Gallery / Country Statistics: Crude Oil - Proved Reserves
Country Statistics: Crude Oil - Proved Reserves
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Environment
Modified
May 22, 2016

Crude oil - proved reserves is the stock of proved reserves of crude oil, in barrels (bbl). Proved reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.

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