List of countries by proven oil reserves

A map of world oil reserves, January 2014
Trends in proven oil reserves in top five countries, 1980–2013 (data from US Energy Information Administration)

This is a list of countries by proven oil reserves.

Methodology

Proven 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.

Some statistics on this page are disputed and controversial. Different sources (OPEC, CIA World Factbook, oil companies) give different figures. Some of the differences reflect different types of oil included. Different estimates may or may not include oil shale, mined oil sands or natural gas liquids.

Because proven reserves include oil recoverable under current economic conditions, nations may see large increases in proven reserves when known, but previously uneconomic deposits become economic to develop. In this way, Canada's proven reserves increased suddenly in 2003 when the oil sands of Alberta were seen to be economically viable. Similarly, Venezuela's proven reserves jumped in the late 2000s when the heavy oil of the Orinoco was judged economic.

Countries

Reserves amounts are listed in millions of barrels (MMbbl).

CountryReserves (MMbbl)
—  OPEC 1,112,448–1,199,707
1 Venezuela (see: Oil reserves in Venezuela) 297,740[1]
2 Saudi Arabia (see: Oil reserves in Saudi Arabia) 268,350[1]
3 Canada (see: Oil reserves in Canada) 173,625–175,200
4 Iran (see: Oil reserves in Iran) 157,300[2]
5 Iraq (see: Oil reserves in Iraq) 140,300[2]
6 Kuwait (see: Oil reserves in Kuwait) 104,000[1]
7 UAE (see: Oil reserves in the United Arab Emirates) 97,800
8 Russia (see: Oil reserves in Russia) 80,000[1]
9 Libya (see: Oil reserves in Libya) 48,014
10 Nigeria (see: Oil reserves in Nigeria) 37,200
11 United States (see: Oil reserves in the United States) 36,420[3]
12 Kazakhstan 30,002
13 China 25,585
14 Qatar 25,382
15 Brazil 13,986
16 Angola 10,470
17 Mexico (see: Oil reserves in Mexico) 10,364[1]
18 Algeria 9,940
19 Azerbaijan 7,000
19 Ecuador 7,000
21 Norway 6,900
21 United Kingdom 6,900
—  European Union (Excluding the UK) 6,700
23 Malaysia 5,800
24 India 5,650–5,710[1][4][5]
25 Oman 5,500
26 Ghana (see: Oil reserves in Ghana) 5,000
27 Egypt 4,500
28 Vietnam 4,400
29 Australia 4,158
30 Indonesia3,990–4,118
31 Gabon 3,700
32 Myanmar 3200
32 Yemen 3,000[6][7]
33 Sudan 2,800
34 Syria 2,500
35 Mongolia 2,493
36 Colombia 2,377
37 Argentina 2,330[8]
38 Congo, Republic of the 1,940
39 Equatorial Guinea 1,705
40 Chad 1,500
41 Peru 1,240
42 Brunei 1,200
43 Uganda 1,000
44 Denmark 900
45 Trinidad and Tobago 830
46 Romania 650
47 Turkmenistan 600
48 Uzbekistan 594
49 East Timor 554
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
58 Bolivia 200[1]
60 Albania 199
61 Belarus 198
62 Congo, Democratic Republic of the 180
63 Cuba (see: Oil reserves in Cuba) 124[1]
64 Papua New Guinea 170
65 Philippines 168
66 New Zealand 166
67 Chile 150
67 Spain 150
69 Bahrain 125
70 France101
71 Ivory Coast 100
71 Mauritania 100
73 Poland 96
74 Austria 89
75 Guatemala 83
76 Afghanistan 80[9]
77 Suriname 79
78 Serbia 77
79 Croatia 66
81 Japan 44
82 Kyrgyzstan 40
83 Georgia 35
84 Hungary 26
85 Bangladesh 28
86 Bulgaria 15
86 South Africa 15
86 Czech Republic 15
89 Lithuania 12
99 Tajikistan 12
91 Greece 10
92 Slovakia 9
93 Benin 8
94 Belize 7
95 Taiwan 2
95 Israel 2
95 Barbados 2
98 Jordan 1
99 Morocco 0.7
100 Ethiopia 0.4
-World total (2011)[10]1,481,526

See also

References

  1. 1 2 3 4 5 6 7 8 US Energy Information Administration, International energy statistics, (proven reserves as of 2014).
  2. 1 2 "OPEC Share of World Crude Oil Reserves". opec.org. Retrieved 19 January 2015.
  3. ↑ US Energy Information Administration, International energy statistics, (proven reserves as of 2013).
  4. ↑ OPEC Statistical Bulletin, Proven oil reserves (as of 31 Dec. 2013), accessed 29 November 2014.
  5. ↑ "Statistical Review of World Energy June 2014" (PDF). BP. Archived from the original (PDF) on 28 June 2015. Retrieved 9 November 2015.
  6. ↑ "Oil and gas in Yemen" (PDF). NOREF peacebuilding. Retrieved 25 December 2013.
  7. ↑ "Energy and Minerals in Yemen". US Energy information Administration. Retrieved 24 December 2013.
  8. ↑ Instituto Argentino del Petróleo y el Gas – Reservas comprobadas de petróleo, en miles de m3 (proven reserves as of 2013)
  9. ↑ "Minerals in Afghanistan" (PDF). USGS Minerals gov. Retrieved 24 December 2013.
  10. ↑ "OPEC: World proven crude oil reserves by country, 1960–2011". Opec.org. Retrieved 21 September 2013.
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