Originally Posted by
pepponeskie
pero ma recover nila tanan?
ngutana lang ko, pila ka wells ang gi drill?
walay balita if pila ka wells bro.
Gamay ra ang Oil mismo, ang daghan ang Natural Gas.
Don't know unsaon ni nila ang Natural Gas.
An estimated 27.93 million barrels of oil were jointly discovered beneath Alegria’s soil by the DOE and service contractor China International Mining Petroleum Company Ltd. (CIMP), the department said in a statement.
Of the total amount, a conservative estimate of about
3.35 million barrels or 12 percent may be recovered for production. (1 barrel = 42 gallons)
For natural gas, about 9.42 billion cubic feet in reserves were found, with a
recoverable resource estimated at 6.6 billion cubic feet or about 70 percent of the total natural gas in place.
“What ‘oil’ means is petroleum crude oil while natural gas pertains to methane that can be used to generate electricity,” acting DOE-7 director Saul Gonzales told The FREEMAN.