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Oil R/P ratios - World
This clustered bar chart shows world oil R/P (reserve to production) ratios for alternate years from 1983 to 2007. R/P ratios are measured in years.

Image with a graph of Oil R/P ratios - World
Oil R/P ratios - World
  Units 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007
Oil: Reserves/Production ratios [3] - Years (from 1980) Years                          
World - Oil R/P ratio Years 35.2 36.8 41.0 43.0 42.3 42.1 41.4 40.6 41.2 41.5 42.9 41.1 41.6

(3) Reserves/Production (R/P) ratio - If the reserves remaining at the end of any year are divided by the production in that year, the result is the length of time that those remaining reserves would last if production were to continue at that rate.


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