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RIVM report 461502024 page 99 of 188<br />

Rogner’s estimate of world ultimately recoverable conventional oil resources is about 18.000<br />

EJ, which is at the higher end of the range mentioned above. Rogner’s estimate of<br />

unconventional oil occurrences is an astounding 92.000 EJ.<br />

The question is which oil resources can be mobilised depending on the extraction costs. )LJXUH<br />

shows some of different supply cost curves for conventional and unconventional oil found<br />

in literature. These curvescan be interpretedas the rate at which oil production costs may be<br />

expected to increase in a world without fuel trade barriers.<br />

7DEOH*OREDORLOUHVRXUFHVDFFRUGLQJWR5RJQHU<br />

7\SHRIRLO 2FFXUUHQFH EJ<br />

Conventional Oil Cum. Prod (1971-1995) 3057<br />

Proved reserves 6289<br />

Estimated Additional 2542<br />

Add. Special 3534<br />

Enhanced recovery 5774<br />

Shale, Bitumen and Heavy<br />

Oils<br />

Reserves 1893<br />

Resources 14052<br />

Add. Occurences I 24582<br />

Add. Occurences II 51768<br />

25000<br />

EJ<br />

20000<br />

15000<br />

10000<br />

5000<br />

0<br />

1 CAN<br />

2 USA<br />

3 CAM<br />

4 SAM<br />

5 N AFR<br />

6 W AFR<br />

7 E AFR<br />

8 S AFR<br />

9 OECD Eur<br />

10 East Eur<br />

Region<br />

11 CIS<br />

12 MidEast<br />

13 India+<br />

14 China+<br />

15 SEA<br />

16 Oceania<br />

17 Japan<br />

)LJXUH5HJLRQDOFUXGHRLOUHVRXUFHVDFFRUGLQJWR5RJQHU<br />

UnCO: Additional II<br />

UnCO: Additional I<br />

UnCO : Resources<br />

UnCO : Recoverable<br />

CO: Enhanced recovery<br />

CO: Add. speculative<br />

CO: Est. additional<br />

CO: Prov. recoverable<br />

It should be noted that the different supply curves have been constructed using different<br />

assumptions with regard to technology development and available resources and it is often hard<br />

to trace back their consequences. The two curves shown for Rogner, for instance, are based on<br />

different assumptions with regard to the ultimately extractable resource base (30000 vs. 110000<br />

EJ); both include the assumption that technology will reduce future extraction costs at a rate of<br />

about 1 %/yr. The curve by (Vries, 2000) has been constructed using detailed regional data,<br />

again mostly based on Rogner’s dataset but this time free of technological development.<br />

Interestingly, the different studies are in fair agreement on the trajectory for the first 30000 EJ.<br />

The most significant differences, in fact, seem to be caused by a different assumption on<br />

current extraction costs.

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