As of december 2019, crude oil reserves in the united states of america was 12,779. This map illustrates the growing importance of unconventional oil and gas, a relatively new sector of the energy industry. Proved natural gas reserves world statistics and charts. The boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance. Free oil and gas reserves, exploration, production maps. Proved 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. Oil reserves, billion barrels, 2020 country rankings.
Proved reserves are those quantities of petroleum which, by analysis of. No surprise in terms of consumption the us and china are runaway leaders here. The main sources of information on thorium reserves are usgs united states geological survey and the iaea international atomic energy agency. Government files dating from the early 20th century, such as those found in the india office records held at the british library, reveal british attitudes to the region in the wake of the discovery of large deposits of oil. List 3 different ways that oil is used to meet energy needs in developed countries today. Baker iii institute for public policy, rice university amy myers jaffe is the wallace s. The office of public affairs opa is the single point of contact for all inquiries about the central intelligence agency cia. Map of world oil reserves selfinvestors etfs, ipos. Though nigeria crude oil reserves fluctuated substantially in recent months, it tended to decrease through january 2015 december 2019 period ending at 1,952 thousand barrels per day in december 2019. With only 2% of the worlds oil reserves, we cant just drill our way to lower gas prices, president obama, 2012 the difference between a reserve and a resource is a really big deal in. The top 5 countries also includes russian federation, saudi arabia, canada, and iraq.
Heavy oil and natural bitumen resources in geological. How much of the worlds proven crude oil reserves lie under sw asia. The shade of the country corresponds to the magnitude of the indicator. Similarly, australia has just 280 metric tons of gold in its reserves, but it houses the largest gold mine reserves in the world along with the second largest gold producer. If successful, this movement could make the amount of oil reserves irrelevant. Country and regional map sites perrycastaneda map collection. Though all charts in this post use the eia data, bp, the iea and virtually every other reporting agency in the world uses.
The list of countries where fracking could unlock oil and gas reserves grew this year. Map world oil and gas map, 4th edition alternative views. In december 2019, crude oil reserves for nigeria was 1,952 thousand barrels per day. Rystad energy, a norwegian consultancy, has found that the u. Holds most recoverable oil reserves by per magnus nysveen. Oil reserves denote the amount of crude oil that can be technically recovered at a cost that is financially feasible at the present price of oil. Natural gas proved reserves by country thematic map. Texas alone holds more than 60 billion barrels of shale oil according to this new data.
A new independent estimate of world oil reserves has been released by rystad energy, showing that the us now holds more recoverable oil reserves than both saudi arabia and russia. For the united states the province level estimates were derived from the nrg associates field file nrg, 1995. 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. America has surpassed saudi arabia and russia in oil reserves, a new report says, but current rate of production oil supplies will only last 70 more years. They are responsible for an estimated 41% of global petroleum production and hold 72. The amount of crude oil left for use changes each year. Share of global oil reserves held by leading countries. This is a list of countries by proven oil reserves. For example, china ranks relatively low on the list of gold reserves, but it is mining more new gold than any other country. Reserves may be for a well, a reservoir, a field, a nation, or the world. Energy information administration eia official energy statistics from the u. The following are links to maps of continents, countries, territories. Britain has a long history of involvement in the middle east.
The united states of america is the top country by crude oil reserves in the world. Oil and gas reserves disclosure january 26, 2009 prms4 generally, many of the revised definitions are designed to be consistent with the prms and use similar terminology and concepts. Scientists map hidden groundwater reserves around the world. Pricing mechanism for oil and gas reserves estimation the 12month average price method. Which 2 countries currently consume the most oil annually. Oil proved reserves by country thematic map world indexmundi. Even though venezuela has the highest oil reserves in the world, its production has been declining since the late 1990s. Identified reserves for basins of canada were obtained from the national energy board ken drummond, national energy board personal communication, 1993. Iaea and usgs figures agree the largest reserves in the world are found in india which has around 25% of. Via the iea and by way of the foreign policy association, a map showing iea member countries strategic oil reserves, as well as their magnitude and whether they are publicly or privately held. Use worldmap warp to upload and rectify scanned maps for use in worldmap.
Sliding production is being attributed to government policies, which direct oil revenues to social programs that support the government, without reinvesting funds into the technology and infrastructure needed for heavy oil production. World shale resources grow with reserves in new countries. Proven oil reserves are those that have a reasonable certainty of being recoverable under existing economic and political conditions, with existing technology. Oil reserves around the world radiofreeeuroperadioliberty. Africa horn of africa shaded relief map united nations pdf. Can you guess which country has the worlds largest oil reserves. Oslo, norwaythe united states now holds the worlds largest recoverable oil reserve basemore than saudi arabia or russiathanks to the development of unconventional resource plays.
Hence reserves will change with the price, unlike oil resources, which include all oil that can be technically recovered at any price. These products are based on our data and research, which are held to traditional academic standards of excellence, including objectivity and rigor. We read every letter, fax, or email we receive, and we will convey your comments to cia officials outside opa as appropriate. Touristlink also has a map of all the nature reserves in world as well as detailed maps showing nature reserves in 7662 different cities in world. Proved reserves of natural gas are those quantities of natural gas, 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. Oil reserves, resources, and unlimited future supply. Top ten oil reserves countries map shows the country with. Each company knows their numbers and do yearly audits with a certified 3rd party. This statistic shows the share of global oil reserves held by countries with major oil resources from 2010 to 2018.
Proven oil reserves by country 2020 examination of the proven oil reserves of countries. The map also gives mariners working offshore an idea where jobs opportunities may arise in. Proved reserves of crude oil 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. Proven oil reserves is determined through geological and engineering processes to produce an estimated value of oil stocks in the ground. Proven oil reserves by country 2020 global firepower. Provides a comprehensive snapshot of the global oil and gas industry, showing infrastructure developments for oil, gas and lng, both existing and planned, around the world. Proved crude oil reserves world statistics and charts as. Chile maps university of texas at austin map collection chile lonely planet chile national humboldt penguin reserve afp. Proved oil and gas reserves are defined to include only those. The map displayed here shows how natural gas proved reserves varies by country.
In dealing with russian resources the term natural bitumen is taken to include both maltha and asphalt but excludes asphaltite. The eia publishes annually a list of world proved reserves of crude oil. Below is a chart for all countries where data are available. Selected oil and gas reserves european environment agency. The bars show proved oil and natural gas reserves by country. Oil and gas maps of india show the different locations and states of india where mineral oil and natural gas are found. For us, more than 50% of remaining oil reserves is unconventional shale oil. Wilson fellow in energy studies and director of the energy forum at the baker institute, as well as associate director of the rice energy program. This entry is the stock of proved reserves of crude oil in barrels bbl. The worlds leaders in energy production would be those with the largest solar, wind, and geothermal energy farms. Its not saudi arabia the shale revolution has dramatically changed the global energy landscape. Oil and natural gas are the two principal natural resources of the country. To my knowledge the proven vs unproven oil reserves for the u. The upstream sector of oil and gas industry includes searching for hydrocarbons i.
Historical energy data about world total oil supply total consumption of petroleum products production of crude oil including lease. Proven oil reserves showcases the commercially available and theoretically recoverable oil reserves of a given. Maps rectified using this tool can be brought into worldmap by following the instructions under section 4. If its not successful, scientists warn that the earth is headed for the sixth mass extinction. Though all charts in this post use the eia data, bp, the iea and virtually every other reporting agency in.
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