By Tom Latourette

ISBN-10: 0833031783

ISBN-13: 9780833031785

ISBN-10: 0833033972

ISBN-13: 9780833033970

This file lays the root for picking out the gasoline and oil assets which are realistically on hand whilst exploration and construction bills, infrastructure and transporation expenses, and enviromental affects are thought of.

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Additional resources for Assessing Gas and Oil Resources in the Intermountain West Review of Methods and Framework for a New Approach

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Common methods of disposal are surface disposal or, more commonly, reinjection.

S. Geological Survey assessment, for example, show a 14-fold increase in the coalbed methane resource in the Powder River Basin (Energy Information Administration, 2002). S. Geological Survey assessment appears to reflect its earlier effective date. As more has been learned from actual exploration and production activity in recent years, some resource assessments have gradually reduced their expectations for the tight sandstone resource. 7 tcf by 2000, accounting for over 80 percent of the total growth in lower-48 natural gas production during this period.

Geological Survey Province 037), for example, over 99 percent of the undiscovered conventional gas resource is in nonconventional deposits. 34/mcf. Thus, while gas resources in the Intermountain West are abundant, they are primarily contained within nonconventional deposits and are therefore largely inaccessible for economic reasons. 1 are current as of about 1994. It is important to note that technological improvements and changing economic conditions will alter these estimates over time. The use of more current recoverable resource estimates and cost assumptions will undoubtedly alter the results, particularly regarding the costs of developing nonconventional resources.

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