6. What is meant by technically recoverable resources? See USGS fact sheet fs-00

Question

6. What is meant by technically recoverable resources? See USGS fact sheet fs-0028-01pdf 1. Volume of petroleum representing that proportion of assessed in-place resources that may be unrecoverable using current recovery technology without regard to cost. 2. Volume of petroleum that may be recoverable using current recovery technology with regard to cost 3. Volume of petroleum representing current economically recoverable resources without regard to cost. 4. Volume of petroleum representing that proportion of assessed in-place resources using past recovery technology regardless of cost. 5. Volume of petroleum representing that proportion of assessed in-place resources that may be recoverable

Explanation / Answer

6.Technically recoverable resources means the volume of petroleum representing that proportion of assessed in-place resources that may be recoverable using current recovery technology without regard to cost.

The answer is option 4.

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