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To: DRey

So the first link makes your claim, but only if out reserves are 10 times greater than reported with no basis for the claim.

The second talks about production not reserves. There we are greater producers of oil only if you pretend condensate, natural gas liquids and biofuels are oil.

The third talks about a large amount in a single field that mostly uneconomical to produce, that amount is not reserves. Oil in place that cost more to produce than it is worth is not counted as reserves.


14 posted on 09/05/2014 9:32:08 PM PDT by thackney (life is fragile, handle with prayer.)
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To: thackney

I believe they are most definitely 10 times greater. I know mine in Martin County are enormous. The wells aren’t even horizontal either. Brand new. It’s not hard to get at. Permian is a monster, completely underrated. What are you a Saudi or something. What’s the problem?


15 posted on 09/10/2014 6:06:52 PM PDT by DRey
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