U.S. Crude Oil and Natural Gas Proved Reserves, Year-end 2017

by U.S. Energy Information Administration, November 2018

Stronger oil and natural gas prices combined with continuing development of shales and low permeability formations drove producers of crude oil and natural gas in the United States to report new all-time record levels of proved reserves for both fuels in 2017. Total U.S. oil reserves in 2017 exceeded a brief, one-year, 47-year-old record, highlighting the importance of crude oil development in shales and low permeability plays, mainly in the Southwest. The new record for natural gas extends a longer-term trend of development, mainly in shale plays in the Northeast. Both U.S. proved reserves of crude oil and natural gas are approximately double their levels from a decade ago. These new proved reserves records were established in 2017 despite production of crude oil at levels not seen since 1972, and record natural gas production.

Highlights are listed below.

Thriving reef fisheries continue to provide food despite coral bleaching

by Lancaster University, November 29, 2018 in ScienceDaily/Nature

The unexpected results of a 20-year study into reef fisheries published in the journal Nature Ecology and Evolution this week showed fisheries being maintained despite extreme coral bleaching. Remarkably, rapid proliferation of fishes with low dependence on corals led to catches remaining stable or even increasing.

But the results also showed fishing success was ‘patchy’ and more dependent on fewer species.

Around six million people fish on coral reefs. Each year their catch — estimated to be between 1.4 and 4.2 million tonnes — provides a critical source of food and income for many millions more.