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The Availability of European Oil and Gas Resources

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Global Energy Policy and Security

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Notes

  1. 1.

    As defined by USGS (2000, p. GL-4), a petroleum province is an “area having characteristic dimensions of perhaps hundreds to thousands of squared kilometers encompassing a natural geologic entity (e.g., sedimentary basin, thrust belt, delta) or some combination of contiguous geologic entities.”

  2. 2.

    Originally, USGS (2000) delineated offshore province areas to water depths of 2,000 m but then extended the analysis to several 4,000 m areas due to rapidly developing drilling and production technology.

  3. 3.

    Studies show that low initial learning rates in the early phases of commercial deployment (e.g., deep offshore production) result in increased costs (Yeh and Rubin 2012). On the other hand, greater experience—such as that occurring in categories CI and CII—leads to lower costs and faster improvements in technology. For the latter, Rubin et al. (2007) uses the example of power plants with CO2 capture.

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Correspondence to Roberto F. Aguilera .

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Aguilera, R.F., Ripple, R.D. (2013). The Availability of European Oil and Gas Resources. In: Leal Filho, W., Voudouris, V. (eds) Global Energy Policy and Security. Lecture Notes in Energy, vol 16. Springer, London. https://doi.org/10.1007/978-1-4471-5286-6_9

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