1.

Collect historical data for oil, gas, and coal production and reserves,
calculate R/P ratio. Prepare table and plot all.
World oil reserves
Year Reserves (Billion Barrels)

1980 642.160000253469

1981 651.600000008941

1982 669.900000922382

1983 665.400000356138

1984 667.299999937415

1985 701.199999980628

1986 698.500000119209

1987 698.500000149012

1988 889.300000153482

1989 908.000000089407

1990 1001.89999978989

1991 999.800000116229

1992 990.099999785423

1993 996.800000339746

1994 999.000000476837

1995 999.800000458956

1996 1008.49999989569

1997 1021.18805755675

1998 1023.10000039637

1999 1036.6000001207

2000 1020.70000071824

2001 1031.99999991804

2002 1034.90000016987
 2003 1215.1000001356

2004 1264.7999998033

2005 1278.90000012517

2006 1292.2000002563

2007 1310.50000065565

2008 1327.40000023693

2009 1336.3999998197

2010 1349.09999986738

2011 1467.9999999851

2012 1521.10000033677

2013 1642.00000020862

2014 1647.80000080913

2015 1615.40000067651

World oil production

Year Production (Thousand Barrels per day)

1980 59,463.80

1981 55,958.40

1982 53,367.30
1983 53,166.60

1984 54,417.60

1985 53,882.60

1986 56,242.17

1987 56,572.17

1988 58,615.45

1989 59,725.36

1990 60,424.25

1991 60,126.34

1992 60,097.77

1993 60,173.79

1994 61,175.25

1995 62,430.25

1996 63,816.35

1997 65,797.55

1998 67,022.85

1999 65,898.06

2000 68,343.04

2001 67,921.63

2002 67,050.84

2003 69,189.99

2004 72,249.60

2005 73,516.23

2006 73,099.73

2007 72,698.83

2008 73,583.73

2009 72,385.33
 2010 74,166.13

2011 74,281.63

2012 76,047.63

2013 75,996.83

2014 77,724.30

2015 79,784.30

2. Collect predictions of future usage or production of various energy sources

for the past 10-20 years (at least 10 years). Compare these
predictions. Discuss all you can.
3. Analyze changes of oil, gas, and coal reserves for the past 30 years. Give
your opinion about these changes.

4. Collect data on use of pipe gas and LNG (production, delivery, LNG
production capacity, LNG receiving capacity. LNG producing countries and
capacities, etc.). For pipe gas, select one countries for your investigation,
no repetition.
5. Collect oil price data as far back as you can. Prepare table and plot. Use
inflation rate to plot oil prices for 2015US$
 6. Investigate history of oil price (how oil price was specified, what was its
effect(s), etc.)
7. Give comments on current and future oil price (review articles related to
oil prices)
8. Investigate history of pipe gas price (one country, no repetition) and LNG
price.
9. Identify usage of LNG of 3 countries.
10. List name of IOC and NOC.
IOCs -
1) Conocophilips
2) Inpex
3) Hess corporation
4) Statoil
5) Anadarko
11. Prepare table and plot of reserves, yearly production, and R/P ratio
of 10 IOCs and 10 NOCs for the past 10 years.
IOCs
1) Anadarko
Production(Thousand
Year Reserves(MMBOE) BOE/day) R/P ratio
2016 1122 291 10.56348
2015 2057 306 18.417047
2014 2858 312 25.096593
2013 2792 284 26.934208
2012 2560 268 26.170517
2011 2539 246 28.277091
2010 2422 235 28.236666
2009 2304 224 28.180039
2008 2277 205 30.431006
2007 2431 212 31.416387
 2) Statoil

Production(Thousand
Year Reserves(MMBOE) BOE/day) R/P ratio
2016 5013 673 20.407499
2015 5060 662 20.941108
2014 5359 635 23.121562
2013 5600 625 24.547945
2012 5422 665 22.338037
2011 5426 598 24.859119
2010 5325 621 23.49282
2009 5408 652 22.724599
2008 5456 648 23.067817
2007 6010 632 26.053407

3) Hess
Corporation
Production(Thousand
Year Reserves(MMBOE) BOE/day) R/P ratio
2016 1109 332 9.1516752
2015 1086 375 7.9342466
2014 1431 422 9.290398
2013 1437 336 11.717221
2012 1553 406 10.479789
2011 1573 370 11.647538
2010 1537 418 10.074064
2009 1437 408 9.6494762
2008 1432 381 10.297343
2007 1330 377 9.6653465

4) Inpex
Production(Thousand
Year Reserves(MMBOE) BOE/day) R/P ratio
2016 3264 514 17.397793
2015 2434 408 16.344346
2014 2532 409 16.960847
2013 2188 408 14.692452
2012 2432 426 15.640877
2011 1308 423 8.4717769
2010 1475 405 9.9780145
2009 1598 405 10.810079
2008 1645 423 10.65449
2007 1770 418 11.601232
 5) BP
Year Reserves(MMBOE) Production(MMBOE/day) R/P ratio
2016 17810 1193 14.928751
2015 17180 1182 14.534687
2014 17523 1146 15.290576
2013 17996 1178.95 15.26443
2012 17000 1215.815 13.98239
2011 17748 1260.71 14.077782
2010 12007 1395.03 8.6069834
2009 12621 1459.27 8.648845
2008 12562 1432.99 8.7662859
2007 12853 1393.57 9.2230745

6) Total
Year Reserves(MMBOE) Production(MMBOE/day) R/P ratio
2016 11518 894.98 12.869561
2015 11580 856.655 13.517694
2014 11523 783.29 14.711027
2013 11526 839.135 13.735573
2012 11368 839.5 13.541394
2011 11423 856.29 13.340107
2010 10695 867.97 12.321854
2009 10483 832.565 12.591209
2008 10458 854.465 12.239237
2007 10449 872.715 11.972981

7) Chevron
Year Reserves(MMBOE) Production(MMBOE/day) R/P ratio
2016 11122 946.81 11.746813
2015 11168 957.03 11.669436
2014 11102 938.415 11.935018
2013 11200 947.905 11.921026
2012 11300 952.65 11.756679
2011 11200 975.645 10.762111
2010 10500 1008.495 11.204815
2009 11300 986.96 11.347978
2008 11200 923.45 11.695273
2007 10800 955.935 11.297839

8) Coconophilips
Year Reserves(MMBOE) Production(MMBOE) R/P ratio
2016 6424 680 9.4470588
2015 8180 579.985 14.103813
2014 8906 562.1 15.844156
2013 8921 548.23 16.272367
2012 8642 575.97 15.004254
2011 8387 590.935 14.192762
2010 8310 639.48 12.994933
2009 10300 676.71 15.2207
2008 10000 652.985 15.314287
2007 10600 848.26 12.496169

9) Royal Dutch of Shell

Year Proved Reserves Production R/P Ratio
(MMboe) (MMboe) (Years)

2008 3443 619 5.6

2009 4031 578 7.0
2010 4528 591 7.7
2011 4313 561 7.7
2012 4384 543 8.1
2013 4468 509 8.8
2014 3939 489 8.1
2015 3359 496 6.8
 Shell Proved Reserves
5000

4500

4000

3500

3000
MMboe

2500

2000

1500

1000

500

0
2008 2009 2010 2011 2012 2013 2014 2015

Shell Production
700

600

500

400
MMboe

300

200

100

0
2008 2009 2010 2011 2012 2013 2014 2015
 Shell R/P Ratio
10.0

9.0

8.0

7.0

6.0
Years

5.0

4.0

3.0

2.0

1.0

0.0
2008 2009 2010 2011 2012 2013 2014 2015

NOCs
1) PTTEP
Year Reserve(MMBOE) Production(MMBOE) R/P ratio
2007 946 76 12.4473684
2008 944 90.6 10.4194261
2009 1,099 95.8 11.4718163
2010 1,043 111 9.39907259
2011 969 110 8.8091746
2012 901 115 7.86144316
2013 846 120 7.03617714
2014 777 131 5.92543854
2015 738 136 5.40865583
2016 695 134 5.16995406

2) Gazprom Neft
Year Reserve(MMBOE) Production(MMBOE) R/P ratio
2007 6914 548.6 12.6029894
2008 6808 548.7 12.4075087
2009 7462 461.5 16.1690141
2010 7526 508.6 14.7974833
2011 8,319 421.6 19.7319734
2012 8,873 439 20.2118451
2013 9,961 457.4 21.7774377
2014 10,694 488.1 21.9094448
2015 11,792 592.2 19.9121918
2016 11528 621.81 18.5394252
 3) Rosneft
Year Reserves(MMBOE) Production(MMBOE) R/P ratio
2006 12671 655 19.3
2007 13538 792 17.1
2008 13360 771 17.3
2009 13951 795 17.5
2010 13970 841 16.6
2011 16995 906 18.8
2012 17932 928 19.3
2013 30788 1530 20.1
2014 40607 1687 24.1
2015 40359 1700 23.7

4) Petroleos Mexicanos
Year Reserve(MBOE) Production(MBOE) R/P ratio
2009 15500000 1616950 9.58594885
2010 14700000 1603080 9.16984804
2011 14300000 1447225 9.88097912
2012 14000000 1378240 10.1578825
2013 13800000 1384445 9.96789327
2014 13796000 1359625 10.1469155
2015 13,900,000 1349405 10.3008363
2016 13,438,000 1333345 10.0784118

5) Japex
Production(Thousand
Year Reserves(MMBOE) BOE/day) R/P ratio
2016 349 73.7 12.9737365
2015 313 74.4 11.5259979
2014 305 48.3 17.3005474
2013 307 36.6 22.980762
2012 223 38.6 15.8279509
2011 257 40.6 17.3426007
2010 254 39.1 17.7977087
2009 272 44.1 16.8980834
2008 225 42.3 14.5730108
2007 176 42.8 11.2661631

6) Pertamina
Year Reserves(MMBLs) Production(MBBLs) R/P ratio
2015 2017843 90111 22.4
2014 1962730 82402 23.8
2013 1686647 73551 22.9
2012 1357077 71760 18.9
2011 1317877 70628 18.7
 2010 1502498 70242 21.4
2009 1381799 67804 20.4

7) Saudi Aramco
Reserves(Billions of
Year Barrels) Production(Billions of Barrels) R/P ratio
2015 261.1 3.7 70.6
2014 261.1 3.5 74.6
2013 260.2 3.4 76.5
2012 260.2 3.5 74.3
2011 259.7 3.31 78.5
2010 260.1 2.887 90.1
2009 260.1 2.888 90.1
2008 259.9 3.266 79.6
2007 259.9 3.114 83.5

12. Investigate history of exploration and production of one country, no

repetition. (Be selective in your investigation.)
On March 3, 1938, an American-owned oil well in Dhahran, Saudi Arabia,
drilled into what would soon be identified as the largest source of
petroleum in the world. The discovery radically changed the physical,
human, and political geography of Saudi Arabia, the Middle East, and the
world.

Before the discovery (made by the company that would eventually

become Chevron), Saudi Arabians were largely nomadic. The country’s
economy was based on tourism revenue from observant Muslims’
pilgrimages to the holy city of Mecca. After the discovery, Saudis
established strong infrastructure dotted with wells, pipelines, refineries,
and ports. Today, oil accounts for more than 92% of the Saudi budget.

Saudi Arabia is one of the largest producers and exporters of oil in the
world. The lucrative petroleum trade fostered sophisticated diplomatic
relations between Saudi Arabia and the West, as well as Japan, China, and
Southeast Asia. Most industrialized nations depend on petroleum imports,
and critics claim this allows Saudi Arabia to have an outsized role in some
foreign policy decisions, especially those surrounding the Middle East.
 The discovery of oil also changed the demographics of the kingdom.
Today, millions of foreign workers—from the U.S., India, Pakistan,
Ethiopia, and the Middle East—live and work in Saudi Arabia.

13. Collect names of drilling, service, engineering, construction

companies in E&P industry.
This is a list of oilfield service companies – companies which provide
services to the petroleum exploration and production industry but do not
typically produce petroleum themselves. In the list, notable subsidiary
companies and divisions are listed as sub-lists of their current parent
companies.
 ABB Group Oil, Gas and Petrochemical Business Unit
 Abbot Group
 Acteon
 Aibel
 Aker Solutions
 Amec Foster Wheeler
 Baker Hughes
 Calfrac Well Services
 Canary, LLC (formerly Frontier Energy Group)
 CGG
 CH2M HILL
 Challenger LTD
 China Oilfield Services
 Clariant Oil Services
 Core Laboratories, Inc.
 Corex
 Cyntech
 Denca Services Limited
 DOF Subsea
 Engineers India Limited
 Ensco plc
 ESG Solutions
 Eurasian Drilling Company
 Expro International Group
 FairfieldNodal
 Flowserve
 Fluor Corporation
 Fugro
 Gaia Earth Sciences
 GE Oil & Gas
 GE VetcoGray
 Wellstream
 Geokinetics
 Geophysical Service
 Gibson Energy
 GK Processing www.gkprocessing.com
 Grup Servicii Petroliere
 Gyrodata
 Halliburton
 WellDynamics
 Helix Energy Solutions Group
 Hill International
 Hunting plc
 Ingrain, Inc.
 Institute of Oil Transportation
 ION Geophysical
 J&L Supply Co.
 Jacobs Engineering Group
 Key Energy Services
 Kodiak Coil Tubing
 Lamprell Energy
 Larsen & Toubro
 McDermott International
 O-Tex Pumping
 MHWirth
 MODEC
 Moody International Group
 Nabors Industries
 Nalco Champion
 National Oilwell Varco
 Oceaneering International Inc.
 Petrofac
 Petroleum Geo-Services
 PJP4
 Polarcus
 Precision Drilling
 Qserv
 Ratnam Energy Pvt Ltd
 READ Cased Hole Ltd
 Rosneft
 Таргин
 Saipem
 Schlumberger
 Cameron
 Geophysical Service
 Geoservices
 Smith International
 WesternGeco
 Scomi
 Score Group plc
 Seaboard International
 Semco Maritime
 ShawCor
 Siemens Oil & Gas Division
 Stewart & Stevenson
 Subsea_7
 Superior Energy Services
 Swire
 TAM International
 TechnipFMC
 Tecnicas Reunidas
 Tesco Corporation
 Tracerco
 Transocean
 Trican Well Service
 Trinidad Drilling
 Weatherford International
 International Logging
 Wasco Energy
 Weir Group
 Welltec
 Wood Group
 WorleyParsons
 Workover Solutions
 Xperts Oilfield Services
 Zenith Oilfield Technology
Companies connected with oilfield services:
 Teledyne
 Kongsberg
 Rolls Royce
 Wartsila
 UTEC Survey
 Metocean Services International (Pty) Ltd
 Horizon Geosciences
 Gardline
 DeepOcean