10 world leaders in oil production

Review of the best according to the editors. About the selection criteria. The the material is subjective, is not advertising and is not serves as a guide to the purchase. Before purchase is needed consultation with a specialist.

On every continent of our planet there are a number of countries that otherwise, significant success in the development of the oil industry and took a confident position in the global market. Rating of the best periodically changes: new giants enter the “team” of oil giants players, and some leave her. Who took the place in the top ten in 2019? Everything turned out to be expected, but not without chess permutations.

On the distribution of world oil reserves

Of course, the energy sector of the future will undergo significant changes by betting on renewable sources. And then have to hurry to decide how to quickly and safely dispose of hundreds oil rigs around the world. But today it is oil that is most valuable resource and major driving force for most economies of the world, bringing profit and benefits.

To understand why in the list of leaders in terms of production it’s just one country that turned out to be oil products just figure out the oil distribution scheme the planet. Everything is simple and very uneven: more than 60% of all deposits are located in the Middle East. Speech about the Persian Gulf.

Another 13% of the deposits are “hidden” in the Americas: the center this zone is considered Alaska, Canadian Alberta, Venezuela, which by the will of fate does not even fall into the top ten and the sea shelf today Gulf of Mexico. About 10% of oil reserves are Central Asian countries. The remainder is scattered throughout the territory Indonesian basin, Australia, Oceania, etc.

World leaders in oil production

Nomination a place Country Production volume
World leaders in oil production 1 USA 12.1 MILLION BARRELS DAY
2 Russia 10.7 MILLION BARRELS DAY
3 Saudi Arabia 9.6 MILLION BARRELS DAY
4 Iraq 4.6 MILLION. BARRELS DAY
5 Canada 4.2 MILLION. BARRELS DAY
6 China 3.8 MILLION. BARRELS DAY
7 UAE 3.1 MILLION BARRELS DAY
8 Kuwait 2.7 MILLION. BARRELS DAY
9 Brazil 2.6 MILLION. BARRELS DAY
10 Iran 2.2 MILLION. BARRELS DAY

United States (12.1 million barrels per day)

Rating: 5.0

USA

Until 2015, the United States was not even one of the top ten states selling “black gold” to the world market. But for several years the situation dramatically changed. Today, American oil policy industry obeys a simple rule: “the more, the better. “Which is not surprising since the population in recent years rapidly increased its “appetite” and today the amount of consumed for the needs of the country, oil far exceeds its available reserves. AND they are colossal – the state reserve is estimated at approximately 1.4 billion barrels.

Therefore, states have to import raw materials from their neighbors. Paradoxically, it is a fact: the leader in oil production in the world is one of the largest importers of “black gold”. In April 2019, the country set a new world record for daily oil production – 12.2 million barrels per day. It became possible thanks to two Texas state (famous shale mining center) and Gulf of Mexico, where large shelf projects.

The rapid progress of the country’s oil industry is due to healthy investment climate and actively implemented modern technology. This ensured the rapid development of new deposits. and the use of unconventional sources of valuable raw materials like shale and bitumen sand.

Russia (10.7 million barrels per day)

Rating: 4.9

Russia

This is not the first year that Russia has been a constant participant in dozens the best in oil production: the country accounts for about 11% of world indicators of extracted raw materials. Despite this impressive position at the oil market, Russia so far cannot boast the intensity of oil development and the level of used in this technology process. The main obstacle to this is geographical location of most of Russia’s oil reserves.

The fact is that impressive reserves of raw materials are located in underdeveloped Far East, inaccessible Siberia and the Arctic territories. Given these reserves, Russian oil deposits can be considered no less impressive than in the USA – about 100 billion barrels.

In recent years, there has been a steady trend in change. mining structure of “black gold”: the share of mined increased gas condensate. This was made possible through involvement in oil development of gas reserves in Western Siberia. By the way, exactly Russia’s oil industry is its leading industry and includes not only mining, but also processing, production, and, of course, marketing. About 1/3 of the country’s exports in monetary terms it takes oil.

Saudi Arabia (9.6 million barrels per day)

Rating: 4.8

Saudi Arabia

Unfortunately for myself, the country has lost in the last couple of years superiority in the volume of extracted oil products, but this is not yet means that she lost the lead in influencing the global market oil. Saudi Arabia for many years included in OPEC (intergovernmental organization that controls oil quotas) and often dictates prices to the global market.

The country was one of the first to focus on development its oil industry, starting in 1946. It took only 3 years to radically change the course of the industry: at present time, almost half of the country’s GDP falls on production oil and oil production.

The largest consumers of Arabian products are countries East Asia and another member of the top ten – the United States. Deposits Saudi Arabian oil is impressive, because in its territory 1/5 of the world’s black gold reserves are located: about 270 billion. barrels. Such indicators indicate that the country is still a long time lingers on the world stage.

It is noteworthy that until 2011, the oil reserves of Saudi Arabia was the largest in the world until Venezuela announced its proven reserves of raw materials – about 297 billion barrels. But still, the level of development of the oil industry of this country has not yet allowed it linger in the top ten oil giants.

Iraq (4.6 million barrels per day)

Rating: 4.7

Iraq

It is one of the leaders not only in terms of oil production, but also by the number of its deposits on its territory: proven The country’s reserves amount to more than 145 billion barrels of valuable raw materials. The hydrocarbon reserves are incredibly large: Iraq ranks third in the world in their quantity, and the proceeds from the sale of this raw material is about 90% of the country’s total income.

Some 15 years ago, the state did not even dream of such the rapid development of its oil industry: an invasion of US forces hit the oil industry and Iraq’s economy as a whole. Since 2010, when the UN Security Council canceled economic sanctions imposed on the country, a turning point moment.

In parallel, one of the largest tender in the history of Iraq was held. on the sale of rights to develop and produce oil fields. The result was a rapid leap in the development of the oil industry. Today Iraq is one of the world’s black exporters gold “: it supplies about 5% of the global volume to the market oil.

Canada (4.2 million barrels per day)

Rating: 4.6

Canada

The country of maple leaves is not in vain considered one of the most active oil producers in the world: its valuable deposits are about 180 billion barrels and Canada is doing everything possible to maximize effective and quick extraction from their bowels. The predominant part of oil reserves is in tar sands. By the way, this is a rather unconventional type of fuel useful fossil. The fact is that the so-called oil sands considered one of the most difficult to obtain.

Nevertheless, the country is actively developing technology and gradually builds up the power of its oil industry. To Canada about 5% of the world daily oil production. Moreover, the country considered the main American exporter. Proven reserves Canada’s “black gold” exceeds 178 billion barrels, which accounts for approximately 13% of all world reserves.

China (3.8 million barrels per day)

Rating: 4.5

China

The socialist giant has been actively developing for more than half a century oil fields on its territory, stably giving about 5% of the total world oil production. And over the last few years, the state’s oil industry began to rapidly increase revolutions. Unfortunately, this did not particularly affect the quality indicators: rapid economic development and an impressive number residents do not allow the level of oil production to exceed its level consumption.

So, in 2009, China overtook the United States in number energy consumption, thereby intercepting a palm tree championship held by them for a century (!).

China’s proven reserves are quite modest – only 20 billion. barrels. Nevertheless, China does not despair and relies on development of oil production technologies. Hydraulic fracturing in their number.

UAE (3.1 million barrels per day)

Rating: 4.4

UAE

The United Arab Emirates is a federation of 7 equal territorial units (emirates) and have very advantageous economic and geographical position – in the south of Persian the bay. And this region, as you know, literally “gushes” oil. The country’s share in daily world oil production is about 4%, and proven reserves reach 98 billion barrels.

One fact is noteworthy: almost 90% of all oil deposits located on the territory of one of the most famous and developed Emirates – Abu Dhabi. Since 2003, he has been a leader oil industry of the country. Although so far this emirate has been friendly to his brothers, it is not known how the situation can change in the future.

In recent years, the country began to pay increased attention. the search for new oil fields and the development of already discovered ones. At oil refining and marketing went by the wayside petroleum products. UAE is a major global exporter. The main Buyers – Japan, USA and Western Europe.

Kuwait (2.7 million barrels per day)

Rating: 4.3

Kuwait

Kuwait is considered the owner of large oil fields. The first wells of the country were launched back in 1938. On the today the country’s share in world daily oil production makes up about 3%. It is worth noting that after a 7-month occupation Iraqi countries in 1991, during which intensified attempts to destroy the oil industry, economy Kuwait has been hit hard. During this period, millions of tons of fuel fossils were simply drained into the Persian Gulf.

Today, Kuwait is confidently among the leaders in terms of volume. mining of “black gold”, 90% of which goes exclusively to export. And high rates of oil production provide decent standards of living. Estimated deposits of valuable raw materials countries are 104 billion barrels, and thanks to the active the introduction of the latest technology, this figure is constantly growing.

Brazil (2.6 million barrels per day)

Rating: 4.2

Brazil

Following the opening in 2006 of the largest in the Western Hemisphere deposits (Lula), located in Brazil, in the development of the country’s oil industry has come up. In recent years, this industry has become one of the leading in the country’s economy. Although the country does not refuse renewable energy sources. It’s about sugar cane fuel production. No wonder Brazil considered a bioenergy superpower.

Not so long ago, in the oil and gas basin of Santos discovered more one oil field, the “capacity” of which is estimated specialists amounted to more than 12 billion barrels. Analysts predict Lule peak performance by 2020 year. It is believed that this particular field has such a powerful potential to solve world problems with a lack of oil. To date, Brazil’s share in world oil production makes up about 3%.

Iran (2.2 million barrels per day)

Rating: 4.1

Iran

The country is conveniently located in the last place of our ten oil production giants, but that doesn’t mean that it has least impact on the oil market. Iran is a member of OPEC and often, along with Saudi Arabia, allows itself “liberties”, sometimes affecting the price of “black gold”.

In the 70s, Iran was deservedly considered one of the leaders in production oil, reaching its historical daily maximum of 6.6 million barrels. After the Islamic Revolution, the country within 30 s odd years did not return to such indicators, although discovered stocks over the years have increased almost 2 times. Introduced in 2011 year, a number of countries sanctions hurt the already shaky Iran’s oil industry and only their abolition allowed the industry rise from your knees.

Iranian oil fields feature cleanliness most of the raw materials, which allows you to do with little blood, using extracting the simplest technologies while minimizing material and labor costs. Country oil deposits are estimated approximately 157 billion barrels, which will ensure uninterrupted development of the country’s industry during centuries.


Attention! This rating is subjective, not advertising and does not serve as a guide to the purchase. Before the purchase consultation with a specialist is necessary.

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