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, 2014See also: Oil - proved reserves map
The World’s Largest Oil Reserves By Country
worldatlas.com - 9/18/2016 11:54:31 PM
we have profiled countries with the highest oil reserves in the world. These are the countries whose proven oil reserves are in the top 10 globally. U.S. oil reserves soared to new heights in recent years due to increased usage of unconventional drilling ...
Table 1 : world proved oil reserves by country as of
www.coursehero.com - 12/31/2005 11:57:47 PM
This is the end of the preview. Sign up to access the rest of the document. Unformatted text preview: Table 1 : World Proved Oil Reserves by Country as of January 1, 2006 (billion barrels) Country Oil Reserves Saudi Arabia 264.3 Canada 178.8 Iran 132.5 ...
World Proved Oil Reserves, Fact Or Fiction
Seeking Alpha - 12/8/2014 3:38:22 PM
The EIA publishes annually a list of World ... reserves the country possesses. Even the U.S. has gotten in on the act, 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 ...
30 countries with highest proven oil reserves
Rediff India Abroad - 3/1/2012 8:26:28 AM
We present here a list of countries with highest proven oil reserves ... 10 oil-producing nations in the world. 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 ...
World Proved Oil Reserves Data A Work Of Fiction
Oil Price - 12/9/2014 5:07:16 AM
The EIA publishes Annually a list of World ... reserves 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 ...
Oil reserves - share held by leading countries 2010-2015
www.statista.com - 9/24/2016 5:53:40 AM
Gazprom's of crude oil reserves in Russia by region 2013-2015 Gazprom's of crude oil reserves in Russia by region 2013-2015 Oil industry: proved U.S. oil reserves ... Oil reserves in Europe and Eurasia Countries with the largest proportion of subsea ...
Venezuela's Oil Reserves Are Probably Vastly Overstated
Forbes - 7/1/2016 12:35:07 PM
By 2010 the country’s proved reserves reached 297 billion barrels, leaping over Saudi Arabia to become the country with the world’s largest crude oil reserves. Was this massive increase in its proved reserves a result of huge new oil discoveries in ...
4 reasons OPEC will struggle to boost oil prices
CNN Money - 9/26/2016 10:37:37 AM
The country has stated clearly that it wants to reclaim its place as one of the ... have proved to be unfounded," wrote Tom Pugh, commodities economist at Capital Economics. 4. How do you fine tune a global market? Even if the big oil producers somehow ...
Venezuela Passes Saudis to Hold World’s Biggest Oil Reserves
Bloomberg - 6/14/2012 3:18:49 PM
Venezuela surpassed Saudi Arabia to become the world’s largest holder of proven oil reserves, a resource that President Hugo Chavez promises to tap if he gets re-elected in October. The South American country’s deposits were at 296.5 billion barrels at ...
The World’s Top 10 Oil Companies
24/7 Wall ST - 12/15/2014 10:50:54 AM
On the supply side, North American shale oil ... country’s governments. Company data were gathered from S&P Capital IQ. Reserves and production figures do not include natural gas or non-oil liquids. Here are the top 10 oil companies in the world based on ...
Top Ten Oil Reserves Countries
mapsofworld.com - 12/31/2014 11:53:39 PM
Going by the latest data, Venezuela is the country with highest reserve of crude oil in the world. This South American nation has ... It is at the third position with 171 billion barrels of proved reserve. Iran and Iraq rank 4th and 5th respectively.
Oil reserves and resources as function of oil price
peakoil.com - 8/29/2016 7:39:04 PM
nor does it necessarily represent BP’s view of proved reserves by country” Source of data: “Primary official sources, third-party data from the OPEC Secretariat, World Oil, Oil & Gas Journal and an independent estimate of Russian reserves based on ...
Global proven oil reserves increase by 33% over two decades
alethonews.wordpress.com - 6/10/2010 11:59:45 PM
Those countries now officially include Venezuela. BP has set at 56.6% its estimate of the proportion of the world’s proved oil reserves that are located in the Middle East. That is down from 65.7% in 1989. Despite the region’s diminished standing as a ...
Top 10 Countries With The World’s Biggest Oil Reserves
gulfbusiness.com - 4/13/2013 11:59:57 PM
... 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 oil reserves. Total oil supply in 2012 (thousand barrels per day): 3,538.4 International sancti ...
OPEC Accounts for Most of the World’s Crude Oil Reserves
Market Realist - 12/7/2015 7:22:16 AM
BP’s (BP) statistical review shows that OPEC (Organization of the Petroleum Exporting Countries) accounts for 71.6% of the world’s total proved crude oil reserves. OPEC countries have around 1,216 billion barrels of crude oil reserve. Saudi Arabia ...