OPEC countries Compared by Economy > Oil > Proved reserves

DEFINITION: This entry is the stock of proved reserves of crude oil in barrels (bbl). 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.


1 Saudi Arabia 262.6 billion bbl 2011
2 Venezuela 211.2 billion bbl 2011
3 Iran 137 billion bbl 2011
4 Iraq 115 billion bbl 2011
5 Kuwait 104 billion bbl 2011
6 United Arab Emirates 97.8 billion bbl 2011
7 Libya 46.42 billion bbl 2011
8 Nigeria 37.2 billion bbl 2011
9 Qatar 25.38 billion bbl 2011
10 Algeria 12.2 billion bbl 2011
11 Angola 9.5 billion bbl 2011


OPEC countries Compared by Economy > Oil > Proved reserves


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