More on petroleum resources and reserves

Introduction

In today’s column, I start with a very brief summary of Rystad Energy’s recent global data on   petroleum reserves self-generated by the firm, based on its own reporting of the firm’s independent estimation of global holdings of petroleum reserves. This is followed by Rystad Energy reporting on Guyana.

Afterwards, in a later column, I shall focus on reporting the status of Guyana’s reserves. In this case I shall introduce readers to my personal efforts at estimating this figure.