In those regions with a long history of substantial internal demand (USA / Canada and Europe), cumulative production exceeds reserves and, at least for the low estimate, approaches half of
the estimated ultimate recovery.
Cumulative production, reserves and
estimated ultimate recovery of natural gas by region (Tcm as of 31 December 2005).
Cumulative production during just these 45 years will consume 37 (high) to 45 per cent (low) of the world's
estimated ultimate recovery of natural gas.
The per well
estimated ultimate recovery (EUR) in the Kersey Area is 490 thousand barrels of oil equivalent («MBoe») for a standard reach lateral («SRL»)(~ 4,200»), 800 MBoe for a mid-reach lateral («MRL»)(~ 6,900») and 1,100 MBoe for an extended reach lateral («XRL»)(~ 9,500»).
Not exact matches
The researchers
estimate the
ultimate gas
recovery from a sample of 8,294 horizontal wells in the Barnett Shale will be between 10 trillion and 20 trillion standard cubic feet (scf) during the lifetime of the wells.
Mr. Wakefield, I believe that the alternative lower
estimates of
ultimate recovery of gas from these Barnett, Haynesville and Fayetteville wells are an important part of the debate and need to be seriously considered.
Recovery growth is defined as increases over time in the estimates of ultimate oil recovery from discovered
Recovery growth is defined as increases over time in the
estimates of
ultimate oil
recovery from discovered
recovery from discovered fields.
This
estimate assumes that
ultimate recovery factors from known crude oil - in - place of approximately seven trillion barrels will reach 35, 40 and 45 per cent (plus additional NGLs).