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Nebraska's Proven Crude Oil Reserves

The estimated quantity of crude oil which geological and engineering data demonstrate with a given probability to be recoverable in the future assuming current costs of operation and market prices are proven reserves. Nebraska's reserves are given for 1960 to 2011 in the table below. Proven reserves peaked in 1961 at 100 million barrels.

Proven Crude Oil Reserves in Nebraska, 1960 – 2011

(Million Barrels as of December 31)

Year Reserves
1960 86
1961 100
1962 94
1963 84
1964 71
1965 71
1966 57
1967 63
1968 55
1969 47
Year Reserves
1970 41
1971 36
1972 31
1973 28
1974 27
1975 28
1976 31
1977 22
1978 30
1979 25
Year Reserves
1980 46
1981 41
1982 32
1983 44
1984 46
1985 42
1986 45
1987 33
1988 42
1989 32
Year Reserves
1990 26
1991 26
1992 26
1993 20
1994 22
1995 25
1996 28
1997 21
1998 18
1999 17
Year Reserves
2000 18
2001 15a
2002 18
2003 16
2004 15
2005 16
2006 14
2007 12
2008 8
2009 9
Year Reserves
2010 10
2011 14
2012 NA
2013 NA
2014 NA
2015 NA
2016 NA
2017 NA
2018 NA
2019 NA

Sources: U.S. Crude Oil, Natural Gas, and Natural Gas Liquids Reserves. Energy Information Administration, Washington, DC. Nebraska Energy Office, Lincoln, NE.

Note: aThe estimate is less accurate than previous years' estimates, because the level of information is inadequate.

This table was updated on September 17, 2013. Typically, there is one year between updates.