Initial Report on Oil and Gas Resources, Reserves, and Productive Capacities

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U.S. Federal Energy Administration, 1975 - Natural gas - 250 pages

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Page 5 - Crude oil is technically defined as a mixture of hydrocarbons that exists in the liquid phase in natural underground reservoirs and remains liquid at atmospheric pressure after passing through surface separating facilities.
Page 5 - Committee's definition of proved reserves defines the current estimated quantity of natural gas and natural gas liquids which analysis of geologic and engineering data demonstrate with reasonable certainty to be recoverable in the future from known oil and gas reservoirs under existing economic and operating conditions.
Page 5 - Proved oil and gas reserves. Proved oil and gas reserves are the estimated quantities of crude oil, natural gas, and natural gas liquids which geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from known reservoirs under existing economic and operating conditions, ie, prices and costs as of the date the estimate is made.
Page 2 - Title 18, USC 1001. makes it a crime for any person knowingly and willingly to make to any Agency or Douajuimil of the United States any false, fictitious, or fraudulent statements as to any matter within its jurisdiction.
Page 5 - Liquids technically defined as crude oil; 2. Small amounts of hydrocarbons that exist in the gaseous phase in natural underground reservoirs but are liquid at atmospheric pressure after being recovered from oil well (casinghead) gas in lease separators;* and 3.
Page 5 - Reservoirs are considered proved that have demonstrated the ability to produce by either actual production or conclusive formation test. "The area of a reservoir considered proved is that portion delineated by drilling and defined by gas-oil, gas-water, or oil-water contacts or limited by structural deformation or lenticularity of the reservoir.
Page 5 - ... proved" classification when successful testing by a pilot project, or the operation of an installed program in the reservoir, provides support for the engineering analysis on which the project or program was based.
Page 3 - An area consisting of a single reservoir or multiple reservoirs all grouped on or related to the same individual geological structural feature and/or stratigraphic condition. There may be two or more reservoirs in a field which are separated vertically by intervening impervious strata, or laterally by local geologic barriers, or by both. Reservoirs that are associated by being in overlapping or adjacent fields may be treated as a single or common operational field. The geological terms "structural...
Page 3 - Field. An area consisting of a single reservoir or multiple reservoirs all grouped on or related to the same individual geological structural feature and/or stratigraphie condition.
Page 8 - It will also report the results of engineering studies of 34 additional fields which, together with the 25 field studies included in the current report, will cover more than half of the Nation's proved reserves of oil and about 30 percent of natural gas reserves.

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