The analysis of ultimate oil resources usually begins with estimates of
published oil reserves.
Not exact matches
«If you go with the numbers that are being
published, if you account for the tar sands in Northern Alberta, we're supposed to have the second largest
oil reserves in the world, second only to Saudi Arabia,» says Ma.
Yet the practice is widespread, in part because
oil prices have been much higher in recent years and because it is hard to find new multimillion barrel reservoirs these days, especially in the picked over U.S. Denbury, based in Plano, Texas, controls more than 1,000 miles of CO2 pipelines and has
published reserves of 17 trillion cubic feet of the greenhouse gas, used to pump more than 70,000 barrels of
oil a day.
Publication date: 1992-07-01 First
published in: Journal of Petroleum Science and Engineering Authors: B.J. Ayeni, R. Pilat Abstract: The
oil industry has used decline curve analysis with limited success in estimating crude
oil reserves and in predicting future behavior of
oil and gas wells.
The World Energy Council
published a report in 2010, which summarized not only the proven
reserves of all fossil fuels (
oil, natural gas and coal), but also gave estimates for the «inferred possible total resources in place» for these fossil fuels.
A study
published in the journal Nature estimated 21 percent of Africa's
oil reserves and 33 percent of gas
reserves would need to remain in the ground if the world is going to limit warming to an agreed target of around 1.5 degrees.
In 2014, Ukraine was ranked number 19 on the Emerging Market Energy Security Growth Prosperity Index,
published by the think tank Bisignis Institute, which ranks emerging market countries using government corruption, GDP growth and
oil reserve information.
However, according to a report dated October 27, 2006,
published by Environment News Service, the offshore and onshore
oil reserves of Balochistan alone are estimated to top 6 trillion barrels.
Sonangol collects billions of dollars a year in revenues on behalf of the Angolan government and controls other companies» access to Angola's
oil and gas
reserves, but does not
publish its accounts and discloses little detailed information about its activities.
Research
published in Nature recommends that, globally, a third of
oil reserves, half of gas
reserves, and over 80 percent of current coal
reserves should remain unused from 2010 to 2050, in order to keep average global temperatures from rising no more than two degrees Celsius above pre-industrial levels.
If you quantify the CO2 available from
published reserve estimates of
oil NG and coal, and you use realistic estimates of production rates, you have just enough CO2 to give you that doubling, so we are looking at, worst case, 0.7 degrees C additional warming in this century.
More on the benefits of shale gas as touted by fracking companies being overstated: According to new independent analysis,
published in The
Oil Drum, of extent of the US» shale gas
reserves and the economics of extracting those finds that «industry
Also in January, a scientific analysis
published in Nature concluded that 80 % of coal
reserves, 50 % of gas
reserves and 33 % of
oil reserves were unburnable if warming is to be limited to 2C.