at a price of $ 85 a barrel.

Slaughter estimated U.S. technically recoverable, economically feasible tight oil reserves at more than 40 billion barrels:

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.

Vast quantities of coal — proven to exist — remain in the ground — but not included on the reserve tally because they are not economically recoverable at current prices — in part due to the availability of oil and natural gas.

Today's paper compares this allowable carbon budget with scientists» best estimate of how much oil, gas and coal exist worldwide in economically recoverable form, known as «reserves».