New oil discoveries

Our analysis shows that discoveries of new oil resources fell to another record low in 2017, with less than 4 billion barrels of crude, condensate and NGLs found.

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APA

International Energy Agency. (2017). Market Report Series: Oil 2018. Retrieved September 15, 2026, from https://www.iea.org/reports/oil-2018. Via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE07

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MLA

International Energy Agency. "Market Report Series: Oil 2018." 2017, https://www.iea.org/reports/oil-2018. Accessed 15 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE07.

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Chicago

International Energy Agency. "Market Report Series: Oil 2018." 2017. https://www.iea.org/reports/oil-2018. Accessed September 15, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE07.

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BibTeX

@misc{iea2017discoveriesgwge07, author = {{International Energy Agency}}, title = {Market Report Series: Oil 2018}, year = {2017}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE07}, note = {Original source: https://www.iea.org/reports/oil-2018. Accessed September 15, 2026.} }

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Everything needed to check this number yourself, without taking our word for it.

Record last modified 15 September 2026. Value type: estimate. Update cadence: annual. This page is permanently addressable at statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE07.