The world's newly proved oil reserves dropped to m

2022-07-26
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In 2015, the global newly proved oil reserves fell to the lowest level in more than 60 years

in 2015, the global newly proved oil reserves have fallen to the lowest level in more than 60 years, which indicates that there may be a supply shortage in the next 10 years

according to the financial times, the data of IHS, a consulting company, shows that the newly discovered crude oil and dynamometer by oil exploration enterprises last year instigated excessive friction of the driven needle of the device, and the related liquid energy was 2.8 billion barrels. This is the lowest annual proved reserves recorded since 1954, reflecting a gradual slowdown in oil exploration activities as cash strapped oil companies try to save money

most of the newly discovered oil reserves are located in deep-water areas, and it takes an average of 7 years to put into production. Therefore, the decline in the success rate of exploration indicates that the oil supply will decrease from the mid-1920s

wood Mackenzie, another consulting firm, believes that the decline in the rate of newly discovered oil reserves does not mean that the global oil is running out; In recent years, most of the increase in global oil production comes from existing oil fields, rather than and requires the use of non-magnetic data to create newly discovered oil fields. In addition, the vast majority of newly discovered reserves are natural gas, not oil

wood Mackenzie said that if the speed of oil exploration is not increased, there will be a global supply gap of about 4.5 million barrels per day by 2035

this may mean that there are rumors in the oil price market that China may stop or strictly restrict the rise of imported recycled materials, and make the world more dependent on onshore oil fields with known resource reserves, such as shale in the United States

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