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Crude Oil Proved Reserves, Reserves Changes, and Production
(Million Barrels)
Area: Period:
 Annual 
 Show Data By:
Data Series Area
2002 2003 2004 2005 2006 2007 View
History
Proved Reserves as of 12/31
5,009 5,120 4,691 4,483 4,096 3,905 1980-2007
Changes in Reserves During Year
             
Adjustments (+,-)
3 8 3 0 -3 3 1980-2007
Revision Increases (+)
521 376 450 253 471 372 1980-2007
Revision Decreases (-)
403 686 562 305 555 324 1980-2007
Sales (-)
24 225 234 42 257 218 2000-2007
Acquisitions (+)
35 243 218 24 272 219 2000-2007
Extensions (+)
125 115 99 68 71 122 1980-2007
New Field Discoveries (+)
290 702 27 201 21 18 1980-2007
New Reservoir Discoveries in Old Fields (+)
110 93 65 29 24 56 1980-2007
Estimated Production (-)
483 515 495 436 431 439 1980-2007
- = No Data Reported;  -- = Not Applicable;  NA = Not Available;  W = Withheld to avoid disclosure of individual company data.
Notes: Miscellaneous includes Arizona, Missouri, Nevada, New York, South Dakota, Tennessee, and Virginia. The production estimates in this table are based on data reported on Form EIA-23, "Annual Survey of Domestic Oil and Gas Reserves." They many differ from the official Energy Information Administration production data for crude oil contained in the "Petroleum Supply Annual."  See Definitions, Sources, and Notes link above for more information on this table.
Release Date: 2/10/2009
Next Release Date: 1/29/2010