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U.S. fossil fuel resources: Terminology, reporting, and summary

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... Use of statistical distributions can be simple, but nevertheless effective: the USGS, for example, assigns a range to all of the relevant variables studied, assumes a triangular (or similar) probability distribution across each range, and combines these using a simple random sampling technique [7]. 6 A final issue is the potential for future technical change to increase resource estimates. Most contemporary studies estimate the TRR, which explicitly excludes the adoption of future technologies, but arguably a more useful measure is the URR which takes this into account. ...
... Sources: [5,23,45e47]. 6 The USGS approach to uncertainty is not exclusive to unconventional resources but is also commonly applied to other petroleum resources such as conventional oil and gas [3,62]. ...
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Estimates of technically recoverable shale gas resources remain highly uncertain, even in regions with a relatively long history of shale gas production. This paper examines the reasons for these uncertainties, focussing in particular on the methods used to derive resource estimates. Such estimates can be based upon the extrapolation of previous production experience in developed areas, or from the geological appraisal of undeveloped areas. The paper assesses the strengths and weaknesses of these methods, the level of uncertainty in the results and the implications of this for current policy debates. We conclude that there are substantial difficulties in assessing the recoverable volumes of shale gas and that current resource estimates should be treated with considerable caution. Most existing studies lack transparency or a rigorous approach to assessing uncertainty and provide estimates that are highly sensitive to key variables that are poorly defined - such as the assumed ratio of gas-in-place to recovered gas (the ‘recovery factor’) and the assumed ultimate recovery from individual wells. To illustrate the uncertainties both within and between different methodological approaches, we provide case studies of resource estimates for the Marcellus shale in the US and three basins in India.
... Use of statistical distributions can be simple, but nevertheless effective: the USGS, for example, assigns a range to all of the relevant variables studied, assumes a triangular (or similar) probability distribution across each range, and combines these using a simple random sampling technique [7]. 6 A final issue is the potential for future technical change to increase resource estimates. Most contemporary studies estimate the TRR, which explicitly excludes the adoption of future technologies, but arguably a more useful measure is the URR which takes this into account. ...
... Sources: [5,23,45e47]. 6 The USGS approach to uncertainty is not exclusive to unconventional resources but is also commonly applied to other petroleum resources such as conventional oil and gas [3,62]. ...
Article
Full-text available
Estimates of technically recoverable shale gas resources remain highly uncertain, even in regions with a relatively long history of shale gas production. This paper examines the reasons for these uncertainties, focussing in particular on the methods used to derive resource estimates. Such estimates can be based upon the extrapolation of previous production experience in developed areas, or from the geological appraisal of undeveloped areas. The paper assesses the strengths and weaknesses of these methods, the level of uncertainty in the results and the implications of this for current policy debates. We conclude that there are substantial difficulties in assessing the recoverable volumes of shale gas and that current resource estimates should be treated with considerable caution. Most existing studies lack transparency or a rigorous approach to assessing uncertainty and provide estimates that are highly sensitive to key variables that are poorly defined-such as the assumed ratio of gas-in-place to recovered gas (the 're-covery factor') and the assumed ultimate recovery from individual wells. To illustrate the uncertainties both within and between different methodological approaches, we provide case studies of resource estimates for the Marcellus shale in the US and three basins in India.
... The recent steady increase in US fossil fuel production started in 2010 and continued through to 2015, which surpassed the previous 1970 peak in US fossil fuel production in 2011, and in 2015 production was 15.5% larger than the peak in 1970. This growth was brought on by a boom in natural gas and crude oil production from unconventional sources and advanced extraction techniques, such as shale gas, tight oil, oil sands and oil shale, and hydraulic fracturing and horizontal drilling [76,77]. These techniques and sources had been available for some time [78], but it was not until rising prices because of declining conventional production made their employment economically viable [79]. ...
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... Growth of coal consumption was even higher ~131 % (achieved ~145 EJ in 2010), and its contribution to the global energy consumption was about 27.3 % [1]. Meanwhile, the share of coal energy in the proven world reserves is ~56 % (~19650 EJ) [4], thus depletion rate of coal reserves is slower than oil depletion rate. According to [5], oil production will reach its peak before 2020, at 2030 it will be necessary to replace more than two thirds of oil production reached in 2012 [6]. ...
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