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How much crude oil and natural gas is left in the earth crust?

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We cannot easily determine the quantities of oil and gas within the sub-surface. Extensive studies are conducted to find crude oil accumulations and estimate the possible amounts of oil and gas present. read more

We cannot easily determine the quantities of oil and gas within the sub-surface. Extensive studies are conducted to find crude oil accumulations and estimate the possible amounts of oil and gas present. Even these studies can only provide estimates and not definite results. In a single field, reserve estimates may be wrong. read more

One cannot give an absolute time frame unless oil and gas companies around the world stop their exploration and production activities. The amount of crude oil left for use changes each year. The Upstream Sector of Oil and Gas industry includes searching for hydrocarbons i.e, Exploration and extraction of hydrocarbons i.e, Production. read more

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