List of countries based on oil reserves
5 Jul 2016 But most of the country's giant and super-giant oil fields were discovered reserve base by reporting probable reserves as proved reserves. 13 Jan 2010 In 2008 the United States imported oil from 10 countries currently on the State Department's Travel Warning List, which lists countries that have Yet the United States holds less than 2 percent of the world's oil reserves. of millions of people due to increasingly frequent and severe natural disasters, 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 This is a list of countries by proven oil reserves . Roughly 40% of the country's GDP is based on oil and gas output and, since its discovery there in 1958, has enabled the UAE to become a modern state with a high standard of living. 6. Kuwait - 101,500 million barrels. While a small country in terms of land area, Kuwait holds more than a fair share of the world's petroleum oil reserves. Venezuela tops the list with 300.9 billion barrels of oil in reserve – but even this vast wealth in natural resources has not been enough to save the country from its recent economic and humanitarian crisis. Saudi Arabia, a country known for its oil dominance, takes the #2 spot with 266.5 billion barrels of oil. Proven Oil Reserves is determined through geological and engineering processes to produce an estimated value of oil stocks in the ground. Proven Oil Reserves showcases the commercially available (and theoretically recoverable) oil reserves of a given country based on its recognized reservoirs. For the purposes of the GFP ranking, oil is a highly-valued component when considering a prolonged military campaign and is used in conjunction with oil consumption and oil production values. Data
Oil reserves are an estimate based on the amount of crude oil located in a country Countries included in this list are ranked by volume of proven oil reserves.
According to current estimates, 79.4% of the world's proven oil reserves are located in OPEC Member Countries, with the bulk of OPEC oil reserves in the Middle 8 Jan 2019 United States - 39,230 million barrels. The oil reserves of the United States (US) soared to new heights in recent years due to increased usage of Data presented on this list is through 2019. Values are presented in bbl/day ( Barrels Per Day). Estimates are made when official data is not available. 5 Apr 2019 Venezuela has the largest oil reserves of any country in the world, with Saudi Arabia to top the list of countries having the largest oil reserves. However, the development of this huge reserves has taken a backseat due to
5 Jul 2016 But most of the country's giant and super-giant oil fields were discovered reserve base by reporting probable reserves as proved reserves.
Oil reserves are an estimate based on the amount of crude oil located in a country Countries included in this list are ranked by volume of proven oil reserves. RIGHT: Oil production in Middle Eastern countries according to various sources. Patterns of Reserves Distribution. The distribution of oil fields 3 Dec 2018 Despite the impressive attainment on the list, Nigeria's crude oil reserve has remained stagnant at 37 billion barrels for the past ten years due to Based on data from OPEC at the beginning of 2011 the highest proved oil reserves including See also: List of countries by proven oil reserves. bbl = barrel of 30 Apr 2019 The United States accounted for 18% of global oil production in 2018. Next came Saudi Arabia, which produced 12%, and Russia, which 1 Dec 2008 The List: The World's Largest Untapped Oil Fields. In a world running low on oil, several countries are still sitting on massive supplies. possible to extract all the oil from a field due to technological and financial constraints.
Roughly 40% of the country's GDP is based on oil and gas output and, since its discovery there in 1958, has enabled the UAE to become a modern state with a high standard of living. 6. Kuwait - 101,500 million barrels. While a small country in terms of land area, Kuwait holds more than a fair share of the world's petroleum oil reserves.
Proven Oil Reserves is determined through geological and engineering processes to produce an estimated value of oil stocks in the ground. Proven Oil Reserves showcases the commercially available (and theoretically recoverable) oil reserves of a given country based on its recognized reservoirs. For the purposes of the GFP ranking, oil is a highly-valued component when considering a prolonged military campaign and is used in conjunction with oil consumption and oil production values. Data Countries with the biggest oil reserves Venezuela. Venezuela holds the world’s largest proven oil reserves. Saudi Arabia. Saudi Arabia ranks second biggest holding 265.4 billion barrels of proven oil reserve. Canada. Canada’s proven oil reserves stand at 173.1 billion barrels, Iran. Iran This is a list of countries by natural gas proven reserves based on The World Factbook (when no citation is given). or other authoritative third-party sources (as cited). Based on data from BP, at the end of 2009, proved gas reserves were dominated by three countries: Iran, Russia, and Qatar, which together held nearly half the world's proven reserves. This is a list of countries by oil production, as compiled from the U.S. Energy Information Administration database for calendar year 2019, tabulating all countries on a comparable best-estimate basis. Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles.
List of Countries. VI. Notes and Methods. VIII. Oil - Supply and Demand. Oil - Production Quality. Reserves. 2. 46. Areas and Aggregates. 2. 46. The World Top
5 Jul 2016 Some countries report proven reserves, using conservative estimates from of global oil reserves, like the BP Statistical Review, are based on Petroleum - Petroleum - Major oil-producing countries: As mentioned above, petroleum Saudi Arabia has the second largest proven oil reserves in the world —some 268 Demystified · #WTFact · Lists · 100 Women · Saving Earth · SpaceNext 50 Africa, holds a rich resource base with multiple supergiant and giant fields. 3 May 2019 The last one on our list of countries with the largest crude oil exporters is This article is written by a GO Markets Analyst and is based on their
13 Jan 2010 In 2008 the United States imported oil from 10 countries currently on the State Department's Travel Warning List, which lists countries that have Yet the United States holds less than 2 percent of the world's oil reserves. of millions of people due to increasingly frequent and severe natural disasters, 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 This is a list of countries by proven oil reserves . Roughly 40% of the country's GDP is based on oil and gas output and, since its discovery there in 1958, has enabled the UAE to become a modern state with a high standard of living. 6. Kuwait - 101,500 million barrels. While a small country in terms of land area, Kuwait holds more than a fair share of the world's petroleum oil reserves. Venezuela tops the list with 300.9 billion barrels of oil in reserve – but even this vast wealth in natural resources has not been enough to save the country from its recent economic and humanitarian crisis. Saudi Arabia, a country known for its oil dominance, takes the #2 spot with 266.5 billion barrels of oil. Proven Oil Reserves is determined through geological and engineering processes to produce an estimated value of oil stocks in the ground. Proven Oil Reserves showcases the commercially available (and theoretically recoverable) oil reserves of a given country based on its recognized reservoirs. For the purposes of the GFP ranking, oil is a highly-valued component when considering a prolonged military campaign and is used in conjunction with oil consumption and oil production values. Data Countries with the biggest oil reserves Venezuela. Venezuela holds the world’s largest proven oil reserves. Saudi Arabia. Saudi Arabia ranks second biggest holding 265.4 billion barrels of proven oil reserve. Canada. Canada’s proven oil reserves stand at 173.1 billion barrels, Iran. Iran