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 January 1, 2012See also: Oil - proved reserves map
The Countries With The World’s Largest Crude Oil Reserves
Live Trading News - 4/21/2015 11:58:01 PM
... barrels per day): 3,854.4 Canada’s Oil sands are a significant contributor to the recent growth in the world’s liquid fuel supply and comprise the vast majority of the country’s proven petroleum reserves. Total Oil supply in Y 2012 (thousand ...
The 17 Countries Sitting On The Most Valuable Energy Reserves
The Business Insider - 2/13/2014 11:51:58 AM
Saudi Arabia has nearly one fifth of the world’s proven oil reserves, in addition to being the largest producer and exporter of petroleum. Its largest oil field, the giant Ghawar field, has more proven oil reserves than all but seven countries.
Top 10 Countries by Proved Natural Gas Reserves (and Their Production Rates)
explorationworld.com - 9/14/2014 11:52:53 PM
which accounts for about 17 percent of the world’s total proved reserves, according to the EIA. The country’s natural gas sector has taken a substantial hit in recent years (though not quite as significant as crude oil) as international sanctions ...
World Proved Oil Reserves Data A Work Of Fiction
Oil Price - 12/9/2014 11:08:10 PM
The EIA publishes Annually a list of World ... the country possesses. Even the US has gotten in on the act, adding 11.5 billion barrels of proved reserves since 2009. They did not report US 2014 reserves. Most of this increase is light tight oil reserves ...
World Proved Oil Reserves, Fact Or Fiction
Seeking Alpha - 12/8/2014 3:38:22 PM
The EIA publishes annually a list of World Proved Reserves ... adding 11.5 billion barrels of proved reserves since 2009. They did not report U.S. 2014 reserves. Most of this increase is light tight oil reserves, but some reserves have been added to ...
30 countries with highest proven oil reserves
Rediff India Abroad - 2/29/2012 11:58:14 PM
And proven oil reserves are those that claim to have a reasonable ... Oil and gas have made Qatar one of the highest per-capita income countries, and one of the world's fastest growing. Qatar's proved reserves of natural gas are nearly 26 trillion cubic ...
Top 10 Countries With The World’s Biggest Oil Reserves
gulfbusiness.com - 4/13/2013 11:59:57 PM
countries, it stated. However, OPEC nations continue to overshadow the world in terms of reserves, holding more than 80 per cent of the world’s proven oil reserves, according to current estimates. The bulk of OPEC oil reserves – 66 per cent – are in ...
Latin America Drilling and Completion Fluids Market by Type, By Application, By Countries - Regional Trend & Forecast to 2019
The Business Journal - 4/22/2015 4:11:33 PM
Latin American countries such as Venezuela and Brazil are a part of the Golden Triangle, wherein the offshore drilling activities are progressing at a rapid pace. The large amount of proved reserves in ... respect to type into oil-based fluids, water ...
Iran's dependence on oil hitting record low: President Hassan Rouhani
Economic Times - 4/25/2015 9:55:45 AM
The Iranian president noted that his administration also managed to increase the budget for the country's development over the past two years. Iran holds the world's fourth-largest proven crude oil reserves and the second-largest natural gas reserves.
Iran: Foreigners want to invest in oil sector
Press TV - 4/25/2015 8:37:01 AM
Meanwhile, Mahdi Assali, Mehdi Asali Iran’s OPEC national representative said the country will retake its share ... Iran holds the world's fourth-largest proven crude oil reserves and the second-largest natural gas reserves. Iran’s total in-place ...
Oil Country Tubular Goods Market (OCTG) Global 2017 Forecasts Now Available at MarketReportsOnline.com
Yahoo Finance - 4/23/2015 9:32:29 PM
Photo - http://photos.prnewswire.com/prnh/20150423/201186 Oil country tubular goods market (OCTG ... Fuelled by the world's third largest proven conventional gas reserves, Qatar has positioned itself as the leading global exporter of liquefied natural ...
Iran’s dependence on oil hitting record low: Rouhani
Daijiworld - 4/25/2015 10:31:33 AM
The Iranian president noted that his administration also managed to increase the budget for the country’s development over the past two years. Iran holds the world's fourth-largest proven crude oil reserves and the second-largest natural gas reserves.
In underground rock caverns, tanks, India builds oil reserves
Sify - 4/23/2015 9:22:20 AM
... net oil imports. USA holds 95 MMT of strategic reserves, the highest by any country in the world. Japan, which like India is dependent on imported oil, has the second highest reserves with 44 MMT (These reserves exclude commercial storage of crude oil).
The World’s Top 10 Oil Companies
24/7 Wall ST - 12/15/2014 10:50:54 AM
Of the top 10 countries holding portions of those reserves ... What follows is a look at the top 10 oil companies in the world based on proved reserves. Proved reserves, by definition, are those that have a “reasonable certainty” of being extracted ...
Qatar Oil and Gas Market Report Q2 2015
solarplaza.com - 4/23/2015 7:06:20 AM
Fuelled by the world's third largest proven conventional gas ... and petrochemical sectors. The country is growing the international presence of Qatar Petroleum International to offset slowing growth in domestic oil and gas projects, given the absence ...