Oil R/P ratios - by region 2008
This clustered bar chart shows world oil R/P (reserve to production) ratios for the year 2008 according to geographic region. R/P ratios are measured in years.
Units | 2008 | |
---|---|---|
Oil: Reserves/Production ratios [3] - Years (from 1980) | Years | |
North America - Oil R/P ratio | Years | 14.8 |
S. & Cent. America - Oil R/P ratio | Years | 50.5 |
Europe & Eurasia - Oil R/P ratio | Years | 22.1 |
Middle East - Oil R/P ratio | Years | 78.9 |
Africa - Oil R/P ratio | Years | 33.4 |
Asia Pacific - Oil R/P ratio | Years | 14.5 |
(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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