Search USGSSearch

SEARCH · Search USGS

Results for “World Oil”

Search indexed USGS publications on groundwater, aquifers, geologic maps, mineral resources and earthquakes. Explore source records by subject and place.

Quote a phrase for an exact phrase match. Source license links do not imply unrestricted reuse.

At least 19 recordsLinked to original sources

Changing Perceptions of World Oil and Gas Resources as Shown by Recent USGS Petroleum Assessments

The U.S. Geological Survey (USGS) periodically conducts geology-based assessments of the oil and gas resources of the world in recognition of the fact that the United States economic security is closely linked to energy resources outside the United States. Four such petroleum assessments have been published in recent years (Masters and others, 1984, 1987, 1991, and 1994). A summary of these assessments (table 1) indicates the magnitude of world conventional oil and gas resources, as perceived in the 1980s and 1990s by the USGS. These four successive world petroleum assessments evidence changes in perception through time. The assessments were prepared using a consistent methodology by the same core group of geologists. Because of this continuity, differences among the four assessments can be largely attributed to an evolving understanding of world recoverable oil and gas resources rather than to procedural or philosophical changes. In this fact sheet, some of the trends in the estimates of table 1 are examined with a view toward better understanding world oil and gas resources in the context of the next few decades.

Fact Sheet

Distribution and quantitative assessment of world crude oil reserves and resources

World Demonstrated Reserves of crude oil are approximately 723 billion barrels of oil (BBO). Cumulative production is 445 BBO and annual production is 20 BBO. Demonstrated Reserves of crude-oil have declined over the past 10 years consistent with discoveries lagging production over the same period. The assessment of Undiscovered Resources shows a 90 percent probability that the amount discoverable lies between 321 and 1,417 BBO, 550 BBO being the most likely value. The most likely value for Ultimate recoverable resources is 1,718 BBO. The distribution of Ultimate Resources of crude oil will remain highly skewed toward the Middle East; no frontier areas that have potentials large enough to significantly affect present distribution are recognized. Rates of discovery have continued to decline over the past 20 years even though exploration activity has increased in recent years. Prudence dictates, therefore, that the low side of the assessment of Undiscovered Resources be responsibly considered and that alternate energy sources be a part of future planning. Extra-heavy oil and bitumen are assessed separately, with Reserves being figured as the annual productive capacity of installed facilities times 25 years. The annual production of extra-heavy oil is about 8 million barrels and of bitumen about 60 million barrels.

Open-File Report

Geology and resources of some world oil-shale deposits

Oil-shale deposits are in many parts of the world. They range in age from Cambrian to Tertiary and were formed in a variety of marine, continental, and lacustrine depositional environments. The largest known deposit is in the Green River Formation in the western United States; it contains an estimated 213 billion tons of in-situ shale oil (about 1.5 trillion U.S. barrels). Total resources of a selected group of oil shale deposits in 33 countries are estimated at 409 billion tons of in-situ shale oil, which is equivalent to 2.8 trillion U.S. barrels of shale oil. These amounts are very conservative because (1) several deposits mentioned herein have not been explored sufficiently to make accurate estimates, and (2) some deposits were not included in this survey.

Scientific Investigations Report

Geology and resources of some world oil-shale deposits

Oil-shale deposits are in many parts of the world. They range in age from Cambrian to Tertiary and were formed in a variety of marine, continental, and lacustrine depositional environments. The largest known deposit is in the Green River Formation in the western United States; it contains an estimated 213 billion tons of in-situ shale oil (about 1.5 trillion U.S. barrels). Total resources of a selected group of oil shale deposits in 33 countries are estimated at 409 billion tons of in-situ shale oil, which is equivalent to 2.8 trillion U.S. barrels of shale oil. These amounts are very conservative because (1) several deposits mentioned herein have not been explored sufficiently to make accurate estimates, and (2) some deposits were not included in this survey.

Book

Applying monitoring, verification, and accounting techniques to a real-world, enhanced oil recovery operational CO2 leak

The use of carbon dioxide (CO 2 ) for enhanced oil recovery (EOR) is being tested for oil fields in the Illinois Basin, USA. While this technology has shown promise for improving oil production, it has raised some issues about the safety of CO 2 injection and storage. The Midwest Geological Sequestration Consortium (MGSC) organized a Monitoring, Verification, and Accounting (MVA) team to develop and deploy monitoring programs at three EOR sites in Illinois, Indiana, and Kentucky, USA. MVA goals include establishing baseline conditions to evaluate potential impacts from CO 2 injection, demonstrating that project activities are protective of human health and the environment, and providing an accurate accounting of stored CO 2 . This paper focuses on the use of MVA techniques in monitoring a small CO 2 leak from a supply line at an EOR facility under real-world conditions. The ability of shallow monitoring techniques to detect and quantify a CO 2 leak under real-world conditions has been largely unproven. In July of 2009, a leak in the pipe supplying pressurized CO 2 to an injection well was observed at an MGSC EOR site located in west-central Kentucky. Carbon dioxide was escaping from the supply pipe located approximately 1 m underground. The leak was discovered visually by site personnel and injection was halted immediately. At its largest extent, the hole created by the leak was approximately 1.9 m long by 1.7 m wide and 0.7 m deep in the land surface. This circumstance provided an excellent opportunity to evaluate the performance of several monitoring techniques including soil CO 2 flux measurements, portable infrared gas analysis, thermal infrared imagery, and aerial hyperspectral imagery. Valuable experience was gained during this effort. Lessons learned included determining (1) hyperspectral imagery was not effective in detecting this relatively small, short-term CO 2 leak, (2) even though injection was halted, the leak remained dynamic and presented a safety risk concern during monitoring activities and, (3) the atmospheric and soil monitoring techniques used were relatively cost-effective, easily and rapidly deployable, and required minimal manpower to set up and maintain for short-term assessments. However, characterization of CO 2 distribution near the land surface resulting from a dynamic leak with widely variable concentrations and fluxes was challenging.

Illinois, Indiana, and Kentucky

Jurassic-Cretaceous Composite Total Petroleum System and Geologic Assessment of Oil and Gas Resources of the North Cuba Basin, Cuba

The purpose of the U.S. Geological Survey's (USGS) World Oil and Gas Assessment is to develop geologically based hypotheses regarding the potential for additions to oil and gas reserves in priority areas of the world. The U.S. Geological Survey (USGS) completed an assessment of the undiscovered oil and gas potential of the North Cuba Basin. The assessment is based on the geologic elements of the total petroleum system (TPS) defined in the province, including petroleum source rocks (source-rock maturation, generation, and migration), reservoir rocks (sequence stratigraphy and petrophysical properties), and petroleum traps (Trap formation and timing). Using this geologic framework, the USGS defined a Jurassic-Cretaceous Total Petroleum System in the North Cuba Basin Province. Within this TPS, three assessment units were defined and assessed for undiscovered oil and gas resources.

Data Series

Assessment of undiscovered oil and gas resources of the Cretaceous-Tertiary Composite Total Petroleum System, Taranaki Basin Assessment Unit, New Zealand

The Cretaceous-Tertiary Composite Total Petroleum System coincident Taranaki Basin Assessment Unit was recently assessed for undiscovered technically recoverable oil, natural gas, and natural gas liquids resources as part of the U.S. Geological Survey (USGS) World Energy Resources Project, World Oil and Gas Assessment. Using a geology-based assessment methodology, the USGS estimated mean volumes of 487 million barrels of oil, 9.8 trillion cubic feet of gas, and 408 million barrels of natural gas liquids.

Taranaki Basin

Oil and gas resource potential north of the Arctic Circle

The US Geological Survey recently assessed the potential for undiscovered conventional petroleum in the Arctic. Using a new map compilation of sedimentary elements, the area north of the Arctic Circle was subdivided into 70 assessment units, 48 of which were quantitatively assessed. The Circum-Arctic Resource Appraisal (CARA) was a geologically based, probabilistic study that relied mainly on burial history analysis and analogue modelling to estimate sizes and numbers of undiscovered oil and gas accumulations. The results of the CARA suggest the Arctic is gas-prone with an estimated 770–2990 trillion cubic feet of undiscovered conventional natural gas, most of which is in Russian territory. On an energy-equivalent basis, the quantity of natural gas is more than three times the quantity of oil and the largest undiscovered gas field is expected to be about 10 times the size of the largest undiscovered oil field. In addition to gas, the gas accumulations may contain an estimated 39 billion barrels of liquids. The South Kara Sea is the most prospective gas assessment unit, but giant gas fields containing more than 6 trillion cubic feet of recoverable gas are possible at a 50% chance in 10 assessment units. Sixty per cent of the estimated undiscovered oil resource is in just six assessment units, of which the Alaska Platform, with 31% of the resource, is the most prospective. Overall, the Arctic is estimated to contain between 44 and 157 billion barrels of recoverable oil. Billion barrel oil fields are possible at a 50% chance in seven assessment units. Undiscovered oil resources could be significant to the Arctic nations, but are probably not sufficient to shift the world oil balance away from the Middle East.

Geological Society Memoir

Assessment of undiscovered oil and gas resources of four west Africa geologic provinces

Four geologic provinces located along the northwest and west-central coast of Africa recently were assessed for undiscovered oil, natural gas, and natural gas liquids resources as part of the U.S. Geological Survey's (USGS) World Oil and Gas Assessment. Using a geology-based assessment methodology, the USGS estimated mean volumes of 71.7 billion barrels of oil, 187.2 trillion cubic feet of natural gas, and 10.9 billion barrels of natural gas liquids.

Fact Sheet

Assessment of undiscovered oil and gas resources of the Chad Basin Province, North-Central Africa

The Chad Basin Province located in north-central Africa recently was assessed for undiscovered, technically recoverable oil, natural gas, and natural gas liquids resources as part of the U.S. Geological Survey's (USGS) World Oil and Gas Assessment. Using a geology-based assessment methodology, the USGS estimated mean volumes of 2.32 billion barrels of oil, 14.65 trillion cubic feet of natural gas, and 391 million barrels of natural gas liquids.

Fact Sheet

Assessment of undiscovered oil and gas resources of the Sud Province, north-central Africa

The Sud Province located in north-central Africa recently was assessed for undiscovered, technically recoverable oil, natural gas, and natural gas liquids resources as part of the U.S. Geological Survey's (USGS) World Oil and Gas Assessment. Using a geology-based assessment methodology, the USGS estimated mean volumes of 7.31 billion barrels of oil, 13.42 trillion cubic feet of natural gas, and 353 million barrels of natural gas liquids.

Fact Sheet

Assessment of undiscovered oil and gas resources of the West African Costal Province, West Africa

The West African Coastal Province along the west African coastline recently was assessed for undiscovered, technically recoverable oil, natural gas, and natural gas liquids resources as part of the U.S. Geological Survey's USGS World Oil and Gas Assessment. Using a geology-based assessment methodology, the USGS estimated mean volumes of 3.2 billion barrels of oil, 23.63 trillion cubic feet of natural gas, and 721 million barrels of natural gas liquids.

Fact Sheet

Assessment of undiscovered oil and gas resources of the South Africa Coastal Province, Africa

The South Africa Coastal Province along the South Africa coast recently was assessed for undiscovered, technically recoverable oil, natural gas, and natural gas liquids resources as part of the U.S. Geological Survey's (USGS) World Oil and Gas Assessment. Using a geology-based assessment methodology, the USGS estimated mean volumes of 2.13 billion barrels of oil, 35.96 trillion cubic feet of natural gas, and 1,115 million barrels of natural gas liquids.

Fact Sheet

Assessment of undiscovered oil and gas resources of four East Africa Geologic Provinces

Four geologic provinces along the east coast of Africa recently were assessed for undiscovered, technically recoverable oil, natural gas, and natural gas liquids resources as part of the U.S. Geological Survey's (USGS) World Oil and Gas Assessment. Using a geology-based assessment methodology, the USGS estimated mean volumes of 27.6 billion barrels of oil, 441.1 trillion cubic feet of natural gas, and 13.77 billion barrels of natural gas liquids.

Fact Sheet

Assessment of undiscovered oil and gas resources of the Central Burma Basin and the Irrawaddy-Andaman and Indo-Burman Geologic Provinces, Myanmar

The Irrawaddy-Andaman and Indo-Burman Geologic Provinces were recently assessed for undiscovered technically recoverable oil, natural gas, and natural gas liquids resources as part of the U.S. Geological Survey's (USGS) World Oil and Gas Assessment. Using a geology-based assessment methodology, the USGS estimated mean volumes of 2.3 billion barrels of oil, 79.6 trillion cubic feet of gas, and 2.1 billion barrels of natrual gas liquids.

Indo-Burman;Irrawaddy-Andaman

World conventional crude oil and natural gas: Identified reserves, undiscovered resources and futures

This report summarizes, at the petroleum basin level, the United States Geological Survey's World Energy Program 1993 assessment of world conventional oil and gas resources. The maps provided show boundaries of petroleum basins that are referenced by the assessment, as well as, future oil and gas potential. The 'Futures' or future potential of a basin is calculated as the the sum of the Identified Reserves and the modal value assigned to the conventional Undiscovered Resources.

Open-File Report

Reserve Growth in Oil Fields of West Siberian Basin, Russia

Although reserve (or field) growth has proven to be an important factor contributing to new reserves in mature petroleum basins, it is still a poorly understood phenomenon. Limited studies show that the magnitude of reserve growth is controlled by several major factors, including (1) the reserve booking and reporting requirements in each country, (2) improvements in reservoir characterization and simulation, (3) application of enhanced oil recovery techniques, and (4) the discovery of new and extensions of known pools in discovered fields. Various combinations of these factors can affect the estimates of proven reserves in particular fields and may dictate repeated estimations of reserves during a field's life. This study explores the reserve growth in the 42 largest oil fields in the West Siberian Basin, which contain about 55 percent of the basin's total oil reserves. The West Siberian Basin occupies a vast swampy plain between the Ural Mountains and the Yenisey River, and extends offshore into the Kara Sea; it is the richest petroleum province in Russia. About 600 oil and gas fields with original reserves of 144 billion barrels of oil (BBO) and more than 1,200 trillion cubic feet of gas (TCFG) have been discovered. The principal oil reserves and most of the oil fields are in the southern half of the basin, whereas the northern half contains mainly gas reserves. Sedimentary strata in the basin consist of Upper Triassic through Tertiary clastic rocks. Most oil is produced from Neocomian (Lower Cretaceous) marine to deltaic sandstone reservoirs, although substantial oil reserves are also in the marine Upper Jurassic and continental to paralic Lower to Middle Jurassic sequences. The majority of oil fields are in structural traps, which are gentle, platform-type anticlines with closures ranging from several tens of meters to as much as 150 meters (490 feet). Fields producing from stratigraphic traps are generally smaller except for the giant Talin field which contains oil in Jurassic river-valley sandstones. Principal source rocks are organic-rich marine shales of the Volgian (uppermost Jurassic) Bazhenov Formation, which is 30-50 m (98- 164 feet) thick. Bazhenov-derived oils are mostly of medium gravity, and contain 0.8-1.3 percent sulfur and 2-5 percent paraffin. Oils in the Lower to Middle Jurassic clastics were sourced from lacustrine and estuarine shales of the Toarcian Togur Bed. These oils are medium to low gravity, with low sulfur (less than 0.25 percent) and high paraffin (commonly to 10 percent) contents. Among the 42 fields analyzed for reserve growth, 30 fields are located in the Middle Ob region, which includes the Samotlor field with reserves of more than 25 BBO and the Fedorov field with reserves of about 5 BBO. Data used in the study include year of discovery, year of first production, annual and cumulative production, and remaining reserves reported by Russian reserve categories (A+B+C1 and C2) in January of each year. Correlation of these Russian resource categories to U.S. categories of the Society of Petroleum Engineers classification is complex and somewhat uncertain. Reserve growth in oil fields of West Siberia was calculated using a newly developed Group Growth method, which requires that the total reserve (proven reserve plus cumulative production) of individual fields with an equal length of reserve record be added together starting with discovery year or the first production year. Then the annual growth factor (AGF), which is the ratio of total reserves of two consecutive years, is calculated for all years. Once AGFs have been calculated, the cumulative growth factor (CGF) is calculated by multiplying the AGFs of all the previous years. The CGF data are used to develop reserve growth models. The West Siberian oil fields show a 13-fold reserve growth 20 years after the discovery year and only about a 2-fold growth after the first production year. This difference is attributed to extensive exploration and field delineation activities between the discovery and the first production years. Because of uncertainty in the length of evaluation time and in reported reserves during this initial period, reserve growth based on the first production year is more reliable for model development. However, reserve growth models based both on discovery year and first production year show rapid growth in the first few years and slower growth in the following years. In contrast, the reserve growth patterns for the conterminous United States and offshore Gulf of Mexico show a steady reserve increase throughout the productive lives of the fields. The different reserve booking requirements and the lack of capital investment for improved reservoir management and production technologies in West Siberian fields relative to U.S. fields are the probable causes for the difference in growth patterns. Reserve growth models based on the first production year predict that the reserve growth potential in the 42 largest oil fields of West Siberia over a five-year period (1998-2003) ranges from 270-330 million barrels or 0.34-0.42 percent per year. For a similar five-year period (1996-2001), models for the conterminous United States predict a growth of 0.54-0.75 percent per year. This abstract presents the contents of a poster prepared for the AAPG Hedberg Research Conference on Understanding World Oil Resources, November 12-17, 2006 - Colorado Springs, Colorado. A paper 'Reserve Growth in Oil Fields of West Siberian Basin, Russia' was published in Natural Resources Research, v. 12, no. 2, June, 2003.

Open-File Report