Oil/gas reserves and production

Question 1

List top 10 countries based on oil reserves.

Answer 1

1. Venezuela
2. Saudi Arabia
3. Canada
4. Iran
5. Iraq
6. Kuwait
7. United Arab Emirates
8. Russia
9. Libya
10. USA

Question 2

What share of global oil reserves corresponds to Venezuela?

a. 8.9%
b. 11%
c. 17.7%

Answer 2

c. 17.7%

Question 3

What share of global oil reserves is attributable to the US?

Answer 3

2.6%

Question 4

List top five global producers of crude.

Answer 4

1. Saudi Arabia
2. Russia
3. United States
4. China
5. Canada

Question 5

List top five countries in terms of oil refinery capacity.

Answer 5

1. USA
2. China
3. Russia
4. Japan
5. India

Question 6

In 2013, how much did the US have in crude oil reserves (in billion barrels)?

Answer 6

31 billion barrels of crude reserves

Question 7

What was US oil production (in 1,000 b/d) in 2013?

Answer 7

10 million barrels per day

Question 8

U.S. oil refinery capacity (in 1,000 b/d) in 2013?

Answer 8

17.8 million

Question 9

List top five countries in terms of their natural gas reserves?

Answer 9

1. Iran
2. Russia
3. Qatar
4. Turkmenistan
5. USA

Question 10

US natural gas reserves 2013:

Answer 10

9.3 trillion cubic meters

Question 11

What country is the largest producer of natural gas in the world?

Answer 11

USA

Question 12

US natural gas production in 2013:

Answer 12

687 billion cubic meters

Question 13

US proven natural gas reserves in 2013:

Answer 13

5.4 trillion cubic meters

Question 14

US shale gas production in 2013:

Answer 14

9.6 trillion cubic feet