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Some have proposed that the actual motive for the United States-led Western invasion of Afghanistan in 2001 was Afghanistan's importance as a conduit for oil pipelines to Afghanistan's neighbouring countries, by effectively bypassing Russian and Iranian territories, and breaking the Russian and Iranian collective monopoly on regional energy supplies. [2]
Map of countries with proven oil reserves - according to US EIA (start of 2017) Trends in proven oil reserves in top five countries, 1980–2013 (data from US Energy Information Administration) A map of world oil reserves according to OPEC, January 2014
Afghanistan has its own oil fields in the northern provinces of Sar-e Pol, Jowzjan and Faryab. [46] [47] These fields contain an estimated 1.9 billion barrels of crude oil and approximately 15 billion cubic feet of natural gas. [48] [49] Some of the oil and gas is used to produce electricity locally. [50]
The East Texas Oil Field is a large oil and gas field in east Texas. Covering 140,000 acres (57,000 ha) and parts of five counties, and having 30,340 historic and active oil wells, it is the second-largest oil field in the United States outside Alaska, and first in total volume of oil recovered since its discovery in 1930. [ 1 ]
Significant discoveries included the Embrar oil field (1942), the TXL oil field (1944), the Dollarhide oil field (1945), and the Block 31 oil field (1945). [ 35 ] : 200–201, 230–231 [ 36 ] In 1966, the production of the Permian Basin measured 600 million barrels of oil, along with 2.3 trillion cubic ft of gas, which totaled $2 billion.
U.S. energy giant Chevron expects 1 million barrels of oil equivalent per day from Kazakhstan's Tengiz oil field, which is among the world's biggest. Meanwhile, an Exxon executive downplayed hopes ...
The oil field is an accumulation of petroleum in sediment overlying a deep salt dome, one of several such fields in the Gulf of Mexico region. It was the first oil field to be found in a deep rather than a shallow salt dome, and its discovery led to the search for others like it; the finds that resulted were some of the largest oil fields in the United States. [1]
Afghanistan's significance from an energy standpoint stems from its geographical position as a transit route for oil, natural gas, and electricity exports from Central Asia to South Asia and the Arabian Sea. This potential includes the construction of the Trans-Afghanistan Pipeline gas pipeline. [8] The first Afghan oil production began in late ...