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)
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.
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 November 22, 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 November 22, 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: November 22, 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 November 22, 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/
