United Kingdom Oil - proved reserves

United Kingdom > Economy

Oil - proved reserves: 4.029 billion bbl (1 January 2006 est.)

YearOil - proved reservesRankPercent ChangeDate of Information
20034,741,000,00021 January 2002 est.
20044,741,000,000210.00 %1 January 2002
200525,410,000,00012435.96 %2003
20064,500,000,00024-82.29 %31 December 2004
20074,500,000,000240.00 %31 December 2004
20084,029,000,00026-10.47 %1 January 2006 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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