Monday, 11 July 2011

world proven oil reserves updated: 04 August 2010 08:46 GMT (updated every year)




North America



At end 1989



At end 1999



At end 2008



At end 2009
bn bblsbn bblsbn bblsbn tonnesbn bbls% Share of totalR/P ratio
USA34.329.728.43.428.42.110.8
Canada11.618.333.25.233.22.528.3
Mexico5221.511.91.611.70.910.8
Total97.969.573.410.273.35.515
S. & Cent. AmericaAt end 1989At end 1999At end 2008At end 2009
bn bblsbn bblsbn bblsbn tonnesbn bbls% Share of totalR/P ratio
Argentina2.23.12.50.32.50.210.2
Brazil2.88.212.81.812.9117.4
Colombia22.31.40.21.40.15.4
Ecuador1.44.46.50.96.50.536.1
Peru0.80.91.10.21.10.121.1
Trinidad & Tobago0.60.80.80.10.80.115.1
Venezuela5976.8172.324.8172.312.9*
Other S. & Cent. America0.61.31.40.21.40.126.8
Total69.597.8198.928.5198.914.980.6
Europe & EurasiaAt end 1989At end 1999At end 2008At end 2009
bn bblsbn bblsbn bblsbn tonnesbn bbls% Share of totalR/P ratio
Azerbaijanna1.27170.518.6
Denmark0.60.90.80.10.90.19.5
Italy0.80.910.10.90.127.2
Kazakhstanna2539.85.339.8364.9
Norway8.410.97.50.97.10.58.3
Romania1.21.20.50.10.5***14.2
Russian Federationna59.274.310.274.25.620.3
Turkmenistanna0.50.60.10.6***8
United Kingdom3.853.10.43.10.25.8
Uzbekistanna0.60.60.10.6***15.2
Other Europe & Eurasia69.42.32.10.32.20.214.9
Total84.2107.8137.218.5136.910.321.2
Middle EastAt end 1989At end 1999At end 2008At end 2009
bn bblsbn bblsbn bblsbn tonnesbn bbls% Share of totalR/P ratio
Iran92.993.1137.618.9137.610.389.4
Iraq100112.511515.51158.6*
Kuwait97.196.5101.514101.57.6*
Oman4.35.75.60.85.60.418.9
Qatar4.513.126.82.826.8254.7
Saudi Arabia260.1262.8264.136.3264.619.874.6
Syria22.32.50.32.50.218.2
United Arab Emirates98.197.897.81397.87.3*
Yemen21.92.70.32.70.224.5
Other Middle East0.10.20.1**0.1***9.4
Total661685.8753.7102754.256.684.8
AfricaAt end 1989At end 1999At end 2008At end 2009
bn bblsbn bblsbn bblsbn tonnesbn bbls% Share of totalR/P ratio
Algeria9.211.312.21.512.20.918.5
Angola2.15.113.51.813.5120.7
Chad--0.90.10.90.120.9
Rep. of Congo (Brazzaville)0.71.71.90.31.90.119.4
Egypt4.33.84.20.64.40.316.2
Equatorial Guinea-0.61.70.21.70.115.2
Gabon12.63.70.53.70.344.1
Libya22.829.544.35.844.33.373.4
Nigeria162937.2537.22.849.5
Sudan0.30.36.70.96.70.537.5
Tunisia1.80.30.60.10.6***18.4
Other Africa0.90.70.60.10.6***11
Total59.184.7127.516.9127.79.636
Asia PacificAt end 1989At end 1999At end 2008At end 2009
bn bblsbn bblsbn bblsbn tonnesbn bbls% Share of totalR/P ratio
Australia3.14.74.20.54.20.320.7
Brunei1.21.31.10.11.10.117.6
China1615.114.8214.81.110.7
India4.355.80.85.80.421.1
Indonesia5.15.23.70.64.40.311.8
Malaysia3.755.50.75.50.420.4
Thailand0.20.40.50.10.5***3.8
Vietnam0.11.84.70.64.50.335.7
Other Asia Pacific0.91.41.40.21.30.111.2
Total34.739.941.75.642.23.214.4
TOTAL WORLDAt end 1989At end 1999At end 2008At end 2009
bn bblsbn bblsbn bblsbn tonnesbn bbls% Share of totalR/P ratio
Total World1006.41085.61332.4181.71333.110045.7
of which: European Union7.796.10.86.30.58.2
of which: OECD116.493.391.312.490.86.813.5
of which: OPEC763.2831.91028.8140.41029.477.285.3
of which: Non-OPEC X175.8166.4180.624.6180.913.614.7
Former Soviet Union67.387.212316.7122.99.225.5
Canadian oil sands#na163.3143.323.3143.3
Proved reserves and oilna1248.91475.72051476.4
sands
.
*More than 100 years.
**Less than 0.05
***Less than 0.05%
bn bbls = billion barrels
X = Excludes Former Soviet Union.
#'Remaining established reserves', less
reserves 'under active development'.
na = Not available
.
Proved reserves of oil: Generally taken
to be those quantities which geological
and engineering information indicates
with reasonable certainty can be
recovered in the future from known
reservoirs under existing economic
and operating conditions.
.
Reserves-to-production (R/P) ratio:
If the reserves remaining at the end
of any year are divided by the
production in that year, the result
is the length of time that those
remaining reserves would last if
production were to continue at that
rate.
.
Source of data: The estimates in
this table have been compiled using
a combination of primary official
sources, third-party data from the
OPEC Secretariat, World Oil,
Oil & Gas Journal and an independent
estimate of Russian reserves based
on information in the public domain.
Canadian proved reserves include
an official estimate of 21.0 billion
barrels for oil sands Ăąnder active
development`. Reserves include
gas condensate and natural gas
liquids (NGLs) as well as crude oil.
Annual changes and shares of total
are calculated using thousand million
barrels figures.
.
Source of info: BP Statistical Review of World Energy 2010


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