EXPLORATION U.S. gas resource base steady

The Potential Gas Committee reports little overall change in the large U.S. gas resource base the past two years. The volunteer group estimated the resource base at Dec. 31, 1994, at 723.3 tcf, up less than 1% net of production from its yearend 1992 estimate (OGJ, June 21, 1993, p. 24). The figures are the sum of the committees most likely estimates of probable, possible, and speculative traditional resources (69722 bytes). Proved reserves are not included. In addition, it estimated a national coalbed methane resource of 134.2 tcf, down 0.6% from 1992. PGCs conventional and coalbed methane resource estimates, when added to the U.S. Energy Information Administrations figure of 163.8 ...

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