See this post: the US remains "the natural gas king."
Now, this today, from the EIA:
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Archived
I wouldn't pay to much attention to any of the numbers below but it helps put things in perspective. The numbers below simply tell me how fast natural gas reserves grew with the "Bakken revolution."
How does this compare to the earlier note, from 2018?
From oilprice, the data comes from BP's annual review, 2017 data.
- US natural gas production (flat over the past three years):
- 2017: 71.1 billion cubic feet per day
- 2016: 71.1 billion cubic feet per day
- 2015: 71.6 billion cubic feet per day
US natural gas reserves, February 13, 2018, EIA:
- 341.1 trillion cubic feet; increased by 5% over 2016
- Pennsylvania: added 6.1 tcf natural gas reserves, the largest net increase of all states in 2016 as a result of the Marcellus)
- next largest net gains, after Pennsylvania: Oklahoma (3.7 tcf); Ohio (3.1 tcf); SCOOP, STACK, Utica
- natural gas from shale as a percentage of total production: increased from 54% in 2015 to 62% in 2016
- additions exceeded consumption by 30%
What about the rest of the world back in 2013?
- Russia: 6,000 trillion cubic feet
- another 11 TCF discovery, 2018; the Arctic
- Iran: 1,000 trillion cubic feet
- Qatar: 900 trillion cubic feet
- Turkmenistan: 600 trillion cubic feet
- US: 350 trillion cubic feet
- #11: Australia: 152 trillion cubic feet (as of January, 2014). (See this post.)
- Pakistan: 10,000 trillion cubic feet (highly unlikely, something tells me we are mixing apples and oranges, reserves vs technically recoverable.
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