the example of re coverable resource
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Explanation:
For example, the technology required to produce oil from a location might exist, but it costs more than the oil is worth. The oil is still technically recoverable..
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The portion of technically recoverable resources that can be profitably produced is called economically recoverable oil and gas resources. The volume of economically recoverable resources is determined by both oil and natural gas prices and by the capital and operating costs that would be incurred during production.
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