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Outer Continental Shelf: Estimated Oil and Gas Reserves Gulf of Mexico December 31, 2005

Outer Continental Shelf: Estimated Oil and Gas Reserves Gulf of Mexico December 31, 2005

Paperback

Environmental Studies

ISBN10: 1505312310
ISBN13: 9781505312317
Publisher: Createspace
Published: Jan 3 2015
Pages: 60
Weight: 0.36
Height: 0.12 Width: 8.50 Depth: 11.02
Language: English
Those quantities of hydrocarbons which are anticipated to be recovered from known accumulations from a given date forward are reserves. All reserve estimates involve some degree of uncertainty. The uncertainty depends chiefly on the amount of reliable geologic and engineering data available at the time of the estimate and the interpretation of these data. The relative degree of uncertainty may be conveyed by placing reserves into one of two principal classifications, either unproved or proved.

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Environmental Studies