Based on OPEC data as of2012, it comes with anestimated 1.324 ...More
Based on OPEC data as of2012, it comes with anestimated 1.324 trillionbbl (barrel of oil) oilreserves within theearth's crust waiting tobecome siphoned on thesurface. However, just afraction of this oilavailable includingproducible andnon-producible may berecovered. Simply becausereservoir characteristicsand limitations inpetroleum extractiontechniques available. Less
Based on OPEC data as of 2012, it comes with an estimated 1.324 trillion bbl (barrel of oil) oil reserves within the earth's crust waiting to become siphoned on the surface. However, just a fraction of this oil available including producible and non-producible may be recovered. Simply because reservoir characteristics and limitations in petroleum extraction techniques available.