Dear adammc,
Thanks for your question. First, let me request that if any of the
following is unclear or if you require any further research – please
don’t hesitate to ask me for a clarification.
Per our short correspondence prior to my publishing this answer, you
had agreed to receive the data I have managed to find – please let me
know if you have any questions as soon as possible.
Actual Production and Reserve by Country
**********************************
The following data was extracted from:
McGraw Hill’s Access Science Database
Engineering and Materials: Petroleum Engineering:
Research Update – Oil Reserves
The following notes should be considered:
+ Conventional oil excludes heavy, tar, deepwater (500 m), polar,
enhanced, natural gas liquids.
+ Values are shown as computed but should be generously rounded.
Data is 1998.
United States
-----------------
Rank among oil-producing nations: 3
Production - Thousand barrels per day: 4544
Production - Cumulative, Gb: 163.76
Reserves, median probable (P50): 16.86
Discovered, Gb: 180.62
Yet-to-find, Gb: 9.38
Yet-to-produce: 26.24
Ultimate, Gb: 190
Year of Peak production: 1971
Saudi Arabia
----------------
Rank among oil-producing nations: 1
Production - Thousand barrels per day: 8058
Production - Cumulative, Gb: 83.23
Reserves, median probable (P50): 207.85
Discovered, Gb: 291.08
Yet-to-find, Gb: 18.92
Yet-to-produce: 226.77
Ultimate, Gb: 310
Year of Peak production: 2008
Venezuela
-------------
Rank among oil-producing nations: 6
Production - Thousand barrels per day: 2331
Production - Cumulative, Gb: 48.77
Reserves, median probable (P50): 28.6
Discovered, Gb: 77.37
Yet-to-find, Gb: 7.63
Yet-to-produce: 36.23
Ultimate, Gb: 85
Year of Peak production:1970
Russia (excludes Caspian)
--------
Rank among oil-producing nations: 2
Production - Thousand barrels per day: 7021
Production - Cumulative, Gb: 133.13
Reserves, median probable (P50): 77.31
Discovered, Gb: 210.44
Yet-to-find, Gb: 19.56
Yet-to-produce: 96.87
Ultimate, Gb: 230
Year of Peak production: 1988
Caspian
-----
Rank among oil-producing nations: 14
Production - Thousand barrels per day: 200
Production - Cumulative, Gb: 1.82
Reserves, median probable (P50): 5
Discovered, Gb: 6.82
Yet-to-find, Gb: 23.18
Yet-to-produce: 28.18
Ultimate, Gb: 30
Year of Peak production: 2030
Iraq
-----
Rank among oil-producing nations: 4
Production - Thousand barrels per day: 2114
Production - Cumulative, Gb: 23.96
Reserves, median probable (P50): 89.38
Discovered, Gb: 113.34
Yet-to-find, Gb: 16.66
Yet-to-produce: 106.04
Ultimate, Gb: 130
Year of Peak production: 2008
Reserve and Production Estimates by Country Jan 1 2003
***********************************************
Source:
Oil & Gas Journal
December 23, 2002
WORLDWIDE REPORT; Pg. 113
Worldwide reserves increase as production holds steady
Marilyn Radler, Economics Editor
Note: Does not include shut in. injection, or service wells.
United States
------------------
ESTIMATED PROVED RESERVES
Jan 1 2003 Oil (1,000 bbl) – 22,446,000
Jan 1 2003 Gas (bcf) –183,460
Jan 1 2003 Oil (1,000 bbl) – 22,045,000
Jan 1 2003 Gas (bcf) -177,427
OIL PRODUCTION
Dec. 31, 2001 Producing oil wells 521,070
Estimated 2002 (1,000 b/d) 5,770.0
Change from 2001 (%)-0.5
Actual 2001 (1,000 b/d) 5,801.2
Saudi Arabia
------------------
ESTIMATED PROVED RESERVES
Jan 1 2003 Oil (1,000 bbl) – 259,300,000
Jan 1 2003 Gas (bcf) –224,200
Jan 1 2003 Oil (1,000 bbl) – 259,250,000
Jan 1 2003 Gas (bcf) -219,000
OIL PRODUCTION
Dec. 31, 2001 Producing oil wells 1,560
Estimated 2002 (1,000 b/d) 7,380.0
Change from 2001 (%)-4.1
Actual 2001 (1,000 b/d) 7,695.0
Venezuela
------------------
ESTIMATED PROVED RESERVES
Jan 1 2003 Oil (1,000 bbl) – 77,800,000
Jan 1 2003 Gas (bcf) –148,000
Jan 1 2003 Oil (1,000 bbl) – 77,685,000
Jan 1 2003 Gas (bcf) -147,585
OIL PRODUCTION
Dec. 31, 2001 Producing oil wells 15,395
Estimated 2002 (1,000 b/d) 2,415.0
Change from 2001 (%)-10.1
Actual 2001 (1,000 b/d) 2,685.0
Russia
------------------
ESTIMATED PROVED RESERVES
Jan 1 2003 Oil (1,000 bbl) – 60,000,000
Jan 1 2003 Gas (bcf) –1,680,000
Jan 1 2003 Oil (1,000 bbl) – 48,573,000
Jan 1 2003 Gas (bcf) -1,680,000
OIL PRODUCTION
Dec. 31, 2001 Producing oil wells 41,192
Estimated 2002 (1,000 b/d) 7,385.0
Change from 2001 (%) 8.9
Actual 2001 (1,000 b/d) 6,780.8
Iraq
------------------
ESTIMATED PROVED RESERVES
Jan 1 2003 Oil (1,000 bbl) – 112,500,000
Jan 1 2003 Gas (bcf) –109,800
Jan 1 2003 Oil (1,000 bbl) – 112,500,000
Jan 1 2003 Gas (bcf) -109,800
OIL PRODUCTION
Dec. 31, 2001 Producing oil wells 1,685
Estimated 2002 (1,000 b/d) 2,030.0
Change from 2001 (%)-13.8
Actual 2001 (1,000 b/d) 2,355.0
Top 50 Oil Companies
*******************
Source:
Petroleum Intelligence Weekly
December 18, 2002
SUPPLEMENT
PIW's Top 50: How The Firms Stack Up
I’m not sure what happened to #1 in the Petroleum Intelligence
Weekly’s rankings…Also, Exxon Mobil appear as one; the following also
includes Shell. BP and Aramco do not show up in the tables – could
they be subsidiaries of other companies? In lieu of BP and Aramco, I
have included the top 5 companies – if you want to try two additional
companies, let me know.
State-
Ownership
Rank Rank PIW Company Country (%)
2001 2000 Index
2 3 98.6 Exxon Mobil US
3 2 97.7 PDV Venezuela 100
4 4 97.1 NIOC Iran 100
5 5 95.7 RD/Shell UK &
Netherlands
7 6 92 Pemex Mexico 100
The following data correlates to the rankings above:
Rank Reserves Reserves Output Output
2001 Liquids Gas Liquids Gas
(Mill. (Bcf) (Mill. (bcf)
Bbl) Bbl).
------------------------------------------------
2 14 12,312 12 55,946
3 5 77,783 7 148,295
4 4 89,700 2 812,300
5 16 9,469 13 55,829
6 19 8,376 17 46,175
Financial Measures
-----------------------
Ref. Capacity Product Sales Revenue
1,000 b/d 1,000 b/d Rank
---------------------------------------------------------------
Saudi Aramco 9 2,084 7 2,725
Exxon Mobil 1 6,261 1 7,971 1
PDV 4 3,085 5 3,200 10
NIOC 14 1,474 12 1,400
RD/Shell 3 3,200 3 5,720 3
BP 2 3,260 2 6,206 2
Company Revenues Net Income Total Assets
$ Million Rank $Million Rank $ Million
Exxon Mobil 191,201 1 15,320 1 143,174
PDV 46,250 8 3,993 7 57,542
RD/Shell 138,252 2 10,852 3 111,543
BP 176,551 3 8,008 2 141,158
Excellent Report on Crude Reserves in US by State and Region
********************************************************
See –
http://www.eia.doe.gov/pub/oil_gas/natural_gas/data_publications/crude_oil_natural_gas_reserves/historical/2000/pdf/ch3.pdf
Other
******
Finally, to find data on specific oil fields run the following search
on Google –
"oil fields" +statistics
(exactly like that)
You’ll see that thousands of hits come back – but most of the top hits
are quite relevant and will give you some country specific data.
If you want to explore purchasing a report, try the following url –
http://www.bizminer.com/3_order3.asp?industryID=130&subID=520
This will present you with reports in several industry sub-segments.
You can purchase industry reports on the crude oil segment at –
http://www.bizminer.com/3_order4.asp?industryID=130&subID=520&SIC=1311%2E0101
I have included some additional links of interest below (they all
include statistics of one type or another that are related to the oil
industry).
I hope this response adequately addresses your request. Please let me
know if you are in need of additional information concerning this
query.
Thanks,
ragingacademic-ga
Additional Links:
“Oil Crisis” – some data that may be of interest and lots of links
http://healthandenergy.com/oil_crisis.htm
Bibliography on reservoirs
http://www.geoscience.co.uk/geofrc/geobaserefs.html
World Oil Production
http://artid.tripod.com/worldoil.htm
Some interesting oil industry statistics
http://www.gravmag.com/oil.html
Search Strategy:
"oil fields" statistics
"oil fields" "global production capacity"
P.S. I hope this all formatted well!! |
