BP - Statistical Review data

Oil proved reserves - 1988/1998/2008
This stacked bar chart shows the world proved oil reserves according to geographic region for the years 1988, 1998 and 2008. Oil proved reserves are measured in thousand million barrels.

Image with a graph of Oil proved reserves - 1988/1998/2008

Oil proved reserves - 1988/1998/2008
	Units	1988	1998	2008
Oil: Proved reserves [1,2] - Thousand million barrels (from 1980)	'000 million barrels
Total North America - Proved oil reserves	'000 million barrels	100.0	65.3	70.9
Total S. & Cent. America - Proved oil reserves	'000 million barrels	69.2	95.6	123.2
Total Europe & Eurasia - Proved oil reserves	'000 million barrels	77.3	104.9	142.2
Total Middle East - Proved oil reserves	'000 million barrels	653.0	684.3	754.1
Total Africa - Proved oil reserves	'000 million barrels	59.0	77.2	125.6
Total Asia Pacific - Proved oil reserves	'000 million barrels	39.9	41.3	42.0

(1) Proved reserves are generally taken to be those quantities that geological and engineering information indicates with reasonable certainty can be recovered in the future from known reservoirs/deposits under existing economic and operating conditions.
(2) Source of data - The estimates in this table have been compiled using a combination of primary official sources, third-party data from the OPEC Secretariat, World Oil, Oil & Gas Journal and an independent estimate of Russian reserves based on information in the public domain. Canadian proved reserves include an official estimate of 22.0 billion barrels for oil sands 'under active development'. Reserves include gas condensate and natural gas liquids (NGLs) as well as crude oil.

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