Energy Environmental Blog

Record Crude Oil Reserves in 2011

Written by Greg Russell | Aug 10, 2013 3:55:56 PM

Rigzone is reporting that "[p]roved crude oil reserve additions in the United States reached a record volumetric increase in 2011, the second year in a row that a record was set [according to] the Energy Information Administration (EIA)."  More?  "While not setting a record, proved natural gas reserves increased by nearly 10 percent – or about 31.2 trillion cubic feet (Tcf) – making it the second largest annual increase since 1977."

For the EIA report, see here.