Diverse upstream mix

Oil and gas production includes a wide array of projects. Table 1 in the article beginning on p. 41 illustrates this diversity.Included in the table are 242 major projects or phases of projects that will contribute substantial oil and gas production to the world’s growing energy demand. These projects are in 35 countries and would add more than 23 million b/d of oil and condensate and 46.5 bcfd (17 tcf/year) of gas if they all reached peak production at the same time.Current production in the world is about 81 million b/d of total liquids and 96 tcf/year of gas, based on projections from the US Energy Information Administration.Infrastructure needsMany of these projects include inve...

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