Proved Reserves 1/1/99

Oil: 165 billion barrels (16% of the world total)
Natural Gas: 514 trillion cubic feet (10% of the world total)

Production (1997)

Crude Oil: 17.8 million barrels per day
Natural Gas: 28.9 trillion cubic feet

Major Americas-based Oil/Gas Companies
(1997 Liquids Production)

Million Barrels Per Day

Type

Petroleos Mexicanos (Pemex)
Petroleos de Venezuela (PdVSA)
Exxon
Chevron
Mobil
Texaco
Petroleo Brasileiro (Petrobras)
Arco
Amoco

3.4
3.2
1.6
1.1
0.9
0.9
0.8
0.6
0.6

State
State
Private
Private
Private
Private
State
Private
Private

Major Oil Producers
(1998 Production)

United States
Venezuela
Mexico
Canada
TOTAL FOR 4 LARGEST COUNTRIES

6.2
3.2
3.1
2.0
14.5

35% of Americas
18%
17%
11%
82%

Refining Capacity (1/1/99)

Total Americas (257 plants)

25.8

32% of world total

Major Refining Countries

Million Barrels Per Day

% of Americas

            United States
Capacity as of 1/1/99:    Canada
            Brazil
            Mexico
            Venezuela
            Argentina
            Virgin Islands

16.4
1.9
1.8
1.5
1.2
0.7
0.5

63.6%
7.4%
7.0
5.8%
4.7%
2.7%
1.9%