Material Insights · Understanding the Material World

Conventional oil and gas production: Overview

Wells on land and at sea that fuel half the world

What this tile covers Wells on land and at sea that bring oil and gas to the surface. Share of use 50% share of world energy supply (2024)

Share of world total energy supply captured or extracted by each method, 2024 (latest year where noted). Denominator is the Energy Institute Statistical Review 2025 total of 592.2 EJ (physical energy content method); electricity from wind, solar, hydro and geothermal is counted at output, nuclear at reactor heat. Heat and biomass flows outside EI's total are set against the same 592.2 EJ. Oil 199.05 EJ plus gas 148.60 EJ minus the unconventional estimate (52.5 EJ) = 295.1 EJ of 592.2 EJ (calculated). Likely somewhat high because non-North American shale and tight output is not removed. Source: Statistical Review of World Energy 2025 (74th edition), Energy Institute.

Key facts

OutputLiquid and gaseous fuel
ChainStored chemical → mechanical (pumps, compressors) → transported chemical

Included from the reference tables

  • Conventional wells
  • Offshore platforms
  • Deepwater rigs

Linked to the material world

Oil Crude oilGas Natural gas

Also in Fossil and nuclear

CM Coal miningUOG Unconventional oil and gasNFR Nuclear fission reactors

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