Why It Matters If Fracking Companies Are Overestimating Their ‘Proved’ Oil and Gas Reserves

DeSmogBlog
By Sharon KellyJun 14, 2018, 8:29 pm120 pts
Read time: 12 mins Back in 2011, The New York Times first raised concerns about the reliability of America's proved shale gas reserves. Proved reservers are the estimates of untapped supplies of oil and gas that drillers tell investors they will be able to tap. The Times suggested that a recent Securities and…

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