World Map Oil Reserves. This Map Shows All The Oil Reserves In The World. Slightly less than half of the worlds proven reserves are located in the Middle East including Iran but not North Africa.
According to Ecotricity the world will be out of oil in 2052 if we would use the same amount of oil we use today. Here is a look at the worlds largest oil reserves by country. It is built to assist academic research and teaching as well as the general public.
Proven 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.
Following the Middle East are Canada and the United States Latin America Africa and the region made up of Russia Kazakhstan and other countries that were once part of the Soviet Union. Geological Survey estimated undiscovered technically recoverable mean resources of 46 billion barrels of oil and 561 trillion cubic feet of gas in the Lower Silurian Shale Total Petroleum System of the Arabian. This Map Shows All The Oil Reserves In The World. Oil reserves denote the amount of crude oil that can be technically recovered at a cost that is financially feasible at the present price of oil.
