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FROZEN HEAT

12

Resource occurrences and potential for recovery are not ame-

nable to an easy or simple quantification. Energy resource

assessments typically include at least three interrelated com-

ponents: geological knowledge, economics, and technology.

Increases in geological knowledge and improvements in

technology, motivated largely by increasing prices, have con-

tributed to an increase in the fossil energy resource base. The

additional resources include new fields discovered within al-

ready-established resource elements, as well as entirely new

resource elements (such as ultra-deep-water hydrocarbon re-

sources and a variety of unconventional resources) that were

previously unknown or considered non-recoverable.

A number of terms related to resources and reserves have

specific meaning in connection with hydrocarbons. The to-

tal volume of a resource, often called the in-place resource,

includes all hydrocarbons present within a given geologic

unit or geographic area. The subset of in-place resources

that is practically producible is often called the technically

recoverable resource (TRR). Those technically recoverable

resources that can be produced at a profit are economically

recoverable resources (ERR). Economically recoverable re-

sources that have been confirmed and quantified by hydro-

carbon production are called reserves (see Text Box 1.1 for

more detail).

1.2

GLOBAL ENERGY RESOURCES

AND GAS HYDRATES

Source: Johnson 2011

Former Soviet

Union

Other

Paci c Asia

Other East

Asia

Other

South Asia

Arctic Ocean

Europe

Latin America and

the Caribbean

Southern Ocean

United States

Canada

Western and

Central Africa

Southern

Africa

North

Africa

Eastern

Africa

India

Oceania

Japan

China

Middle East

196

Resource potential

Median tcf

100

50

5

Gas hydrates resource potential by global regions

Figure 1.1:

Gas hydrates resource potential by global regions. This figure includes only that subset of global in-place gas hydrates that

appear to occur at high concentrations in sand-rich reservoirs, the most likely candidates for development. Source: Johnson 2011.

Source: Johnson 2011

Former Soviet

Union

Other

Pacific Asia

Other East

Asia

Other

South Asia

Arctic Ocean

Europe

Latin America and

the Caribbean

Southern Ocean

United States

Canada

Western and

Central Africa

Southern

Africa

North

Africa

Eastern

Africa

India

Oceania

Japan

China

Middle East

Resource potential

Median tcm

0.1

Gas hydrates resource potential by global regions

3

2

6