This release can be found in the USGS Newsroom at: http://www.usgs.gov/newsroom/article.asp?ID=3174.

USGS main page

News Release


April 18, 2012
Kara Capelli 571-420-9408 kcapelli@usgs.gov

Media Advisory: USGS to Discuss New World Estimate for Conventional Oil and Gas Resources

Bookmark and Share

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.


USGS provides science for a changing world. Visit USGS.gov, and follow us on Twitter @USGS and our other social media channels.
Subscribe to our news releases via e-mail, RSS or Twitter.

Links and contacts within this release are valid at the time of publication.

###

Bookmark and Share