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Proven Oil Reserves by Country

Authored By Staff Writer | Last Updated: 12/2012

Some 70% of the world's proven oil reserves is held in OPEC countries, providing its members with a key political tool.

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Proven Oil Reserves is valued through geological and engineering processes to produce an estimated value of oil stocks in the ground. Proven Oil Reserves showcases the commercially available (and recoverable) oil reserves of a given country based on its recognized reservoirs. For the purposes of the GFP ranking, oil is a highly valued factor when considering a prolonged war and is used in conjunction with oil consumption and oil production.


Proven Oil Reserves data through 2012. The values below are displayed in Barrels per Day (bbl).
1
267,000,000,000
2
211,200,000,000
3
173,600,000,000
4
151,200,000,000
5
143,100,000,000
6
104,000,000,000
7
97,800,000,000
8
60,000,000,000
9
47,100,000,000
10
37,200,000,000
11
20,680,000,000
12
20,350,000,000
13
13,990,000,000
14
12,200,000,000
15
10,160,000,000
16
8,935,000,000
17
5,800,000,000
18
5,320,000,000
19
4,400,000,000
20
4,400,000,000
21
3,885,000,000
22
3,000,000,000
23
2,827,000,000
24
2,505,000,000
25
2,500,000,000
26
1,988,000,000
27
1,426,000,000
28
900,000,000
29
600,000,000
30
523,200,000
31
442,000,000
32
395,000,000
33
280,700,000
34
276,000,000
35
270,400,000
36
155,000,000
37
150,000,000
38
150,000,000
39
138,500,000
40
90,010,000
41
77,500,000
42
71,000,000
43
50,000,000
44
44,120,000
45
35,000,000
46
25,380,000
47
15,000,000
48
11,800,000
49
10,000,000
50
2,380,000
51
1,000,000
52
430,000
53
0
54
0
55
0
56
0
57
0
58
0
59
0
60
0
61
0
62
0
63
0
64
0
65
0

Sources: US Library of Congress; CIA.gov/CIA World Factbook; EIA.gov; wikipedia.com; energy.eu; SIPRI.org. Some values estimated based on factors available when official sources are lacking.

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