The USGS team gave a mean estimate of 513bn barrels of "technically recoverable" oil in the Orinoco belt.
Chris Schenk of the USGS said the estimate was based on oil recovery rates of 40% to 45%. |
Venezuela Oil 'May Double Saudi Arabia'Quicklink Submitted By Margaret Bassett 2 comments
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The USGS team gave a mean estimate of 513bn barrels of "technically recoverable" oil in the Orinoco belt.
Chris Schenk of the USGS said the estimate was based on oil recovery rates of 40% to 45%. |
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