Giant fields retain dominance in reserves growth

Guoping Bai Yan Xu China University of Petroleum Beijing In spite of the increasing importance of shale gas and tight oil in the new century, future oil and gas supply continues to be dominated by conventional petroleum reserves. The International Energy Agency (IEA) has predicted that unconventional oil, which includes bitumen, heavy oil, and tight oil, will contribute only 13% of the global supply and unconventional gas consisting of tight gas, shale gas, and coalbed methane, 26% of the global gas supply by 2035.1 Conventional petroleum supply will come largely from the remaining reserves and reserve growth from both discovered and undiscovered giant fields. The importance of giant fie...

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