Coalbed Methane Proved Reserves
What is Coalbed Methane Proved Reserves?
Coalbed Methane Proved Reserves refer to the estimated quantity of methane gas that can be extracted from coal seams with a high degree of certainty. These reserves play a crucial role in determining the feasibility of coalbed methane extraction projects.
What are the types of Coalbed Methane Proved Reserves?
There are two main types of Coalbed Methane Proved Reserves: Original Gas in Place (OGIP) and Recoverable Reserves. OGIP represents the total amount of methane present in the coal seam, while Recoverable Reserves are the portion of OGIP that can be economically extracted using current technology.
How to complete Coalbed Methane Proved Reserves
Completing Coalbed Methane Proved Reserves involves a thorough analysis of geological data, drilling and testing wells, and assessing the economic viability of extraction. With proper planning and execution, operators can accurately estimate and report their Coalbed Methane Proved Reserves.
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