In 2023, the number of proved oil reserves in Thailand amounted to around 112 million barrels. In that year, the total amount of oil reserves in the country amounted to over 247 million barrels, with most of the oil reserves located offshore.
Number of oil reserves in Thailand in 2023, by type
(in million barrels)
Petroleum reserves are commonly divided into three categories: proved, probable, and possible. Proven reserves refers to the odds of commercial extraction of under 50 percent but higher than 10 percent. Probable reserves refer to the likelihood of extraction of over 50 percent but under 90 percent. Possible reserves refer to the likelihood of extraction at 90 percent or above.
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Ministry of Energy. (August 23, 2024). Number of oil reserves in Thailand in 2023, by type (in million barrels) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1304543/thailand-number-of-oil-reserves-by-type/
Ministry of Energy. "Number of oil reserves in Thailand in 2023, by type (in million barrels)." Chart. August 23, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1304543/thailand-number-of-oil-reserves-by-type/
Ministry of Energy. (2024). Number of oil reserves in Thailand in 2023, by type (in million barrels). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1304543/thailand-number-of-oil-reserves-by-type/
Ministry of Energy. "Number of Oil Reserves in Thailand in 2023, by Type (in Million Barrels)." Statista, Statista Inc., 23 Aug 2024, https://www.statista.com/statistics/1304543/thailand-number-of-oil-reserves-by-type/
Ministry of Energy, Number of oil reserves in Thailand in 2023, by type (in million barrels) Statista, https://www.statista.com/statistics/1304543/thailand-number-of-oil-reserves-by-type/ (last visited December 22, 2024)
Number of oil reserves in Thailand in 2023, by type (in million barrels) [Graph], Ministry of Energy, August 23, 2024. [Online]. Available: https://www.statista.com/statistics/1304543/thailand-number-of-oil-reserves-by-type/