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Geology topics

C.D. Masters

Publications and source records attributed to C.D. Masters.

10 recordsLinked to original sources

World conventional crude oil and natural gas: Identified reserves, undiscovered resources and futures

This report summarizes, at the petroleum basin level, the United States Geological Survey's World Energy Program 1993 assessment of world conventional oil and gas resources. The maps provided show boundaries of petroleum basins that are referenced by the assessment, as well as, future oil and gas potential. The 'Futures' or future potential of a basin is calculated as the the sum of the Identified Reserves and the modal value assigned to the conventional Undiscovered Resources.

Open-File Report

Resource constraints in petroleum production potential

Geologic reasons indicate that the dominant position of the Middle East as a source of conventional petroleum will not be changed by new discoveries elsewhere. The share of world crude oil production coming from the Middle East could increase, within 10 to 20 years, to exceed 50 percent, under even modest increases in world consumption. Nonconventional resources of oil exist in large quantities, but because of their low production rates they can at best only mitigate extant trends. Increased production of natural gas outside the United States, however, offers an opportunity for geographically diversified energy supplies in the near future.

Science