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Reserves-to-production Ratio
The reserves-to-production ratio (RPR or R/P) is the remaining amount of a non-renewable resource, expressed in time. While applicable to all natural resources, the RPR is most commonly applied to fossil fuels, particularly petroleum and natural gas. The ''reserve'' portion (numerator) of the ratio is the amount of a resource known to exist in an area and to be economically recoverable (proven reserves). The ''production'' portion (denominator) of the ratio is the amount of resource produced in one year at the current rate. ''RPR = (amount of known resource) / (amount used per year)'' This ratio is used by companies and government agencies in forecasting the future availability of a resource to determine project life, future income, employment, etc., and to determine whether more exploration must be undertaken to ensure continued supply of the resource. Annual production of a resource can usually be calculated to quite an accurate number. However, reserve quantities can only be est ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-renewable Resource
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are presen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Logistics Function
A logistic function or logistic curve is a common S-shaped curve (sigmoid curve) with equation f(x) = \frac, where For values of x in the domain of real numbers from -\infty to +\infty, the S-curve shown on the right is obtained, with the graph of f approaching L as x approaches +\infty and approaching zero as x approaches -\infty. The logistic function finds applications in a range of fields, including biology (especially ecology), biomathematics, chemistry, demography, economics, geoscience, mathematical psychology, probability, sociology, political science, linguistics, statistics, and artificial neural networks. A generalization of the logistic function is the hyperbolastic function of type I. The standard logistic function, where L=1,k=1,x_0=0, is sometimes simply called ''the sigmoid''. It is also sometimes called the ''expit'', being the inverse of the logit. History The logistic function was introduced in a series of three papers by Pierre François Verhul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peak Gas
Peak gas is the year in which the maximum global natural gas (fossil gas) production rate will be reached, after which the rate of production will enter its terminal decline. Although demand is peaking in the United States and Europe, it continues to rise globally due to consumers in Asia, especially China. Natural gas is a fossil fuel formed from plant matter over the course of millions of years. Natural gas derived from fossil fuels is a non-renewable energy source; however, methane can be renewable in other forms such as biogas. Peak coal was in 2013, and peak oil is forecast to occur before peak gas. One forecast is for natural gas demand to peak in 2035. The concept of peak gas follows from Hubbert peak theory, which is most commonly associated with peak oil. Hubbert saw gas, coal and oil as natural resources, each of which would peak in production and eventually run out for a region, a country, or the world. Gas demand The world gets almost one quarter of its energy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Countries By Natural Gas Production
This is a list of countries by natural gas production based on statistics from The World Factbook, and OECD members natural gas production by International Energy Agency (down) Countries by natural gas production The data in the following table comes from The World Factbook. OECD Members natural gas production by International Energy Agencyhttps://www.iea.org/reports/natural-gas-information-overview Access date - 01/17/2021 As of 2019: See also * List of countries by natural gas proven reserves * List of countries by natural gas consumption * Natural gas by country * World energy supply and consumption * List of countries by oil production This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2021, tabulating all countries on a comparable best-estimate basis. Compared wi ... References {{DEFAULTSORT:Natural gas production Energy-related lists by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Countries By Natural Gas Proven Reserves
This list is based on CIA The World Factbook (when no citation is given).Rank Order - Natural gas - proved reserves Retrieved June 2014. or other authoritative third-party sources (as cited). Based on data from , at the start of 2021, proved gas reserves were dominated by three countries: , , and |
Decline Curve Analysis
Decline curve analysis is a means of predicting future oil well or gas well production based on past production history. Production decline curve analysis is a traditional means of identifying well production problems and predicting well performance and life based on measured oil well production. Before the availability of computers, decline curve analysis was performed by hand on semi-log plot paper. Currently, decline curve analysis software on PC computers is used to plot production decline curves for petroleum economics analysis. Background Oil and gas wells usually reach their maximum output shortly after completion. From that time, other than wells completed in water-drive reservoirs, they decline in production, the rapidity of decline depending on the output of the wells and on other factors governing their productivity. The production decline curve shows the amount of oil and gas produced per unit of time for several consecutive periods; if the conditions affecting the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Orders Of Magnitude (numbers)
This list contains selected positive numbers in increasing order, including counts of things, dimensionless quantities and probabilities. Each number is given a name in the short scale, which is used in English-speaking countries, as well as a name in the long scale, which is used in some of the countries that do not have English as their national language. Smaller than (one googolth) * ''Mathematics – random selections:'' Approximately is a rough first estimate of the probability that a typing "monkey", or an English-illiterate typing robot, when placed in front of a typewriter, will type out William Shakespeare's play ''Hamlet'' as its first set of inputs, on the precondition it typed the needed number of characters. However, demanding correct punctuation, capitalization, and spacing, the probability falls to around 10−360,783. * ''Computing:'' 2.2 is approximately equal to the smallest positive non-zero value that can be represented by an octuple-precision I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1,000,000,000 (number)
1,000,000,000 (one billion, short scale; one thousand million or one milliard, one yard, long scale) is the natural number following 999,999,999 and preceding 1,000,000,001. With a number, "billion" can be abbreviated as b, bil or bn. In standard form, it is written as 1 × 109. The metric prefix giga indicates 1,000,000,000 times the base unit. Its symbol is G. One billion years may be called an ''eon'' in astronomy or geology. Previously in British English (but not in American English), the word "billion" referred exclusively to a million millions (1,000,000,000,000). However, this is no longer common, and the word has been used to mean one thousand million (1,000,000,000) for several decades. The term ''milliard'' can also be used to refer to 1,000,000,000; whereas "milliard" is rarely used in English, variations on this name often appear in other languages. In the South Asian numbering system, it is known as 100 crore or 1 arab. 1,000,000,000 is also the cube of 1000. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coal
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dead plant matter decays into peat and is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous ( Pennsylvanian) and Permian times. Many significant coal deposits are younger than this and originate from the Mesozoic and Cenozoic eras. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energy and over a third of its electricity. Some iron ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
US Reserves-to-Production Ratio - Dry Gas
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Ameri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Proved Reserves - Production
Proof most often refers to: * Proof (truth), argument or sufficient evidence for the truth of a proposition * Alcohol proof, a measure of an alcoholic drink's strength Proof may also refer to: Mathematics and formal logic * Formal proof, a construct in proof theory * Mathematical proof, a convincing demonstration that some mathematical statement is necessarily true * Proof complexity, computational resources required to prove statements * Proof procedure, method for producing proofs in proof theory * Proof theory, a branch of mathematical logic that represents proofs as formal mathematical objects * Statistical proof, demonstration of degree of certainty for a hypothesis Law and philosophy * Evidence, information which tends to determine or demonstrate the truth of a proposition * Evidence (law), tested evidence or a legal proof * Legal burden of proof, duty to establish the truth of facts in a trial * Philosophic burden of proof, obligation on a party in a dispute to pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geology
Geology () is a branch of natural science concerned with Earth and other astronomical objects, the features or rocks of which it is composed, and the processes by which they change over time. Modern geology significantly overlaps all other Earth sciences, including hydrology, and so is treated as one major aspect of integrated Earth system science and planetary science. Geology describes the structure of the Earth on and beneath its surface, and the processes that have shaped that structure. It also provides tools to determine the relative and absolute ages of rocks found in a given location, and also to describe the histories of those rocks. By combining these tools, geologists are able to chronicle the geological history of the Earth as a whole, and also to demonstrate the age of the Earth. Geology provides the primary evidence for plate tectonics, the evolutionary history of life, and the Earth's past climates. Geologists broadly study the properties and processes of E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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