Alternative Energy & Fuels

U.S. Crude Oil and Natural Gas Proved Reserves

25 Apr, 2014

U.S. crude oil proved reserves, led by reserve additions in Texas and North Dakota, increased at a record pace in 2012 according to the "U.S. Crude Oil and Natural Gas Proved Reserves, 2012" report released in April 2014 by the U.S. Energy Information Administration (EIA). Despite notable gains in the Marcellus and Eagle Ford shale gas plays, low natural gas prices drove down natural gas proved reserves in 2012, ending a 14-year run of consecutive increases in gas reserves.

Provided by: U.S. Energy Information Administration

Download Now!



Subscribe to our Newsletters

The only vertical market site selection publication that delivers industry insight and growth strategies right to your inbox. Incentives, real estate, workforce development – site selection news and information centered around markets that matter to you.