State companies dominate non-U. S. OGJ100

Journal Article · Mon Sep 30 04:00:00 EDT 1991 · Oil and Gas Journal; (United States)

OSTI ID:5583633

Beck, R J; Thrash, L A

This paper reports on state owned oil and gas companies which dominate the OGJ100 list of major non U.S. holders of petroleum reserves. Many state companies report only production and reserves information and do not report financial data. Therefore, the companies cannot be ranked by financial data, as they are in the OGJ300. They instead are listed by region, based on location of companies' corporate headquarters. The top 20 companies in crude oil production and reserves are shown. The leading nongovernment company in both reserves and production is Royal Dutch/Shell Group - No. 11 in worldwide liquids reserves and No. 6 in liquids production. Crude oil reserves of the top 20 companies moved up less than 1% last year, increasing 401.5 billion bbl. The year before, when there were substantial reserves adjustments, the top 20 posted an increase of 139.3 billion bbl.

• OSTI ID: 5583633
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 89:39; ISSN 0030-1388; ISSN OIGJA
• Country of Publication: United States
• Language: English

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