Key oil major's proved hydrocarbon reserves 2022

Published by Statista Research Department, Jan 10, 2024
Saudi Aramco holds more proved reserves of hydrocarbons than any other oil company in the world. As of 2022, it reported nearly 259 billion barrels worth of oil and gas reserves, which was more than ten times the amount reported by ExxonMobil.

Proved oil and gas reserves of key oil companies worldwide in 2022, by company (in billion barrels of oil equivalent)

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Release date

2023

Region

Worldwide

Survey time period

2022

Supplementary notes

* Figures for Saudi Aramco based on terms of the Concession, which limits its exploration and development ability to certain areas.

Data was compiled by Statista, based on the annual reports of each company, as follows:

BP: The figure is taken from the company's 2022 annual report (page 35).
Chevron: The figure is taken from the company's 2022 annual report (pdf page 21).
Eni: The figure is taken from the company's 2022 annual report (page 15).
ExxonMobil: The figure is taken from the company's 2022 annual report (page 7).
Saudi Aramco: The figure is taken from the company's 2022 annual report (page 125)
Shell: The figure is taken from the company's 2022 annual report (page 19).
TotalEnergies: The figure is taken from the company's 2022 annual report (pdf page 184).

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