Is this infographic accurate?:
I notice they show Kazakhstan and Nigeria but do not label them or give their reserves.
Keith_McClary wrote:Is this infographic accurate?:
radon1 wrote:Don't think so. If the reserves of Canadian and Venezuelan quality are taken into account everywhere, then Russia alone has over 1trl gbbls of those.
So, I'd say it's not too bad, if you want to use proven reserves by whatever assumptions the source provides. I see enough rough corroboration by other sources that the numbers overall seem at least "reasonable" re the top ten countries or so.
rockdoc123 wrote:So, I'd say it's not too bad, if you want to use proven reserves by whatever assumptions the source provides. I see enough rough corroboration by other sources that the numbers overall seem at least "reasonable" re the top ten countries or so.
the go-to source for country reserves data is the annual BP Energy report.
And not the commercial information available from IHS EDIN database, or RyStad's UCube?
rockdoc123 wrote:And not the commercial information available from IHS EDIN database, or RyStad's UCube?
I've never had access to Rystad but over the years I found IHS data (and before that Petroconsultants) and BP data to be pretty close. If I wanted detail on various countries with regards to individual fields etc IHS or WoodMac were the best sources. That being said, they source their information in pretty much the same way and they often quote each other for data the other might have been able to access they couldn't. Best thing is BP is free and well laid out.
WoodMac has some advantages in that they include forward projections based on their discussions with companies and press releases by operators in various countries.
rockdoc123 wrote:So, I'd say it's not too bad, if you want to use proven reserves by whatever assumptions the source provides. I see enough rough corroboration by other sources that the numbers overall seem at least "reasonable" re the top ten countries or so.
the go-to source for country reserves data is the annual BP Energy report. They do an exhaustive review annually and their numbers are consistent with the definition of Proven Reserves and consistent with individual country reporting. Many of these sites get their information from the BP reports, the problem being that many folks don't bother to look at the source of the information and the DATE of that information. Of course, Proven Reserve data from 2014 might just be a bit different than Proven Reserve data from 2017.
I just meant I could see a reasonable correlation to real world proven reserve figures from the last several years, so the data seems to be more or less grounded in reality, unlike various doomer blogs, etc.
I didn't claim it to be super accurate or anything. As I said, I'm a layman, and don't claim to know more than actual experts (unlike a certain fast crash doomer clown patrol and their take on economic
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