196k views
4 votes
The amount of oil that is economically feasible to extract from a deposit using current technology is known as ______ oil reserves.

User Mardi
by
7.2k points

1 Answer

3 votes

Answer: Proven oil reserves

Step-by-step explanation:

Proven oil reserves are those that humans can extract oil from given our current technological and economic situations.

Under Proven oil reserves there are those that are Proven developed and those that are Proven Underdeveloped. Proven Developed ones can be extracted from as they come from already existing wells. Proven Underdeveloped however would need further investment to get them ready.

User Tumbleweed
by
7.8k points