The results shown in Figure 17 confirm the need to use targets with no recoverable depth to achieve a complete tracking.
Once a vast inland sea, the Athabasca wilderness, within a 250-mile radius of Fort McMurray in northern Alberta, is believed to hold 315 billion barrels of recoverable oil enough to supply all U.S. import needs for the next 50 years.
Once a vast inland sea, the Athabasca wilderness, within a 400-kilometer radius of Fort McMurray in northern Alberta, is believed to hold 315 billion barrels of recoverable oil enough to supply all U.S. import needs for the next 50 years.
Last summer, the New York attorney general and the Securities and Exchange Commission sent subpoenas to several companies to see whether they were accurately portraying the amount of recoverable gas to investors.
Aramco, now pumping fewer than 9 million bpd, insists it could sustain 12 million bpd for decades and plans to boost recoverable reserves 40% to 450 billion barrels, enough to last for 15 years at today's consumption rate.
Most experts think this will raise the estimate of recoverable oil to 10bn or 11bn barrels.
Put together, these fuels should bring hundreds of billions of barrels of recoverable reserves to market in coming decades and shift geopolitical and economic calculations around the world.
The strain is immediate with stress and is reversible (recoverable) up to the yield point stress, beyond which permanent strain results.
Oilmen consider 5 billion barrels of recoverable oil to be a superfield.
