Oil reserves are the amount of technically and economically recoverable oil. Reserves may be for a well, for a reservoir, for a field, for a nation, or for the world. Different classifications of reserves are related to their degree of certainty.
The total estimated amount of oil in an oil reservoir, including both producible and non-producible oil, is called oil in place. However, because of reservoir characteristics and limitations in petroleum extraction technologies, only a fraction of this oil can be brought to the surface, and it is only this producible fraction that is considered to be reserves. The ratio of reserves to the total amount of oil in a particular reservoir is called the recovery factor. Determining a recovery factor for a given field depends on several features of the operation, including method of oil recovery used and technological developments.[1]
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The ocean is one of Earth's most valuable natural resources. It provides food, as about 200 billion pounds of fish and shellfish are caught each year and is used as transportation for both travel and shipping.
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they created oxygen for living species
Asters , coneflowers , california poppies , lettuce , spinach , potatoes
