Resources to Reserves : Oil and Gas Technologies for the Energy Markets of the Future.

Resources to Reserves : Oil and Gas Technologies for the Energy Markets of the Future.

Author
OECD
Publisher
Organisation for Economic Co-operation and Development
Language
English
Year
2005
Page
130
ISBN
9789264109476,9264109471,9789264109483,926410948X
File Type
pdf
File Size
4.4 MiB

According to IEA projections, oil demand is expected to grow by more than 50 per cent by the year 2030, while gas demand will almost double. In principle there is no shortage of hydrocarbons in the ground, but quenching the world's thirst for hydrocarbons will require major technological progress and investment. This publication identifies the main challenges in the exploration, production and transportation sectors, examines the key technologies that are being investigated to address them, and gives estimates of future production costs.

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