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Aarkstore enterprises-Research Report on the Global and Chinese Oil and Gas Exploration Industry, 20

Research Report on the Global and Chinese Oil and Gas Exploration Industry, 2009

http://www.aarkstore.com/reports/Research-Report-on-the-Global-and-Chinese-Oil-and-Gas-Exploration-Industry-2009-13344.html

In 2008, the global oil reserves had kept going up slowly, up by 0.8% to 183.864 million tons compared with 2007. The natural gas reserves had held the line of 175.16 trillion cubic meters for successive two years and increased by 1.11% to 177.11 trillion cubic meters in 2008. The growth of global oil and gas reserves mainly attributed to that OPEC had improved the reserve evaluation on Libya and Republic of Venezuela.

From the part of the regions, the oil and natural gas reserves in the west hemisphere grew rapidly, up by 3.59% and 5.58% respectively. The oil and natural gas reserves in Republic of Venezuela sustained fast growth trend, increased by 14.18% and 2.80% respectively. The oil reserve growth in Republic of Venezuela was from ultra heavy oil. According to the statistics from PDVSA, the oil reserves reached to 13.613 billion tons by the end of 2008 in Republic of Venezuela, including 7.969 billion tons of ultra heavy oil, exceeding 1.685 billion tons compared with the estimation in 2007.

The oil reserves in West Europe reduced sharply by 10.5% in 2007 and successively down by 4.6% in 2008 as well as the natural gas down by 4.9% in 2007 and 1.9% in 2008. The oil and gas reserves in Denmark, France, Germany and Great Britain cut down rapidly.

The oil reserves in Asia Pacific decreased by 1% but up by 3.62% of the gas reserves. The yields in Indonesia dropped and it had planned to withdraw from OPEC in January, 2009.

The oil reserves in Middle East slightly turned down by 0.31% and the natural gas reserves up by 1.68%. OPEC increased the natural gas reserves in Iran by 4.58% and decreased the oil reserves by 1.63%.

The oil and gas reserves in Africa grew a bit, and the oil reserves in Libya were rose by 5.3%.

So far, there have been about 20 oil-producing countries in Africa, the yields of Nigeria, Algeria, Angola, Egypt and Libya accounting for 85% of the total oil yields in Africa. By 2010, the proportion of the African oil yields in the total oil yields in the world will enhance from 11% in 2007 to 20%.

The oil in Africa, accounting for 7% of the proved oil reserves in the world, cannot substitute the crude oil in Middle East, but there is huge oil exploitation potential in Africa. Africa regions not only have abundant proved unexploited oil and gas resources but also have the huge potential of the discovery of world new oil and gas fields.

Table of Contents :

1 Overview on the Global Oil and Gas Exploration Industry, 2008-2009

1.1 Related Concepts of the Oil and Gas Exploration Industry

1.1.1 Related Concepts of the Oil Exploration Industry

1.1.2 Related Concepts of the Gas Exploration Industry

1.2 Supplies & Demands and Resource Potentials of Global Oil and Gas

1.2.1 Supply & Demand Trends

1.2.2 Resource Potentials

1.2.3 Prediction on the Supply & Demand

1.3 Resource Distribution of Global Oil and Gas

1.3.1 Resource Distribution of the Oil

1.3.2 Resource Distribution of the Gas

1.4 Present Exploration Situation of Global Oil and Gas

1.4.1 Present Exploration Situation of Global Oil

1.4.2 Present Exploration Situation of Global Gas

1.5 Analysis on Global Proved Oil Reserves and the Oil-producing Wells

1.5.1 Asia Pacific

1.5.2 Middle East

1.5.3 Africa

1.5.4 East Europe and Union of Soviet Socialist Republics

1.5.5 West Europe

1.5.6 South America

1.5.7 North America

2 Policies of the Global Oil and Gas Industry, 2008-2009

2.1 Policies of the Gas Industry in Various Countries

2.1.1 Policies of Russian Gas Industry

2.1.2 Policies of American Gas Industry

2.2 Policies of the Oil Exploration Industry in Various Countries

2.3 Policies of Chinese Oil and Gas Exploration Industry

2.3.1 Overview on Major Chinese Oil and Gas Exploration Policies

2.3.2 Reform of Chinese Oil Systems

2.3.3 Policies of Strengthening Oil and Gas Exploration

2.3.4 Entry Limitations of Chinese Offshore Oil Exploration Market

2.3.5 Other Related Policies

Related Reports:

Introductions to the Top Ten Chinese Adjustment and Revitalization Plans, 2009

Report of Chinese Apparel Industry, 2009

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