Sentences with phrase «recoverable resource»

The WEC 2010 «proven reserves» number is much smaller than the «inferred possible recoverable resource» number.

The WEC 2010 estimate I have used is at the high end of the range with between 800 and 900 Gt of «proven reserves» worldwide and a «total inferred recoverable resource» of 1,900 Gt.

You have already reduced the estimated recoverable resource from 63 - 83m cts to 58.5 m based on 2.2 m carats mined per year but the company's stated plan is to slowly ramp up mining up to 3m cts / year.

Their Competent Person's Report (CPR) confirms a Recoverable Resource of 63 to 83 million carats, or an average of 73 million carats.

The U.S. report looked only at technically recoverable resources without regard to profitability, and warned the estimates are «highly uncertain».

«We now have knowledge and comfort that we have an incredible resource base — technically recoverable resources of 3,000 trillion cubic feet,» said Rita Beale, IHS senior director of power, gas, coal and renewables.

The EIA expects that nearly half of all the «technically recoverable resources» of shale gas identified so far would be consumed by 2030.

There are sufficient fossil fuel resources to readily supply 1000 GtC, as fossil fuel emissions to date (370 GtC) are only a small fraction of potential emissions from known reserves and potentially recoverable resources (Fig. 2).

«The US EIA report of April 2011 for example estimate UK recoverable resources, which almost invariably increase as time progresses, at 20TCF or 566.33 BCM or over 6 years of total use.

«CO2 - EOR is a well - established and mature technology already providing about 5 percent of U.S. oil production, and we estimate that CO2 - EOR has further potential to add 60 billion barrels of crude oil to U.S. recoverable resources.

A study commissioned by EIA to assess shale oil resources in 41 countries outside the United States, taken in conjunction with EIA's own assessment of resources within the United States, indicate worldwide technically recoverable resources of 345 billion barrels of shale oil resources.

While natural gas reserves reached another record in 2014 and oil reserves were the highest since 1972, the technically recoverable resources from which they came are enormous and will continue to supply proved reserves for Americans for decades to come.

Proved reserves are developed from technically recoverable resources, of which the United States has an immense amount.

As shown in Table 1, estimates in the updated report taken in conjunction with EIA's own assessment of resources within the United States indicate technically recoverable resources of 345 billion barrels of world shale oil resources and 7,299 trillion cubic feet of world shale gas resources.

Comparison of the 2011 and 2013 reports ARI report coverage 2011 Report 2013 Report Number of countries 32 41 Number of basins 48 95 Number of formations 69 137 Technically recoverable resources, including U.S. Shale gas (trillion cubic feet) 6,622 7,299 Shale / tight oil (billion barrels) 32 345 Note: The 2011 report did not include shale oil; however, the Annual Energy Outlook 2011 did (for only the U.S.) and is included here for completeness.

manacker, you are probably looking at the reserves number rather than the potentially recoverable resources which is ten times larger.

There have been all sorts of estimates of «hypothetical», «speculative» coal (and oil) out there, but I'd put my bets on estimates of «inferred possible recoverable resources» by organizations like IEA, BGR or WEC.

The part of these resources that become economically recoverable resources will depend on the market price of natural gas from foreign sources, including both pipeline gas and liquefied natural gas, as well as the capital and operating costs and productivity of shale gas production within China.

The ultimate level of recoverable resources is the ultimate constraint on supply.

Hunter, you show your ignorance as there is a difference between the ultimately recoverable resources (URR) and the original oil in place (OOIP).

Not exact matches

The U.S. Department of Energy estimated «technically recoverable» shale oil resources of 345 billion barrels in 42 countries it surveyed, or 10 percent of global crude supplies.

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.»

As a signatory to the Australian Packaging Covenant (APC), TWE is committed to designing packaging in a way that is more resource efficient and more recyclable, is recoverable and reduces litter.

This new cold war is all about trade and resources: According to a 2008 study by the U.S. Geologic Survey, the Arctic has 20 percent of the planet's undiscovered and recoverable oil and natural gas deposits.

The United States is eighth on the list with 102,000 tonnes of known recoverable uranium resources.

Comparison of the enormous amount of recoverable uranium resources identified to global demand leads the World Nuclear Association to state:

Known recoverable uranium resources in unmined ore deposits by country as of 2004 are shown in Table 1.

Although there are uncertainties in reserves and resources, ongoing fossil fuel subsidies and continuing technological advances ensure that more and more of these fuels will be economically recoverable.

Estimates of reserves (profitable to extract at current prices) and resources (potentially recoverable with advanced technology and / or at higher prices) are the mean of estimates of Energy Information Administration (EIA)[7], German Advisory Council (GAC)[8], and Global Energy Assessment (GEA)[9].

It's a v different, and far more amazing, beast today — with 67 mio barrels of recoverable Prospective Resources surely now in the bag?

This identified Total Prospective Resources of 187 mio barrels, which boiled down to Expected Probable Recoverable Reserves of 47 mio barrels.

quote: «Not every acre of land under lease contains commercially recoverable oil or natural gas resources.

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.

Publication date: 2009-04-01 First published in: Russian Geology and Geophysics Authors: A.E. Kontorovich Abstract: A probabilistic estimate of the global conventional recoverable oil resource was performed based on the concept of the Earth's sedimentary cover as a holistic system.

But before doing so, pay attention to this very important note: solar energy potential and energy potential shown for the other renewable energy resources is annual potential, while the energy potential shown for the fossil fuel resources is total recoverable reserves.

@manacker: Based on estimates by WEC 2010, the «inferred possible total recoverable fossil fuel resources» remaining in 2008, represented around 85 % of all the resources that ever existed on our planet.

Based on estimates by WEC 2010, the «inferred possible total recoverable fossil fuel resources» remaining in 2008, represented around 85 % of all the resources that ever existed on our planet.

Wiki also has estimates with data from several sources; these lie well below the WEC estimate of «inferred total fossil fuel resources», which I cited (and which is several times higher than the «proven recoverable reserves» estimate).

The logic of distinguishing between reserves, which are defined as being proved and recoverable, and resources, which include additional discovered and undiscovered inferred / assumed / speculative quantities, is that over time production and exploration activities allow to reclassify some of the resources into reserves.

A probabilistic estimate of the global conventional recoverable oil resource was performed based on the concept of the Earth's sedimentary cover as a holistic system.

Similarly, we should remember that the Arctic is one of the world's largest sources of undiscovered recoverable petroleum resources.

The U.S. Energy Information Agency (EIA) reports that over 1,300 trillion cubic feet of technically recoverable shale and tight natural gas and 89 billion barrels 9 of technically recoverable shale oil resources currently exist in discovered shale and tight sandstone plays.

It's also worth noting that old definitions of reserves need to be treated with caution - I think kagiso mentioned coal basin resources versus economically recoverable reserves.

The Arctic contains the world's largest remaining conventional, undiscovered oil and natural gas, estimated at 13 percent of recoverable oil and 30 percent of recoverable natural gas resources.

Cambridge Energy Research Associates estimate that the total recoverable oil resources in place are 3.74 trillion bbl (including non-conventional sources such as shale).

Let's assume that the «inferred possible total fossil fuel resources in place» as estimated by WEC are 100 % recoverable.

[iii] According to the EIA report, the United States has recoverable oil resources that are 36 times larger than its proved oil reserves and recoverable natural gas resources that are 7 times larger than its proved natural gas reserves for 2014.

EIA estimates that China holds the largest reserves of technically recoverable shale gas in the world, and China was among the first countries outside of North America to develop its shale resources.

A new EIA report shows that shale resources in the United States and worldwide represent 10 percent of the world's crude oil and 32 percent of the world's technically recoverable natural gas resources.

Technically Recoverable Shale Oil and Shale Gas Resources: An Assessment of 137 Shale Formations in 41 Countries Outside the United States