European Union Oil - proved reserves

European Union > Economy

Oil - proved reserves: 6.146 billion bbl (1 January 2008)

YearOil - proved reservesRankPercent ChangeDate of Information
20047,467,000,000-1 1 January 2002
200528,210,000,000-1277.80 %1 January 2002
20067,294,000,000-1-74.14 %1 January 2002
20077,417,000,000-11.69 %1 January 2002
20086,144,000,000-1-17.16 %1 January 2008
20096,146,000,000-10.03 %1 January 2008

Definition: This entry is the stock of proved reserves of crude oil in barrels (bbl). Proved reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.

Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of September 17, 2009

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