Global Oil Reserves-to-Production Ratios, 2004
| Analytical Overview |
| Oil production data are collected from government sources, such as national statistical offices, and published data. BP plc compiled the oil reserves estimates in 2005, 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. The reserves figures shown do not necessarily meet the United States Securities and Exchange Commission definitions and guidelines for determining proved reserves nor necessarily represent BP's view of proved reserves by country. |
Map Projection
Geographic
Map Description
This map identifies the ratio of domestic oil reserves to the domestic rate of production, in years, for individual countries, as well as some regional totals. Reserves-to-production ratios measure the number of years that proved reserves would last at current production rates, providing a first-order gauge of each country’s production capacity and status of independent reserves. Note that nearly all countries (assuming no importation of oil) are expected to deplete their usable supply or “run dry” of oil before 2100.
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Citation:
World Resources Institute, 2005.
Sources:
- BP p.l.c.. 2005, Statistical Review of World Energy. London:BP p.l.c.
Available On-line at: Source Link.