State-owned companies dominate list of largest non-U. S. producers

Journal Article · Mon Sep 05 04:00:00 EDT 1994 · Oil and Gas Journal; (United States)

OSTI ID:6997270

Beck, R J; Williamson, M

Because state-owned oil and gas companies dominate Oil and Gas Journal's list of largest non-US producers, data aren't fully comparable with those of the OGJ300. Many state companies report only production and reserves, with little or no financial data. Companies on the OGJ100, therefore, cannot be ranked by assets or revenues. Instead, they are listed by regions, based on location of corporate headquarters. There was no change in makeup of the top 20 holders of crude oil reserves. These companies' reserves totaled 872.3 billion bbl in 1993. The top 20 non-US companies now control 87.3 % of total world crude oil reserves, according to OGJ estimates. This is up marginally from 87.2 % of total world oil reserves in 1992. The top 20 had 87.7 % of total world reserves in 1991 and 85.5 % in 1990. The table lists company name, total assets, revenues, net income, capital and exploratory expenditures, worldwide oil production, gas production, oil and gas reserves worldwide.

• OSTI ID: 6997270
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 92:36; ISSN OIGJAV; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
03 NATURAL GAS
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
COMPILED DATA
DATA
ENERGY SOURCES
FINANCIAL DATA
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INCOME
INDUSTRY
INFORMATION
INVESTMENT
NATURAL GAS
NATURAL GAS INDUSTRY
NUMERICAL DATA
PETROLEUM
PETROLEUM INDUSTRY
PRODUCTION
PROFITS
REGIONAL ANALYSIS
RESERVES
RESOURCES