01:460:103 Lecture 1: Geologic Resources

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Valuable materials of geologic origin that can be extracted from. Dense, viscous petroleum that flows slowly or not at all. A resource that forms at extremely slow rates compared to its rate of consumption. An area underlain by one or more oil pools. Shale with a high content of organic matter from which oil may be extracted by distillation. A set of conditions that hold petroleum in a reservoir rock and prevent its escape by migration. Mine in which ore is exposed at the surface in a large excavation. Naturally occurring material that can be profitably mined. Crude oil and natural gas. (some geologists use petroleum as a synonym for oil. ) Surface mines in which valuable mineral grains are extracted from stream bar or beach deposits. The discovered deposits of a geologic material that are economically and legally feasible to recover under present circumstances. A rock that is sufficiently porous and permeable to store and transmit petroleum.

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