Global oil and gas discoveries amounted to five billion barrels of oil equivalent in 2023. This was notably lower than the discovery volume reported in the period between 2015 and 2020, but slightly more than the amount reported for the 11-month period between January and November 2021.
Volume of crude oil and natural gas discoveries worldwide from 2015 to 2023
(in billion barrels of oil equivalent)
Characteristic
Discoveries in billion barrels of oil equivalent (boe)
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Rystad Energy. (January 29, 2024). Volume of crude oil and natural gas discoveries worldwide from 2015 to 2023 (in billion barrels of oil equivalent) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1291416/oil-and-gas-discovery-volume-worldwide/
Rystad Energy. "Volume of crude oil and natural gas discoveries worldwide from 2015 to 2023 (in billion barrels of oil equivalent)." Chart. January 29, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1291416/oil-and-gas-discovery-volume-worldwide/
Rystad Energy. (2024). Volume of crude oil and natural gas discoveries worldwide from 2015 to 2023 (in billion barrels of oil equivalent). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1291416/oil-and-gas-discovery-volume-worldwide/
Rystad Energy. "Volume of Crude Oil and Natural Gas Discoveries Worldwide from 2015 to 2023 (in Billion Barrels of Oil Equivalent)." Statista, Statista Inc., 29 Jan 2024, https://www.statista.com/statistics/1291416/oil-and-gas-discovery-volume-worldwide/
Rystad Energy, Volume of crude oil and natural gas discoveries worldwide from 2015 to 2023 (in billion barrels of oil equivalent) Statista, https://www.statista.com/statistics/1291416/oil-and-gas-discovery-volume-worldwide/ (last visited December 30, 2024)
Volume of crude oil and natural gas discoveries worldwide from 2015 to 2023 (in billion barrels of oil equivalent) [Graph], Rystad Energy, January 29, 2024. [Online]. Available: https://www.statista.com/statistics/1291416/oil-and-gas-discovery-volume-worldwide/