Iraq Oil - proved reserves

Iraq > Economy

Oil - proved reserves: 115 billion bbl (1 January 2007 est.)

YearOil - proved reservesRankPercent ChangeDate of Information
2003113,800,000,0002 January 2002 est.
2004113,800,000,00020.00 %1 January 2002
2005112,500,000,0004-1.14 %2004 est.
2006112,500,000,00040.00 %2005 est.
2007112,500,000,00040.00 %2006 est.
2008115,000,000,00042.22 %1 January 2007 est.

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 May 16, 2008

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