Energy > Oil > Proved > Reserves: Countries Compared
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 Energy > Oil > Proved > Reserves
- Saudi Arabia ranked first for oil > proved > reserves amongst Hot countries in 2010.
- Canada ranked first for oil > proved > reserves amongst Christian countries in 2010.
- Russia ranked first for oil > proved > reserves amongst Europe in 2009.
- United Kingdom ranked first for oil > proved > reserves amongst European Union in 2010.
- United States ranked second for oil > proved > reserves amongst Heavily indebted countries in 2010.
- Iraq ranked third for oil > proved > reserves amongst Muslim countries in 2010.
- Nigeria ranked first for oil > proved > reserves amongst Sub-Saharan Africa in 2010.
- Venezuela ranked first for oil > proved > reserves amongst Catholic countries in 2010.
- China ranked first for oil > proved > reserves amongst East Asia and Pacific in 2010.
- India ranked first for oil > proved > reserves amongst Densely populated countries in 2010.