US EIA confirms 2018 a bumper year for American oil and gas

RECENTLY released data from the US Energy Information Administration finds 2018 was a record-breaking year for the nation’s oil and gas reserves with a 12% rise in liquids and a 9% in gas over 2017.

US hydrocarbon reserves soared in 2018

14 January 2020
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By the end of 2018 the US had proved reserves of crude and condensate of 47.1 billion barrels and 504.5 trillion cubic feet of gas compared with 464.4Tcf in 2017.

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