11. Read the given data which gives an estimate of reserves of crude oil. Select the correct option
which defines how it is essential for the development process of a country.
Region/Country
Reserves (2017)
Number of Years
(Thousand Million Barrels) Reserves will last
Middle East
808
70
United States of America
50
10.5
World
1697
50.2
a
(a) If prices of crude oil increase this becomes a burden for all.
(6) Reserves of crude oil are going to last for 50 years and more.
(c) Middle East and USA may face energy crisis in future due to exhaustion of crude oil.
(d) Crude oil is a major source of energy for agriculture and industrial development.
Answers
Answer:
Reserves of crude oil are going to last for 50 years and more.
Explanation:
Step : 1 The traditional method of estimating the size of an oil or gas field involves forming a circle of drills around the initial well and gradually expanding these drills into wider circles until the field's extent is determined. Yes, crude oil is crucial for a nation's prosperity since it forms the cornerstone of industrial progress. Crude oil supplies 97% of the energy needed for transportation.
Step : 2 The amount of crude oil that may be recovered from a nation or region is known as its oil reserves. The top three nations with the highest oil reserves are Saudi Arabia, Venezuela, and Canada. Global oil reserves are estimated to be 1.73 trillion barrels, according to market leader BP plc. In addition to some nitrogen, sulphur, and oxygen, crude oil is a combination of very flammable liquid hydrocarbons (compounds mostly made of hydrogen and carbon).
Step : 3 Each sub-volume block's is necessary for reserve calculation. The volume is computed by multiplying the sectional area by the adjacent section's half-distance on each side (i.e. area of influence). A geometric formula is used to compute the ore body's sectional area.
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Answer:
There are enough crude oil reserves to endure for at least 50 years.
Explanation:
Step : 1 The standard procedure for calculating the size of an oil or gas field is creating a circle of drilling around the initial well and progressively enlarging these circles until the field's extent is known. Yes, since it serves as the foundation for industrial development, crude oil is essential for a country's success. 97% of the energy required for transportation is provided by crude oil.
Step : 2 The amount of crude oil that a country or region may be able to recover is referred to as its oil reserves. Saudi Arabia, Venezuela, and Canada are the top three countries in terms of oil reserves. According to estimates, there are According to market leader BP plc, there are 1.73 trillion barrels. Crude oil is a mixture of highly flammable liquid hydrocarbons, along with some nitrogen, sulphur, and oxygen (compounds mostly made of hydrogen and carbon).
Step : 3 The calculation of reserves requires each sub-volume block. The sectional area is multiplied by the adjacent section's half-distance on each side to calculate the volume (i.e. area of influence). The sectional area of the ore body is calculated using a geometrical formula.
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