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Total Proved Oil Reserves
| * More than 500 years. |
| ^ Less than 0.05. |
| w Less than 0.05%. |
| # Excludes Estonia and Latvia in 2006. |
| Notes: Total proved reserves of oil - Generally taken to be those quantities that geological and engineering information indicates with reasonable certainty |
| can be recovered in the future from known reservoirs under existing economic and operating conditions. The data series for total proved oil does not necessarily |
| meet the definitions, guidelines and practices used for determining proved reserves at company level, for instance as published by the US Securities and Exchange Commission, |
| nor does it necessarily represent BP’s view of proved reserves by country. |
| Reserves-to-production (R/P) ratio - If the reserves remaining at the end of any year are divided by the production in that year, the result is the length of time |
| that those remaining reserves would last if production were to continue at that rate. |
| Source of data - The estimates in this table have been compiled using a combination of primary official sources, third-party data from the OPEC Secretariat, World Oil, Oil & |
| Gas Journal and independent estimates of Russian reserves based on official data and Chinese reserves based on information in the public domain. |
| Canadian oil sands 'under active development' are an official estimate. Venezuelan Orinoco Belt reserves are based on the OPEC Secretariat and government announcements. |
| Reserves include gas condensate and natural gas liquids (NGLs) as well as crude oil. |
| Shares of total and R/P ratios are calculated using thousand million barrels figures. |
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