Petrol

Petrol

a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compounds, that are found in geologic formations beneath the Earth's surface. A fossil fuel, it is formed when large quantities of dead organisms, usually zooplankton and algae, are buried underneath sedimentary rock and undergo intense heat and pressure.

Industry: Energy

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Petrol

Estimated additional resources (EAR)

Energy; Coal

Uranium in addition to RAR that is expected to occur, mostly on the basis of geological evidence, in extensions of well-explored deposits, in little-explored deposits, and in undiscovered deposits ...

Overburden ratio

Energy; Coal

Overburden ratio refers to the amount of overburden that must be removed to excavate a given quantity of coal. It is commonly expressed in cubic yards per tonne of coal, but is sometimes expressed as ...

Recoverable coal

Energy; Coal

Coal that is, or can be, extracted from a coal bed during mining.

Stabilisation lagoon

Energy; Coal

A shallow artificial pond used for the treatment of wastewater. Treatment includes removal of solid material through sedimentation, the decomposition of organic material by bacteria, and the removal ...

Speculative resources (SR)

Energy; Coal

Uranium in addition to EAR that is thought to exist, mostly on the basis of indirect evidence and geological extrapolations, in deposits discoverable with existing exploration techniques. The ...

Overriding royalty

Energy; Coal

A royalty interest, in addition to the basic royalty, created out of the working interest; itis, therefore, limited in its duration to the life of the lease under which it is created.

Recoverable proved reserves

Energy; Coal

The proved reserves of natural gas as of December 31 of any given year are the estimated quantities of natural gas which geological and engineering data demonstrates with reasonable certainty to be ...