In 2008, the global oil reserves had kept going up slowly, up by 0.8% to 183.864 million tons compared with 2007. The natural gas reserves had held the line of 175.16 trillion cubic meters for successive two years and increased by 1.11% to 177.11 trillion cubic meters in 2008. The growth of global oil and gas reserves mainly attributed to that OPEC had improved the reserve evaluation on Libya and Republic of Venezuela.

 

From the part of the regions, the oil and natural gas reserves in the west hemisphere grew rapidly, up by 3.59% and 5.58% respectively. The oil and natural gas reserves in Republic of Venezuela sustained fast growth trend, increased by 14.18% and 2.80% respectively. The oil reserve growth in Republic of Venezuela was from ultra heavy oil. According to the statistics from PDVSA, the oil reserves reached to 13.613 billion tons by the end of 2008 in Republic of Venezuela, including 7.969 billion tons of ultra heavy oil, exceeding 1.685 billion tons compared with the estimation in 2007.

 

The oil reserves in West Europe reduced sharply by 10.5% in 2007 and successively down by 4.6% in 2008 as well as the natural gas down by 4.9% in 2007 and 1.9% in 2008. The oil and gas reserves in Denmark, France, Germany and Great Britain cut down rapidly.

 

The oil reserves in Asia Pacific decreased by 1% but up by 3.62% of the gas reserves. The yields in Indonesia dropped and it had planned to withdraw from OPEC in January, 2009.

 

The oil reserves in Middle East slightly turned down by 0.31% and the natural gas reserves up by 1.68%. OPEC increased the natural gas reserves in Iran by 4.58% and decreased the oil reserves by 1.63%.

 

The oil and gas reserves in Africa grew a bit, and the oil reserves in Libya were rose by 5.3%.

 

So far, there have been about 20 oil-producing countries in Africa, the yields of Nigeria, Algeria, Angola, Egypt and Libya accounting for 85% of the total oil yields in Africa. By 2010, the proportion of the African oil yields in the total oil yields in the world will enhance from 11% in 2007 to 20%.

 

The oil in Africa, accounting for 7% of the proved oil reserves in the world, cannot substitute the crude oil in Middle East, but there is huge oil exploitation potential in Africa. Africa regions not only have abundant proved unexploited oil and gas resources but also have the huge potential of the discovery of world new oil and gas fields. 

 

In the process of economic globalization, Africa endeavors to perfect the investment environment and has obtained obvious achievements in the field of importing foreign capital in the oil exploitation. The global large oil enterprises are speeding up the oil and gas resource exploitation in Africa and further global cooperation has been made in African oil walks, the oil exploration on land and offshore is further developed and the proved reserves are increased gradually. The oil yields in Africa have step into fast growth phase.  

 

The oil exploration, exploitation and investment were increased sharply and obtained substantial benefits in Africa oil concentrated regions, including North African oil-producing areas, Guinea Gulf oil-producing areas in West Africa, East Africa, South Africa, Horn of Africa and hinterlands of Africa.  

 

At present, Chinese proved oil resources are about 42% and 58% of exploitative oil resources need proving. According to the global general division standard, the prove degree between 30 to 60 percent belongs to the development period of high deposits. Therefore, there is huge oil exploration potential in China. The proved natural gas deposits in China reach to 2.6 trillion cubic meters with substantial exploitative deposits. According to the global general standard, it is predicted that the exploitative deposits will reach to 7 to 10 trillion cubic meters and can be exploited for 90 years and China belongs to the abundant resource country in the world. There exists huge potential for the natural gas exploitation.  

 

In the early 1990s, under the driving forces of the economic globalization and the deficiency of domestic oil resources, Chinese oil industry began to take road of developing overseas investment and developing the oil resources abroad. With more than 10-year development, China has established many oil exploitation bases in Africa and South America etc.  

 

More following Information can be obtained in this report:

- Present Situations of Global and Chinese Oil and Gas Exploration Industry

- Factors Affecting the Development of Global and Chinese Oil and Gas Exploration Industry

- Variation Trends of Global Oil and Gas Reserves

- Government Policies of Chinese Oil and Gas Exploration Industry

- Overseas Investment Distribution of Chinese Oil Enterprises

- Influences of Global Financial Crisis on Global and Chinese Oil and Gas Exploration Industry

- Development Trends of Global and Chinese Oil and Gas Exploration Industry

 

1 Overview on the Global Oil and Gas Exploration Industry, 2008-2009

1.1 Related Concepts of the Oil and Gas Exploration Industry 

1.1.1 Related Concepts of the Oil Exploration Industry

1.1.2 Related Concepts of the Gas Exploration Industry

1.2 Supplies & Demands and Resource Potentials of Global Oil and Gas

1.2.1 Supply & Demand Trends

1.2.2 Resource Potentials

1.2.3 Prediction on the Supply & Demand

1.3 Resource Distribution of Global Oil and Gas  

1.3.1 Resource Distribution of the Oil

1.3.2 Resource Distribution of the Gas

1.4 Present Exploration Situation of Global Oil and Gas

1.4.1 Present Exploration Situation of Global Oil

1.4.2 Present Exploration Situation of Global Gas

1.5 Analysis on Global Proved Oil Reserves and the Oil-producing Wells

1.5.1 Asia Pacific

1.5.2 Middle East

1.5.3 Africa

1.5.4 East Europe and Union of Soviet Socialist Republics

1.5.5 West Europe

1.5.6 South America

1.5.7 North America

 

2 Policies of the Global Oil and Gas Industry, 2008-2009

2.1 Policies of the Gas Industry in Various Countries

2.1.1 Policies of Russian Gas Industry

2.1.2 Policies of American Gas Industry

2.2 Policies of the Oil Exploration Industry in Various Countries

2.3 Policies of Chinese Oil and Gas Exploration Industry

2.3.1 Overview on Major Chinese Oil and Gas Exploration Policies

2.3.2 Reform of Chinese Oil Systems

2.3.3 Policies of Strengthening Oil and Gas Exploration

2.3.4 Entry Limitations of Chinese Offshore Oil Exploration Market  

2.3.5 Other Related Policies

 

3 Analyses and Prediction on the Operations of Global Oil Market, 2008-2009

3.1 Analysis on the Global Oil Market, 2008

3.2 Analysis on the Global Oil Market in Partial Regions, 2008

3.3 Analysis on the Imports and Exports of Global Oil Market, 2008

3.4 Perspectives of Global Oil Market, 2009

 

4 Analyses and Prediction on the Operations of Global Gas Market, 2008-2009

4.1 Analysis on the Global Gas Market, 2008

4.2 Analysis on the Global Gas Market in Partial Regions, 2008

4.3 Analysis on the Imports and Exports of Global Gas Market, 2008

4.4 Perspectives of Global Gas Market, 2009  

 

5 Development Trends of Global Oil and Gas Exploration Industry, 2008-2008

5.1 Situation of the Land Oil Exploration in the World, 2008

5.2 Situation of the Offshore Oil and Gas Exploration, 2008

5.2.1 Productions of the Offshore Oil and Gas

5.2.2 Situation of the Deep-sea Oil and Gas Exploration, 2008

5.2.3 Productions of Global Offshore Oil and Gas in Different Regions, 2008

5.3 Overview on the Oil and Gas Exploration in the Major Countries and Regions, 2008-2009

5.3.1 North America

5.3.2 Asia Pacific  

5.3.3 Middle East

5.3.4 Africa

5.3.5 Latin America

5.3.6 South and North Poles

5.4 Comparisons of the Oil and Gas Exploration Costs in the Major Countries

5.5 Prediction on the Trends of Global Oil and Gas Exploration Industry, 2009

 

6 Operations of Chinese Oil Exploration Industry, 2008-2009

6.1 Development Potential and Overview on Chinese Oil Resources, 2008

6.1.1 Supplies and Demands, 2008

6.1.2 Consumption Trends, 2009-2010

6.1.3 Development Potential

6.2 Development of Chinese Oil Exploration Industry, 2008

6.2.1 Overview

6.2.2 Important Discoveries

6.2.3 Huge Exploration Potential in the Major Oil and Gas Basin

6. 3 Scales and Structures of Chinese Crude Oil Exploration Industry, 2008-2009

6.4 Regional Structures of Chinese Crude Oil Exploration Industry, 2009

6.5 Development Strategies of Chinese Crude Oil Exploration Industry, 2009-2010

6.6 Development Trends of Chinese Crude Oil Exploration Industry, 2009-2010

 

7 Developments of Chinese Offshore Oil and Gas Exploration Industry, 2008-2009

7.1 Overview on Chinese Offshore Oil and Gas Exploration Industry

7.2 Environments of Chinese Offshore Oil and Gas Exploration Industry

7.2.1 Influences of the Present Policies on the Development of the Crude Oil Exploration Industry  

7.2.2 Factors Affecting the Development of the Crude Oil Exploration Industry, 2008-2009 

 

8 Technology Trends of Chinese Oil and Gas Exploration Industry, 2008-2009

8.1 Development Trends of Chinese Oil and Gas Exploration Industry

8.2 Development Trends of the Offshore Exploration Technologies Chinese Oil and Gas Industry

8.3 Research on Chinese Crucial Well Logging Technologies, 2008-2010  

8.3.1 Continuous Pipe Well Logging Technology

8.3.2 Nuclear Magnetic Resonance Well Logging Technology

8.3.3 New Well Logging Technologies  

 

9 Productions of the Oil Exploration Equipments, 2008-2010

9.1 Overview on the Operations of the Drilling Equipment Industry

9.1.1 Analysis on the Market  

9.1.2 Key Development Points

9.1.3 Imports

9.1.4 Development Trends

9.2 Development of Chinese Offshore Oil Drilling Equipments

9.2.1 Offshore Oil Drilling Equipments

9.2.2 Gathering and Transmission Equipments

9.2.3 Offshore Exploitation Equipments

 

10 Major Enterprises of Global and Chinese Oil and Gas Industry

10.1 Exxon Mobil Corporation

10.1.1 Company Profiles

10.1.2 Operations

10.1.3 Investments in China

10.1.4 Development Strategies

10.2 British Petroleum

10.2.1 Company Profiles

10.2.2 Operations

10.2.3 Investments in China

10.2.4 Development Strategies

10.3 Royal Dutch Shell

10.4 Conoco Global Petroleum Limited U.S.A

10.5 Chevron Corporation.

10.6 Total Corporation

10.7 Gazprom

10.8 Petro China Company Limited

10.8.1 Company Profiles

10.8.2 Operations

10.8.3 Overseas Distribution

10.8.4 Development Strategies

10.9 China Petroleum and Chemical Corporation

10.9.1 Company Profiles

10.9.2 Operations

10.9.3 Overseas Distribution

10.9.4 Development Strategies

10.10 China Offshore Oil Corp.

10.10.1 Company Profiles

10.10.2 Operations

10.10.3 Overseas Distribution

10.10.4 Development Strategies

 

11 Predictions on the Supplies and Demands of Global and Chinese Oil Market

11.1 Perspectives of Chinese Oil Supplies and Demands, 2009-2010

11.1.1 Prediction on the Supplies

11.1.2 Prediction on the Demands

11.1.3 Prediction on the Imports and Exports

11.2 Perspectives of Global Energy and Oil Market

11.2.1 Prediction on the Energy Consumption

11.2.2 Prediction on the Global Oil Market

11.3 Influences of Global Financial Crisis on Chinese Oil Exploration Industry

 

12 Investments and Development of Global and Chinese Oil and Gas Exploration Industry, 2009-2010

12.1 Trends of Global Oil and Gas Exploration Industry, 2009-2010

12.1.1 Influences of Global Financial Crisis

12.1.1 Analysis on the Oil Price Fluctuation

12.2 Investment Opportunities of Global Oil and Gas Exploration Industry, 2009-2010

12.3 Investment Opportunities of Chinese Oil and Gas Exploration Industry, 2009-2010

12.3.1 Analysis on the Investment of Domestic Oil and Gas Exploration

12.3.2 Analysis on the Overseas Oil and Gas Projects of Chinese Enterprises

 

Chart 20 Import Sources of Chinese Crude Oil, 2008

Chart Global Oil Reserves

Chart Global Oil Resource Distribution Map

Chart Global Gas Resource Distribution Map

Chart Variation Trends of Global Oil Reserves, 1991-2008

Chart Yield Ratio of Global Offshore Oil and Gas

Chart Well Drilling Workload of China Petroleum and Chemical Corporation  

Chart Oil Exploration Workload of China Petroleum and Chemical Corporation

Chart Yields of the Crude Oil in China, 2004-2008

Chart Import Volumes of the Crude Oil in China, 2004-2008

Chart Oil Exploration and Exploitation of China Petroleum and Chemical Corporation, 2004-2008

Chart Large Projects in Process of China Petroleum and Chemical Corporation, 2009-2010

Chart Operations of China Petroleum and Chemical Corporation, 2004-2008

Chart Operations of Petro China Company Limited, 2004-2008

Chart Crude Oil Reserves and Yields of Chinese Three Biggest Oil Companies, 2004-2008

Chart Distributions of Global Left Oil and Undiscovered Oil Resources

Chart Estimated Accumulative Interest Oil Yields of Global Oil Companies in Africa

Chart Exploration Area Ranks of Global Oil Companies in Africa