oil and gas discovery volume worldwide stood at 4.7 billion barrels of oil equivalent.
The total volume of crude oil discoveries made worldwide in 2018 amounted to approximately 5.45 billion barrels of oil. The volume of oil discovered from 2015 onwards is notably smaller than the discoveries made in 2014 and in previous years due to decreased oil exploration as a result of the fall in oil prices that occurred. In 2021, the combined Crude oil discoveries worldwide from 2011 to 2018 (in billion barrels of oil)
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Statistics on Oil industry in the U.S.
Overview
4
Reserves & production
8
- Premium Statistic Proved oil reserves in the U.S. 1980-2020
- Premium Statistic Oil refinery capacity in the U.S. 1970-2021
- Basic Statistic Largest crude oil refineries in the U.S. 2022
- Premium Statistic Oil production in the United States 1998-2021
- Premium Statistic Crude oil production in the U.S. by state 2021
- Premium Statistic U.S. monthly oil production by oilfield 2020-2022
- Premium Statistic U.S. monthly new-well oil production per rig in 2020-2022, by region
- Premium Statistic Crude oil energy production outlook in the U.S. 2021-2050
Infrastructure
3
Trade & prices
4
Economic impact & companies
7
- Premium Statistic Oil and gas extraction industry value added in the U.S. 1998-2021
- Basic Statistic Oll and gas extraction industry gross output in the U.S. 1998-2021
- Premium Statistic Oil and gas extraction industry employment in the U.S. 1998-2021
- Premium Statistic Oil and gas industry employment in the U.S. by occupation 2021
- Premium Statistic Leading U.S. oil and gas producers based on market cap October 2022
- Premium Statistic Leading oil and gas producers in the U.S. based on revenue 2022
- Premium Statistic Supply chain issues experienced by oil and gas producers in the U.S. 2022
Further related statistics
13
- Global oil discoveries by region 2011-2018
- Proved oil reserves in Norway 1990-2020
- Global crude oil export value share by country 2021
- Middle East crude oil reserves by selected country 2015
- Global deepwater discoveries number by region 2010-2016
- U.S. crude oil exports by importing country 2016
- Total deepwater discoveries number worldwide 2010-2016
- Oil refinery capacity in France 1998-2021
- Buyers of Russia's ESPO blend oil in 2013 by country
- Oil reserves in Alaska, U.S. 1980-2020
- Global oil production share 2021, by country
- Proved oil reserves globally 1990-2020
- Oil consumption in Europe and CIS 2000-2021
Further Content: You might find this interesting as well
Statistics
- Global oil discoveries by region 2011-2018
- Proved oil reserves in Norway 1990-2020
- Global crude oil export value share by country 2021
- Middle East crude oil reserves by selected country 2015
- Global deepwater discoveries number by region 2010-2016
- U.S. crude oil exports by importing country 2016
- Total deepwater discoveries number worldwide 2010-2016
- Oil refinery capacity in France 1998-2021
- Buyers of Russia's ESPO blend oil in 2013 by country
- Oil reserves in Alaska, U.S. 1980-2020
- Global oil production share 2021, by country
- Proved oil reserves globally 1990-2020
- Oil consumption in Europe and CIS 2000-2021
Topics

Statista. (January 9, 2020). Crude oil discoveries worldwide from 2011 to 2018 (in billion barrels of oil) [Graph]. In Statista. Retrieved March 24, 2023, from https://www.statista.com/statistics/1088739/global-oil-discovery-volume/
Statista. "Crude oil discoveries worldwide from 2011 to 2018 (in billion barrels of oil)." Chart. January 9, 2020. Statista. Accessed March 24, 2023. https://www.statista.com/statistics/1088739/global-oil-discovery-volume/
Statista. (2020). Crude oil discoveries worldwide from 2011 to 2018 (in billion barrels of oil). Statista. Statista Inc.. Accessed: March 24, 2023. https://www.statista.com/statistics/1088739/global-oil-discovery-volume/
Statista. "Crude Oil Discoveries Worldwide from 2011 to 2018 (in Billion Barrels of Oil)." Statista, Statista Inc., 9 Jan 2020, https://www.statista.com/statistics/1088739/global-oil-discovery-volume/
Statista, Crude oil discoveries worldwide from 2011 to 2018 (in billion barrels of oil) Statista, https://www.statista.com/statistics/1088739/global-oil-discovery-volume/ (last visited March 24, 2023)
Crude oil discoveries worldwide from 2011 to 2018 (in billion barrels of oil) [Graph], Statista, January 9, 2020. [Online]. Available: https://www.statista.com/statistics/1088739/global-oil-discovery-volume/