Table 2. Oil and Gas in the South China Sea – Comparison with other Regions
Proven Oil Reserves (Billion Barrels) | Proven Gas Reserves (Trillion Cubic Feet) | Oil Production (Barrels/Day) | Gas Production (Billion Cubic Feet) | |
Caspian Sea Region |
15.4-29.0
|
236- 337
|
1,000,000
|
2846
|
Gulf of Mexico (U.S.) |
2.7
|
29.4
|
1,014,000
|
5100
|
North Sea Region |
16.8
|
156.6
|
6,200,000
|
7981
|
Persian Gulf |
674.5
|
1718
|
19,226,000
|
5887
|
South China Sea |
7.5
|
145.5
|
1,367,000
|
2323
|
West Africa/Gulf of Guinea * |
21.5
|
126.3
|
3,137,000
|
200 (est.)
|
*Region stretching from Côte d’Ivoire (Ivory Coast) to Angola
Proved reserves as of 1/1/98; 1997 production (Gulf of Mexico reserves 1/1/97; production 1996)
Source: “South China Sea Region,” US Energy Information Administration, Country Analysis Briefs, August 1999
URL http://www.middlebury.edu/SouthChinaSea Copyright ©1999 by David Rosenberg.
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