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Top Oil Reserve Countries

Name the 20 countries which have the most proven oil reserves.
Quiz by relessness
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First submittedJanuary 8, 2013
Last updatedJanuary 29, 2018
Times taken13,234
Rating4.79
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Mil. Barrels
Country
300,878
Venezuela
266,455
Saudi Arabia
169,709
Canada
158,400
Iran
142,503
Iraq
101,500
Kuwait
97,800
United Arab Emirates
Mil. Barrels
Country
80,000
Russia
48,363
Libya
39,230
United States
37,062
Nigeria
30,000
Kazakhstan
25,620
China
25,244
Qatar
Mil. Barrels
Country
12,999
Brazil
12,200
Algeria
8,273
Angola
8,273
Ecuador
7,640
Mexico
7,000
Azerbaijan
+6
level 79
Jan 30, 2018
I'm a bit surprised not to see Indonesia.
+17
level 82
Jan 31, 2018
I was expecting Norway.
+11
level 75
Feb 3, 2018
I was expecting both.
+2
level 43
Feb 12, 2018
Me too. Both.
+1
level 49
May 18, 2018
Possibly depends on reserves being offshore? Isn't a lot of Norway's oil production in the North Sea?
+3
level 49
May 18, 2018
Norway is actually #21, this list only having the top 20. Should have added Norway to make the table symmetric.
+1
level 54
Jul 7, 2019
Norway has actually a ton of Oil left in North sea. Were looking for Oil in barnets sea and norwegian sea but the People there is protesting. They want to keep the wildlife. Fish. Based ON small tests there is probably 100 000 barrels. One third of venezuela
+2
level 67
Feb 6, 2018
YAY level 65!
+1
level 51
May 18, 2018
Speaking about levels, I can't find a users ranking. Is there anywhere in the site?
+1
level 66
May 18, 2018
Check the blog.
+1
level 69
Mar 19, 2018
Ecuador? Who knew? Well, obviously a third of the people taking this quiz.
+1
level 69
May 18, 2018
Missed Ecuador again. Really expected to see Indonesia and Norway.
+5
level 69
May 18, 2018
If you add up all these numbers you get 1.579.149 Million barrels. The average consumption of oil in the world is about 95 million barrels per day (of which 20M by US, 15M by EU and 12M by China). This means that we have oil left for about 16.622 days or about 45 more years. This is when we take in account that the need for oil will not rise over time, which it will. On the other hand, the oilprice will rise when it becomes less accessable. At the moment we obtain oil which is easy to reach but over time we have to move to difficult to reach places and dig really deep to get to those last millions of barrels. That will mean that at that point it's cheaper to use alternatives than that last bit of oil available in the world.
+5
level 57
May 18, 2018
exactly what happened with coal... lots of people in the 1920s predicted a global breakdown due to coal shortage, but then oil was discovered and there's plenty of coal left
+5
level 49
May 18, 2018
Yeah let's all buy SUVs, everything is fine
+4
level 77
May 18, 2018
We have the technology to get off of oil now. Through some combination of solar, wind, geothermal, nuclear, hydroelectric, and biofuels power, along with efforts to reduce or make more efficient our present energy consumption, we could get off fossil fuels 100% within a generation.
But... we won't. Because there is still trillions of dollars in profit to be made from selling fossil fuels.
+9
level 77
May 18, 2018
There are other factors. New reserves are always being discovered. Existing discoveries are proven to be larger. And extraction and refining technology continues to improve and get cheaper making some reserves more economically viable to exploit, lowering prices.

Also, if we put that much carbon into the atmosphere we're all going to be die.
+4
level 69
May 18, 2018
Well, to be fair, we're all going to die whether or not we put that much carbon into the atmosphere. The real question is if future generations get the chance to live and die.
+1
level 46
May 22, 2018
Wow, you took time to write all that.
+1
level 36
Aug 19, 2018
This is current oil reserves. They keep finding new ones and technology advances so we can extract reserves that weren't previously accessible.
+1
level 45
May 18, 2018
Great quiz!
+6
level 69
May 18, 2018
This quiz really reveals the staggering depths of the Chavez-Maduro government's incompetence. World's largest oil reserves, moderate population and a well-developed country as a starting point. Yet now Venezuela is poor and getting poorer. Its people are desperate and hungry. Even the kleptocratic monarchies of the Gulf can convert oil into a decent standard of living.