- Year-over-year increases in U.S. proved reserves resulted in record-high levels of crude oil and lease condensate, up 12%, and natural gas up 9% in 2018, according to the U.S. Crude Oil and Natural Gas Proved Reserves, Year-End 2018 report.
- “The United States increased its proved reserves of oil and natural gas, establishing new records in 2018 according to a recently released EIA report,” EIA Administrator Linda Capuano said in a statement.
- U.S. Crude Oil and Natural Gas Proved Reserves, Year-end 2018 is available product described in this press release was prepared by the U.S. Energy Information Administration (EIA), the statistical and analytical agency within the U.S. Department of Energy.
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