The Potential Supply of Crude Oil and Natural Gas Reserves in the Alberta Basin

• Author(s): Russell S. Uhler, Peter Eglington,
• Publisher: Economic Council of Canada
• Pages: 89
• ISBN_10: 0660119137
  ISBN_13: 9780660119137
  
• Language: en
• Categories: Technology & Engineering / Mining , Technology & Engineering / Petroleum ,

Description:... In this study, the potential supply of primary conventional lightand medium oil and natural gas reserves is examined from adifferent perspective. Interest focuses on the remainingpotential in those geological formations in which oil and gashave already been discovered and for which there exists a pasthistory of drilling results. Moreover, the supply of reserves isbelieved to depend upon the economic conditions that are faced by the industry, and thus a primary objective of the study is todetermine how the supply of reserves responds to changes in theseeconomic conditions.