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Super-majors say the only shortage in energy is access.

Publication: Oil and Gas Investor

Publication Date: 01-MAR-06

Author: Maxwell, Taryn
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COPYRIGHT 2006 Hart Publications, Inc.

Some people worry about the amount of oil and gas that remain beneath Earth's surface; others' concern is about the amount of subsurface resources Earth's governments will allow access to.

"Our Earth was endowed with 3 trillion barrels of conventional oil," Stuart McGill, senior vice president, ExxonMobil Corp., said at the annual Cambridge Energy Research Associates conference in Houston last month. "With unconventional, that has been pushed to 4 trillion barrels. Since the...

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