| Characteristic | Oil reserves in billion barrels |
|---|---|
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
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Source
Source
Release date
July 2021
More information
Region
Australia
Survey time period
2010 to 2020
Supplementary notes
Proved reserves of oil are generally defined as those quantities that are indicated by geological and engineering information to be, with reasonable certainty, recovered in the future from known reservoirs under existing economic and operating conditions. Reserves include gas condensate and natural gas liquids (NGLs) as well as crude oil.
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