WORLD							CONVENTIONAL OIL ENDOWMENT												1999
	Ref. date	end 1999									Revised		4/29/2000	Gb (billion barrels)
		PRODUCTION			RESERVES					DISCOVERED				Disc.	Peak	Pk/	%	Dep.	DATES
			Cum.		Reported				Median		YET-TO-FIND			in	Disc/	Ult	Prod	Rate	Mid-	Peak
		kb/d	Prod.	5yr	World	O&GJ	Adjust	Factor	Prob.			YET-TO-PRODUCE		Giants	Prod				Dep.	Prod
	Country	1999	Gb	Trend	Oil		+/-		(P50)				ULTIMATE		Lag
1	Saudi Arabia	7450	85.9	-1%	259.10	261.00	0.00	0.80	208.8	294.7	15.3	224.1	310	85%	61	1.7%	28%	1.2%	2015	2009
2	FSU*	6848	135.3	-3%	66.64	57.00	-24.83	2.3	74.0	209.3	20.7	94.7	230	47%	24	2.0%	59%	2.5%	1991	1988
3		3976	165.2	-4%	22.01	21.03	-9.00	1.5	18.1	183.2	6.8	24.8	190	26%	41	1.8%	87%	5.5%	1970	1971
4	Iraq	2653	24.9	68%	98.98	112.50	-1.74	0.85	94.1	119.1	15.9	110.1	135	50%	81	1.8%	18%	0.9%	2021	2009
5	Iran	3462	50.4	-1%	92.87	89.70	-1.26	0.70	61.9	112.3	7.7	69.6	120	63%	13	1.9%	42%	2.1%	2006	1974
6	Kuwait	1633	29.0	-2%	92.36	94.00	-4.84	0.60	53.5	82.5	2.5	56.0	85	95%	71	1.4%	34%	1.1%	2013	2009
7	Abu Dhabi	1689	16.0	-2%	62.50	92.20	-6.09	0.70	60.3	76.3	3.7	64.0	80	70%	45	1.7%	20%	1.0%	2020	2009
8	Venezuela	2087	38.5	1%	45.50	72.60	-45.00	1.0	27.6	66.1	8.9	36.5	75	73%	29	0.6%	51%	2.0%	1998	1970
9	Mexico	2931	26.6	2%	28.40	28.40	0.00	0.8	22.7	49.3	5.7	28.4	55	53%	23	2.0%	48%	3.6%	2000	2000
10	China	3202	24.9	1%	33.52	24.00	0.00	2.0	25.4	50.4	2.6	28.1	53	43%	41	2.3%	47%	4.0%	2000	2000
11	Libya	1336	21.4	-1%	26.90	29.50	-2.02	0.85	23.4	44.7	3.3	26.6	48	62%	9	2.6%	45%	1.8%	2004	1970
12	Nigeria	1969	20.2	1%	22.50	22.50	-1.72	1.00	20.8	41.0	1.0	21.8	42	21%	12	2.1%	48%	3.2%	2000	1979
13	U.K.	2735	17.0	1%	5.15	5.15	0.00	2.6	13.4	30.4	0.6	14.0	31	42%	25	3.2%	55%	6.7%	1997	1999
14	Caspian	225	1.7	3%			0.00	1.0	5.0	6.7	23.3	28.3	30	0%	20	3.0%	6%	0.3%	2029	2030
15	Norway	2969	12.8	1%	11.90	10.79	0.00	1.4	15.1	27.9	1.1	16.2	29	45%	21	3.9%	44%	6.3%	2000	2000
16	Indonesia	1288	18.5	2%	8.64	4.98	-1.45	2.5	8.8	4.1	0.7	9.5	28	42%	22	2.2%	66%	4.7%	1990	1977
17	Canada	1100	17.6	-1%	5.58	4.93	-0.40	1.6	7.2	24.8	1.2	8.4	26	44%	15	2.4%	68%	4.5%	1988	1973
18	Algeria	766	11.2	0%	13.80	9.20	-2.88	1.75	11.1	22.3	2.7	13.8	25	54%	22	1.8%	45%	2.0%	2003	1978
19	N.Zone	500	6.0	3%	4.65	5.00	-1.35	2.00	7.3	13.3	0.7	8.0	14	68%	47	1.4%	43%	2.2%	2005	1998
20	Oman	895	6.0	1%	16.36	5.28	-0.33	1.3	6.4	12.4	0.6	7.0	13	32%	29	2.8%	46%	4.4%	2001	2001
21	Egypt	851	7.8	-2%	3.71	2.95	0.00	1.25	3.7	11.5	1.0	4.7	12.5	36%	22	2.6%	63%	6.2%	1994	1996
22	Qatar	633	6.0	8%	5.34	3.70	-1.19	2.3	5.8	11.8	0.2	6.0	12.0	57%	59	1.9%	50%	3.7%	1999	1999
23	Argentina	807	7.4	2%	2.59	2.75	0.00	1.1	2.9	10.3	0.7	3.6	11.0	28%	38	2.8%	68%	7.6%	1992	1998
24	India	661	4.9	0%	3.03	4.84	0.00	1.1	5.3	10.2	0.8	6.1	11.0	27%	28	2.5%	44%	3.8%	2002	2002
25	Colombia	825	5.1	9%	2.60	2.58	-0.30	2.0	4.6	9.6	0.9	5.4	10.5	39%	9	3.0%	48%	5.2%	2000	2000
26	Malaysia	727	4.5	2%	4.65	3.90	-0.53	1.1	3.7	8.2	0.8	4.5	9.0	12%	24	3.1%	50%	5.6%	1999	1997
27	Australia	474	5.0	-1%	1.77	2.90	-0.17	1.3	3.4	8.4	0.6	4.0	9.0	29%	26	2.3%	56%	4.2%	1996	1990
28	Angola	762	3.8	0%	4.03	5.41	-4.47	4.00	3.8	7.5	1.0	4.7	8.5	15%	30	3.6%	44%	5.6%	2001	2001
29	Romania	125	5.6	-2%	0.89	1.44	-0.05	1.0	1.4	7.0	0.5	1.9	7.5	21%	119	1.5%	75%	2.4%	1973	1976
30	Brasil	406	4.1	5%	7.50	7.36	-5.00	1.0	2.4	6.5	0.5	2.9	7.0	0%	11	3.0%	59%	4.9%	1995	1986
31	Ecuador	372	2.8	-1%	2.59	2.12	-0.56	1.9	3.0	5.8	0.3	3.3	6.10	37%	31	2.3%	47%	4.0%	2000	2000
32	Syria	537	3.2	-2%	2.30	2.50	-1.04	1.5	2.2	5.4	0.6	2.8	6.00	33%	29	3.7%	54%	6.6%	1998	1995
33	Dubai	301	3.4	-1%	1.01	4.00	-0.04	0.3	1.0	4.4	0.3	1.3	4.75	0%	21	3.3%	72%	7.7%	1990	1991
34	Gabon	339	2.5	-1%	2.57	2.50	-1.25	1.20	1.5	4.0	0.5	2.0	4.50	40%	11	3.0%	56%	5.9%	1997	1996
35	Brunei	151	2.8	0%	1.02	1.35	-0.51	1.6	1.3	4.1	0.1	1.5	4.25	74%	13	2.1%	66%	3.6%	1987	1978
36	Trinidad	124	3.1	-1%	0.60	0.61	0.00	1.0	0.6	3.67	0.33	0.93	4.00	15%	22	2.2%	77%	4.6%	1980	1981
37	Yemen	406	1.2	4%	1.85	4.00	-1.09	0.6	1.7	2.98	0.52	2.27	3.50	14%	25	5.1%	35%	6.1%	2003	2003
38	Peru	103	2.2	-3%	0.77	0.36	0.00	2.0	0.7	2.93	0.57	1.28	3.50	14%	122	2.1%	63%	2.9%	1987	1983
39	Congo	240	1.2	7%	1.70	1.51	-0.09	0.80	1.1	2.36	0.64	1.78	3.00	17%	18	3.4%	41%	4.7%	2002	2002
40	Germany	55	1.9	-1%	0.35	0.36	0.00	1.2	0.4	2.29	0.21	0.64	2.50	0%	15	2.3%	74%	3.0%	1977	1967
41	Vietnam	190	0.5	1%	2.00	0.60	-0.20	4.0	1.6	2.10	0.40	1.99	2.50	20%	32	4.1%	21%	3.4%	2007	2007
42	Denmark	293	0.9	11%	0.88	1.07	0.00	1.0	1.0	1.95	0.30	1.32	2.25	0%	30	5.2%	42%	7.5%	2001	2001
43	Italy	101	0.8	0%	0.61	0.62	-0.04	1.5	0.9	1.66	0.14	1.01	1.80	0%	21	2.4%	44%	3.5%	2002	2002
44	Tunisia	83	1.1	-1%	0.29	0.31	-0.03	1.75	0.5	1.60	0.15	0.63	1.75	46%	10	2.5%	64%	4.6%	1991	1981
45	Bahrain	102	1.1	-1%	n.a.	0.15	0.00	1.0	0.15	1.27	0.23	0.38	1.50	67%	62	2.6%	75%	8.9%	1985	1993
46	Cameroon	125	0.96	4%	0.66	0.40	-0.52	-4.00	0.50	1.45	0.05	0.54	1.50	0%	10	4.4%	64%	7.8%	1994	1986
47	Turkey	68	0.78	0%	0.30	0.30	0.00	0.9	0.27	1.04	0.16	0.42	1.20	0%	23	2.5%	65%	5.5%	1992	1992
48	Netherlands	59	0.79	-3%	0.11	0.11	0.00	2.0	0.21	1.00	0.10	0.31	1.10	0%	6	3.0%	72%	6.4%	1989	1987
49	Sharjah	70	0.43	8%	n.a	1.50	-0.18	0.3	0.40	0.82	0.18	0.57	1.00	0%	25	2.5%	43%	4.3%	2005	2005
50	Papua	100	0.28	0%	0.56	0.33	-0.04	1.5	0.44	0.73	0.22	0.67	0.95	0%	6	4.9%	30%	5.2%	2003	1993
51	Thailand	75	0.29	9%	0.39	0.30	-0.03	1.8	0.47	0.76	0.14	0.61	0.90	0%	23	3.9%	32%	4.3%	2004	2004
52	Austria	21	0.76	0%	0.09	0.09	0.00	1.2	0.10	0.86	0.04	0.14	0.90	57%	7	2.8%	84%	5.1%	1970	1955
53	France	31	0.69	-8%	0.13	0.11	-0.01	1.5	0.14	0.84	0.06	0.21	0.90	0%	30	2.8%	77%	5.2%	1986	1988
54	Hungary	24	0.68	-6%	0.05	0.11	0.00	0.5	0.05	0.73	0.17	0.22	0.90	0%	13	1.9%	75%	3.8%	1983	1977
55	Albania	6	0.53	-8%	0.18	0.17	-0.04	1.3	0.16	0.69	0.11	0.27	0.80	0%	58	3.7%	66%	0.7%	1986	1986
56	Pakistan	52	0.40	-1%	0.21	0.21	-0.06	1.3	0.20	0.60	0.15	0.35	0.75	0%	9	3.7%	54%	5.2%	1997	1992
57	Bolivia	28	0.39	0%	0.15	0.13	-0.03	2.0	0.20	0.59	0.11	0.31	0.70	0%	8	2.5%	55%	3.2%	1996	1974
58	Philippines	1	0.05	-14%	0.31	0.29	0.00	1.1	0.32	0.36	0.24	0.55	0.60	0%	0	5.2%	8%	0.1%	2011	2011
59	Chile	9	0.41	-2%	0.08	0.15	-0.01	0.5	0.07	0.48	0.07	0.14	0.55	0%	22	2.7%	75%	2.3%	1981	1982
REGIONS
1	ME Gulf	17387	212	2.7%	610.5	654.4	-15.3	0.8	485.9	698	46	532	744	70%	60	1.5%	29%	1.2%	2015	2008
2	Eurasia	10430	167	-1.1%	101.3	82.7	-35.9	2.3	106.0	273	49	155	322	41%	36	1.2%	52%	2.4%	1997	2000
3	N.America	5076	183	-2.5%	27.6	26.0	-9.4	1.5	25.3	208	8	33	216	28%	42	1.8%	85%	5.5%	1972	1972
4	L.America	7692	91	5.0%	90.9	117.0	-50.9	1.0	64.7	155	18	83	173	55%	21	1.7%	52%	3.4%	1998	1998
5	Africa	6471	70	2.3%	76.2	74.3	-13.0	1.1	66.3	136	10	77	147	42%	18	1.7%	48%	3.0%	2000	1979
6	W.Europe	6263	36	6.6%	19.2	18.3	0.0	1.7	31.3	67	3	34	69	38%	24	3.2%	51%	6.3%	1998	1998
7	East	3719	37	1.3%	22.6	19.7	-3.0	1.5	25.6	63	4	30	67	33%	30	2.1%	56%	4.4%	1996	1997
8	ME.Other	3010	22	3.9%	16.4	21.4	-3.9	1.0	18.0	40	3	21	43	34%	35	2.6%	52%	4.9%	1998	1998
9	Other	365	4	4.5%	0.0	2.4	1.1	1.2	4.2	8	0	4	8
10	Unforeseen										10	10	10
	Non-Swing	43025	594	1.6%	354	362	-115	1.38	341	935	121	462	1056	33%	37	1.5%	56%	3.4%	1994	1997
WORLD		60411	822	1.9%	965	1016	-130	0.93	827	1649	151	978	1800	48%	40	1.2%	46%	2.2%	2003	2005
OTHER LIQUID HYDROCARBONS				(tentative and uncertain)
"Heavy" etc		2000	16						44	(currently deemed producible)										2030
Polar		1050	14						6	19	6	11	25							1988
Deepwater		1200	2						25	27	58	83	85							2012
NGL/condensate		4300	50						160	210	40	200	250							2033
Unidentified		2039	9						10	19	6	16	25
	subtotal	10589	90						245	275	110	310	385							2013
TOTAL		71000	912						1072	1924	261	1289	2185							2010
Conventional oil exludes NGL; condensate; oil from coal and "shale"; bitumen; Extra-Heavy oil; Heavy oil (10-17.5API); polar oil; deepwater oil (>500m WD) enhanced recovery
(revisiting an old field)  N-America is US-48 and Canada; Eurasia is China, FSU, & E. Europe; Europe is Norway to Italy; ME-Gulf is Abu Dhabi, Iran, Iraq,Kuwait, NZ and Saudi Arabia;
Unforeseen is unforeseen discovery or reserve revision anywhere; Other is small or non-producing; Non-Swing is World ex ME Gulf. "Adjust" removes non-conventional and cum. prod. of
periods of unchanged O&GJ reports. "Factor" converts reported Proved to Median Probability.
ALL ESTIMATES SUBJECT TO MODIFICATION BASED ON NEW INFORMATION AND INTERPRETATION OF UNRELIABLE INPUT DATA