Sentences with phrase «technically recoverable»

If the contract does, the cost to write the letter is technically recoverable.
We have about 2.744 quadrillion cubic feet of technically recoverable natural gas.
1 % are «readily available with current technologies», 5 % are «technically recoverable», 6 % are «marginal targets for accelerated technology», and the remaining 84 % are «unknown but probable».
The Beaufort and Chukchi seas off the coast of Alaska contain more technically recoverable oil and natural gas than the Atlantic and Pacific coasts combined, according to government estimates.
China's technically recoverable shale gas resources are estimated at 1,115 Tcf.
The total worldwide technically recoverable gas resources are roughly 16,000 trillion cubic feet, largely excluding shale gas.
It is critical to note that the 1995 assessment only dealt with estimating the in - place volume of gas with hydrates, whereas this more recent assessment dealt only with technically recoverable gas.»
The US Arctic Alaska Petroleum Province holds mean estimates of undiscovered, technically recoverable oil and gas resources of nearly 30 billion barrels of oil, about... Read more →
Technically Recoverable Shale Oil and Shale Gas Resources: An Assessment of 137 Shale Formations in 41 Countries Outside the United States
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.
Slaughter estimated U.S. technically recoverable, economically feasible tight oil reserves at more than 40 billion barrels:
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.
2,384 tcf in technically recoverable reserves, including 2,226 tcf from conventional sources, tight sands and carbonates and shales, plus 158 tcf in coalbed reserves.
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.
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.
Proved reserves are developed from technically recoverable resources, of which the United States has an immense amount.
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.
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.
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.
The Arctic's undiscovered but technically recoverable oil is on the order of 90 billion barrels, according to a U.S. Geological Survey report released late in 2008.
The EIA expects that nearly half of all the «technically recoverable resources» of shale gas identified so far would be consumed by 2030.
DOE was to do a speedy analysis that could ease public concern and start the industry down a more sustainable path as it tries to develop the 800 trillion cubic feet of technically recoverable gas in the shale.
The US Geological Survey estimated in 2008 that the Arctic holds up to 90 billion barrels of oil — 13 % of the world's technically recoverable supply.
In its 2012 energy outlook, EIA slashed its estimate of unproved technically recoverable shale gas nearly in half to 482 trillion cubic feet, still a 20 - year supply based on today's U.S. consumption.
It's there, in the Wolfcamp formation of the Permian, that the United States Geological Survey (USGS) recently discovered 20 billion barrels of «technically recoverable» oil, the largest deposit ever to be found in the U.S. Bloomberg reports that the deposit is worth an estimated $ 900 billion at today's prices.
«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 IHS study says that the Permian still has a gargantuan 60 to 70 billion barrels of technically recoverable oil reserves.
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 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.
The U.S. report looked only at technically recoverable resources without regard to profitability, and warned the estimates are «highly uncertain».
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