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Natural gas - proved reserves worldwide 2000-2017
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Natural gas - proved reserves worldwide 2000-2017
Global proved natural gas reserves from 2000 to 2017 (in quadrillion cubic feet)
This graph shows global proved natural gas reserves from 2000 to 2017. Worldwide, there were about 6.83 quadrillion cubic feet of natural gas reserves in 2017.
Natural gas in the United States
The global volume of proved natural gas reserves has increased from 5.15 quadrillion cubic feet in 2000 to 6.83 quadrillion cubic feet in 2017. Proved reserves indicate the amount of a resource that can be produced economically under current prices and technologies. Reserves can change annually with new discoveries, thorough appraisal of existing fields, and production of existing resources. In 2017, over 40 percent of the world’s natural gas reserves were located in the Middle East. Iran held about 17.2 percent of the global share of reserves during this time. In North America, economically viable natural gas reserves have increased, most notably in the United States.
The United States has experienced a relatively large surge in proved natural gas reserves, reaching record numbers. Most of these new reserves have been found in Pennsylvania, Western Virginia, and Texas. The United States has also increased their consumption of natural gas due to increased use of hydraulic fracturing (“fracking”). Shale gas production has increased rapidly from 1.52 trillion cubic feet in 2007 to 9.96 trillion cubic feet in 2015. However, there has been a lot of controversy surrounding fracking. New York has banned this production method and currently, imports almost all of its natural gas, yet, still relies primarily on gas for electricity. As lower heating demands in winter are expected in the next few years, natural gas consumption is projected to decrease across the United States.
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This graph shows global proved natural gas reserves from 2000 to 2017. Worldwide, there were about 6.83 quadrillion cubic feet of natural gas reserves in 2017.
Natural gas in the United States
The global volume of proved natural gas reserves has increased from 5.15 quadrillion cubic feet in 2000 to 6.83 quadrillion cubic feet in 2017. Proved reserves indicate the amount of a resource that can be produced economically under current prices and technologies. Reserves can change annually with new discoveries, thorough appraisal of existing fields, and production of existing resources. In 2017, over 40 percent of the world’s natural gas reserves were located in the Middle East. Iran held about 17.2 percent of the global share of reserves during this time. In North America, economically viable natural gas reserves have increased, most notably in the United States.
The United States has experienced a relatively large surge in proved natural gas reserves, reaching record numbers. Most of these new reserves have been found in Pennsylvania, Western Virginia, and Texas. The United States has also increased their consumption of natural gas due to increased use of hydraulic fracturing (“fracking”). Shale gas production has increased rapidly from 1.52 trillion cubic feet in 2007 to 9.96 trillion cubic feet in 2015. However, there has been a lot of controversy surrounding fracking. New York has banned this production method and currently, imports almost all of its natural gas, yet, still relies primarily on gas for electricity. As lower heating demands in winter are expected in the next few years, natural gas consumption is projected to decrease across the United States.
Show moreNatural gas in the United States
The global volume of proved natural gas reserves has increased from 5.15 quadrillion cubic feet in 2000 to 6.83 quadrillion cubic feet in 2017. Proved reserves indicate the amount of a resource that can be produced economically under current prices and technologies. Reserves can change annually with new discoveries, thorough appraisal of existing fields, and production of existing resources. In 2017, over 40 percent of the world’s natural gas reserves were located in the Middle East. Iran held about 17.2 percent of the global share of reserves during this time. In North America, economically viable natural gas reserves have increased, most notably in the United States.
The United States has experienced a relatively large surge in proved natural gas reserves, reaching record numbers. Most of these new reserves have been found in Pennsylvania, Western Virginia, and Texas. The United States has also increased their consumption of natural gas due to increased use of hydraulic fracturing (“fracking”). Shale gas production has increased rapidly from 1.52 trillion cubic feet in 2007 to 9.96 trillion cubic feet in 2015. However, there has been a lot of controversy surrounding fracking. New York has banned this production method and currently, imports almost all of its natural gas, yet, still relies primarily on gas for electricity. As lower heating demands in winter are expected in the next few years, natural gas consumption is projected to decrease across the United States.
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- Release date
- 2018
- Region
- Worldwide
- Survey time period
- 2000 to 2017
- Supplementary notes
-
The values have been rounded.
Figures prior to 2017 are taken from previous reports. - Open this statistic in...
Source
- Show sources information
- Show publisher information
- Release date
- 2018
More information
- Region
- Worldwide
- Survey time period
- 2000 to 2017
- Supplementary notes
-
The values have been rounded.
Figures prior to 2017 are taken from previous reports. - Open this statistic in...
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Statistics on "Global natural gas industry"
- Global reserves
The most important statistics
- Global proved natural gas reserves from 2000 to 2017 (in quadrillion cubic feet)Natural gas - proved reserves worldwide 2000-2017
- Proved global natural gas reserves by region in 2017 (in trillion cubic meters)Natural gas reserves by world region 2017
- Leading countries by proved reserves of natural gas from 2008 to 2017 (in trillion cubic meters)Natural gas - countries with the largest reserves 2008 and 2017
- OPEC's share of global natural gas reserves from 2009 to 2017*OPEC - share of global natural gas reserves 2009-2017
- Technically recoverable reserves of unconventional natural gas worldwide as of 2016, by country (in trillion cubic meters)Unconventional natural gas reserves worldwide by country 2016
- Natural gas reserves to production ratio worldwide from 1980 to 2017 (in years)Global years of remaining natural gas supply 1980-2017
- Natural gas reserves to production ratio worldwide in 2017 by region (in years)Global natural gas reserve to production ratio by region 2017
- Underground storage capacity of natural gas worldwide in 2016, by region (in billion cubic meters)Natural gas underground storage capacity worldwide by region 2016
- Global production
The most important statistics
- Natural gas production worldwide from 1998 to 2017 (in billion cubic meters)Global natural gas production 1998-2017
- Natural gas production volume worldwide from 2010 to 2016, by type (in billion cubic meters)Production volume of natural gas worldwide by type 2010-2016
- Leading countries based on natural gas production in 2017 (in billion cubic meters)Leading natural gas producing countries worldwide 2017
- Production share of leading natural gas producing countries worldwide from 2010 to 2017Natural gas production share of leading producing countries 2010-2017
- Shale gas production worldwide in 2015 and 2040, by selected country (in billion cubic feet per day)Global shale gas production by select country 2015-2040
- OPEC's share of total global natural gas production from 2009 to 2017*OPEC - share of total global natural gas production 2009-2017
- Unconventional natural gas production share of total global natural gas from 2010 to 2016Unconventional natural gas share of global gas production 2010-2016
- Global consumption and prices
The most important statistics
- Natural gas consumption worldwide from 1998 to 2017 (in billion cubic meters)*Global natural gas consumption 1998-2017
- Leading countries based on natural gas consumption in 2017 (in billion cubic meters)Leading natural gas consuming countries worldwide 2017
- Consumption share of the leading natural gas consuming countries worldwide in 2017Share of global natural gas consumption of the leading consuming countries 2017
- Natural gas prices for industry worldwide as of 2017, by select country (in U.S. dollars per megawatt hour)*Global industrial prices for natural gas by select country 2017
- Returns on natural gas investments from 2008 to 2018Rate of return of natural gas investments worldwide 2018
- Trade
The most important statistics
- Natural gas trade volume worldwide via pipelines from 2010 to 2017 (in billion cubic meters)Natural gas global trade via pipelines 2010-2017
- Change in natural gas exports worldwide in 2017 compared to 2016, by regionGlobal natural gas exports change by region 2016/2017
- Change in natural gas imports worldwide in 2017 compared to 2016, by regionGlobal natural gas imports change by region 2016/2017
- Liquefied natural gas
The most important statistics
- Production capacity of proposed floating liquefied natural gas projects worldwide as of March 2018, by country (in million metric tons per year)*Proposed FLNG project production capacity worldwide by country 2018
- Liquefied natural gas trade volume worldwide from 1970 to 2017 (in billion cubic meters)*LNG trade volume worldwide 1970-2017
- Major importing countries of liquefied natural gas in 2017 (in billion cubic meters)LNG importing countries 2017
- Liquefied natural gas import market share worldwide in 2017, by countryLNG global import market share by country 2017
- Major liquefied natural gas exporting countries in 2017 (in billion cubic meters)Liquefied natural gas: major exporting countries 2017
- Liquefied natural gas export market share worldwide in 2017, by countryLNG global export market share by country 2017
- Leading companies
The most important statistics
- Largest natural gas producers worldwide based on production output in 2016 (in million cubic feet per day)Global natural gas largest producing companies 2016
- 2018 ranking of the leading global oil and gas companies based on revenue (in billion U.S. dollars)2018 global list of the top oil and gas companies based on revenue
- Market capitalization of the leading natural gas companies worldwide as of February 2018 (in billion U.S. dollars)Leading natural gas companies market capitalization worldwide as of February 2018
- Leading oil and gas companies worldwide based on number of employees in 2018 (in 1,000s)Global oil and natural gas companies based on number of employees 2018
- Outlook
The most important statistics
- Forecast of natural gas production worldwide from 2012 to 2050 (in trillion cubic feet)Global natural gas production forecast 2012-2050
- Projected natural gas consumption worldwide from 1990 to 2035 (in million metric tons of oil equivalent)World natural gas consumption
- Natural gas prices in the United States and Europe from 1980 to 2030 (in U.S. dollars per million British thermal units)*U.S. and European natural gas price 1980-2030
- Natural gas prices in selected markets from 2013 to 2030 (in nominal U.S. dollars per million British thermal units)*Global natural gas energy prices by region 2013-2030
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Statistics on "Global natural gas industry"
- Global proved natural gas reserves from 2000 to 2017 (in quadrillion cubic feet)
- Proved global natural gas reserves by region in 2017 (in trillion cubic meters)
- Leading countries by proved reserves of natural gas from 2008 to 2017 (in trillion cubic meters)
- OPEC's share of global natural gas reserves from 2009 to 2017*
- Technically recoverable reserves of unconventional natural gas worldwide as of 2016, by country (in trillion cubic meters)
- Natural gas reserves to production ratio worldwide from 1980 to 2017 (in years)
- Natural gas reserves to production ratio worldwide in 2017 by region (in years)
- Underground storage capacity of natural gas worldwide in 2016, by region (in billion cubic meters)
- Natural gas production worldwide from 1998 to 2017 (in billion cubic meters)
- Natural gas production volume worldwide from 2010 to 2016, by type (in billion cubic meters)
- Leading countries based on natural gas production in 2017 (in billion cubic meters)
- Production share of leading natural gas producing countries worldwide from 2010 to 2017
- Shale gas production worldwide in 2015 and 2040, by selected country (in billion cubic feet per day)
- OPEC's share of total global natural gas production from 2009 to 2017*
- Unconventional natural gas production share of total global natural gas from 2010 to 2016
- Natural gas consumption worldwide from 1998 to 2017 (in billion cubic meters)*
- Leading countries based on natural gas consumption in 2017 (in billion cubic meters)
- Consumption share of the leading natural gas consuming countries worldwide in 2017
- Natural gas prices for industry worldwide as of 2017, by select country (in U.S. dollars per megawatt hour)*
- Returns on natural gas investments from 2008 to 2018
- Natural gas trade volume worldwide via pipelines from 2010 to 2017 (in billion cubic meters)
- Change in natural gas exports worldwide in 2017 compared to 2016, by region
- Change in natural gas imports worldwide in 2017 compared to 2016, by region
- Production capacity of proposed floating liquefied natural gas projects worldwide as of March 2018, by country (in million metric tons per year)*
- Liquefied natural gas trade volume worldwide from 1970 to 2017 (in billion cubic meters)*
- Major importing countries of liquefied natural gas in 2017 (in billion cubic meters)
- Liquefied natural gas import market share worldwide in 2017, by country
- Major liquefied natural gas exporting countries in 2017 (in billion cubic meters)
- Liquefied natural gas export market share worldwide in 2017, by country
- Largest natural gas producers worldwide based on production output in 2016 (in million cubic feet per day)
- 2018 ranking of the leading global oil and gas companies based on revenue (in billion U.S. dollars)
- Market capitalization of the leading natural gas companies worldwide as of February 2018 (in billion U.S. dollars)
- Leading oil and gas companies worldwide based on number of employees in 2018 (in 1,000s)
- Forecast of natural gas production worldwide from 2012 to 2050 (in trillion cubic feet)
- Projected natural gas consumption worldwide from 1990 to 2035 (in million metric tons of oil equivalent)
- Natural gas prices in the United States and Europe from 1980 to 2030 (in U.S. dollars per million British thermal units)*
- Natural gas prices in selected markets from 2013 to 2030 (in nominal U.S. dollars per million British thermal units)*
- Natural gas reserves in China in 2016, by region (in billion cubic meters)
- Natural gas reserves in China in 2005 and 2010 (in billion cubic meters)
- Total gas reserves in Indonesia from 2007 to 2016 (in trillion cubic feet)
- Distribution of proved natural gas reserves worldwide from 1992 to 2017, by region
- Countries with the largest percentage of proved natural gas reserves worldwide from 2008 to 2017
- Proved natural gas reserves in Venezuela from 1992 to 2017 (in trillion cubic meters)
- Proved natural gas reserves in Qatar from 1992 to 2017 (in trillion cubic meters)
- Proved natural gas reserves in Russia from 1995 to 2017 (in trillion cubic meters)
- Proved natural gas reserves in Saudi Arabia from 1992 to 2017 (in trillion cubic meters)
- Leading countries based on conventional natural gas reserves worldwide in 2017 (in billion cubic meters)
- Natural gas reserves owned by Gazprom in Russia from 2013 to 2017, by region (in billion cubic meters)*
- Natural gas capacity of completed wells in Iran's South Pars gas field from 2002 to 2009, by participating company (in barrels per day)
- Composition of Iranian natural gas reserves in 2011
- Forecast of U.S. natural gas export revenue between 2015 and 2025, by scenario (billion U.S. dollars)*
- Proved natural gas reserves in North America from 1992 to 2017 (in trillion cubic meters)
- Value of imports of natural and manufactured gas from the United States to the United Kingdom (UK) from 2010 to 2014 (in 1,000 U.S. dollars)
- Natural gas consumption in Romania from 2005 to 2017 (in billion cubic meters)
- Value of imports of natural and manufactured gas from Algeria to the United Kingdom (UK) from 2010 to 2014 (in 1,000 U.S. dollars)
- Natural gas consumption in Turkey from 2005 to 2017 (in million metric tons of oil equivalent)
- Volume of natural gas consumption in the Gulf Cooperation Council in 2015, by country (in billion cubic meters)
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