Oil - Fossil fuel

Major countries

Rank

Country

Proved reserves
(billion barrels)

1.

Saudi Arabia

264.3

2.

Canada

178.8

3.

Iran

132.5

4.

Iraq

115.0

5.

Kuwait

101.5

6.

United Arab Emirates

97.8

7.

Venezuela

79.7

8.

Russia

60.0

9.

Libya

39.1

10.

Nigeria

35.9

11.

United States

21.4

12.

China

18.3

13.

Qatar

15.2

14.

Mexico

12.9

15.

Algeria

11.4

16.

Brazil

11.2

17.

Kazakhstan

9.0

18.

Norway

7.7

19.

Azerbaijan

7.0

20.

India

5.8

 

 

 

Top 20 countries

1224.5 (95%)

Rest of world

68.1 (5%)

World total

1,292.6

 

Greatest Oil Reserves by Country, 2006

 

NOTES: Proved reserves are estimated with reasonable certainty to be recoverable with present technology and prices.

 

Source: Oil & Gas Journal, Vol. 103, No. 47 (Dec. 19, 2005). From: U.S. Energy Information Administration.

 

Apex bodies

 

USA

 

Alabama Natural Gas Association (ANGA), Birmingham, Alabama,

Alaska Oil & Gas Association (AOGA), Anchorage, Alaska, USA

American Association of Petroleum Geologists (AAPG) , Tulsa, Oklahoma, USA

American Association of Professional Landmen (AAPL), Fort Worth, Texas, USA

American Gas Association (AGA), Washington, District of Columbia, USA

American Institute of Chemical Engineers (AIChE), New York, New York, USA

American Petroleum Institute (API) , Washington, District of Columbia, USA

American Public Gas Association (APGA), Fairfax , Virginia, USA

Association of American State Geologists (AASG),  ,  , USA

Association of Energy Engineers (AEE), Atlanta , Georgia, USA

Association of Energy Service Companies (AESC), Houston, Texas, USA

Association of Energy Services Professionals International (AESP), Jupiter , Florida, USA

Association of Professional Energy Consultants (APEC),  , Illinois, USA

Association of Texas Intrastate Natural Gas Pipelines

now Texas Pipeline Association, Austin, Texas, USA

California Independent Petroleum Association (CIPA), Sacramento, California, USA

Canadian Association of Petroleum Producers (CAPP), Calgary, Alberta, Canada

Canadian Energy Pipeline Association (CEPA) , Calgary, Alberta, Canada

Canadian Gas Association (CGA), Toronto, Ontario, Canada

Colorado Oil & Gas Association (COGA), Denver, Colorado, USA

Domestic Petroleum Council (DPC), Washington, District of Columbia, USA

East Texas Producers & Royalty Owners Association , Kilgore, Texas, USA

Eastern Kansas Oil & Gas Association (EKOGA), Chanute, Kansas, USA

Energy Association of Pennsylvania
formerly Pennsylvania Electric Association
formerly Pennsylvania Gas Association, Harrisburg, Pennsylvania, USA

Energy Bar Association (EBA)

formerly Federal Energy Bar Association
formerly Federal Power Bar Association, Washington, District of Columbia, USA

European Federation of Energy Traders (EFET), Amsterdam,  , The Netherlands

Florida Independent Petroleum Producers Association, Inc. (FLIPPA), Pensacola, Florida, USA

Florida Natural Gas Association (FNGA), Tallahassee, Florida, USA

Gas Processors Association (GPA), Tulsa, Oklahoma, USA

Gas Research Institute (GRI) / Gas Technology Institute (GTI), Des Plaines , Illinois, USA

Geological Society of America (GSA),  ,  , USA

Illinois Oil & Gas Association (IOGA), Mt. Vernon, Illinois, USA

Independent Oil and Gas Association of New York (IOGA of NY) (IOGANY)
, Lakeview, New York , USA

Independent Oil & Gas Association of Pennsylvania , Bradford, Pennsylvania, USA

Independent Oil & Gas Association of West Virginia (IOGA-WV)

IOGA of West Virginia, Inc. , Charleston, West Virginia , USA

Independent Oil Producers' Agency ,  , California, USA

Independent Oil Producers Association Tri-State (IOPA),  ,  , USA

Independent Petroleum Association of America (IPAA), Washington, District of Columbia, USA

Independent Petroleum Association of Mountain States (IPAMS) , Denver, Colorado, USA

Independent Petroleum Association of New Mexico (IPANM), Roswell, New Mexico , USA

Indiana Energy Association , Indianapolis, Indiana, USA

Indiana Oil & Gas Association (IOGA),  , Indiana, USA

International Association of Geophysical Contractors (IAGC) - Americas Office , Houston, Texas, USA

International Right of Way Association (IRWA), Torrance, California, USA

Interstate Natural Gas Association of America (INGAA), Washington, District of Columbia, USA

Kansas Independent Oil & Gas Association (KIOGA), Wichita, Kansas, USA

Kentucky Oil & Gas Association (KOGA) , Frankfort, Kentucky, USA

Liaison Committee of Cooperating Oil & Gas Associations ,  ,  , USA

Louisiana Oil & Gas Association (LOGA)
, Baton Rouge , Louisiana, USA

Lousiana Mid-Continent Oil and Gas Association , Baton Rouge , Louisiana, USA

Michigan Basin Geological Society , East Lansing, Michigan, USA

Michigan Oil and Gas Association (MOGA) , Lansing, Michigan, USA

Mid-Continent Oil & Gas Association of Oklahoma , Oklahoma City ,  Oklahoma, USA

Midwest Energy Association (MEA)
, Minnetonka, Minnesota, USA

Midwest Cogeneration Association (MCA), Western Springs , Illinois, USA

Mississippi Independent Producers and Royalty Owners (MIPRO) , Jackson, Mississippi, USA

Montana Petroleum Association (MPA), Helena, Montana, USA

Mountain States Legal Foundation (MSLF), Lakewood, Colorado, USA

National Association of Energy Service Companies (NAESCO) , Washington , District of Columbia, USA

National Association of Royalty Owners (NARO) , Norman, Oklahoma, USA

National Energy Marketers Association (NEM), Washington, District of Columbia, USA

National Energy Services Association (NESA) / Houston Energy Association (HEA), Houston, Texas, USA

National Petroleum Council (NPC), Washington, District of Columbia, USA

National Propane Gas Association (NPGA), Washington , District of Columbia, USA

National Stripper Well Association (NSWA),  , Oklahoma, USA

Natural Gas and Electric Power Society (NGEPS), Dallas, Texas, USA

Natural Gas & Energy Association of Oklahoma (NGEAO), Tulsa, Oklahoma, USA

Natural Gas Society of East Texas (NGSET) , Tyler, Texas, USA

Natural Gas Society of the Permian Basin (NGSPB), Midland, Texas, USA

Natural Gas Supply Association (NGSA), Washington , District of Columbia, USA

New Mexico Oil & Gas Association (NMOGA), Santa Fe, New Mexico, USA

New Orleans Geological Society (NOGS), New Orleans, Louisiana, USA

New York State Oil Producers Association (NYSOPA) ,  , New York, USA

North American Energy Standards Board (NAESB) , Houston, Texas, USA

North Dakota Petroleum Council , Bismarck , North Dakota, USA

North Texas Oil & Gas Association / Texas Alliance of Energy Producers , Wichita Falls, Texas, USA

Northeast Gas Association (NGA)

formerly The New England Gas Association (NEGA)

formerly New York Gas Association

formerly New York Gas Group (NYGAS), Needham Heights, Massachusetts, USA

Northwest Gas Association (NWGA), Portland, Oregon, USA

Ohio Oil & Gas Association (OOGA), Granville, Ohio, USA

Oklahoma Independent Petroleum Association (OIPA) , Oklahoma City, Oklahoma, USA

Oklahoma Mid-Continent Oil and Gas Association , Oklahoma City, Oklahoma, USA

Organization of Petroleum Exporting Countries (OPEC), Vienna,  , Austria

Panhandle Producers & Royalty Owners Association (PPROA), Amarillo, Texas, USA

Pennsylvania Oil & Gas Association , Harrisburg , Pennsylvania, USA

Permian Basin Geophysical Society (PBGS), Midland, Texas, USA

Permian Basin Landmen's Association (PBLA), Midland, Texas, USA

Permian Basin Petroleum Association (PBPA), Midland, Texas, USA

Permian Basin Society of Petroleum Engineers (SPE-PB), Richardson, Texas, USA

Petroleum Association of Wyoming (PAW), Casper , Wyoming, USA

Petroleum Marketers Association of America (PMAA), Arlington, Virginia, USA

Rocky Mountain Gas Association (RMGA)
, Salt Lake City, Utah, USA

Rocky Mountain Mineral Law Foundation (RMMLF), Westminster , Colorado, USA

Society of Exploration Geophysicists (SEG) , Tulsa, Oklahoma, USA

Society of Independent Professional Earth Scientists (SIPES) , Dallas, Texas, USA

Society of Petroleum Engineers (SPE), Richardson , Texas, USA

Society of Petroleum Evaluation Engineers (SPEE), Houston, Texas, USA

Society of Professional Well Log Analysts (SPWLA), Houston, Texas, USA

Society of Women Engineers (SWE), Chicago , Illinois, USA

South Texas Geological Society (STGS), San Antonio , Texas, USA

Southeastern Gas Association (SEGA), Willow Springs , North Carolina, USA

Southern Gas Association (SGA), Dallas, Texas, USA

Southwest Kansas Royalty Owners Association (SWKROA), Hugoton, Kansas, USA

Tennessee Oil & Gas Association (TOGA), Brentwood, Tennessee, USA

Texas Alliance of Energy Producers

formerly North Texas Oil and Gas Association (NTOGA)

formerly West Central Texas Oil and Gas Association (WCTOGA), Wichita Falls, Texas, USA

Texas Independent Producers & Royalty Owners Association (TIPRO), Austin , Texas, USA

Texas Oil & Gas Association (TXOGA), Austin, Texas, USA

Texas Pipeline Association (TPA)

formerly Association of Texas Intrastate Natural Gas Pipelines, Austin, Texas, USA

Texas Section of the American Institute of Professional Geologists (AIPG) ,  , Texas, USA

United States Energy Association (USEA) , Washington, District of Columbia, USA

Utah Petroleum Association (UPA), Bountiful , Utah, USA

West Central Texas Oil & Gas Association (WeCTOGA) / Texas Alliance of Energy Producers , Wichita Falls, Texas, USA

West Texas Geological Society (WTGS), Midland, Texas, USA

Western States Petroleum Association (WSPA), Sacramento , California , USA

http://www.energypersonnel.com/CrudeOilandNaturalGasAssociations.html

Malaysia

International Association of Geophysical Contractors (IAGC) - Asia Pacific Office, Kuala Lumpur ,   , Malaysia

 

UK

 

International Association of Geophysical Contractors IAGC) - EAME Office, Kent,  England, UK

 

France

 

International Energy Agency (IEA), Paris,  , France

 

Global demand supply

Link 1

Link 2

 

World oil exports, imports

 

Top World Oil Producers, Exporters, Consumers, and Importers, 2006

(millions of barrels per day)

 Producers1

Total oil
production

 Exporters2

Net oil
exports

 Consumers3

Total oil
consumption

 Importers4

Net oil
imports

 1. Saudi Arabia

10.72

 1. Saudi Arabia

8.65

 1. United States

20.59

 1. United States

12.22

 2. Russia

9.67

 2. Russia

6.57

 2. China

7.27

 2. Japan

5.10

 3. United States

8.37

 3. Norway

2.54

 3. Japan

5.22

 3. China

3.44

 4. Iran

4.12

 4. Iran

2.52

 4. Russia

3.10

 4. Germany

2.48

 5. Mexico

3.71

 5. United Arab Emirates

2.52

 5. Germany

2.63

 5. South Korea

2.15

 6. China

3.84

 6. Venezuela

2.20

 6. India

2.53

 6. France

1.89

 7. Canada

3.23

 7. Kuwait

2.15

 7. Canada

2.22

 7. India

1.69

 8. United Arab Emirates

2.94

 8. Nigeria

2.15

 8. Brazil

2.12

 8. Italy

1.56

 9. Venezuela

2.81

 9. Algeria

1.85

 9. South Korea

2.12

 9. Spain

1.56

10. Norway

2.79

10. Mexico

1.68

10. Saudi Arabia

2.07

10. Taiwan

0.94

11. Kuwait

2.67

11. Libya

1.52

11. Mexico

2.03

 

 

12. Nigeria

2.44

12. Iraq

1.43

 12. France

 1.97

 

 

13. Brazil

2.16

13. Angola

1.36

 13. United Kingdom

 1.82

 

 

14. Iraq

2.01

14. Kazakhstan

1.11

 14. Italy

 1.71

 

 

 

NOTE: OPEC members in italics.

1. Table includes all countries with total oil production exceeding 2 million barrels per day in 2006. Includes crude oil, natural gas liquids, condensate, refinery gain, and other liquids.

2. Includes all countries with net exports exceeding 1 million barrels per day in 2006.

3. Includes all countries that consumed more than 2 million barrels per day in 2006.

4. Includes all countries that imported more than 1 million barrels per day in 2006.

Source: Energy Information Administration (EIA). www.eia.doe.gov/emeu/cabs/ .

 

Top 10 Companies

 

Rank by
2006 Oil
Equivalent
Reserves




Company

Worldwide
Liquids Reserves,
Million
Barrels

Worldwide
Natural Gas Reserves,
Billion
Cubic Feet

Total Reserves
in Oil Equivalent Barrels,
Million Barrels

1

Saudi Arabian Oil Company (Saudi Arabia) 3

259,900

253,800

303,285

2

National Iranian Oil Company (Iran) 3

138,400

948,200

300,485

3

Qatar General Petroleum Corporation (Qatar)3

15,207

905,300

169,959

4

Iraq National Oil Company (Iraq) 2,3

115,000

119,940

134,135

5

Petroleos de Venezuela.S.A. (Venezuela) 3

99,377

170,920

128,594

6

Abu Dhabi National Oil Company (UAE)  3

92,200

198,500

126,132

7

Kuwait Petroleum Corporation (Kuwait) 3

101,500

55,515

110,990

8

Nigerian National Petroleum Corporation (Nigeria) 3

36,220

183,990

67,671

9

National Oil Company  (Libya) 2,3

41,464

50,100

50,028

10

Sonatrach (Algeria) 2,3

12,200

159,000

39,379

11

Gazprom (Russia)

0

171,176

29,261

12

OAO Rosneft (Russia)

17,513

25,108

21,805

13

PetroChina Co. Ltd. (China)

11,706

57,111

21,469

14

Petronas (Malaysia)

5,360

82,992

19,547

15

OAO Lukoil (Russia)

15,715

28

15,720

16

Egyptian General Petroleum Corp. (Egypt) 2

3,700

58,500

13,700

17

ExxonMobil Corporation (United States)

7,744

32,610

13,318

18

Petroleos Mexicanos (Mexico)

11,048

12,578

13,198

19

BP Corporation (United Kingdom)

5,492

41,130

12,523

20

Petroleo Brasilerio S.A. (Brazil)

9,613

12,547

11,578

21

Chevron Corporation (United States)

7,087

22,140

10,870

22

Royal Dutch/Shell  (Netherlands)

3,776

40,895

10,767

23

ConocoPhillips (United States)

6,320

25,438

10,668

24

Sonangol (Angola)3

9,035

9,530

10,664

25

Petroleum Development Oman LLC (Oman)

5,500

30,000

10,628

26

Total (France)

5,778

25,730

10,176

27

Statoil (Norway)

2,389

20,319

5,862

28

ENI (Italy)

3,925

11,204

5,840

29

Dubai Petroleum Company (United Arab Emirates) 2,3

4,000

4,000

4,684

30

Petroleos de Ecuador (Ecuador)3

4,517

NR

4,517

31

Pertamina (Indonesia) 3

903

20,538

4,414

32

EnCana Corp.  (Canada)

927

13,300

3,201

33

Occidental Petroleum Corporation (United States)

2,228

3,843

2,885

34

China National Offshore Oil Corp. (China)

1,490

6,232

2,555

35

Devon Energy Corporation (United States)

998

8,994

2,535

36

Anadarko Petroleum Corporation (United States)

1,014

8,504

2,468

37

Repsol YPF (Spain)

952

8,137

2,343

38

Canadian Natural Resources (Canada)

1,358

3,666

1,985

39

XTO Energy (United States)

308

9,441

1,922

40

Ecopetrol (Columbia)

1,450

2,439

1,867

41

Chesapeake Energy Corp. (United States)

124

10,137

1,856

42

Talisman Energy Ltd. (Canada)

749

5,464

1,683

43

Apache Corp. (United States)

1,134

2,446

1,552

44

EOG Resources (United States)

179

7,745

1,503

45

Romanian National Oil Co. (Romania) 2

863

3,550

1,470

46

BHP Billiton Ltd (Australia)

565

4,727

1,373

47

BG Group PLC (United Kingdom)

393

5,572

1,345

48

Hess Corp. (United States)

885

2,668

1,341

49

Marathon Oil Corp. (United States)

650

3,450

1,240

50

Shell Canada Ltd. (Canada)

808

1,400

1,047

Notes:

1 Ranked in order of 2007 worldwide oil equivalent reserves as reported in "OGJ 200/100", Oil & Gas Journal, September 15, 2008.
2 Information from Energy Information Administration Country Analysis Briefings.
3 OPEC member

http://www.petrostrategies.org/Links/Worlds_Largest_Oil_and_Gas_Companies_Sites.htm

 

Important Links

http://www.eia.doe.gov/emeu/international/petroleu.html .

http://www.infoplease.com/ipa/A0872964.html