Overview of Hydrocarbon Production, Consumption, Reserves and Potential, at World and Local Scales

Hydrocarbon (oil and gas) production and consumption, along with remaining resources, are irregularly distributed across the world and within countries. Daily world hydrocarbon production, in 1999, was 72.6 million barrels of oil (mbo) and 232 billion cubic feet of gas (bcfg). Daily average production in 1999, for North America, was 14 mbo and 71.7 bcfg, and, for the United States, it was 8.1 mbo and 50.9 bcfg. North American average daily consumption for 1999 was 23.4 mbo and 71.5 bcfg. The United States produced 42 percent of the oil and 85 percent of the gas it consumed in 1999. Onshore federal lands in the United States account for 29 percent of the land area, but contribute only 5.1 percent of oil and 8.8 percent of gas produced in 1995