List of countries by proven oil reserves

Map of countries with proven oil reserves – according to US EIA (start of 2017)
Venezuela and Middle Eastern countries are estimated in 2024 to have the largest proven oil reserves.[1][2]
A map of world oil reserves according to OPEC, January 2014

Proven oil 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.

Some statistics on this page are disputed and controversial — different sources (like OPEC, CIA World Factbook and oil companies) give different figures. Some of the differences reflect the different types of oil included. Different estimates may or may not include oil shale, mined oil sands, or natural gas liquids.

Because proven reserves include oil recoverable under current economic conditions, nations may see large increases in proven reserves when known, but previously uneconomic deposits become economic to develop. In this way, Canada's proven reserves increased suddenly in 2003 when the oil sands of Alberta were seen to be economically viable. Similarly, Venezuela's proven reserves jumped in the late 2000s when the heavy oil of the Orinoco Belt was judged economic.

Sources

Sources sometimes differ on the volume of proven oil reserves. The differences sometimes result from different classes of oil included and sometimes result from different definitions of proven. (The data below does not seem to include shale oil and other unconventional sources of oil such as tar sands. For instance, North America has over 3 trillion barrels of shale oil reserves, and the majority of oil produced in the US is from shale, leading to the paradoxical data below that the US will finish all its oil at 2024 production levels in 10 years.)

Comparison of proven oil reserves from some widely used sources (billions of barrels, 2021)
Source Canada Iran Iraq Russia Saudi Arabia United States Venezuela
BP[3] 168.1 157.8 145.0 107.8 297.5 68.8 303.8
Eni[4] 168.1 208.6 145.0 107.8 258.5 54.6 303.8
OPEC[5][6] 5.0 208.6 145.0 80.0 267.2 38.8 303.5
US CIA[7] 170.3 208.6 145.0 80.0 258.6 38.2 303.8
US EIA[8] 168.1 208.6 145.0 80.0 261.6 60.5 303.6

Countries

Reserve amounts are listed in millions of barrels.

Proven reserves (millions of barrels)
Country U.S. EIA
[9] 		OPEC
[10][note 1] 		BP
[3] 		Eni
[4] 		Others Oil production
Feb 2025
(thousands of bbl/day)[11] 		Years of
production
in reserve
 Venezuela *(OPEC) 304,000 303,221 303,800 303,806 940 886.0
 Saudi Arabia *(OPEC) 267,000 267,200 297,500 258,481 9,058 85.0
 Iran *(OPEC) 209,000 208,600 157,800 208,600 4,270 125.0
 Canada * 170,000 4,344 168,100 168,088 163,000[12] 4,788 74.0
 Iraq *(OPEC) 145,000 145,019 145,000 145,019 147,000[13] 4,331 97.0
 United Arab Emirates *(OPEC) 113,000 113,000 97,800 97,800 3,630 79.0
 Kuwait *(OPEC) 102,000 101,500 101,500 101,500 2,525 111.0
 Russia *(OPEC+) 58,000 80,000 107,800 107,804 80,000[14] 9,795 22.8
 United States * 74,000 45,014 68,800 54,644 46,422[15] 13,240 12.7
 Libya *(OPEC) 50,000 48,363 48,400 48,363 42,000 1,348 95.5
 Nigeria *(OPEC) 37,000 37,280 36,900 37,695 1,580 64.2
 Kazakhstan *(OPEC+) 30,000 30,000 30,000 29,921 2,132 38.6
 China * 26,000 28,182 26,000 25,963 4,340 16.7
 Qatar * 25,000 25,244 25,200 25,244 1,310 52.8
 Brazil *(OPEC+) 13,000 15,894 11,900 11,937 16,848 3,488 10.9
 Algeria *(OPEC) 12,000 12,200 12,200 12,200 1,130 29.3
 Guyana * 11,000 11,000[16] 625 48.2
 Norway * 7,000 6,912 7,900 7,898 8,120[17] 1,733 11.9
 Azerbaijan *(OPEC+) 7,000 7,000 7,000 6,978 581 33.0
 Ecuador 8,300 8,273 1,300 8,273 469 48.2
 Mexico *(OPEC+) 6,000 5,136 6,100 7,010 9,700 1,711 12.8
 Oman *(OPEC+) 5,400 4,971 5,400 5,358 986 14.9
 Angola * 2,600 2,550 7,800 7,783 9,000[18][19][20][21] 1,065 14.1
 India * 4,600 4,918 4,500 4,293 4,409 607 22.6
 Vietnam * 4,400 4,400 4,400 4,391 160 75.3
 South Sudan (OPEC+) 3,800 3,500 3,500 3,500 3,500[22][23] 80 125.0
 Malaysia *(OPEC+) 3,600 2,700 2,700 4,727 5,542 494 22.7
 Egypt * 3,300 3,300 3,100 3,146 3,300[24][25][26][27] 508 19.6
 Yemen * 3,000 3,000 2,881 15 548.0
 Argentina * 3,000 2,999 2,500 2,483 746 10.1
 Australia * 2,400 1,803 2,400 3,995 4,002 235 35.6
 Syria * 2,500 2,500 2,661 35 196.0
 Indonesia * 2,500 2,410 2,400 2,480 3,497 576 14.3
 United Kingdom * 2,500 1,500 2,500 2,700 2,618 660 11.0
 Congo *(OPEC) 1,800 1,811 2,900 1,660 180[28] 242 18.9
 Gabon *(OPEC) 2,000 2,000 2,000 2,000 220 24.9
 Colombia * 1,800 2,019 2,000 1,843 2,020[29][30][31] 756 7.4
 Uganda * 2,500 1,004 0 –
 Chad * 1,500 1,500 1,583 128 32.1
 Suriname 2,400 87 12 548.0
 Sudan *(OPEC+) 1,300 1,500 1,500 185 1,250[32][33] 30 207.0
 Brunei *(OPEC+) 1,100 1,100 1,100 1,100 107 28.2
 Equatorial Guinea *(OPEC) 1,100 1,100 1,100 1,100 88 34.3
 Turkey * 1,400 365 1350 124 30.9
 Peru * 900 700 985 386[34] 46 72.0
 Ghana * 700 681 660[35][36] 186 10.3
 Turkmenistan * 600 600 600 601 191 8.6
 Romania * 600 600 601 53 31.0
 Uzbekistan * 600 594 600 594 30 54.8
 Italy * 500 600 583 595 93 16.2
 Kenya * 600 585[37]-560[38] –
 Pakistan * 500 377 236 62 16.3
 Sierra Leone * 440 20,000-15,000[39][40][41] –
 Ukraine * 400 395 487 152.0
 Tunisia * 400 400 403 27 40.6
 Denmark * 400 365 400 425 550 55 24.9
 Bolivia * 200 574 210 18 31.2
 Thailand * 300 300 293 158 6.1
 Mongolia * 257 2,438 14 477.0
 Bahrain *(OPEC+) 200 304 186.5[42]-124.6[43][44][45] 182 2.6
 Germany * 100 384 229 32 14.1
 Cameroon * 200 247 200[46][47] 60 9.1
 Albania * 200 246 150[48]-120[49][50] 12 35.9
 Belarus * 200 198 244 26 21.1
 Trinidad and Tobago * 200 200 242 830 51 31.0
 DR Congo * 200 222 180[51][52][53][54] 16 32.5
 Spain * 200 185 150[55][56] 6.2
 Niger * 200 147 150[57][58][59] 88 5.5
 Chile * 150 150 185 150[60][61][62] 2.1 196.0
 Philippines * 139 172 138.5[63] 0.5 762.0
 Papua New Guinea * 200 100 158 32 17.1
 Netherlands * 100 190 141 22 17.6
 Cuba * 100 153 124 26 13.1
 Ivory Coast * 100 119 100[64][65][66] 37 7.4
 Poland * 100 114 151 18 19.0
 France * 83 125 10 20.6
 Guatemala * 86 99 5.5 43.3
 Afghanistan * 88
 Serbia * 77 96 12 17.7
 Myanmar * 100 62 5.6 58.7
 Croatia * 71 90 71[67][68] 9.2 21.1
 Mauritania * 20 123 20[69][70][71] 0 –
 New Zealand * 40 66 41[72][73] 7.2 15.4
 Japan * 44 54 3.4 35.6
 Kyrgyzstan * 40 49 40[74][75] 5.7 19.2
 Austria * 35 59 9 9.4
 Georgia * 35 43 35[76][77] 0.2 480.0
 Bangladesh * 28 35 3 –
 Hungary * 12 22 35 24 5.4
 Czech Republic * 15 19 15[78] 1.3 31.6
 Bulgaria * 15 19 15[79][80][81] 1 41.1
 South Africa * 15 19 15[82][83] 0.4 103.0
 Lithuania * 12 15 15.7[84]–12[85] 0.7 47.0
 Tajikistan * 12 15 12[86][87] 0.3 110.0
 Mozambique * 0 15 15[88] –
 Greece * 10 12 10[89][90] 1.5 18.3
 Slovakia * 9 11 3.4
 Benin * 8 10 8[91] 0 –
 Belize * 6 9 6.7[92][93] 0.8 23.0
 Israel * 12 2 12 15 2.2
 Taiwan * 2.4 2 0.2 32.9
 Barbados * 1 2 1 4.2
 Jordan * 1 1 1 8.3
 Morocco * 1 1 0.684[94] 92.3
 Senegal * 1,030[95][96] 100 28.2
 Timor-Leste * 719[97][98] 2 985.0
 Estonia * 16[99][100] 1.9
 World 1,720,000 1,566,869 1,732,400 1,740,264 82,645 19–22

* indicates links to "Oil reserves in Country or Territory" or "Energy in Country or Territory" pages.

See also

References

  1. ^ Barthels, Meghan (7 January 2026). "Why Does Venezuela Have So Much Oil? Geology". Scientific American.
  2. ^ Fleck, Anna (5 January 2026). "Venezuela Sits on a Fifth of the World's Oil". Statista, crediting OPEC and Canadian government. Archived from the original on 2 February 2026. OPEC omits Canada's oil-sands, estimated by the Canadian govt. to hold 171 billion barrels of proven reserves. Source: OPEC
  3. ^ a b "Full report – Statistical Review of World Energy 2021" (PDF). BP. Retrieved 10 August 2024.
  4. ^ a b "World Energy Review 2021" (PDF). eni.com. Eni. pp. 3–5. Retrieved 28 April 2026.
  5. ^ "2022 OPEC Annual Statistical Bulletin" (PDF). OPEC. Archived from the original (PDF) on 25 April 2024. Retrieved 10 August 2024.
  6. ^ "Interactive charts". Retrieved 10 August 2024.
  7. ^ "Petroleum – The World Factbook". cia.gov. Archived from the original on 24 January 2021. Retrieved 10 August 2024.
  8. ^ "Largest proved reserve holders of crude oil" (XLSX). eia.gov. 1 December 2021. Retrieved 10 August 2024.{{cite web}}: CS1 maint: url-status (link)
  9. ^ "International – U.S. Energy Information Administration (EIA)". eia.gov. Retrieved 5 October 2023.
  10. ^ https://www.opec.org/assets/assetdb/asb-2025.pdf
  11. ^ "International – U.S. Energy Information Administration (EIA)". Energy Information Administration. Retrieved 16 June 2025.
  12. ^ "GRAPHIC: 97% of Canada's 163 billion barrels of proven oil reserves are in Alberta's oil sands". Canadian Energy Centre. 7 February 2025. Retrieved 27 April 2026.
  13. ^ "Iraq - Oil and Gas Equipment & Services". trade.gov. 2 November 2021.
  14. ^ "Russia Oil reserves". TheGlobalEconomy.com.
  15. ^ https://www.eia.gov/todayinenergy/detail.php?id=65725
  16. ^ "Guyana's oil reserves remain at 11 billion barrels – Ministry clarifies SEC reporting framework". News Room. 25 February 2026. Retrieved 27 April 2026.
  17. ^ "Norway Oil reserves". TheGlobalEconomy.com.
  18. ^ "Angola Oil and Gas Industry Growth". trade.gov. 22 July 2025.
  19. ^ "Angola - Oil and Gas". trade.gov. 1 February 2024.
  20. ^ "Energy production in Angola". EBSCO.
  21. ^ "Angola - Oil and Gas". privacyshield.gov.
  22. ^ Chang, Koang (9 February 2026). "South Sudan ranked 5th among Africa's top 10 oil-rich nations, New report reveals".
  23. ^ "UN Report Exposes $2.2 Billion Oil Corruption Scheme in South Sudan". OilPrice.com.
  24. ^ [1]
  25. ^ [2]
  26. ^ "Energy Resource Guide - Egypt". trade.gov.
  27. ^ "Egypt Oil reserves". TheGlobalEconomy.com.
  28. ^ "Republic of the Congo's petroleum reserves". EBSCO.
  29. ^ "Colombia, on the verge of oil decline due to Petro's policies". Global Affairs and Strategic Studies.
  30. ^ "Colombia - Oil and Gas Industry". 14 November 2014.
  31. ^ "Colombia Oil reserves". TheGlobalEconomy.com.
  32. ^ "Sudan has vast oil, gold and agricultural resources. Who controls them?". Al Jazeera.
  33. ^ "Sudan Oil reserves - data, chart". TheGlobalEconomy.com.
  34. ^ https://www.bnamericas.com/en/news/perus-proven-crude-oil-reserves-increase-gas-dips
  35. ^ "Ghana Oil reserves". TheGlobalEconomy.com.
  36. ^ "Oil proved reserves - Ghana". statbase.org.
  37. ^ "Upstream – National Oil Corporation of Kenya".
  38. ^ "The Viability of Turkana Oil".
  39. ^ "Sierra Leone to Highlight Offshore Licensing Opportunities, 2025 Drilling Plans at IAE Forum". energycapitalpower.com. 19 December 2024.
  40. ^ [3]
  41. ^ Mwale, Winston (14 January 2025). "Sierra Leone Oil Chief to Showcase 44 Billion Barrel Potential".
  42. ^ "Bahrain, Oil proved reserves". statbase.org.
  43. ^ "Bahrain - Oil and Gas". trade.gov. 1 December 2025.
  44. ^ "Bahrain's Biggest Oil Find Since 1932 Dwarfs Reserves". demac.com.
  45. ^ "Bahrain - Oil and Gas Industry". 21 November 2014.
  46. ^ "Cameroon Oil reserves". TheGlobalEconomy.com.
  47. ^ "Oil proved reserves – Cameroon". statbase.org.
  48. ^ "Albania Oil reserves". TheGlobalEconomy.com.
  49. ^ "Energy Circle". energycircle.org.
  50. ^ "Albania - Oil and Gas". privacyshield.gov.
  51. ^ "DRC Seeks to Unlock Estimated 5 Billion Barrels of Oil". energycapitalpower.com. 1 March 2024.
  52. ^ "HYDROCARBON". 3 July 2018.
  53. ^ "Democratic Republic of the Congo - Oil & Gas". trade.gov. 14 March 2024.
  54. ^ "Oil proved reserves - Congo DR". statbase.org.
  55. ^ "Spain Oil reserves". TheGlobalEconomy.com.
  56. ^ "Spain – Crude Oil Reserves". countryeconomy.com.
  57. ^ [4]
  58. ^ "Niger Oil reserves". TheGlobalEconomy.com.
  59. ^ "Niger - Crude Oil Reserves 2021". countryeconomy.com.
  60. ^ [5]
  61. ^ "Energy and CO2 in Chile". Worlddata.info.
  62. ^ "Chile - Crude Oil Reserves 2021". countryeconomy.com.
  63. ^ "Philippines – Crude Oil Reserves 2021". countryeconomy.com.
  64. ^ "Cote d'Ivoire - Oil/Gas Field Equipment". privacyshield.gov.
  65. ^ "Oil proved reserves - Cote d'Ivoire". statbase.org.
  66. ^ "Ivory Coast Oil reserves". TheGlobalEconomy.com.
  67. ^ [6]
  68. ^ "Croatia - Crude Oil Reserves 2021". countryeconomy.com.
  69. ^ "Mauritania's energy consumption". EBSCO.
  70. ^ "Oil proved reserves – Mauritania". statbase.org.
  71. ^ "Mauritania – Crude Oil Reserves 2021". countryeconomy.com.
  72. ^ "Oil proved reserves - New Zealand". statbase.org.
  73. ^ "New Zealand - Crude Oil Reserves 2021". countryeconomy.com.
  74. ^ "Oil proved reserves - Kyrgyz Republic". statbase.org.
  75. ^ "Kyrgyzstan - Crude Oil Reserves 2021". countryeconomy.com.
  76. ^ "Oil proved reserves – Georgia". statbase.org.
  77. ^ "Georgia – Crude Oil Reserves 2021". countryeconomy.com.
  78. ^ "Energy industry in the Czech Republic". aenert.com.
  79. ^ "Energy and CO2 in Bulgaria". Worlddata.info.
  80. ^ "Oil proved reserves – Bulgaria". statbase.org.
  81. ^ "Bulgaria – Crude Oil Reserves 2021". countryeconomy.com.
  82. ^ "Upstream Oil & Gas in South Africa". saoga.org.za.
  83. ^ "Oil proved reserves – South Africa". statbase.org.
  84. ^ "Lietuvos naftos gavybos paslaptys: mažėja išgaunamas kiekis". JONAVOS ŽINIOS (in Lithuanian). Retrieved 22 September 2025.
  85. ^ "Lithuania – Crude Oil Reserves 2021". countryeconomy.com.
  86. ^ "Oil proved reserves – Tajikistan". statbase.org.
  87. ^ "Tajikistan – Crude Oil Reserves 2021". countryeconomy.com.
  88. ^ "Mozambique - Oil and Gas Industry - The Energy Year". 21 November 2014.
  89. ^ "Greece Oil reserves". TheGlobalEconomy.com.
  90. ^ "Greece – Crude Oil Reserves 2021". countryeconomy.com.
  91. ^ "Benin – Crude Oil Reserves". countryeconomy.com.
  92. ^ [7]
  93. ^ "Belize - Crude Oil Reserves 2021 | countryeconomy.com". countryeconomy.com.
  94. ^ "Energy and CO2 in Morocco". Worlddata.info.
  95. ^ Okebiorun, Olamilekan (11 February 2026). "Senegal launches $100 million onshore oil and gas plan after revoking licenses from Inactive operators". Business Insider Africa.
  96. ^ "Senegal launches US$100m onshore oil and gas plan after revoking inactive licenses". 13 February 2026.
  97. ^ "Oil in Timor-Leste". laohamutuk.org. 21 November 2005.
  98. ^ "Energy Circle". energycircle.org.
  99. ^ "About oil shale - TalTech". taltech.ee. 22 February 2021.
  100. ^ "Energy industry in Estonia". aenert.com.



Cite error: There are <ref group=note> tags on this page, but the references will not show without a {{reflist|group=note}} template (see the help page).

This article is issued from Wikipedia. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.