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Page added on January 7, 2007

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The Oil Drum: A primer on reserve growth – Part 3 of 3

Will 730 billion barrels be added to the reserve pool from reserve growth between 1996 and 2025 as estimated by the United States Geological Survey?

This post is the third part in a three piece series about the phenomenon of reserve growth in found oil fields. Insight in future reserve growth, often attributed to technological advancement, is crucial in determining the peak of conventional oil production.

For those not familiar with reserve growth, it would be best to read part 1 first…

Much more after the jump to The Oil Drum.



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