Hydrocarbon
Value for the 1002 Area
|
|||||||
Report
|
Summary
|
Probabilistic
Hydrocarbon Potential Estimates
|
|||||
Billion
barrels of Oil
|
Trillion
ft^3 of Gas
|
||||||
5%
|
50%
|
95%
|
5%
|
50%
|
95%
|
||
USGS Open File Report 98-34, 1998 |
Billions of barrels of oil |
11.799 |
7.668 |
4.254 |
10.85 |
2.94 |
0 |
|
Higher end |
Value, in billions
of dollars |
|||||
412.97 |
268.38 |
148.89 |
61.17 |
16.57 |
0 |
||
|
Current Value |
366.83 |
238.40 |
132.27 |
54.61 |
14.80 |
0 |
|
Lower End |
294.98 |
191.7 |
106.35 |
44.45 |
12.05 |
0 |
Average: |
|
358.26 |
232.83 |
129.17 |
53.41 |
14.47 |
0 |
USGS Open File Report
98-34, 1998 |
|
16 |
10.3 |
5.7 |
|
|
|
|
Higher End |
Value, in billions
of $ |
|
|
|
||
560 |
360.5 |
199.5 |
|||||
|
Current Value |
497.44 |
320.23 |
177.21 |
|
|
|
|
Lower End |
400 |
257.5 |
142.5 |
|
|
|
Average: |
|
485.81 |
312.74 |
173.07 |
|
|
|
Values used for the above price
estimates
Oil ($/barrel)
Natural Gas ($/MMbtu)
Higher End $35
Higher End $5.5
Current Value $31.09 Current
Value $4.91
Lower End $25
Lower End $4
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