Proved reserves of crude oil rose 0.308% to 301 bil barrels in Venezuela in 2017, according to EIA.
Historically, proved reserves of crude oil in Venezuela reached an all time high of 301 bil barrels in 2017 and an all time low of 17.9 bil barrels in 1980.
Venezuela has been ranked 1st within the group of 96 countries we follow in terms of proved reserves of crude oil, 6 places above the position seen 10 years ago.
| Proved Reserves of Crude Oil | Unit | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| Bolivia | bil barrels | 0.465 | 0.210 | 0.210 | 0.210 | 0.210 | ||||||||||||||||
| Brazil | bil barrels | 12.9 | 14.0 | 13.2 | 15.0 | 15.3 | ||||||||||||||||
| Colombia | bil barrels | 1.90 | 1.99 | 2.20 | 2.38 | 2.45 | ||||||||||||||||
| Guyana | bil barrels | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Peru | bil barrels | 0.533 | 0.582 | 0.579 | 0.633 | 0.741 | ||||||||||||||||
| Puerto Rico | bil barrels | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Suriname | bil barrels | 0.079 | 0.072 | 0.077 | 0.093 | 0.089 | ||||||||||||||||
| Trinidad and Tobago | bil barrels | 0.728 | 0.728 | 0.728 | 0.728 | 0.728 | ||||||||||||||||
| Venezuela | bil barrels | 211 | 211 | 298 | 298 | 298 |
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