Total volumes embedded in only the five Alberta shale deposits with “immediate potential” for development are colossal: 3,424 Tcf of natural gas, 58.6 billion bbl of gas liquids byproducts, and 423.6 billion bbl of oil, says a report by the resource appraisal group of Alberta’s Energy Resources Conservation Board (ERCB). Even the immense current estimates of the province’s total resource endowment could eventually turn out to be conservative, the board said.
Colossal
Articles from Colossal
Chevron Attributes Stellar Quarter to Unocal Merger, Higher Prices
Chevron Corp. on Friday joined other top oil majors in reporting colossal quarterly earnings, announcing profit of $4 billion ($1.80/share) for 1Q2006, two cents ahead of Wall Street estimates and up from year-ago profit of $2.68 billion ($1.28/share). Total revenue, including sales and income from equity affiliates, reached $54.62 billion, up from $41.6 billion. Sales jumped 32% to $53.52 billion, well ahead of the $40.49 billion reported in 1Q2005.
May 1, 2006
Financial Unrest is Backdrop to CA Gov.’s Latest Initiative
Is the colossal game of financial chicken that has been a major part of the response to California’s lingering energy crisis finally going to play out as the backdrop to the latest initiatives by the governor and his regulatory leaders?
April 6, 2001
Down Again: ‘Seems Like Buying Frenzy Is Over’
Another day, another dime (or so) down for cash prices.Acknowledging it was a colossal understatement, a marketercommented, “It seems like the buying frenzy is over.” Although airconditioning was still generating its fair share of demandWednesday, it wasn’t nearly enough to prevent more slides on eitherside of a dime at nearly all price points.
July 23, 1998
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
