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Because proven reserves include oil recoverable under current economic conditions, nations may see large increases in proven reserves when known, but previously uneconomic deposits become economic to develop. In this way, Canada's proven reserves increased suddenly in 2003 when the oil sands of Alberta were seen to
This list of oil fields includes some major oil fields of the past and present. Countries by proven oil reserves 2017. The list is incomplete; there are more than 25,000 oil and gas fields of all sizes in the world. [1] However, 94 % of known oil is concentrated in fewer than 1,500 giant and major fields. [2]
Consuming less or importing more oil prolongs the useful life of existing oil reserves. Between 1970 and 2007, due to declining production and increasing demand, net US imports of oil and petroleum products increased from 3.16 million barrels per day (502 × 10 ^ 3 m 3 /d) in 1970 to 12.04 million barrels per day (1.914 × 10 ^ 6 m 3 /d) in ...
List of countries by proven oil reserves; F. Oil reserves in France; O. Oil industry in Scotland This page was last edited on 28 June 2020, at 03:07 (UTC). ...
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A map of world oil production (2013) Oil-producing countries (information from 2006 to 2012) This article includes a chart representing proven reserves, production, consumption, exports and imports of oil by country.
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The following is a list of notable companies in the petroleum industry that are engaged in petroleum exploration and production. The list is in alphabetical order by continent and then by country. This list does not include companies only involved in refining and marketing.