Oil and Gas Reserves

An estimate of the amount of crude oil in a given economic region is known as oil reserves. Oil reserves must be able to be extracted under present technological limits in order to qualify. Venezuela, Saudi Arabia, and Canada are the top three oil-producing countries in the world. According to estimations, the world's oil reserves are projected to exceed 1.73 trillion barrels.

A complex blend of gaseous hydrocarbons makes up natural gas reserves. Natural gas reserves are substantial amounts of natural gas that are thought to exist with a high degree of certainty based on geological surveys and engineering research. These reserves are not only known to exist, but they are also accessible and economically viable to extract. Natural gas is mostly composed of methane, with minor amounts of ethane, propane, butane, pentane, and other higher hydrocarbons contributing to its calorific value. Dry gas, wet gas, and gas-condensate are the three types of natural gas reserves found in conventional gas fields (non associated gas).

  • Oil and Gas Reserves Data
  • Reserve Policy and Pricing
  • Oil and Gas Production in Reserve
Committee Members
Speaker at Oil, Gas and Petroleum Engineering 2026 - Anthony J Sadar

Anthony J Sadar

Environmental Science Communication, LLC, United States
Speaker at Oil, Gas and Petroleum Engineering 2026 - Selim Sanad Shaker

Selim Sanad Shaker

Geopressure Analysis Services, United States
Speaker at Oil, Gas and Petroleum Engineering 2026 - Sharma Dronamraju

Sharma Dronamraju

AKD Professional Solutions Inc., United States

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