Partial US oil, gas resource volumes termed astonishing'

Journal Article · Mon Mar 06 04:00:00 EST 1995 · Oil and Gas Journal; (United States)

OSTI ID:6831448

Petzet, G A

Land and state waters of the US contain technically recoverable volumes of 112.6 billion bbl of oil and 1,073.8 tcf of conventional and unconventional gas, the US Geological Survey estimated. The oil figure is 44% higher than the USGS assessed in its last study, released in 1989. The assessed 715 tcf of technically recoverable conventional gas reserves, expected reserve growth, and undiscovered accumulations is nearly 42% higher than the 1989 assessment. Moreover, the USGS for the first time assessed a further 300 tcf of technically recoverable gas in continuous-type largely unconventional deposits in sandstones, shales, and chalks, and almost another 50 tcf in coal beds. USGS estimated that 60 billion bbl will be added to the oil reserves and 322 tcf to the oil reserves and 322 tcf to the gas reserves of existing fields by way of revisions, extensions, and new pool discoveries during the 80 years following 1991. The estimates assume use of existing technology, and ignore barriers to leasing of onshore federal lands. The paper describes the results more fully.

• OSTI ID: 6831448
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 93:10; ISSN OIGJAV; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020200* -- Petroleum-- Reserves
Geology
& Exploration
03 NATURAL GAS
030200 -- Natural Gas-- Reserves
Geology
& Exploration
COAL DEPOSITS
COAL SEAMS
COMPILED DATA
DATA
DEVELOPED COUNTRIES
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GEOLOGIC DEPOSITS
INFORMATION
LIQUIDS
MINERAL RESOURCES
NATIONAL ORGANIZATIONS
NATURAL GAS
NATURAL GAS DEPOSITS
NATURAL GAS LIQUIDS
NORTH AMERICA
NUMERICAL DATA
PETROLEUM
PETROLEUM DEPOSITS
REGIONAL ANALYSIS
RESERVES
RESOURCES
US DOI
US GS
US ORGANIZATIONS
USA