World Proved Reserves

• DOI: http://doi.org/10.1111/oets.12009
• Date: 01 July 2017
• Published date: 01 July 2017

Table 1.1 WORLD PROVED CRUDE OIL RESERVES

At Year End (billion barrels)

1970 1980 1990 2000 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Canada 10.4 9.3 9.3 18.3 17.1 27.7 28.6 33.2 32.1 175.2 174.6 173.1 173.2 172.5 170.9 170.9

Mexico 3.2 47.2 51.3 24.4 13.7 12.9 12.2 12.2 12.2 11.7 11.4 11.4 10.1 9.8 9.7 9.7

United States of America 47.6 29.8 26.3 22.0 21.4 21.8 21.0 21.3 19.1 23.3 20.7 20.7 33.4 37.9 39.9 39.9

Cuba 0.1 ... 0.1 0.3 0.8 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1

Guatemala ... 0.1 0.0 0.5 0.5 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1

Trinidad and Tobago 0.6 0.6 0.5 0.7 1.0 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7

Argentina 2.5 2.5 1.6 3.0 2.3 2.5 2.6 2.6 2.5 2.5 2.5 2.8 2.8 2.4 2.4 2.4

Bolivia 0.1 0.2 0.1 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.2 0.2 0.2 0.2 0.2 0.2

Brazil 0.9 1.3 4.5 8.5 11.8 12.2 12.6 12.6 12.8 12.0 12.8 13.2 13.2 13.5 16.2 16.2

Chile 0.1 0.6 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2

Colombia 1.7 0.6 2.0 2.0 1.5 1.5 1.5 1.5 1.5 1.4 1.9 2.2 2.4 1.4 2.3 2.3

Ecuador 0.8 1.1 1.4 4.6 5.2 5.2 6.4 6.5 6.5 7.2 8.2 8.2 8.2 8.8 8.3 8.3

Peru 0.3 0.6 0.4 0.3 0.9 0.9 0.4 0.4 0.4 0.5 0.6 0.6 0.6 0.7 0.7 0.7

Suriname ... ... 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1

Venezuela 14.0 19.5 60.1 76.8 80.0 87.3 99.4 172.3 211.2 296.5 297.6 297.6 297.7 298.4 300.0 300.0

Other Western Hemisphere ... ... 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1

Total Western Hemisphere 82.3 113.3 157.9 162.1 157.0 173.7 186.4 264.3 300.1 532.0 531.8 531.2 543.2 546.9 551.8 551.8

Denmark ... 0.5 0.8 1.1 1.3 1.2 1.1 1.1 1.1 0.8 0.9 0.8 0.8 0.6 0.5 0.5

France 0.1 0.1 0.2 0.1 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1

Germany 0.6 0.5 0.0 0.4 0.4 0.4 0.4 0.3 0.3 0.3 0.3 0.3 0.2 0.2 0.1 0.1

Hungary ... 0.2 0.2 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

Italy 0.2 0.6 0.7 0.6 0.6 0.6 0.4 0.4 0.4 0.5 0.5 0.5 0.6 0.5 0.6 0.6

Netherlands 0.1 0.1 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.3 0.3 0.2 0.2 0.1 0.1 0.1

Norway 1.0 5.0 10.0 11.3 9.7 8.5 8.2 8.2 7.5 7.1 5.3 5.4 5.8 5.5 5.1 5.1

Poland ... 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.1 0.1 0.1

Spain ... 0.2 0.0 0.0 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2

United Kingdom 1.0 14.8 3.8 5.0 3.9 3.6 3.6 3.6 3.4 2.8 3.1 3.1 3.0 3.0 2.8 2.8

Turkey 0.6 0.3 0.7 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3

Other OECD Europe ... 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1

Total OECD Europe 3.6 22.5 16.7 19.3 16.9 15.1 14.5 14.4 13.5 12.5 11.2 11.1 11.4 10.8 10.0 10.0

Albania 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2

Romania 0.9 0.8 1.2 1.4 1.0 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6

Other Non-OECD Europe ... 0.3 0.3 0.2 0.2 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2

Total Non-OECD Europe 1.0 1.3 1.6 1.8 1.3 0.9 1.0 1.0 1.0 1.0 1.0 0.9 0.9 0.9 0.9 0.9

Azerbaijan ... ... ... 1.2 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0

Belarus … … … 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2

Russia ... ... ... 48.6 60.0 60.0 60.0 60.0 60.0 60.0 60.0 80.0 80.0 80.0 80.0 80.0

Ukraine ... ... ... 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4

Kazakhstan ... ... ... 5.4 9.0 30.0 30.0 30.0 30.0 30.0 30.0 30.0 30.0 30.0 30.0 30.0

Turkmenistan ... ... ... 0.5 0.5 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6

Uzbekistan ... ... ... 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6

Other CIS ... ... ... 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1

Total CIS/FSU 77.0 63.0 57.0 57.0 77.8 98.9 98.9 98.9 98.9 98.9 98.9 118.9 118.9 118.9 118.9 118.9