Oil, Natural Gas Proved Reserves Increased In 2016

Oil, Natural Gas Proved Reserves Increased In 2016


Proved reserves of onshore crude oil and natural gas in the U.S. increased in 2016, according to a report issued this week by the Energy Information Administration (EIA). Crude oil proved reserves increased 3 percent and natural gas rose 5 percent compared to 2015, EIA stated. Proved reserves are estimated…

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Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.


3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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