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Proved Reserves Beyond Low (LKO) and High (HKO) Known Oil

CG&A

Thus, the requirements are like the downdip limit in order to estimate that the updip volume also contains oil, rather than an associated gas cap. Of course, those volumes can be booked as gas based on the physics of fluid densities, but oil is preferred.It what other data might exist to build the case for up-structure oil?

Oil 52
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A Guide to Enhanced Oil Recovery (EOR)

Drillers

The Canadian oil sands are a case in point. Gas injection, however, is a cost-effective solution to the gas flaring problem many oil drillers have on their hands. Gas flaring is the practice of burning associated gas that comes out of the reservoir together with the oil and has nowhere else to get sent or stored.

Oil 52