South and Central Asia 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.
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Interesting observations about Economy > Oil > Proved reserves
- Saudi Arabia ranked first for oil > proved reserves amongst Hot countries in 2011.
- Venezuela ranked first for oil > proved reserves amongst Christian countries in 2011.
- Canada ranked first for oil > proved reserves amongst Former British colonies in 2011.
- Russia ranked first for oil > proved reserves amongst Europe in 2011.
- United Kingdom ranked first for oil > proved reserves amongst European Union in 2011.
- Iraq ranked third for oil > proved reserves amongst Muslim countries in 2011.
- United States ranked second for oil > proved reserves amongst Heavily indebted countries in 2011.
- China ranked first for oil > proved reserves amongst East Asia and Pacific in 2011.
- Nigeria ranked first for oil > proved reserves amongst Sub-Saharan Africa in 2011.
- India ranked first for oil > proved reserves amongst Densely populated countries in 2011.