SOURCE
CIA World Factbook, 28 July 2005
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del.icio.us| COMMENTARY |
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Zoran 31st August 2011 |
There are rumors that Macedonia has wast oil reserves, but strategically there is no work on its oil fields now. |
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Grant 5th August 2011 |
Here's an info graphic based on EIA data that shows world oil reserves and their lifespan (at current production rates). Pretty interesting - http://bit.ly/r2l7UJ |
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Jose 25th July 2011 |
Venezuela has the largest oil reserves in the world, please update it |
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chinmay 27th April 2011 |
Can any one advice me on these figures? Are these numbers are proven convention reserves? or it includes unconventional? can you give me proven & conventional oil reserve data? if possible for sweet crude- because that is very important - after that the real worl economy will react & real fun wil start - but i belive that is not possible- even realistical estimate would help !! - pls. advice- chinmayoza@hotmail.com - thanks in advance! |
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zishan 11th March 2011 |
Iraq sunni majority has second largest oil reserves.. |
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Tony 5th March 2011 |
thank you for this information it really helped with my yr 12 final. However a lot of comments seem to be requesting updates, i find this odd as it clearly states its source which was published in 2005, these statistics are from 2005. They are not going to be currently accurate. So there is no need to complain. Thanks again |
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mumuni 21st February 2011 |
Yes again a new well -Teak in the jubilee field offshore Ghana has been found to hold a sizeable amount of oil |
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Seth 20th February 2011 |
The US has a lot more than that, it's oil shale resever alone is at or around 2 trillion barrels. |
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Joe in Toronto, Canada 9th February 2011 |
Saudi Arabia's oil reserves have been overstated by as much as 300 billion barrels. Time to redo your stats. http://edition.cnn.com/2011/WORLD/meast/02/09/saudi.arabia.wikileaks/?hpt=T2 |
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David 31st January 2011 |
Just out of interest, Ive very little knowledge on this subject, but I noticed, Ireland = 0, we have oil/gas fields of the west coast, all be it privately owned, or am I mistaken? |
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Nuaman 25th January 2011 |
Is there any time frame that when these calculated reserviors will end. Regards, Nuaman |
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Richard 28th December 2010 |
With the latest price hikes and expected cost of $5.00 gal by 2012, doesn't this smack of an Enron move to control pricing and where are the watch dogs in our govt. and what are they doing |
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Alex 16th November 2010 |
Very helpful for my senior project. Thank you for this wonderful peace of information. Helped me to write one of the best paragraphs in my paper. Thank you |
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Donald McLeod 12th October 2010 |
Can I registger that the uk has stolen Scotland's oil and that the uk shoould be replaced with Scotland - where you stick the uk - who cares! Donald McLeod, Inverness, Scotland, EU. |
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Simon Eriksson 28th September 2010 |
@Ian Graham, Staff Editor Your post of 23rd February 2005 mentions total reserves of 687.44 billion barrels on the graph, yet the graph adds up to 1.349 trillion barrels. Has the stock of total global oil reserves really doubled from 2005 to 2010? Or have I misunderstood the figures? On the basis of 2010 figures of reserves and consumption, how long will the current reserves last? |
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lupe 27th September 2010 |
I think that we are using to much oil and should find a different alternative. |
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Theman 1st September 2010 |
Where are Uganda and Ghana? |
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mike Alton 3rd August 2010 |
You may have to revise you figures for Ghana. The country has witnessed some of the best discoveries in recent times. It also important to note the discoveries are mostly oil fields and not just single oil wells. Jubilee oil field was about 1.8 billion and Owo-1 and hyenedua? are about 1.4 billion. You easily make those discoveries these days! |
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HAVEN 7th July 2010 |
If worldwide oil consumption dropped a little more than 10 percent, to 25 billion barrels per year, the oil reserves on this chart would last about three-and-a-half years longer. In order to make these reserves last 100 years, worldwide oil consumption would have to be cut to 6.87 billion barrels per year, about 25 percent of 2002 consumption levels. That’s less than the United States alone consumed in 2002. |
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baghdad 5th June 2010 |
oh well iraq is supposed to have rank # 1 because we got to add up the iraqi oil plus the kuwaiti kuwait was a piece of the iraq shit and we threw it out |
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Thawat 22nd September 2009 |
Reserve figure might combine both oil and gas reserve altogether; i.e. Thailand case look almost 583 billion |
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Rashad 22nd September 2009 |
Is there a page for this by continent it's for a Global Studies |
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saman 2nd August 2009 |
Iraq now have more than 112 bbl |
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steven 20th November 2005 |
this chart lists the World Factbook as the source, but when you go to the actual World Factbook (http://www.cia.gov/cia/publications/factbook/rankorder/2178rank.html) the figures are different. Venezuela is the #7 country, Kazakhstan is #11, etc. |
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Ghassan 2nd November 2005 |
Could you diplay a chart showing the number of years left before the country with go dry. |
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Jeff, from Edmonton, Canada 24th July 2005 |
Natasha Wilson is correct in saying the statistics for Canada are very misleading. The Athabasca oil sands, along with a number of surrounding oil sands fields, do have the world's largest 'in-place' oil deposit - 2.4 trillion barrels. The Alberta Energy and Utilities Board, an entity of the Government of Alberta (for which I work), places the total recoverable amount of oil (with current technology) at about 300 billion barrels, of which 176 billion is counted as proven reserves that are economically feasible for recovery. The United States Department of Energy has accepted the 176 billion figure as the 'official' figure and has placed Canada as having the second largest oil reserves in the world. The companies in the oil sands are currently producing approximately 1 million barrels per day of synthetic sweet crude (upgraded from the bitumen of the oil sands). In fact, the production from the oil sands surpasses that from conventional oil methods. We are on track to see oil sands production reach 3 million barrels per day within 10 to 15 years. And, FYI, the oil sands have been under development since the late 1960s, and a near-constant reduction in costs has consistently increased the viability and size of the reserves. |
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Ian Graham Staff Editor 13th April 2005 |
Al-Jazeera reports that an analyst with the Bank of Montreal has questioned if Saudi Arabia’s oil reserves are as big as Saudi Aramco claims and suggested that Gharwar oilfield, the biggest in the world and responsible for five million barrels per day of Saudi output, is in decline. Saudi Arabia’s stated reserves are 258 billion barrels, but the International Energy Association’s monthly report for August 2004 said that there will be no new Saudi Light (a high-end crude oil that any refinery can process) for the next seven years and that existing oilfields are expected to decline by 27 percent from current production levels. Saudi Arabia claims that it can increase oil production to satisfy increased demand, but the bank analyst says promises of increased production last year didn’t come to fruition. Saudi Aramco said last year that it would produce an extra 500,000 barrels of oil immediately and an extra five million barrels per day by 2012. According to Saudi Aramco's statistics, existing Saudi oilfields deplete by 600,000 to 800,000 barrels per day each year. If such levels are maintained until 2012, total Saudi depletion will have reached a minimum of 4.2 million barrels per day. Saudi Arabia is the world’s largest net oil exporter. |
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Suchita Vemuri Staff Editor 6th March 2005 |
Hi Murray, at current estimates, Canada has the 11th largest natural gas reserves in the world, and is a major exporter of natural gas. Its oil reserves were put at 4.7 billion barrels in 2001, but it has recently been estimated that tar or oil sands can be economically tapped to produce oil, which would possibly require a significant revision of estimates of Canada's oil reserves; it is being speculated that while tapping the sands would yield more costly oil, it would also place Canada among the top three countries with substantial oil reserves. |
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Suchita Vemuri Staff Writer 25th February 2005 |
Hi Henry, you're right. Our mistake! According to the EIA, Venezuela has proven oil reserves of about 78 billion barrels, which would place it just behind Iran on this list. It is one the top suppliers of U.S. oil imports. However, widespread political unrest in recent years has impacted production severely. |
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Ian Graham Staff Editor 22nd February 2005 |
The total reserves of 687.44 billion barrels of oil in the countries on this graph sounds like a lot, until you consider how rapidly it is being consumed. In 1980, worldwide oil consumption was 63 million barrels per day. By 2002, worldwide oil consumption was 78 million barrels per day. (http://www.eia.doe.gov/pub/international/iealf/table12.xls). That’s about a 24 percent increase, from approximately 23 billion barrels a year to over 28 billion barrels per year. At the 2002 rate of consumption, the oil reserves on this graph will last 8,790 days, or about 24 years. If worldwide oil consumption dropped a little more than 10 percent, to 25 billion barrels per year, the oil reserves on this chart would last about three-and-a-half years longer. In order to make these reserves last 100 years, worldwide oil consumption would have to be cut to 6.87 billion barrels per year, about 25 percent of 2002 consumption levels. That’s less than the United States alone consumed in 2002. |
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Timo 10th November 2004 |
Where is Iraq on the Map & Graph: Energy: Oil reserves (Top 100 Countries)? They should have the second biggest reserves in the world? Please ansver my e-mail: timo@hemminki.com |
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