List of countries by proven oil reserves

This is a list of countries by proven oil reserves. 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.

Map of countries with proven oil reserves - according to U.S. EIA (start of 2017)

Trends in proven oil reserves in top five countries, 1980–2013 (data from US Energy Information Administration)

A map of world oil reserves according to OPEC, January 2014

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 Belt was judged economic.

Sources

Sources sometimes differ on the volume of proven oil reserves. The differences sometimes result from different classes of oil included, and sometimes result from different definitions of proven.

Comparison of proven oil reserves from some widely used sources (billions of barrels, as of 31 Dec. 2014/1 Jan. 2015)

Source	Canada	Iran	Iraq	Russia	Saudi Arabia	United States	Venezuela
BP[1]	172.9	157.8	143	103.2	267.0	48.5	298.3
OPEC[2]	4.2	157.5	147.2	80.0	266.6	36.5	300.0
US CIA[3]	171.0	157.8	147	103.2	268.3	36.5	298.4
US EIA[4]	172.5	157.8	145	80.0	268.3	39.9	298.4

Countries

Reserves amounts are listed in millions of barrels. The column "Years of production in reserve" uses the daily production figures as of 2016[5] (multiplied by 365).

* indicates "Oil reserves in COUNTRY or TERRITORY" or "Energy in COUNTRY or TERRITORY" links.

Proven reserves (millions of barrels)
Country	US EIA [6]	OPEC [7]	BP [8]	Others	Oil production 2020 (bbl/day)[9]	Years of production in reserve
Venezuela *(OPEC)	303,806.00	302,809	300,900		527,063	1,578
Saudi Arabia *(OPEC)	258,600.00	266,260	266,000		9,264,921	76
Iran *(OPEC)	208,600.00	[10] 208,600	155,600		2,665,809	214
Canada *	170,300.00	4,421	172,200	[11] 171,000	4,201,101	111
Iraq *(OPEC)	145,019.00	147,223	143,100		4,102,311	97
Kuwait *(OPEC)	101,500.00	104,000	104,000		2,625,145	106
United Arab Emirates *(OPEC)	97,800.00	98,630	98,630		3,138,249	85
Russia *	80,000.00	80,000	102,400		9,865,495	22
Libya *(OPEC)	48,363.00	74,363	78,400		408,074	324
United States *	47,107.00	32,773	55,000	[12] 43,629	11,307,560	11
Nigeria *(OPEC)	36,890.00	37,453	37,100		1,775,940	57
Kazakhstan *	30,000.00	30,000	30,000		1,756,705	47
China *	26,022.00	25,627	18,500		3,888,989	18
Qatar *	25,244.00	25,244	25,244		1,530,000	45
Brazil *	12,714.00	12,634	13,000	[12] 16,848	2,939,950	12
Algeria *(OPEC)	12,200.00	12,200	12,200		1,122,432	30
Guyana *	.00			10,000[13]	83,174	329
Ecuador	8,273.00	8,273	8,000		479,371	47
Norway *	8,122.00	6,376	8,000		1,712,937	13
Angola *(OPEC)	7,783.00	8,384	12,700		1,249,678	17
Azerbaijan *	7,000.00	7,000	7,000		693,880	28
Mexico *	5,786.00	6,537	10,800	[14] 9.700	1,710,303	9
Oman *	5,373.00	5,373	5,300		948,967	16
Sudan *	5,000.00	5,000	1,500		64,740	211
India *	4,604.00	4,495	5,680	[12] 4,409	627,415	20
Vietnam *	4,400.00	4,400	4,000		193,264	62
Malaysia *	3,600.00	3,600	3,600	[12] 5,542	541,017	18
Egypt *	3,300.00	4,400	3,500		586,735	15
Yemen *	3,000.00		3,000		66,000	124
Congo(OPEC)	2,882.00		1,600		282,541	28
United Kingdom *	2,500.00	2,069	2,800	2,618	947,208	7
Syria *	2,500.00	2,500	2,500		35,000	196
Uganda *	2,500.00
Argentina *	2,482.00	2,162	2,400	2,330	440,335	15
Indonesia *	2,480.00	3,310	3,600	[12] 3,497	712,112	10
Australia *	2,446.00	3,985	4,000	4,002	351,180	19
Colombia *	2,036.00	1,665	2,300		791,844	7
Gabon *(OPEC)	2,000.00	2,000	2,000		173,634	56
Chad *	1,500.00		1,500		115,817	35
Brunei *	1,100.00	1,100	1,100		98,642	31
Equatorial Guinea *(OPEC)	1,100.00		1,100		147,563	20
Peru *	858.00		1,400	[12] 1,489	40,386	58
Ghana *	660.00				199,478	9
Romania *	600.00		600		67,574	24
Turkmenistan *	600.00	600	600		184,579	9
Uzbekistan *	594.00	594	600		37,997	43
Pakistan *	540.00			[12] 236	79,112	19
Italy *	497.00		600	[12] 595	100,514	14
Denmark *	441.00	439	600	[12] 550	71,339	17
Tunisia *	425.00		400		30,738	38
Ukraine *	395.00	395			33,577	32
Turkey *	366.00			[12] 284	61,757	16
Thailand *	252.00		400		202,117	3
Trinidad and Tobago	242.00		700	[12] 830	56,556	12
Bolivia *	240.00			[12] 210	60,161	11
Cameroon *	200.00				66,749	8
Belarus *	198.00	198			34,249	16
Bahrain *	186.00				43,000	12
DR Congo	180.00				23,000	21
Papua New Guinea *	159.00			[12] 158	40,249	11
Albania *	150.00				14,331	29
Chile *	150.00				1,582	260
Niger *	150.00				9,497	43
Spain *	150.00				628	654
Myanmar *	139.00				8,833	43
Philippines	138.00				12,249	31
Netherlands	137.00			[12] 141	14,579	26
Cuba *	124.00			[12] 124	41,079	8
Germany *	115.00			[12] 229	37,508	8
Poland *	113.00			[12] 151	18,765	16
Ivory Coast *	100.00				36,746	7
Suriname	890				14,915	16
Guatemala	860				7,749	30
Serbia *	770				15,249	14
Croatia *	710				11,749	17
France *	610				12,910	13
Japan *	440				4,333	28
New Zealand *	400				18,579	6
Kyrgyzstan *	400				1,000	110
Austria *	350				10,822	9
Georgia *	350				400	240
Bangladesh *	280				3,000	26
Mauritania *	200
Bulgaria *	150				1,000	41
Czech Republic *	150	15.0			2,000	21
South Africa *	150	15			1,000	41
Israel *	120			[12] 12	300	110
Hungary *	120			[12] 35	16,418	2
Lithuania *	120				2,000	16
Tajikistan *	120				180	183
Greece *	100				1,831	15
Slovakia *	9.00				200	123
Benin *	8.00
Belize *	6.00				1,700	10
Taiwan *	2.00				196	28
Barbados	1.00				1,000	3
Jordan *	1.00			[12] 1
Morocco *	0.6.00				160	10
Ethiopia *	0.4.00
Kenya *	0.00		750
South Sudan					162,475
Mongolia *					17,582
East Timor *					14,000
Portugal *					12,932
World	1,661,905.00	1,535,773	1,750,600		76,137,732	60

References

BP Statistical Review of World Energy, 2015
OPEC Statistical Bulletin, 2015.
World Factbook, US Central Intelligence Agency, 2015.
"U.S. Crude Oil plus Lease Condensate Proved Reserves". www.eia.gov. Retrieved 13 June 2021.
"Production of Crude Oil including Lease Condensate 2016" (CVS download). U.S. Energy Information Administration. Retrieved 27 May 2017.
U.S. Energy Information Administration, International Energy Statistics, crude oil including lease condensate, accessed 17 June 2,020.
Economou, Andreas; Fattouh, Bassam (7 May 2021). "OPEC at 60: the world with and without OPEC". OPEC Energy Review. 45: 3–28. doi:10.1111/opec.12205. ISSN 1753-0229.
"Figure 3—figure supplement 1. All 188 single base-pair M2R quartets for add riboswitch". 15 February 2018. doi:10.7554/elife.29602.009. {{cite journal}}: Cite journal requires |journal= (help)
"Annual petroleum and other liquids production". U.S. Energy Information Administration. Retrieved 26 March 2021.{{cite web}}: CS1 maint: url-status (link)
"OPEC : Iran". www.opec.org. Retrieved 13 June 2021.
Oil Resources, Natural Resources Canada, 16 Feb. 2,016.
Reolon, Dario; Di Maggio, Federica; Moriggi, Sara; Galli, Giuseppe; Pirrone, Marco (24 June 2020). "Unlocking Data Analytics for the Automatic Evaluation of Cement Bond Scenarios". SPWLA 61st Annual Online Symposium Transactions. Society of Petrophysicists and Well Log Analysts. doi:10.30632/spwla-5060. S2CID 225718759.
"ExxonMobil increases Stabroek resource estimate to approximately 10 billion barrels". ExxonMobil. Retrieved 21 January 2022.
"Request Rejected". www.pemex.com. Retrieved 13 June 2021.

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[1] BP Statistical Review of World Energy, 2015

[2] OPEC Statistical Bulletin, 2015.

[3] World Factbook, US Central Intelligence Agency, 2015.

[4] "U.S. Crude Oil plus Lease Condensate Proved Reserves". www.eia.gov. Retrieved 13 June 2021.

[EIA-5] "Production of Crude Oil including Lease Condensate 2016" (CVS download). U.S. Energy Information Administration. Retrieved 27 May 2017.

[6] U.S. Energy Information Administration, International Energy Statistics, crude oil including lease condensate, accessed 17 June 2,020.

[7] Economou, Andreas; Fattouh, Bassam (7 May 2021). "OPEC at 60: the world with and without OPEC". OPEC Energy Review. 45: 3–28. doi:10.1111/opec.12205. ISSN 1753-0229.

[8] "Figure 3—figure supplement 1. All 188 single base-pair M2R quartets for add riboswitch". 15 February 2018. doi:10.7554/elife.29602.009. {{cite journal}}: Cite journal requires |journal= (help)

[9] "Annual petroleum and other liquids production". U.S. Energy Information Administration. Retrieved 26 March 2021.{{cite web}}: CS1 maint: url-status (link)

[10] "OPEC : Iran". www.opec.org. Retrieved 13 June 2021.

[11] Oil Resources, Natural Resources Canada, 16 Feb. 2,016.

[ENI-12] Reolon, Dario; Di Maggio, Federica; Moriggi, Sara; Galli, Giuseppe; Pirrone, Marco (24 June 2020). "Unlocking Data Analytics for the Automatic Evaluation of Cement Bond Scenarios". SPWLA 61st Annual Online Symposium Transactions. Society of Petrophysicists and Well Log Analysts. doi:10.30632/spwla-5060. S2CID 225718759.

[13] "ExxonMobil increases Stabroek resource estimate to approximately 10 billion barrels". ExxonMobil. Retrieved 21 January 2022.

[14] "Request Rejected". www.pemex.com. Retrieved 13 June 2021.

Lists of countries by energy rankings
Non-renewable energy	Petroleum Proven reserves Production Consumption Usage and pricing Exports Imports All Natural gas Proven reserves Production Consumption Exports Imports Recoverable shale gas Coal Reserves Production Exports Imports Uranium Proven reserves Production Generation All Thorium Total resources
Renewable energy	Hydroelectricity Wind Solar Geothermal
Electric energy	Consumption Exports Imports Production
Total energy	Consumption and production per capita Intensity Summary of top fossil fuel exporters
List of international rankings Lists by country

Lists of countries by industrial output rankings
Metallurgy	Aluminium Al₂O₃ Antimony reserve Barium Bauxite Bismuth Caesium Cadmium Cobalt Copper smelter Chromium Dysprosium Erbium Europium Gadolinium Gold Holmium Indium Iron ore Lead Lithium Magnesium Manganese Mercury Molybdenum Neodymium Nickel Niobium Palladium Platinum Rhodium Rubidium Ruthenium Samarium Silver Steel Strontium Tantalum Tellurium Terbium Thulium Tin Titanium Tungsten Uranium reserves Yttrium Zinc Zirconium reserve
Mineral	Bentonite Feldspar Fluorite Iodine Silicon Salt
Emissions	CO₂ per capita Greenhouse gas per capita
Others	Manufacturing Cement Motor vehicles Paper Refrigerators Washing machines
List of international rankings Lists by country

List of countries by proven oil reserves

Sources

Countries

See also

References