EIA releases 2010 US oil, natural gas reserve estimates

08/13/2012
Horizontal drilling and hydraulic fracturing in tight shale plays helped US oil and gas reserves grow at a record pace during 2010, the US Energy Information Administration said Aug. 1. It was the biggest single-year increase since EIA began publishing proved reserves estimates in 1977, the US Department of Energy statistical and forecasting agency noted. Estimated domestic crude and condensate proved reserves climbed by a net 2.9 billion bbl, or 12.8%, to 25.2 billion bbl as of Dec. 31, 2010, EIA said in its report on US oil, gas, and gas liquids reserves. Wet natural gas proved reserves rose by a net 33.8 tcf, or 11.9%, to 317.6 tcf during the same period. The increases broke growth rec...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected