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Oil Reserves In Alberta

Journal of Canadian Petroleum Technology, 1972
Abstract Introduction IT IS OF CONSIDERABLE INTEREST TO KNOW the total amount of conventional crude oil which can be recovered in Alberta. The Energy Resources Conservation Board has estimatedl J1 this quantity at 20 billion barrels; it also estimated the annual increase of
C. van de Panne, John W. Kirkpatrick
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Canadian Oil Reserves

Transactions of the AIME, 1923
Though production began in Canada only a short time after the discovery ofoil in the United States, it has never attained large proportions, and if wewere to judge entirely by the past the reserves of Canada would be put at avery low figure. There are only two areas from which oil is marketed at thepresent time; one, the old district around Petrolia in
Ralph Arnold, Walter A. English
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Undiscovered Oil Reserves

1975
That the traditional optimism of the oil industry can easily become irrational is perfectly exemplified by recent Canadian experience. Application of this experience to the world scene is illuminating. Forecasts of "potential" reserves based on volumes of sedimentary rock, without the incorporation of probability factors, must be abandoned.
I. H. Mackay, F. K. North
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Marginal Oil Fields, Profitable Oil at Low Reserves : How?

SPE Hydrocarbon Economics and Evaluation Symposium, 1995
Abstract Fields with recoverable reserves of about five million barrels of oil are considered in Egypt as marginal fields. Economics of Egyptian marginal oil fields depend on non-traditional approaches followed in developing and operating such fields.
M.N. Agiza, S.E. Shaheen, S.A. Barawi
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The paradox of oil reserve forecasts: The political implications of predicting oil reserves and oil consumption

Energy Policy, 2010
Abstract In the light of the outstanding importance of hydrocarbons for global energy, the controversy over peak oil has become both pressing and emotionally charged. Two conflicting parties – alarmists and optimists – hold irreconcilable positions.
Oded Balaban, Alexander Tsatskin
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Estimating Oil Reserves in Oil-Water Transition Zones

SPE Asia Pacific Conference on Integrated Modelling for Asset Management, 2000
Abstract The amount of recoverable oil in an oil-water transition zone depends on the distribution of oil saturation as a function of depth, and the relationship between initial oil saturation in the transition zone (Soitz) and residual oil saturation in the transition zone (Sortz).
R. L. Christiansen   +2 more
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Oil Reserves and Peak Oil

2014
The history of estimating oil reserves has proven a history of long-lasting misunderstandings. The split between the environmental perception of depletion and the common man’s view, further contrasted the differences between the standpoints of the scientific and business communities, led to the most controversial topic ever debated within the energy ...
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Recalculating Future Oil Reserves

Science, 2005
In his Policy Forum “Oil: Never cry wolf—why the petroleum age is far from over” (21 May 2004, p. 1114), L. Maugeri claims that new discoveries of oil and other hydrocarbons will stave off oil scarcity for many generations to come. As the physicist Albert Bartlett ([1][1]) demonstrated nearly three decades ago, “When we are dealing with exponential ...
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The Valuation of Oil Reserves

SPE Hydrocarbon Economics and Evaluation Symposium, 1989
ABSTRACT The decision to make investments in oil or gas reserves is determined by the relationship between the value of a barrel in-ground and the cost of creating a new one. Wide disparities between these two values will result in investment or disinvestment until the in ground value is equal to the cost of replacement ...
M.A. Adelman, M.F. Koehn, de H.
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