Can one explain to me what is unconventional and conventional oil...what is difference..thanks
NSAI has provided an unrisked gross unconventional undiscovered original oil in place (OOIP) and original gas in-place (OGIP) best estimate (P50) within the Carboniferous Section of the Moselle Permit of: 164.7 billion barrels (BBbls) of OOIP and 649.7 trillion cubic feet (Tcf) of OGIP.
NSAI have provided a combined mean unrisked gross conventional undiscovered in-place hydrocarbon volume in the Moselle Permit of: 2.1 BBbls of OOIP or, alternatively, 2.2 Tcf of OGIP.
Can one explain to me what is unconventional and conventional...
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