Press Esc to close

WorldOil

CONTENT PREVIEW

For full content view: Log in Now!

  • United States: US reserves


    At year-end 2006, the US EIA released its estimates for US crude and gas reserves for 2005. Proved crude oil reserves rose nearly 2%, or 386 million bbl, in 2005, in contrast to the prior year drop of 2.5%. This was the first increase since 2002. Additions to reserves surpassed crude production in 2005 by 22%. Natural gas proved reserves increased by 6% in 2005, the largest increase since 1970. Reserves additions exceeded 2005 dry gas production by 64%, as US gas reserves increased for the seventh consecutive year. Crude. Texas easily had the largest gain of any state, at 306 million bbl in reserve additions, while Wyoming added 76 million bbl, Montana gained 63 million bbl, and Oklahoma and California expanded by 60 and 59 million bbl, respectively. Field extensions in these four states comprised the majority of crude reserve additions.

This area of the site is restricted. In order to gain access, please either Log In, or subscribe to World Oil.

Two options are available to you for creating an account.

1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.

Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.

Free Trial


2. Purchase a subscription to World Oil magazine and gain immediate and complete access to World Oil Online. As a Total Access subscriber you will have access to all areas of the site available to registered users and free subscribers as well as having access to such premium content areas as:

  • The Archives section containing over ten years of complete magazine archives,
  • The WO DataHub's engineering tables and directories,
  • The World Oil annual forecasts, including past predictions,
  • Select World Oil technical handbooks,
  • And much, much more!

Subscribe


Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.


If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.

WO DATA HUB

EngineeringTablesIcon-Large

Engineering Data Tables

World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.

WO SUPPLEMENTS

2013 Fracturing Technology

2013 Fracturing Technology

ENERGY EVENTS

Upcoming Events