Reserves
No oil or gas has been produced from the US Atlantic continental shelf.
A 2012 study by the US Bureau of Ocean Energy Management (BOEM) estimated undiscovered technically recoverable oil and gas resources in Atlantic federal waters to be 3.30 billion barrels of oil (Bbo) and 31.28 trillion cubic feet (Tcf) of gas. This represents approximately 4% of the total estimated recoverable oil resources and 8% of the total estimated recoverable gas resources in U.S. federal waters.
Read more about this topic: Offshore Drilling On The US Atlantic Coast
Famous quotes containing the word reserves:
“...I want to see a film, they send the Israeli army reserves to escort me! What kind of life is this?”
—Golda Meir (1898–1978)
“While you are nurturing your newborn, you need someone to nurture you, whether it is with healthful drinks while you’re nursing, or with words of recognition and encouragement as you talk about your feelings. In this state of continual giving to your infant—whether it is nourishment or care or love—you are easily drained, and you need to be replenished from sources outside yourself so that you will have reserves to draw from.”
—Sally Placksin (20th century)