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Show if wr Thursday, Dec. 6, Emery County Progress 4B rm'nmr nyn 1979 Gulf? Persian oil in How Focus: much Energy Energy monthly column dependent Petroleum written by the .1 a is Focus In- Association Mountain (IPAMS). 4 welcomes regarding of States IPAMS Seattle, questions energy development for the Energy Focus column. Questions should be directed to IPAMS Energy Focus, 1214 Denver Club Building, Denver, Colo. 80202. IPAMS will attempt to answer all questions which are sent in, either through the in column this newspaper, or through ( .Q. I read that in the at 165.7 billion barrels. Persian Gulf they Kuwait has 71 billion; estimate reserves of Iran has 59 billion; 64.6 billion barrels of Iraq has 32.1 billion oil. Just how exact are and the United Arab these estimates?--Ralp- h Emirates hold 31.3 A. McGinnis, billion barrels. Wa . By contrast, the ..A. The Persian Gulf total U.S. domestic area you refer to borders on the shores estimated at 27.8 of most of the major billion barrels. As you can see, the middle oil East Persian Gulf is an producers and the offshore reserves are a important part of those How reserves. of the total part of these exact any reserves commonly be figures may attributed to them. how depends upon you Exactly who holds how much isn't clear. define reserves. You raise the issue In any case, total reserve onshore and of offshore for Saudi engineering, which is Arabia are estimated an inexact science. . direct reserves are in total the calculating reserves. It's a bit like calculating the size of a room by peeking through a keyhole. Distinctions must be made, however, on various types of reserve their discussing reserves. Proved Possible Reserves. This applies to formations shown to hold recoverable oil or but gas, calculation estimates. the on very These include: reserves is Proved Developed inexact because little Reserves. These are or no development the most accurate drilling has been done. because the engineer Potential Resources. has the maximum This includes an amount of data from estimate of oil which wells drilled. and geologists Generally, these are engineers think is in established fields likely to exist in areas with a history of that have not yet been production from most explored. or all of the unRecoverable of derground formation. Reserves. This is reserves in any field Proved Undeveloped really the most imReserves. These are a portant distinction to are based on little less accurate, keep in mind. Repressures, rates of and generally are Recoverable are those flow, the thickness and associated with fields serves extent of the producing that haven't been fully amounts of oil that can zones. developed, and so a be extracted at a Seismic data helps larger proportion of profit. As oil prices in some cases, but still the reserve estimate is rise, some fields that engineers can only a projection of what were previously estimate the total size amount is thought to abandoned become reworkable from an and volume of the be recoverable. These first two types economic standpoint, producing formations reservoir Estimates variables fij0lliftera& reserve figures can deeper and more the remote areas, making change with it more difficult and economy, changing - more expensive to speakPractically profitable ing, oil and gas now producethis happens, recoverable are being found in As of reserves are the just as oil mine and ones most often used mill tailings, with their in lower grade ores, by companies mathematically become assets. Thus, Postmaster Walter is the latest in a series Borla of Huntington, of annual sets of comannounced release of memorative stamps the U.S. Postal Ser- released by the Post Com1979 Office each year just vice's memorative Mint Set before Christmas. and this years edition The cover of the of and $5.25 Mint Set features Stamps a Postal a montage of artwork Stories, Service book on stamp related to the comcollecting for the new memorative stamps. collector and the Inside the album are experienced phila- clear strips of acetate telist. in which to mount and The 1979 Mint Set protect the collection. album contains all the The new 30 commemorative 6th Edition of Stamps and special stamps and Stories-T- he U.S. issued by the U.S. Postal Service EnPostal Service during cyclopedia of U.S. 1979 (including the Stamps," is on sale 1979 Christmas and is priced at $3.50. a and The book Stamps description of each). relates more than 100 1979 The Com- stories about U.S. memorative Mint Set stamps is and full-col- e Happy Holiday n from all of us at 100 West 637-337- 7 Table LINED LANTERN $38.95 1,000 hours service Arrangements LEATHER GLOVES (MO OC Ranch Tan Pile Lining Thorobred Vellox $9.95 Tool box being sold is similar to picture in a locked BERNZ-O-MATI- C KIT long life compart-mentizeal Set issues, and prices for souvenir pages and commemorative pannew or have been els, and an index changed substantially listing every U.S. to illustrate a different postage stamp ever aspect of an in issued. Geology publication details county sites Utah Geology, is now Fall, available and can be ordered from the Utah 1979, Geological and Mineral Survey will discontinue publicaUtah of tion with this Geology volume. In the future, short articles on the geology of Utah will continue to appear from time to time in U G M S Included are: Coal Accumulation in Upper Cretaceous Marginal Utah by County, Hellmut H. Doelling. History of Utah Deltaic T, U I IL--I Intrusion, Garfield Western Oquirrh Utah by County, Timothy C. Grant and John J. Anderson. Lithofacies of the Upper Pennsylvanian and Lower Permian Northwest Group, Utah by Teresa E. Jordan. Upper Permian and Triassic Lower Stratigraphy of the Stansbury Mountains by Teresa E. Jordan and Richard W. Allmendinger. Environments of the Blackhawk Formation Earthquake Epiand Star Point Sand- centers in Utah, stone, Emery, Utah by University of Utah Walter E. Marley, Seismograph Stations. of Romeo, M. Flores, and the Geology Victor V. Cavaroc. Antelope Springs Sandstone Spar in Quadrangle by J. the Trail Mountain Whelan and J. Coal Mine, Emery Bowdler. " ITV I I ROY DWA from d, the weather $113.49 box $14.50 $8.75 Propane Cylinder $2.49 Torch Only $8.69 McCULLOUCH CHAIN SAW $149.00 Power Mac 310 Any saw not in stock may be ordered k SOCKET WRENCH S-- K SUPER V." SPECIALS 21 " Drive & " Drive Piece " Drive m 1 H v $29.98 Llicrowave 2 chicfren breasts in 8 minutes and save power f f, h y N "4 $31.98 $34.98 I gfc KNIVES INDIAN BLANKET KA-BA- R SEAT COVERS Unconditional Lifetime Guaranty PICKUP TRUCK MODELS Barlow 2 or 3 (without pockets) T-- 1, T-- with 4 $19.95 $24.95 pockets VOLKSWAGEN MODELS CC-- 3 (Club Cab) wo pockets $26.95 $32.95 x 4 i I) I 8 -- tmim wr Mt MeiQt4irt (jv j t 3" 100 KHYBER KNIVES SL fZ $6.95 $9.99 1013 Cattle Knife Z I i : t r V Stainless Steel 4V 1607 Folding Hunter 1603 Lockblade When you bake two chicken breasts in a regular electric range oven, you'll use about 1 kilowatt hour of electricity. The average residential rate per kwh is approximately 5 Baking the same chicken breasts in a microwave oven will only take about 8 minutes and use 14 of a kilowatt hour a savings of approximately 34. . r, $14.95 $13.95 Vegetables cook beautifully in a microwave oven, retaining their fresh color and texture. Fish cooks tender and moist, frozen foods defrost rapidly, cakes rise higher when microwaved, puddings and custards cook smooth and creamy. A hamburger cooks in minutes, fudge brownies in 6 minutes. Candymaking is simplified too, without constant stirring or scorching 2-- 3 A microwave can save energy and help to hold down electric bills, but the savings depend on how much and what you cook. Greatest savings result when you need to heat medium or small quantities y foods Flan ahead, and use a smaller appliance whenever possible. of high-densit- INTERMOUNTAIN FARMERS STORES Spanish Fork 8 Tramonton 9 You'll save electncity and money1 Salt Lake City 1147 w 2100 So 972 3003 RG3II33QP U 8 LIGHT 4 and by Donald T. McMillan. Geology of the Spry PICKUP I .x? Protects tools, large and small NIGHT OWL LAMP stamp $10.95 Lining U"' kt and more and Stamps Stories also contains information on price trends of selected Many of the stories in this new edition are publications. Poinsett ias Holly Wreaths intensity flashlight and Red Signal Flasher collector. other No. dividual's life or of a significant historical event. numbers experienced catalogue current and U G M S Give gifts of love and cheer FLUORESCENT non-collecto- rs Mineral Survey, 606 Black Hawk Way, Salt Lake City, Utah 84108. 64 SPORTSMAN designed to introduce to collecting. stamp also book The interesting provides philatelic information such as 1980 market values for the novice Geological SEALED BEAM LIGHT Long life high- - profitably, although in small quantities. Post office offers mint sets, Stamps and Stories 256-pag- Unusual Christmas Gifts wells and fields can be made to produce again long-abandon- COMMNY |