McKelvey Diagram
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McKelvey Diagram
A McKelvey diagram or McKelvey box is a visual representation used to describe a natural resource such as a mineral or fossil fuel, based on the geologic certainty of its presence and its economic potential for recovery. The diagram is used to estimate the uncertainty and risk associated with availability of a natural resource. As geological assurance of a resource's occurrence decreases, risk increases. As economic recoverability of a resource decreases, risk also increases. Meaning of the diagram The terminology used may vary somewhat, but resources in a McKelvey diagram fall into three main areas: * Reserves, which are already discovered and commercially-viable mineral deposits, * Contingent or conditional resources, whose existence is known but which are not commercially viable at present, * Prospective or undiscovered resources that might exist but have not been found. Natural resources are classified in two dimensions, with geologic certainty shown horizontally an ...
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Original McKelvey Diagram Published In 1973
Originality is the aspect of created or invented works that distinguish them from replica, reproductions, clones, forgery, forgeries, or substantially derivative works. The modern idea of originality is according to some scholars tied to Romanticism, by a notion that is often called romantic originality.Smith (1924)Waterhouse (1926)Macfarlane (2007) The validity of "originality" as an operational concept has been questioned. For example, there is no clear boundary between "derivative" and "inspired by" or "in the tradition of." The concept of originality is both culturally and historically contingent. For example, unattributed reiteration of a published text in one culture might be considered plagiarism but in another culture might be regarded as a convention of veneration. At the time of Shakespeare, it was more common to appreciate the similarity with an admired classical work, and Shakespeare himself avoided "unnecessary invention".Royal Shakespeare Company (2007) ''The RSC ...
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Society Of Petroleum Engineers
The Society of Petroleum Engineers (SPE) is a 501(c)(3) not-for-profit professional organization whose stated mission is "to collect, disseminate, and exchange technical knowledge concerning the exploration, development and production of oil and gas resources and related technologies for the public benefit; and to provide opportunities for professionals to enhance their technical and professional competence". SPE provides a worldwide forum for oil and natural gas exploration and production (E&P) professionals to exchange technical knowledge and best practices. SPE manages OnePetro and PetroWiki, in addition to publishing magazines, peer-reviewed journals, and books. SPE also hosts more than 100 events each year across the globe as well as providing online tools and in-person training opportunities. SPE's technical library (OnePetro) contains more than 200,000 technical papers—products of SPE conferences and periodicals, made available to the entire industry. SPE has offices in ...
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Economic Geology
Economic geology is concerned with earth materials that can be used for economic and/or industrial purposes. These materials include precious and base metals, nonmetallic minerals and construction-grade stone. Economic geology is a subdiscipline of the geosciences; according to Lindgren (1933) it is “the application of geology”. Today, it may be called the scientific study of the Earth's sources of mineral raw materials and the practical application of the acquired knowledge. The term commonly refers to metallic mineral deposits and mineral resources. The techniques employed by other earth science disciplines (such as geochemistry, mineralogy, geophysics, petrology, paleontology and structural geology) might all be used to understand, describe, and exploit an ore deposit. Economic geology is studied and practiced by geologists. Economic geology may be of interest to other professions such as engineers, environmental scientists, and conservationists because of the far-reachi ...
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2030 Agenda For Sustainable Development
The Sustainable Development Goals (SDGs) or Global Goals are a collection of 17 interlinked objectives designed to serve as a "shared blueprint for peace and prosperity for people and the planet, now and into the future".United Nations (2017) Resolution adopted by the General Assembly on 6 July 2017, Work of the Statistical Commission pertaining to the 2030 Agenda for Sustainable DevelopmentA/RES/71/313) The goals are: No poverty, zero hunger, good health and well-being, quality education, gender equality, clean water and sanitation, affordable and clean energy, decent work and economic growth, industry, innovation and infrastructure, Reduced Inequality, Sustainable Cities and Communities, Responsible Consumption and Production, Climate Action, Life Below Water, Life On Land, Peace, Justice, and Strong Institutions, Partnerships for the Goals. The SDGs emphasize the interconnected environmental, social and economic aspects of sustainable development by putting sustai ...
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Sustainable Management
Sustainable management takes the concepts from sustainability and synthesizes them with the concepts of management. Sustainability has three branches: the environment, the needs of present and future generations, and the economy. Using these branches, it creates the ability of a system to thrive by maintaining economic viability and also nourishing the needs of the present and future generations by limiting resource depletion. From this definition, sustainable management has been created to be defined as the application of sustainable practices in the categories of businesses, agriculture, society, environment, and personal life by managing them in a way that will benefit current generations and future generations. Sustainable management is needed because it is an important part of the ability to successfully maintain the quality of life on our planet. Sustainable management can be applied to all aspects of our lives. For example, the practices of a business should be sustainable ...
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United Nations Framework Classification For Resources
United Nations Framework Classification for Resources (UNFC) is an international scheme for the classification, management and reporting of energy, mineral, and raw material resources. United Nations Economic Commission for Europe's (UNECE) Expert Group on Resource Management (EGRM) is responsible for the development promotion and further development of UNFC. Development Classification and management of natural resources such as minerals and petroleum are classified using differing schemes. In 1997, UNECE published the United Nations Framework Classification for Reserves and Resources of Solid Fuels and Mineral Commodities (UNFC-1997) as a unifying international system for classifying solid minerals and fuels. In 2004, the Classification was revised to include petroleum (oil and natural gas) and uranium and renamed the UNFC for Fossil Energy and Mineral Resources 2004 (UNFC-2004). In 2009, a simplified United Nations Framework Classification for Fossil Energy and Mineral Reserves a ...
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Committee For Mineral Reserves International Reporting Standards
A committee or commission is a body of one or more persons subordinate to a deliberative assembly. A committee is not itself considered to be a form of assembly. Usually, the assembly sends matters into a committee as a way to explore them more fully than would be possible if the assembly itself were considering them. Committees may have different functions and their types of work differ depending on the type of the organization and its needs. A member of a legislature may be delegated a committee assignment, which gives them the right to serve on a certain committee. Purpose A deliberative assembly may form a committee (or "commission") consisting of one or more persons to assist with the work of the assembly. For larger organizations, much work is done in committees. Committees can be a way to formally draw together people of relevant expertise from different parts of an organization who otherwise would not have a good way to share information and coordinate actions. They may ...
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American Association Of Petroleum Geologists
The American Association of Petroleum Geologists (AAPG) is one of the world's largest professional geological societies with more than 40,000 members across 129 countries as of 2021. The AAPG works to "advance the science of geology, especially as it relates to petroleum, natural gas, other subsurface fluids, and mineral resources; to promote the technology of exploring for, finding, and producing these materials in an economically and environmentally sound manner; and to advance the professional well-being of its members." The AAPG was founded in 1917 and is headquartered in Tulsa, Oklahoma; currently almost one-third of its members live outside the United States. Over the years, the activities of the AAPG have broadened so that they bring together not just geology but also geophysics, geochemistry, engineering, and innovative analytics to enable the more efficient and environmentally-friendly approaches to the development of all earth-based energy sources. New transformative techn ...
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World Petroleum Congress
In its most general sense, the term "world" refers to the totality of entities, to the whole of reality or to everything that is. The nature of the world has been conceptualized differently in different fields. Some conceptions see the world as unique while others talk of a "plurality of worlds". Some treat the world as one simple object while others analyze the world as a complex made up of many parts. In ''scientific cosmology'' the world or universe is commonly defined as " e totality of all space and time; all that is, has been, and will be". '' Theories of modality'', on the other hand, talk of possible worlds as complete and consistent ways how things could have been. ''Phenomenology'', starting from the horizon of co-given objects present in the periphery of every experience, defines the world as the biggest horizon or the "horizon of all horizons". In ''philosophy of mind'', the world is commonly contrasted with the mind as that which is represented by the mind. ''Th ...
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United States Bureau Of Mines
For most of the 20th century, the United States Bureau of Mines (USBM) was the primary United States government agency conducting scientific research and disseminating information on the extraction, processing, use, and conservation of mineral resources. The Bureau was abolished in 1996. Summary USBM was established in the Department of the Interior on May 16, 1910, pursuant to the Organic Act (Public Law 179), to deal with a wave of catastrophic mine disasters. The Bureau's mission was gradually expanded to include: * The conduct of research to enhance the safety, health, and environmental impact of mining and processing of minerals and materials. * The collection, analysis, and dissemination of information about mining and processing of more than 100 mineral commodities across the Nation and in more than 185 countries around the world. * Analysis of the impact of proposed mineral-related laws and regulations upon the national interest. * Production, conservation, sale, and di ...
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Original McKelvey Diagram 1976
Originality is the aspect of created or invented works that distinguish them from reproductions, clones, forgeries, or substantially derivative works. The modern idea of originality is according to some scholars tied to Romanticism, by a notion that is often called romantic originality.Smith (1924)Waterhouse (1926)Macfarlane (2007) The validity of "originality" as an operational concept has been questioned. For example, there is no clear boundary between "derivative" and "inspired by" or "in the tradition of." The concept of originality is both culturally and historically contingent. For example, unattributed reiteration of a published text in one culture might be considered plagiarism but in another culture might be regarded as a convention of veneration. At the time of Shakespeare, it was more common to appreciate the similarity with an admired classical work, and Shakespeare himself avoided "unnecessary invention".Royal Shakespeare Company (2007) ''The RSC Shakespeare - Wil ...
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United States Geological Survey
The United States Geological Survey (USGS), formerly simply known as the Geological Survey, is a scientific agency of the United States government. The scientists of the USGS study the landscape of the United States, its natural resources, and the natural hazards that threaten it. The organization's work spans the disciplines of biology, geography, geology, and hydrology. The USGS is a fact-finding research organization with no regulatory responsibility. The agency was founded on March 3, 1879. The USGS is a bureau of the United States Department of the Interior; it is that department's sole scientific agency. The USGS employs approximately 8,670 people and is headquartered in Reston, Virginia. The USGS also has major offices near Lakewood, Colorado, at the Denver Federal Center, and Menlo Park, California. The current motto of the USGS, in use since August 1997, is "science for a changing world". The agency's previous slogan, adopted on the occasion of its hundredt ...
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