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This is roughly 10% of the world's total proven petroleum reserves. At 2020 rates of production, Iran's oil reserves would last 145 years if no new oil was found. According to NIOC, Iran recoverable liquid hydrocarbon reserves at the end of 2006 was 138.4 billion barrels. [2]
Map of countries with proven oil reserves - according to US EIA (start of 2017) Trends in proven oil reserves in top five countries, 1980–2013 (data from US Energy Information Administration) A map of world oil reserves according to OPEC, January 2014
While the estimate of world crude oil reserves remained nearly steady between 2001 and 2006, at 1,154 billion barrels (1.835 × 10 11 m 3), the estimate of Iran's oil reserves was revised upward by 32 percent when a new field was discovered near Bushehr.
Iran has the second largest oil reserves in the world, and the third largest exporter of it. [citation needed] By the end of 2009, Iranian oil R/P ratio was 89.4 years which is the world's highest. [29] By 2009, Iran had 52 active rigs and 1,853 producing oil wells. [30] Iran possesses abundant fuels from which to generate energy.
This article includes a chart representing proven reserves ... By default countries are ranked by their total proven oil reserves. ... Iran: 208,600,000,000: 1 ...
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According to BP, Iran has 137.6 billion barrels (2.188 × 10 10 m 3) of proven oil reserves and 29.61 trillion cubic meters of proven gas reserves. Iran ranks third in the world in oil reserves and second in gas reserves. [citation needed] It is responsible for applying the principle of Iranian ownership and sovereignty over oil and gas ...
Source: BP 2011 Statistical Energy Review. Saudi Arabia continues to dominate production. It has the largest oil reserves in the Middle East, and the second largest in the world after Venezuela.