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
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 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 ...
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 ...
Oil reserves in selected countries 1990-2015
www.statista.com - 11/23/2016 8:53:03 AM
Global oil reserves - share of leading countries 2015 Global oil reserves - share of ... reserves 2009-2015 OPEC - share of global crude oil reserves 2009-2015 World oil industry: proved oil reserves by leading companies 2013 World oil industry: proved ...
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 ...
7 Oil Stocks With the Largest Reserves
The Motley Fool - 4/11/2015 8:53:37 AM
as the world's seven largest oil companies not controlled by a country hold only 50 billion barrels of proved oil reserves. So, while these might be the world's big oil giants, they are really small potatoes on the global scene. That being said ...
How Mexico’s oil reform will be a big game changer
theindianeconomist.com - 12/10/2016 1:37:42 AM
When a massive country ... to have 3P reserves of 480 million barrels of oil equivalent, and it covers 1,250 square kilometers just south of the US-Mexico maritime border. This is one of the most intense exploration areas in the world right now, and ...
With Election Defeat, Ghana’s President Becomes Casualty of Faltering Economy
New York Times - 12/9/2016 10:38:45 PM
Mr. Akufo-Addo, a lawyer and former foreign minister, rode a wave of popular discontent at a time when the growth rate has plummeted along with oil and commodity prices. The West African country ... of those economic woes proved an insurmountable hurdle ...
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 ...
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 ...
BP Says World's Proved Oil Reserves Fell in 2008
Oil Voice - 6/9/2009 11:57:09 PM
In a climate of unprecedented turbulence, global energy markets followed the same extreme pattern as the world economy in general during ... The Review reports remaining proved oil reserves of 1,258 billion barrels, excluding Canadian oil sands - enough ...
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 ...
Venezuela oil price rises above $40
customstoday.com.pk - 12/5/2016 12:27:53 PM
... is the main export of Venezuela and provides most of the country’s foreign currency. As of 2015, Venezuela had nearly 298 billion barrels of proved oil reserves — the largest in the world. The next largest proved oil reserves are in Saudi Arabia ...
Venezuela Energy Profile: Holds Some Of World’s Largest Oil And Natural Gas Proved Reserves – Analysis
Eurasia Review - 11/30/2015 4:45:55 AM
Venezuela is one of the world ... oil reserves are located in its Orinoco heavy oil belt, which has 220.5 billion barrels in proved oil reserves. Venezuela nationalized its oil industry in the 1970s, creating Petroleos de Venezuela S.A. (PDVSA), the ...
BP: World oil and gas reserves still growing at healthy pace
resilience.org - 6/19/2004 11:56:12 PM
WASHINGTON, DC, June 21 -- BP PLC tried recently to quell renewed concerns by some industry observers that world oil reserves ... for determining proved reserves, nor does it necessarily represent BP's view of proved reserves by country.