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US reserve additions hum
10/07/2002
Operators' stellar performance in more than replacing US production in 2001 revealed some interesting differences with respect to gaseous and liquid hydrocarbons.The US Department of Energy's Energy Information Administration reported increases of 3.4% for dry natural gas reserves and 1.8% for crude oil in 2001 (OGJ Online, Sept. 30, 2002). Click here to enlarge imageA single deepwater discovery in the Gulf of Mexico accounted for a "significant portion" of the oil reserves added, EIA noted, while the increased gas reserves are in challenging, low-permeability reservoirs spread across three states.The gas reserve additions are mostly onshore and include a serious contribution fro...
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