In addition to proved developed reserves, there are three categories of
potential oil reserves: (i) recovery growth from known fields, (ii) future discoveries, and (iii) unconventional resources.
Doesn't matter how big global estimated
potential oil reserves are in total: when an oil company has diminishing access to state - controlled fossil fuels it may be experiencing its own peak - as a corporation.
Potential oil reserves are located in many small accumulations in complex geological formations, rather than in one giant field as was discovered at Prudhoe Bay.
Not exact matches
AZERBAIJAN: Azerbaijan's major
oil reserves and decade - long economic boom make it an attractive
potential partner for the EU, which needs to diversify its energy sources away from a heavy dependence on Russian gas.
The manual is highly technical and outlines concerns specific to the industry, including accounting rules for
oil reserves, how to review engineering reports, environmental issues such as
potential oil spills and other risks.
For the time being, much of the analysis on the financial losses focuses on the plunge in
oil and coal prices, and the
potential that a huge portion of the global
reserves of
oil, gas, and coal will be «stranded» in the ground to curb climate change.
shale
oil may be a bubble but countries like Libya Iraq Iran produce nothing compared to their
potential / production capacity + there is always offshore exploration recently Morocco seems to be in the spot light not to mention the arctic sea / north pole especially Russia where a new Koweit is to be found and also south China sea Venezuela's tight
oil if all the types of
oil are included venezuela must be a heaven with a quarter of global
oil reserves with +300 billion barrels more than 260 bbls of Saudi Arabia that can still produce more than 10/11 million barrel / day that it's procucing today.
Nov - 2010: Company confirmed «an estimate of
potential reserves that could exceed 25 million barrels of
oil `.
A script pulled out the direct fossil fuel investments using the Carbon Underground 200 that identifies the top 100 public coal companies globally and the top 100 public
oil and gas companies globally, ranked by the
potential carbon emissions content of their proven
reserves.
I'm hoping I am but I'm also very suspicious, cf. (apols to own blog link) recent IEA work on EOR's role in increasing proven
oil reserves (
potential to double them) and CO2's role in EOR (thus I think you have to consider to what extent CCS minus EOR is going to viable / whether actually it's a just a bit too bloody convenient for existing
oil interests).
The
potential reward is huge: saving the world from catastrophic climate change, powering our society with abundant new energy, and ending a global economic imbalance now tilted toward nations that happen to sit atop
oil reserves.
If the Brazilian government carefully manages the growth of its energy supply from its competitively advantageous pre-salt
oil reserves and renewable energy, it has significant sustainable investment
potential.
Today, WRI launched the first comprehensive methodology to measure and report
potential emissions from
oil, gas and coal
reserves.
In addition to its
potential as an energy transport conduit and wind - generating resource, the East China Sea also has
oil and gas
reserves.
Through field - by - field analysis of production trends at 800 of the world's largest oilfields, an assessment of the
potential for finding and developing new
reserves and a bottom - up analysis of upstream costs and investment, WEO - 2008 takes a hard look at future global
oil and gas supply.
Those wanting independence — the «Yes» camp — claim the country's renewable electricity
potential and North Sea
oil and gas
reserves can provide cheap, clean energy for decades to come.
Well known for its vast
oil and natural gas
reserves, Oklahoma will come to be recognized for its wind resources as well, currently ranking in the top 10 U.S. states for wind - energy
potential.
Not a single fossil fuel company in the world discloses
potential emissions from their
reserves of
oil, gas and coal — and that is a big problem.
The economy of the Falklands has traditionally been based on agriculture, be it through sheep farming or fishing, but now the
potential for an
oil boom that triples the size of British
reserves has some major companies considering investments in the region.
Represented a listed company in relation to an
oil and gas investment dispute in Indonesia, including whether there was a breach of warranty as to the
potential quantities of gas
reserves in the concession.