In 2020, the ratio of global oil reserves to production, measured in years, was 53.5. This means that at the current level of production, global oil reserves will last another approximate 54 years before being depleted.
Proved oil reserves to production ratio worldwide from 1980 to 2020
(in years)
Characteristic
Reserves to production ratio in years
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
BP. (July 8, 2021). Proved oil reserves to production ratio worldwide from 1980 to 2020 (in years) [Graph]. In Statista. Retrieved July 07, 2024, from https://www.statista.com/statistics/682098/oil-reserves-to-production-ratio-worldwide/
BP. "Proved oil reserves to production ratio worldwide from 1980 to 2020 (in years)." Chart. July 8, 2021. Statista. Accessed July 07, 2024. https://www.statista.com/statistics/682098/oil-reserves-to-production-ratio-worldwide/
BP. (2021). Proved oil reserves to production ratio worldwide from 1980 to 2020 (in years). Statista. Statista Inc.. Accessed: July 07, 2024. https://www.statista.com/statistics/682098/oil-reserves-to-production-ratio-worldwide/
BP. "Proved Oil Reserves to Production Ratio Worldwide from 1980 to 2020 (in Years)." Statista, Statista Inc., 8 Jul 2021, https://www.statista.com/statistics/682098/oil-reserves-to-production-ratio-worldwide/
BP, Proved oil reserves to production ratio worldwide from 1980 to 2020 (in years) Statista, https://www.statista.com/statistics/682098/oil-reserves-to-production-ratio-worldwide/ (last visited July 07, 2024)
Proved oil reserves to production ratio worldwide from 1980 to 2020 (in years) [Graph], BP, July 8, 2021. [Online]. Available: https://www.statista.com/statistics/682098/oil-reserves-to-production-ratio-worldwide/