Table 11.4  World Crude Oil and Natural Gas Reserves, January 1, 2008




Region and Country		 Crude Oil Natural Gas



Region and Country		 Crude Oil Natural Gas
Oil & Gas Journal World Oil Oil & Gas Journal World Oil Oil & Gas Journal World Oil Oil & Gas Journal World Oil
Billion Barrels Trillion Cubic Feet Billion Barrels Trillion Cubic Feet
North America
 211.6 57.5 309.8 314.1 Middle East ..................................... 748.3 727.3 2,548.9 2,570.2
  Canada
 1 178.6 2 25.2 58.2 58.3 Bahrain .......................................... .1 NR 3.3 NR
  Mexico
 11.7 11.1 13.9 18.1 Iran ................................................ 138.4 137.0 948.2 985.0
  United States
 21.3 21.3 237.7 237.7 Iraq ................................................ 115.0 126.0 111.9 91.0
 
           Kuwait 6.......................................... 104.0 99.4 56.0 66.3
Central and South America
 109.9 104.8 261.8 247.0 Oman ............................................ 5.5 5.7 30.0 32.0
  Argentina
 2.6 2.7 15.8 16.5 Qatar ............................................. 15.2 20.0 905.3 903.2
  Bolivia
 .5 .5 26.5 28.0   Saudi Arabia 6................................ 266.8 264.8 253.1 254.0
  Brazil
 12.2 12.5 12.3 12.9 Syria ............................................ 2.5 2.9 8.5 12.1
  Chile
 .2 .0 3.5 1.0 United Arab Emirates ................... 97.8 68.1 214.4 196.3
  Colombia
 1.5 1.5 4.3 6.7 Yemen .......................................... 3.0 2.7 16.9 16.8
  Cuba
 .1 .7 2.5 .8   Other 3........................................... (s) .7 1.3 13.6
  Ecuador
 4.5 4.8 NA .3          
  Peru
 .4 .4 11.9 12.0 Africa .............................................. 114.8 114.7 489.6 504.2
  Trinidad and Tobago
 .7 .6 18.8 16.7 Algeria ........................................... 12.2 11.9 159.0 160.0
  Venezuela
 87.0 81.0 166.3 152.0 Angola ........................................... 9.0 9.5 9.5 5.7
  Other 3
 .2 .2 (s) (s) Cameroon ...................................... .2 NR 4.8 NR
 
         Congo (Brazzaville) ....................... 1.6 1.9 3.2 4.1
Europe 4
 14.3 13.8 172.0 169.0 Egypt ............................................. 3.7 3.7 58.5 68.5
  Austria
 .1 .1 .6 1.1 Equatorial Guinea .......................... 1.1 1.7 1.3 3.4
  Croatia
 .1 .1 1.0 1.1 Gabon ............................................ 2.0 3.2 1.0 2.5
  Denmark
 1.2 1.1 2.5 2.6 Libya .............................................. 41.5 36.5 50.1 52.8
  Germany
 .4 .2 9.0 5.2 Mozambique .................................. .0 .0 4.5 .0
  Hungary
 (s) .1 .3 .6 Nigeria ........................................... 36.2 37.2 184.0 184.5
  Italy
 .4 .4 3.3 3.0 Sudan ............................................ 5.0 6.7 3.0 4.0
  Netherlands
 .1 .2 50.0 48.8 Tunisia ........................................... .4 .6 2.3 3.5
  Norway
 6.9 6.7 79.1 81.7   Other 3............................................ 1.9 1.8 7.6 15.4
  Poland
 .1 .2 5.8 4.7          
  Romania
 .6 .5 2.2 4.2 Asia and Oceania 4......................... 34.3 40.0 415.4 527.6
  Serbia
 .1 NR 1.7 NR Australia ......................................... 1.5 4.2 30.0 151.9
  United Kingdom
 3.6 3.6 14.6 14.0 Bangladesh .................................... (s) NR 5.0 NR
  Other 3
 .8 .7 1.9 2.1 Brunei ............................................ 1.1 1.1 13.8 11.0
 
         Burma ............................................ .1 .2 10.0 15.0
Eurasia 5
 98.9 126.0 2,014.8 2,104.0 China ............................................. 16.0 18.1 80.0 61.8
  Azerbaijan
 7.0 NR 30.0 NR India ............................................... 5.6 4.0 38.0 31.8
  Kazakhstan
 30.0 NR 100.0 NR Indonesia ....................................... 4.4 4.5 93.9 92.0
  Russia 
 60.0 76.0 1,680.0 1,654.0 Japan ............................................. (s) NR .7 NR
  Turkmenistan
 .6 NR 100.0 NR Malaysia ........................................ 4.0 5.5 83.0 88.0
  Ukraine
 .4 NR 39.0 NR New Zealand ................................. .1 .1 1.0 2.0
  Uzbekistan
 .6 NR 65.0 NR Pakistan ........................................ .3 .3 28.0 29.8
  Other 3
 .3 50.0 .8 450.0 Papua New Guinea ....................... .1 .2 8.0 14.7
 
         Thailand ......................................... .5 .4 11.7 11.2
 
         Vietnam ......................................... .6 1.3 6.8 8.2
 
          Other 3........................................... .2 .2 5.5 10.2
 
                  
 
         World ............................................ 1,332.0 1,184.2 6,212.3 6,436.0
1Comprises 5.4 billion barrels of conventional crude oil and condensate and 173.2 billion barrels of
bitumen in Alberta's oil sands.		 6Data for Kuwait and Saudi Arabia include one-half of the reserves in the Neutral Zone between Kuwait
and Saudi Arabia.
2World Oil states the following about its Canadian crude oil reserves estimate: "conventional crude
reserves are 4.9 Bbbl [billion barrels].  Alberta's estimates of established oil sands reserves of 174 Bbbl are
not proved; that would require at least 350 Tcf [trillion cubic feet] of gas delivered to northern Alberta,
and/or implementation of future technologies.  Oil sands reserve estimate is based on 50 years times
current production capacity."		 NA=Not available.  NR=Not separately reported.  (s)=Less than 0.05 billion barrels.  
3Includes data for those countries not separately reported. Notes:  ·  All reserve figures are proved reserves, except as noted.  ·  Totals may not equal sum of
components due to independent rounding.
4Excludes countries that were part of the former U.S.S.R.  See "Union of Soviet Socialist Republics
(U.S.S.R.)" in Glossary. 		 Web Page:  For related information, see http://www.eia.doe.gov/international.
5Includes only countries that were part of the former U.S.S.R.  See "Eurasia" and "Union of Soviet
Socialist Republics (U.S.S.R.)" in Glossary. 		 Sources:  United States:  Energy Information Administration, U.S. Crude Oil, Natural Gas, and Natural
Gas Liquids Reserves, 2007 Annual Report.  All Other Data:  PennWell Corporation, Oil & Gas Journal,
Vol. 105.48 (December 24, 2007) and Gulf Publishing Company, World Oil, Vol. 229, No.9 (September
2008).