WASHINGTON - Today at 3:15 p.m., the Department of the Interior will hold a press call regarding a new world estimate for undiscovered, conventional oil and gas resources.
The U.S. Geological Survey assessment, released earlier today, estimates that the undiscovered, conventional resources in the world total 565 billion barrels of oil (bbo); 5,606 trillion cubic feet (tcf) of natural gas; and 167 billion barrels of natural gas liquids.
These numbers represent technically recoverable resources, which are those quantities of oil and gas producible using currently available technology and industry practices, regardless of economic or accessibility considerations.
The press briefing can be accessed by dialing 1-888-989-4719 and entering the code SCIENCE.
|Who:||Marcia McNutt, USGS Director
Brenda Pierce, USGS Energy Resources Program Coordinator
Chris Schenk, USGS Research Geologist
|What:||Press call on USGS Estimate of Undiscovered Conventional Oil and Gas Resources of the World, 2012
|When:||Wednesday, April 18, 2012; 3:15 p.m. Eastern Time
|Media:||All credentialed news organizations are invited to participate in the news media teleconference by dialing 1-888-989-4719 and entering the code SCIENCE. News media will have an opportunity to ask questions following the presentation.|
Press Conference: USGS World Estimate for Conventional Oil and Gas Resources audio recording.