Shell reported nearly 9.8 billion barrels of oil equivalent oil and gas reserves as of December 31, 2023. Most were listed under subsidiaries, at 8.3 billion barrels. The figure included both proved and undeveloped reserves. In the period of consideration, the record low was in 2020, at 9.1 billion barrels of oil equivalent.
Oil and gas reserves of Shell from 2010 to 2023
(in million barrels of oil equivalent)
At December 31. Including proved developed and undeveloped reserves. Natural gas volumes are converted to oil equivalent using a factor of 5,800 scf per barrel.
This statistic was assembled using several editions of the report.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Shell. (March 15, 2024). Oil and gas reserves of Shell from 2010 to 2023 (in million barrels of oil equivalent) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/260332/shells-oil-and-gas-reserves/
Shell. "Oil and gas reserves of Shell from 2010 to 2023 (in million barrels of oil equivalent)." Chart. March 15, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/260332/shells-oil-and-gas-reserves/
Shell. (2024). Oil and gas reserves of Shell from 2010 to 2023 (in million barrels of oil equivalent). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/260332/shells-oil-and-gas-reserves/
Shell. "Oil and Gas Reserves of Shell from 2010 to 2023 (in Million Barrels of Oil Equivalent)." Statista, Statista Inc., 15 Mar 2024, https://www.statista.com/statistics/260332/shells-oil-and-gas-reserves/
Shell, Oil and gas reserves of Shell from 2010 to 2023 (in million barrels of oil equivalent) Statista, https://www.statista.com/statistics/260332/shells-oil-and-gas-reserves/ (last visited August 25, 2024)
Oil and gas reserves of Shell from 2010 to 2023 (in million barrels of oil equivalent) [Graph], Shell, March 15, 2024. [Online]. Available: https://www.statista.com/statistics/260332/shells-oil-and-gas-reserves/