Lec 1 Flashcards
1
Q
Main fossil fuels
A
Natural gas
Crude oil
Coal
2
Q
Resource
A
The amount of substance that may be present in a deposit
Not all resources are recoverable
3
Q
Reserves can be defined in terms of
A
Proved (measured) reserves
Probable (indicated) reserves
4
Q
Proved reserves change according to ….
A
Price of fuel
5
Q
Probable reserves
A
Estimated with a lower degree of confidence than proved
