List of countries by proven oil reserves

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A map of world oil reserves, 2010.

This is a list of countries by proven oil reserves.

Contents

Methodology

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.

Note that some statistics on this page are disputed and controversial. Different sources (OPEC, CIA World Factbook, oil companies) give different figures and there are different types of oil, ranging from cheap and easy to recover oils to shale oil or oil sands, which are very expensive and difficult to recover. Canada includes in their proven reserves the oil sands of Alberta, Venezuela has started in 2011 to include the heavy oils of Orinoco. The USA have not included in their statistics their shale oil, but it is believed that those reserves are relevant, with exclusion of the Green River Formation in Colorado.

Even if this changes according to the source, it is estimated that at least 70% of the proven oil reserves are currently held by OPEC countries.

Countries

Country Reserves (MMbbl)
 OPEC 1,112,448 - 1,199,707
01  Venezuela 297,571
02  Saudi Arabia 265,405
03  Canada 173,625 - 175,200
04  Iran 151,167 - 154,580
05  Iraq 143,000 - 147,000
06  Kuwait 103,998 - 111,500
07  United Arab Emirates 97,800
08  Russia 60,003 - 116,000
09  Libya 47,102 - 48,014
10  Kazakhstan 30,002 - 39,800
11  Nigeria 37,200
12  Qatar 25,382
13  United States 20,682
14  China 20,350
15  Brazil 13,986
16  Mexico 13,800
17  Algeria 12,200
18  Angola 10,470
19  India 9,043
20  Ecuador 8,235
21  Azerbaijan 7,000
22  Norway 5,321 - 6,700
23  Sudan 6,700
 European Union 6,700
24  Malaysia 5,800
25  Oman 5,500
26  Ghana 5,000
27  Egypt 4,500
28  Vietnam 4,400
29  Australia 4,158
30  Indonesia 3,990 - 4,118
31  Gabon 3,700
32  United Kingdom 2,800
33  Yemen 1,1941
34  Argentina 2,504
35  Syria 2,500
36  Colombia 2,300
37  Congo, Republic of the 1,940
38  Equatorial Guinea 1,705
39  Chad 1,500
40  Peru 1,240
41  Brunei 1,200
42  Ireland 1,000-1,612 [1]
43  Uganda 1,000
44  Denmark 900
45  Trinidad and Tobago 830
46  Romania 650
47  Turkmenistan 600
47  Uzbekistan 594
48  Timor-Leste 554
49  Bolivia 465
50  Thailand 442
51  Tunisia 425
52  Italy 400
53  Ukraine 395
54  Pakistan 313
55  Netherlands 310
56  Germany 276
57  Turkey 262
58  Cameroon 200
59  Albania 199
60  Belarus 198
61  Congo, Democratic Republic of the 180
62  Cuba 4.9-179 [2]
63  Papua New Guinea 170
64  Philippines 168
65  New Zealand 166
66  Chile 150
66  Spain 150
68  Bahrain 125
69  France 101
70  Cote d'Ivoire 100
71  Mauritania 100
72  Poland 96
73  Austria 89
74  Guatemala 83
75  Suriname 79
76  Serbia 77
77  Croatia 66
78  Myanmar 50
79  Japan 44
80  Kyrgyzstan 40
81  Georgia 35
82  Bangladesh 178
83  Hungary 26
84  Bulgaria 15
85  South Africa 15
86  Czech Republic 15
87  Lithuania 12
88  Tajikistan 12
89  Greece 10
90  Slovakia 9
91  Benin 8
92  Belize 7
93  Taiwan 2
94  Israel 2
95  Barbados 2
96  Jordan 1
97  Morocco 0.7
98  Ethiopia 0.4
99  Bahamas Not disclosed as of 2/6/13 [3]
- Total World (2011)2 1,481,526

See also

References

  1. ^ Petroleum Exploration and Production Authority (PEPA)Yemen
  2. ^ OPEC: World proven crude oil reserves by country, 1960-2011

Notes

Sources