The Middle East accounts for nearly half of proved oil reserves worldwide, with approximately 836 billion barrels located in the region in 2020. Meanwhile, the Americas held reserves adding up to more than 560 billion barrels that year. According to the source, oil reserves are taken to be those quantities that geological and engineering information indicates with reasonable certainty can be recovered in the future from known reservoirs under existing economic and operating conditions.
Proved oil reserves worldwide from 1992 to 2020, by region (in billion barrels)
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Statistics on Oil industry in Latin America
Overview
6
- Premium Statistic Global oil reserves 1992-2020, by region
- Premium Statistic Global oil production share 2010-2021, by region
- Premium Statistic Number of oil and gas rigs by world region October 2022
- Premium Statistic Number of active oil rigs in Latin America 2021, by country
- Premium Statistic Global oil exporters 2021, by region
- Premium Statistic Largest global crude oil importers 2021
Crude Oil Prices
5
- Premium Statistic Crude oil export prices in Mexico 2019-2022
- Premium Statistic Venezuela's Merey average crude oil price 2019-2022
- Premium Statistic Ecuador's average Oriente crude oil price 2019-2022
- Premium Statistic Brazil's crude oil export prices 2019-2022
- Basic Statistic Ecopetrol's average crude oil price 2014-2022
Reserves and Production
8
- Basic Statistic Latin America: proved crude oil reserves 2021, by country
- Premium Statistic Latin America: crude oil reserves 1990-2020
- Premium Statistic Oil production in Latin America & the Caribbean 2009-2021
- Basic Statistic Crude oil production in Latin America & the Caribbean 2021, by country
- Premium Statistic Oil production in Brazil 2008-2021
- Premium Statistic Oil production in Mexico 2008-2021
- Premium Statistic Oil production in Venezuela 2008-2021
- Premium Statistic Oil production in Colombia 2009-2021
Foreign Trade
6
- Premium Statistic Oil export volume in Latin America 2010-2021
- Premium Statistic Petroleum export value from Brazil 2010-2021
- Basic Statistic Pemex's crude oil export value 2009-2021
- Premium Statistic Crude oil export value from Colombia 2010-2021
- Premium Statistic Crude oil import value in Brazil 2010-2021
- Premium Statistic Petroleum import value in Chile 2015-2021
Major Players
7
- Premium Statistic Latin America: top national oil companies 2020, by revenue
- Premium Statistic Petrobras' revenue 2009-2021
- Basic Statistic Pemex's net sales 2009-2021
- Premium Statistic YPF's annual revenue 2015-2021
- Premium Statistic Ecopetrol's sales revenue 2014-2021
- Premium Statistic ENAP's revenue 2015-2021
- Premium Statistic EP Petroecuador's annual revenue 2014-2021
Further related statistics
19
- Proved oil reserves in Libya 1990-2020
- Proved oil reserves of United Arab Emirates 1990-2020
- Proved crude oil reserves in the U.S. 1990-2020
- Proved oil reserves in North America 1990-2020
- Middle East crude oil reserves by selected country 2015
- Proved crude oil reserves in Canada 1997-2020
- Proved oil reserves in Europe and CIS by country 2010-2020
- Oil reserves in Alaska, U.S. 1980-2020
- Oil reserves in the U.S. 2020, by state
- Oil reserves in Italy 2005-2021
- Global oil reserves share by country 2010-2020
- Global distribution of oil reserves by region 2010-2020
- Countries with greatest recoverable oil reserves by reserve category 2020
- Proved oil reserves share worldwide by country 2019
- Buyers of Russia's ESPO blend oil in 2013 by country
- Global support for crude oil expansion 2019/20, by country
- Total non-current assets of Tap Oil Limited Australia 2014-2018
- ADNOC Offshore upper Zakum shareholder distribution UAE 2019
- Change in industrial production index of oil and gas in Algeria 2010-2020
Further Content: You might find this interesting as well
Statistics
- Proved oil reserves in Libya 1990-2020
- Proved oil reserves of United Arab Emirates 1990-2020
- Proved crude oil reserves in the U.S. 1990-2020
- Proved oil reserves in North America 1990-2020
- Middle East crude oil reserves by selected country 2015
- Proved crude oil reserves in Canada 1997-2020
- Proved oil reserves in Europe and CIS by country 2010-2020
- Oil reserves in Alaska, U.S. 1980-2020
- Oil reserves in the U.S. 2020, by state
- Oil reserves in Italy 2005-2021
- Global oil reserves share by country 2010-2020
- Global distribution of oil reserves by region 2010-2020
- Countries with greatest recoverable oil reserves by reserve category 2020
- Proved oil reserves share worldwide by country 2019
- Buyers of Russia's ESPO blend oil in 2013 by country
- Global support for crude oil expansion 2019/20, by country
- Total non-current assets of Tap Oil Limited Australia 2014-2018
- ADNOC Offshore upper Zakum shareholder distribution UAE 2019
- Change in industrial production index of oil and gas in Algeria 2010-2020
BP. (July 8, 2021). Proved oil reserves worldwide from 1992 to 2020, by region (in billion barrels) [Graph]. In Statista. Retrieved March 26, 2023, from https://www.statista.com/statistics/271614/oil-reserves-by-region/
BP. "Proved oil reserves worldwide from 1992 to 2020, by region (in billion barrels)." Chart. July 8, 2021. Statista. Accessed March 26, 2023. https://www.statista.com/statistics/271614/oil-reserves-by-region/
BP. (2021). Proved oil reserves worldwide from 1992 to 2020, by region (in billion barrels). Statista. Statista Inc.. Accessed: March 26, 2023. https://www.statista.com/statistics/271614/oil-reserves-by-region/
BP. "Proved Oil Reserves Worldwide from 1992 to 2020, by Region (in Billion Barrels)." Statista, Statista Inc., 8 Jul 2021, https://www.statista.com/statistics/271614/oil-reserves-by-region/
BP, Proved oil reserves worldwide from 1992 to 2020, by region (in billion barrels) Statista, https://www.statista.com/statistics/271614/oil-reserves-by-region/ (last visited March 26, 2023)
Proved oil reserves worldwide from 1992 to 2020, by region (in billion barrels) [Graph], BP, July 8, 2021. [Online]. Available: https://www.statista.com/statistics/271614/oil-reserves-by-region/