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The total proven reserves of the Ratawi oil field are around 10 billion barrels (1.6 × 10 9 m 3), and production will be centered on 250,000 barrels per day (40,000 m 3 /d). [ 1 ] In January 2025, French energy giant TotalEnergies announced that they were building a plant to process gas that was flared off from the Ratawi field.
Map of countries with proven oil reserves - according to US EIA (start of 2017) Trends in proven oil reserves in top five countries, 1980–2013 (data from US Energy Information Administration) A map of world oil reserves according to OPEC, January 2014
The deeper reservoirs, namely the Lower Cretaceous Ratawi and Minagish limestones and the Jurassic Marrat Formation also contain significant oil reserves but are less substantial. The Magwa and Ahmadi formation are separated from the Burgan formation by a normal fault cutting horizontally down through the whole structure.
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Crude oil export revenue by country (annually) A world map of countries by oil exportation, 2022 This is a list of oil-producing countries by oil exports based on data for 2022 by CEIC. Oil in this list refers to base crude oil only, and not refined petroleum products such as gasoline, diesel and airplane fuel.
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Under this definition (crude and condensate), total world oil production in 2023 averaged 81,804,000 barrels per day. Approximately 72% of world oil production came from the top ten countries, and an overlapping 35% came from the twelve OPEC members.
This page was last edited on 27 October 2024, at 16:56 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.