Right. See related questions.
Montanas nickname is the treasure state and it got its nickname from its extensive mineral reserves.
Extensive reserves refer to a large amount of resources, typically in the context of natural resources like oil, gas, minerals, or water. Having extensive reserves implies that there is a significant stockpile available for use, which can be beneficial for ensuring long-term sustainability or meeting future demand.
Right. Mexico is one of the largest producers of oil in the world.
Not sure if this is a math/ statistics question. Reserves are assets you hold, but are not using immediately. There are oil reserves, mineral reserves (like gold reserves) and cash reserves. I think you need to rephrase the question for a proper answer.
In your deed you add the following phrase Grantor reserves all mineral interest or excepting all mineral interest
On the Mexican Oil Expropriation in 1938, Mexican President Lazaro Cardenas declared that all mineral and oil reserves found within Mexico belonged to the government, following the principle stated in the 1917 constitution.
The duration of mineral reserves can vary greatly depending on factors such as demand, extraction technologies, and new discoveries. It is difficult to predict an exact timeframe for how long reserves will last, but estimates are typically given in decades to centuries for most minerals. Continued exploration and sustainable mining practices can help extend the lifespan of mineral reserves.
mapped and recoverable
USA
Venezuela, Mexico, and Brazil qualify as such:Proven oil reserves (2014) in millions of barrels:Venezuela: 297,570 (largest reserves in the world)Brazil: 13,986 (15th)Mexico: 10,264 (16th)Oil production (2013) in millions of barrels per dayVenezuela: 3.02 (9th largest producer in the world)Mexico: 2.93 (10th)Brazil: 2.6 (12th)
Quite actually, the most abundant mineral found in Mexico is zinc, as well as silver sulfide. Mexico has a far higher supply of energy, as petroleum is a prominent resource for Mexico. Petroleum pays a significant amount of money in the economy of Mexico.
Based on 2013 Mexico has 10.26 billion barrels of proven crude oil reserves. Mexico has also proven natural gas reserves of 487.7 billion cubic meters based on data from the same year.