Oil and Natural Gas Reserves

Oil and natural gas reserves are commercially recoverable fossil fuels that are trapped in the deep subsurface and can be accessed and produced for commercial use.

Oil and natural gas are formed when organisms die and their organic content becomes part of sedimentary rocks. Over millions of years, this organic content undergoes geological processes and becomes fossil fuels.

Oil and natural gas are considered nonrenewable resources because once they are extracted and used, they cannot be replaced. Their formation takes millions of years, making them finite in supply.

<p>Water flooding, CO2 injection, Steam flooding, Polymer flooding, Hydraulic fracturing</p> Signup and view all the answers

<p>Gasoline, Diesel fuel, Jet fuel, Heating oil, Waxes, Lubricant oils, Asphalt, Synthetic rubber, Plastics, Petroleum coke, Heating, Electric generation</p> Signup and view all the answers

<p>Understanding subsurface geology helps in interpreting data and making successful discoveries and production in secondary hydrocarbon recovery methods.</p> Signup and view all the answers

<p>To find an alternative source to light up kerosene lamps.</p> Signup and view all the answers

<p>The challenges in oil and gas exploration include increasing costs, difficulty in accessing new reserves, and environmental impact.</p> Signup and view all the answers

<p>Proven reserves are classified as 90% recoverable and have a high probability of extraction with existing data and technologies.</p> Signup and view all the answers

<p>Oil and natural gas can be extracted through primary (traditional) methods involving vertical drilling and pumping, as well as secondary methods that utilize various techniques to lift the oil to the surface.</p> Signup and view all the answers