Possible oil reserves: related pages
Oil reserves
The amount of oil or gas that has been discovered and that can be extracted profitably, classified by the probability of successful extraction.
Proven oil reserves
Oil reserves are those that are known to exist and be exploitable to a high degree of certainty.
Probable oil reserves
Unproven oil reserves which have a better than 50% chance of being technically and commercially producible.
Mineral Reserves
The economically mineable part of the measured and indicated mineral resources.
Barrel of oil
In the oil industry, a barrel is 42 US gallons, approximately equal to 159 litres.
Boe (barrels of oil equivalent)
A single number combining the volumes of oil and gas production.
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