Saudi Aramco holds more proved reserves of hydrocarbons than any other oil company in the world. As of 2023, it reported nearly 251 billion barrels worth of oil and gas reserves, which was more than ten times the amount reported by ExxonMobil.
Proved oil and gas reserves of key oil companies worldwide in 2023, by company
(in billion barrels of oil equivalent)
Figures for Saudi Aramco based on terms of the Concession, which limits its exploration and development ability to certain areas.
Data was compiled by Statista, based on the annual reports of each company, as follows:
BP: The figure is taken from the company's 2023 annual report (page 38). Chevron: The figure is taken from the company's 2023 annual report (page 6).Â
Eni: The figure is taken from the company's 2023 annual report (page 19). ExxonMobil: The figure is taken from the company's 2023 annual report (page 25). Saudi Aramco: The figure is taken from the company's 2023 annual report (page 129) Shell: The figure is taken from the company's 2023 annual report (page 10). TotalEnergies: The figure is taken from the company's 2023 annual report (pdf page 226).
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Statista. (September 11, 2024). Proved oil and gas reserves of key oil companies worldwide in 2023, by company (in billion barrels of oil equivalent) [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/215897/proved-oil-reserves-by-leading-world-gas-and-oil-companies/
Statista. "Proved oil and gas reserves of key oil companies worldwide in 2023, by company (in billion barrels of oil equivalent)." Chart. September 11, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/215897/proved-oil-reserves-by-leading-world-gas-and-oil-companies/
Statista. (2024). Proved oil and gas reserves of key oil companies worldwide in 2023, by company (in billion barrels of oil equivalent). Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/215897/proved-oil-reserves-by-leading-world-gas-and-oil-companies/
Statista. "Proved Oil and Gas Reserves of Key Oil Companies Worldwide in 2023, by Company (in Billion Barrels of Oil Equivalent)." Statista, Statista Inc., 11 Sep 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/215897/proved-oil-reserves-by-leading-world-gas-and-oil-companies/
Statista, Proved oil and gas reserves of key oil companies worldwide in 2023, by company (in billion barrels of oil equivalent) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/215897/proved-oil-reserves-by-leading-world-gas-and-oil-companies/ (last visited September 20, 2024)
Proved oil and gas reserves of key oil companies worldwide in 2023, by company (in billion barrels of oil equivalent) [Graph], Statista, September 11, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/215897/proved-oil-reserves-by-leading-world-gas-and-oil-companies/
