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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
22,677 21,891 21,371 21,757 20,972 21,317 1899-2007
Changes in Reserves During Year
             
Adjustments (+,-)
416 163 74 221 94 65 1977-2007
Revision Increases (+)
1,925 1,486 1,939 1,544 1,590 2,278 1977-2007
Revision Decreases (-)
1,205 1,392 1,519 975 1,588 1,078 1977-2007
Sales (-)
804 1,107 937 823 982 811 2000-2007
Acquisitions (+)
828 709 960 1,101 1,176 792 2000-2007
Extensions (+)
492 426 617 805 504 651 1977-2007
New Field Discoveries (+)
300 705 33 205 30 66 1977-2007
New Reservoir Discoveries in Old Fields (+)
154 101 132 41 43 73 1977-2007
Estimated Production (-)
1,875 1,877 1,819 1,733 1,652 1,691 1977-2007
- = 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: 11/10/2008
Next Release Date: 10/16/2009