NDLI: Potential of Conventional and Unconventional Hydrocarbons: Comparison of Resources, Reserves, Recovery Factors, and Technologies

Content Provider	The American Society of Mechanical Engineers (ASME) Digital Collection
Author	Lakatos, Istva´n Lakatos-Szabo´, Julianna
Copyright Year	2009
Abstract	The paper deals with the availability of natural hydrocarbons until 2100. Starting point of the evaluation is that the global demand will not be met by production of conventional oil and gas. Basis of the discussion is the comparison of available resources and reserves, recovery factors and technologies. The analysis comprised oil shale, tar sand, gas shale, tight sand gas, coalbed methane and gas hydrates. Taking the data of competent organizations into account, obviously the global resources of unconventional oil and gas significantly exceed the availability of conventional natural hydrocarbons in spite of the fact that their recovery efficiency is extremely low. Although the production cost (operation expenditure) of unconventional hydrocarbons is usually much higher than those of the conventional ones, industrial scale production of tar sand oil, tight sand gas and coalbed methane has started over two decades ago and their contribution to total oil and gas production is already substantial in several countries (US, Canada). The authors stated, however, that wider application of sophisticated technology to recover unconventional hydrocarbons needs more extensive and intensive R&D activity and further, new paradigms are necessary in education, research, production, field management, and governmental regulation.
Sponsorship	Ocean, Offshore and Arctic Engineering Division
Starting Page	629
Ending Page	645
Page Count	17
File Format	PDF
ISBN	9780791843475
DOI	10.1115/OMAE2009-80157
e-ISBN	9780791838440
Volume Number	Volume 7: Offshore Geotechnics; Petroleum Technology
Conference Proceedings	ASME 2009 28th International Conference on Ocean, Offshore and Arctic Engineering
Language	English
Publisher Date	2009-05-31
Publisher Place	Honolulu, Hawaii, USA
Access Restriction	Subscribed
Subject Keyword	Methane Sands Methane hydrate Oil sands Education Shales
Content Type	Text
Resource Type	Article

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