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The AAPG/Datapages Combined Publications Database
AAPG Bulletin
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Annually, Shell Oil Co. makes a forecast of conventional United States oil and gas resources remaining to be discovered, and differentiates the part of that forecast that will be found in the first and second decades of the future. The primary purpose of these forecasts is for use as a planning tool to aid in deciding the future directions and levels of effort for Shell Oil Co.
A major assessment effort was carried out in 1978 when future estimates were 60 billion bbl of oil and 315 tcf of gas. The annual assessments since then have been done in less depth until this year's major reassessment effort. The results of this assessment will be discussed, the methodology used will be reviewed, and Shell Oil Co.'s use of the results will be discussed to better place the Shell Oil Co. forecast in context with forecasts made by the U.S. Geological Survey, industry, and other forecasters.
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