Total proven oil reserves worldwide

Definition: The share of world oil reserves is calculated as the proven oil reserves of a country as percent of the total proven oil reserves for the world. Percent of  14 Apr 2013 Russia. Proven oil reserves: 80. Total oil supply in 2012 (thousand barrels per day): 10,397. Russia, which also holds the world's largest natural  11 Oct 2019 The Middle East holds 836.1 thousand million barrels out of the world's total proved reserves of 1729.7 thousand million barrels, according to a 

Even at current lowered crude prices of $63 per barrel, the 1.7 trillion proven reserves alone have a value of $107 trillion - versus a global real GDP of $72 trillion. And as for the assertion OPEC Share of World Crude Oil Reserves According to current estimates, 79.4% of the world's proven oil reserves are located in OPEC Member Countries, with the bulk of OPEC oil reserves in the Middle East, amounting to 64.5% of the OPEC total. World Proven Crude Oil Reserves: Cumulative production versus net additions During the period 2009-2018, OPEC Member Countries added 186.2 billion barrels to their total proven crude oil reserves, a significant addition compared to other crude oil producers. By the end of 2014, Canada had about 172.9 billion barrels of proven oil reserves, of which the most significant proportion is in the form of oil sands deposits in the province of Alberta. Furthermore, most of the country’s conventionally accessible oil reserves are to be found located in Alberta. As Total world proved oil reserves reached 1687.9 billion barrels at the end of 2013, sufficient to meet 53.3 years of global production.

World Crude Oil Proved Reserves: historical data with chart. Year, World, Change, percent Total Conventional Thermal Electricity Net Generation

Greatest Oil Reserves by Country, 2006 World total, 1,292.6. NOTES: Proved reserves are estimated with reasonable certainty to be recoverable with present  Over the period 1990 to 2001, the world total oil reserves collated by the Oil and In 1977, world natural gas reserves were 66 trillion cubic metres equivalent. 14 May 2019 The company produces approximately 7% of the world's total crude oil, with proven reserves of about 111BBOe. At the end of 2018, KPC  11 Jun 2019 BP said Saudi Arabia's proved oil reserves were revised to 297.7 billion BP also said oil reserves for the United States, which became the world's top Overall, global reserves were little changed at 1,729.7 billion barrels,  3 May 2019 total crude oil exports in the world. The middle eastern country is highly reliant on its oil exports and its proven oil reserves amount to around  30 Oct 2008 Total world reserves are estimated by US EIA (Energy Information Administration) at a low 1,143, an intermediate 1,238 and a high 1,332 billion 

Chart and table showing yearly reserves of crude oil by country (World). Crude Oil Proven Reserves Definition: Oil reserves are the amount of technically The total estimated amount of oil in an oil reservoir, including both producible and 

established oil reserves stood at 168.1 billion barrels. largest proven oil reserves in the world. Some other facts give us a more complete picture of the.

established oil reserves stood at 168.1 billion barrels. largest proven oil reserves in the world. Some other facts give us a more complete picture of the.

Proven Oil Reserves 1700 Billion Barrels at end 2014 The total amount of oil left to be discovered around the world is 565 billion barrels, the USGS estimated. Proved undeveloped oil and gas reserves are reserves that are expected to be 1980, represent nearly 10 percent of the world total.1 At high pre-revolution  25 Jun 2015 Today, the world is swimming in oil, and prices have been sliced in half over The 1P estimate is an estimate of proven reserves, what is likely to be And beyond just crude oil, which is about 83% of total supply, there is a 

Total oil reserves are estimated to be around 1,800 to 2,200 billion barrels, with about 1,700 billion barrels considered proven reserves. Under such 

Proved undeveloped oil and gas reserves are reserves that are expected to be 1980, represent nearly 10 percent of the world total.1 At high pre-revolution 

30 Oct 2008 Total world reserves are estimated by US EIA (Energy Information Administration) at a low 1,143, an intermediate 1,238 and a high 1,332 billion  16 Sep 2017 Possessing over 298 billion barrels of proven oil reserves, small country, it is home to an impressive share of the world's total oil reserves. World Crude Oil Proved Reserves: historical data with chart. Year, World, Change, percent Total Conventional Thermal Electricity Net Generation