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RESERVES DATA

TOP 20 NATIONS - OIL RESERVES

1. Venezuela

Reserves: 303 billion barrels

Daily Production: 943,000 barrels

Year First Found: 1914

Land Rigs: 20

Offshore Rigs: 10

 

2. Saudi Arabia

Reserves: 267 billion barrels

Daily Production: 10 million barrels

Year First Found: 1938

Land Rigs: 115

Offshore Rigs: 45

 

3. Iran

Reserves: 208.6 billion barrels

Daily Production: 3.9 million barrels

Year First Found: 1908

Land Rigs: 70

Offshore Rigs: 15

 

4. Canada

Reserves: 170.9 billion barrels

Daily Production: 4.5 million barrels

Year First Found: 1858

Land Rigs: 130

Offshore Rigs: 10

 

5. Iraq

Reserves: 145 billion barrels

Daily Production: 4.4 million barrels

Year First Found: 1927

Land Rigs: 60

Offshore Rigs: 5

 

6. United Arab Emirates

Reserves: 113 billion barrels

Daily Production: 3.0 million barrels

Year First Found: 1958

Land Rigs: 50

Offshore Rigs: 25

 

7. Kuwait

Reserves: 101.5 billion barrels

Daily Production: 2.6 million barrels

Year First Found: 1938

Land Rigs: 30

Offshore Rigs: 10

 

8. Russia

Reserves: 80 billion barrels

Daily Production: 11 million barrels

Year First Found: 1863

Land Rigs: 150

Offshore Rigs: 30

 

9. Libya

Reserves: 48.4 billion barrels

Daily Production: 1.2 million barrels

Year First Found: 1959

Land Rigs: 10

Offshore Rigs: 5

 

10. Nigeria

Reserves: 37.1 billion barrels

Daily Production: 1.3 million barrels

Year First Found: 1956

Land Rigs: 20

Offshore Rigs: 10

11. United States
Reserves: 55.25 billion barrels
Daily Production: 13 million barrels
Year First Found: 1859
Land Rigs: 781
Offshore Rigs: 23
 
12. Kazakhstan
Reserves: 30 billion barrels
Daily Production: 1.9 million barrels
Year First Found: 1899
Land Rigs: 35
Offshore Rigs: 5
 
13. Qatar
Reserves: 25.2 billion barrels
Daily Production: 1.75 million barrels
Year First Found: 1940
Land Rigs: 15
Offshore Rigs: 10
 
14. China
Reserves: 25.1 billion barrels
Daily Production: 5 million barrels
Year First Found: 1959
Land Rigs: 90
Offshore Rigs: 20
 
15. Brazil
Reserves: 16.2 billion barrels
Daily Production: 2.9 million barrels
Year First Found: 1939
Land Rigs: 40
Offshore Rigs: 35
 
16. Algeria
Reserves: 12.2 billion barrels
Daily Production: 978,000 barrels
Year First Found: 1956
Land Rigs: 15
Offshore Rigs: 5
 
17. Mexico
Reserves: 9.7 billion barrels
Daily Production: 1.7 million barrels
Year First Found: 1901
Land Rigs: 25
Offshore Rigs: 15
 
18. Angola
Reserves: 8.4 billion barrels
Daily Production: 1.2 million barrels
Year First Found: 1955
Land Rigs: 15
Offshore Rigs: 10
 
19. Oman
Reserves: 5.3 billion barrels
Daily Production: 998,000 barrels
Year First Found: 1962
Land Rigs: 10
Offshore Rigs: 5
 
20. Norway
Reserves: 5.1 billion barrels
Daily Production: 1.7 million barrels
Year First Found: 1969
Land Rigs: 20
Offshore Rigs: 25

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