Terminology: Proved Reserves and Undiscovered Resources: The Importance of Terminology: The Example of the Bakken Formation; Conventional Versus Unconventional Oil and Natural Gas Deposits; (4) Authoritative Data Sources for U.S. Fossil Fuel Reserves and Resources (R&R); (5) U.S. Oil and Natural Gas R&R: Proved Reserves; Undiscovered Oil and Natural Gas R&R; Sub-Economic Oil and Natural Gas R&R; Shale Oil; Shale Gas; Methane Hydrates; Heavy Oil; (6) U.S. Coal R&R; (7) Expressing Fossil Fuels as Barrels of Oil Equivalent; (8) Overview of Global Fossil Fuel R&R; (9) U.S. Production and Consumption of Oil, Natural Gas, and Coal; Key Terms Used in Oil Statistics. Illus.
Discussions of U.S. and global energy supply refer to oil, natural gas, and coal using several terms that may be unfamiliar to some. The terms used to describe different types of fossil fuels have technically precise definitions, and misunderstanding or misuse of these terms may lead to errors and confusion in estimating energy available or making comparisons among fuels, regions, or nations. Fossil fuels are categorized, classified, and named using a number of variables. Naturally occurring deposits of any material, whether it is fossil fuels, gold, or timber, comprise a broad spectrum of concentration, quality, and accessibility (geologic, technical, and cultural). Terminology is adopted to reflect those characteristics. For oil and natural gas, a major distinction in measuring quantities of energy commodities is made between proved reserves and undiscovered resources. Proved reserves are those amounts of oil, natural gas, or coal that have been discovered and defined, typically by drilling wells or other exploratory measures, and which can be economically recovered. In the United States, proved reserves are typically measured by private companies, who report their findings to the Securities and Exchange Commission because they are considered capital assets. In addition to the volumes of proved reserves are deposits of oil and gas that have not yet been discovered, and those are called undiscovered resources. The term has a specific meaning: undiscovered resources are amounts of oil and gas estimated to exist in unexplored areas. If they are considered to be recoverable using existing production technologies, they are referred to as undiscovered technically recoverable resources (UTRR). In-place resources are intended to represent all of the oil, natural gas, or coal contained in a formation or basin without regard to technical or economic recoverability.
Current discussions of U.S. and global energy supply refer to oil, natural gas and coal using several terms that may be unfamiliar to some. The terms used to describe different types of fossil fuels have technically precise definitions, and misunderstanding or misuse of these terms may lead to errors and confusion in estimating energy available or making comparisons among fuels, regions or nations. This book describes the characteristics of fossil fuels that make it necessary to use precise terminology, summarises the major terms and their meanings, and provides a brief summary of the United States' endowment of fossil fuels and the relationship between the U.S. fossil fuel energy endowment and those of other nations.
In the past, the oil and gas industry considered gas locked in tight, impermeable shale uneconomical to produce. However, advances in directional well drilling and reservoir stimulation have dramatically increased gas production from unconventional shales. There may be as much as 200 trillion cubic feet of natural gas technically recoverable from these shales. There is an expectation that the demand for natural gas will increase. Developing these shales comes with some controversy. Contents of this report: (1) Background; (2) Unconventional Gas Shale Resources in the U.S.; (3) Drilling and Development Technology; (4) Leasing Issues for Gas Development; (5) Fed. and State Laws and Regulations Affecting Gas Shale Development. Illus.
To many, oil markets and their linkages to a whole spectrum of events remain something of a mystery. Unfortunately, most of the easily obtained information on oil is deeply flawed. Whole web-conspiracy sites depict ruthless insiders and reckless dictators manipulating energy markets at will. The 30 essays in this volume, written by the leading experts in the field, attempt to set the record straight. While their assessments may lack the sensationalism of many popular pundits, serious readers will find their insights invaluable in the years to come in providing a framework for understanding many of the events of the day. The five sections: Politics of Oil Supply, Political Responses, Regional Dimensions, Country Case Studies and Key Issues for the Future give a comprehensive overview of the politics of oil world-wide.
A handbook of sustainable energy, covering entire energy aspects from present status to future alternatives under one umbrella This book takes an interdisciplinary system approach to evaluating energy systems so that readers can gain the necessary technical foundation to perform their own performance evaluations and understand their interactions with socioeconomic indicators. Topics include the current and future availability of primary sources, energy supply chain, conversion between different forms of energy, security of energy supply, and efficient end-use of energy sources. Each chapter provides readers with comprehensive background information, an outline of the current technologies, and potential future developments. The book also examines the global, economic, societal, ethical, and environmental issues associated with currently used energy technologies. Energy for Sustainable Society: From Resources to Users starts with ageneral overview of energy systems, and describes the major elements of energy transformation and supply chain. It then discusses interdisciplinary career opportunities in the energy engineering field. The fundamental concepts of energy conversion, transmission, and load flow in electrical systems are covered, as are conventional and unconventional fossil fuels, and the basics of nuclear power generation and reactor types. Other chapters look at: the fundamental concepts of thermodynamics and basic operation of steam turbines, gas turbines, and combined cycle heat engines used in fossil fuel and nuclear power plants; current technologies in hydroelectric power generation; renewable and alternative energy sources; energy security issues; and more. Contains up-to-date information on renewable energy technologies such as grid-tie, net-zero energy, battery backup, and utility-independent micro grids Presents the status of the share of renewable sources in the current and future energy supply mix Provides solved examples, case studies, self-assessment quizzes, and problems to enhance the understanding of readers Includes an exclusive chapter on energy security issues Energy for Sustainable Society gives readers a solid foundation to study energy related subjects and is an ideal book for a first course on energy systems for upper division undergraduate and first year graduate students.
Old men used to sit in corner stores and discuss business, work, and politics. Women used to come together and talk about the men as they took care of the home and children, or even more recently as a part of the workforce. Today, however, politics is a shunned topic, and conversation is all but dead. It is difficult to stay informed and talk with each other about life and politics. It is even more difficult to stay informed on a technical topic such as energy and something as double-sided as politics. Yet it is imperative that people stay informed and well-connected to direct their government. This book shows how the government (President, House and Senate, left and right) have destroyed the energy industry, taxed the middle class, and prevented well thinking, regular folks from solving our energy supply crisis. This book has thirty-three charts and graphs, most from bi-partisan or independent government sources to make a case for less government involvement in the energy industry. There are some astonishing revelations and a compelling case for reducing air emissions by 60 percent and creating jobs at the same time by building a particular type of new generation. This is a compelling argument that has never been presented before. I hope you enjoy the read.
