U.S. oil reserves top 36 billion barrels
Published by Joseph Green,
Editor
Hydrocarbon Engineering,
U.S. crude oil proved reserves increased for the fifth year in a row in 2013, with a net addition of 3.1 billion boe (a 9% increase) from 2012, and exceeded 36 billion boe for the first time in nearly four decades, according to the U.S. Crude Oil and Natural Gas Proved Reserves, 2013 report, released on Thursday by the U.S. Energy Information Administration (EIA).
U.S. natural gas proved reserves increased 10% in 2013, more than replacing the 7% decline in proved reserves seen in 2012, and raising the U.S. total to a record level of 354 trillion ft3
Adapted from a press release by Joe Green
Read the article online at: https://www.hydrocarbonengineering.com/refining/05122014/us-crude-oil-reserves-increased-eia-1939/
You might also like
Hydrocarbon Engineering Podcast
Mike Logue, Owens Corning Global Business Director – Mechanical Insulation, delves into factors that can support the performance, safety and longevity of insulating systems installed in hydrocarbon processing environments, including cryogenic facilities.
Watlow expands facility in Malaysia
Watlow accelerates growth in Malaysia with expanded facility and long-term commitment to southeast Asia’s industrial development.
