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Timothy R. Klett

Publications and source records attributed to Timothy R. Klett.

156 records · Page 9Linked to original sources
USGS2005

Future petroleum supply - exploration or development?

The presentation is titled 'Future Petroleum Supply - Exploration or Development?' and provides a general overview of the magnitude and significance of reserve growth around the world. Reserve growth is defined as the increase in successive estimates of recoverable crude oil, natural gas, and natural-gas liquids and condensates in discovered fields. Analysis of recent exploration and production data shows that petroleum (both crude oil and natural gas) volumes added to reserves by reserve growth in the world are comparable to, if not greater than, the volumes added by new-field discoveries. This presentation describes the examination of recoverable volumes of crude oil in 186 giant oil fields (excluding those of the United States (U.S.) and Canada) reported through time from 1981 to 2003 and describes a comparison of the successive increases in these volumes (reserve growth) with recoverable volumes added from new-field discoveries. Examples from the ongoing USGS study of reserve growth in the North Sea also are shown in this presentation.

Open-File Report↗
USGS2003

An Allocation of Undiscovered Oil and Gas Resources to Gauley River National Recreation Area and New River Gorge National River, West Virginia

The U.S. Geological Survey estimated volumes of undiscovered oil and gas resources that may underlie Gauley River National Recreation Area and New River Gorge National River in West Virginia. Using the results of an assessment of undiscovered resources from ten assessment units in the Appalachian Basin Province that include these land parcels, the USGS allocated 2.9 billion cubic feet of gas, 1.6 thousand barrels of oil, and 45 thousand barrels of natural gas liquids to part of Gauley River National Recreation Area, and 39 billion cubic feet of gas, 24 thousand barrels of oil, and 644 thousand barrels of natural gas liquids to New River Gorge National River. These allocated volumes of undiscovered resources represent potential volumes in undiscovered fields.

Open-File Report↗