Industry Dynamics

Which country has the most oil? All the world's records about oil are here.

Venezuela
In recent years, Venezuela has proven oil reserves of 296 billion barrels, making it the country with the largest proven oil reserves in the world. However, in terms of oil exports, it still compares with Saudi Arabia.

2. Saudi Arabia
   Saudi Arabia has the largest oil reserves in the world, and 90% of its national economy comes from the export of oil fuels. Saudi Arabia's oil reserves are 265 billion barrels, making it the country with the highest oil reserves in the world.

3. Iran
   Iran is rich in oil and natural gas resources. Part of the oil produced in Iran is sold domestically, and part is exported. Iran's proven oil reserves are 132.5 billion barrels.

4. Iraq
   Iraq's economic system is mainly based on oil exports, but it also has a certain amount of agriculture and animal husbandry. Iraq's proven oil reserves are 115 billion barrels.

5. Kuwait
   Kuwait mainly relies on oil exports and natural resources as the pillar of its national economy. Kuwait's proven oil reserves are 99 billion barrels.

6. United Arab Emirates (UAE)
   The UAE is rich in oil and natural gas resources and is currently a major oil-exporting country in the world. The UAE's proven oil reserves are 97.8 billion barrels.

7. Russia
   Russia is the country with the richest natural resources in the world, with abundant resources such as oil, natural gas, minerals, and rare metals. Russia's proven oil reserves are 72.3 billion barrels.

   
   

8. Kazakhstan
   Kazakhstan is rich in natural resources. In addition to having a large amount of oil reserves, it also has a large number of ore resources, among which the uranium ore reserves are the largest in the world. Kazakhstan's proven oil reserves are 39.6 billion barrels.

9. Libya
   Libya is rich in crude oil resources, with proven oil reserves of 39.1 billion barrels. Libya's crude oil production reaches 1.6 million barrels per day, with domestic consumption of about 250,000 barrels per day and net exports of about 1.2 million barrels per day.

10. Nigeria
    Nigeria is the largest oil-producing country in Africa. Nigeria's proven oil reserves have reached 35.3 billion barrels.

A Summary of the World's Records in Petroleum

1. The term "petroleum" was first proposed in the "Taiping Guangji" compiled during the Northern Song Dynasty (977 AD) in China. It was officially named "petroleum" according to the description in the "Dream Pool Essays" by the outstanding scientist Shen Kuo (1031-1095) of the Northern Song Dynasty in China. He named it based on the fact that this kind of oil "is produced by the water's edge among sand and stones, mixed with spring water, and gushes out faintly". Before the term "petroleum" appeared, abroad, oil was called "the devil's sweat", "luminous water", etc., and in China, it was called "stone fat water", "fierce fire oil", "stone paint", etc.

2. The world's earliest oil well is the one in the Arlika area near the ancient Persian capital of Susa. Oil production began there more than 2,500 years ago.

3. In the 1970s, the world's deepest oil well was the Bolts Rogers No. 1 well in the United States. The well depth was 9,583 meters. Drilling started on January 25, 1972, and was completed in May 1974. In 1992, it was the Kola Superdeep Borehole (CY-3) on the Kola Peninsula in the Soviet Union (now in Russia). It was designed in 1966, drilling started in 1970, and by July 1992, the well depth was 12,260 meters, which is currently the deepest oil well in the world.

4. The world's oil well with the highest daily production per well is the Cerro Azul No. 4 well in the Golden Lane oil field in Mexico. The initial daily oil production was 37,140 tons.

5. The world's largest oil field is the Ghawar oil field in Saudi Arabia. It was discovered in 1948, with a total area of 2,300 square kilometers and recoverable oil reserves of 11.2 billion tons. The highest annual production was 280 million tons in 1981.

6. The world's largest proven and the largest sandstone oil field is the Burgan oil field in Kuwait. The recoverable reserves reach 9.9 billion tons. It was discovered in 1928 and developed in 1964. It belongs to the Cretaceous sandstone, with an area of 700 square kilometers and an oil layer thickness of 1,082-1,462 meters.

7. The country with the largest oil reserves in the world is Venezuela, with proven recoverable oil reserves of 296 billion tons, accounting for about one-fourth of the world's recoverable oil reserves.

8. The country with the most exploration and production wells in the world is the United States. By the end of 1982, there were a total of 2.8 million wells, accounting for 73.7% of the world's total, among which there were 600,000 production wells, and the total footage was 1.9 billion meters.

9. The world's deepest oil reservoir is a certain reservoir in the Fittom oil field in Italy, with a depth of 6,212 meters and a daily oil production of 650 tons.

10. The world's super-high-yield oil well with the longest stable production period is Well No. 35 in the Gachsaran oil field in Iran. When it was put into production in 1961, two oil pipelines with a diameter of 152 mm were used, with a daily production of 16,600 tons. In 1974, two pipelines with a diameter of 203 mm were used for oil production, with a daily production of 19,000 tons.

11. The world's million-ton oil field at the highest altitude is the Qinghai Oilfield in China, with an average altitude of 2,900-3,000 meters (completed in 1991).

12. The countries with the largest number of oil wells with a daily production of 10,000 tons are Iran and Mexico, each with four wells, accounting for 66% of the world's known 10,000-ton oil fields.

13. The largest oil pumping unit is the Lufkin Mike pumping unit in the United States, which is as tall as a five-story building.

14. The world's oil well at the highest altitude is Well Lion 20 in Huatugou of the Qinghai Oilfield in China. In April 1992, the XJ250 workover rig manufactured by the Jianghan Oilfield Machinery Factory in China was used to restore the production of Well Lion 20, which had been shut down for 5 years.

15. The discoverer of natural gas was Li Bing, a great engineer during the Warring States period (3rd-2nd century BC) in China. When Li Bing was building water conservancy projects and drilling salt wells in Linqiong (now Qionglai) in Sichuan, he discovered natural gas, which was then called a "fire well".

16. The world's earliest gas well is the fire well in Linqiong, Sichuan, China (now Qionglai County), which was drilled in the Western Han Dynasty (30 BC).

17. The country with the highest natural gas production in the world is the Soviet Union. In 1990, it produced 815 billion cubic meters of natural gas, accounting for 30% of the world's total gas production. From the 1960s to the 1980s, the United States had always ranked first in the world.

18. The world's first gas well with a depth exceeding 1,000 meters is the Xinghai Well in Changyan Tang, Daxue District Street, Zigong, Sichuan, China. The well was drilled in 1835, with a well depth of 1,001.42 meters, and the daily gas production at the time of completion was 8,500 cubic meters.

19. The world's largest gas field is the Urengoy gas field in the Soviet Union. The proven and controlled natural gas reserves reach 8.09 trillion cubic meters, and the highest annual production is 311 billion cubic meters.

20. The world's highest-yielding gas well is the discovery well in the Urta-Bulak gas field in the Soviet Union. In 1963, a reef limestone gas reservoir was discovered at a well depth of 2,180 meters, and the initial daily gas production was 13 million cubic meters.

21. The world's deepest gas reservoir is the Silurian gas reservoir in the Anadarko Basin in the United States, with a depth of 8,309-8,322 meters.

22. The gas well with the longest production time is Well Decheng in the Ziliujing gas field in China. It started gas production in 1762, and in 1955, the daily gas production was still 1,200 cubic meters. It lasted for 193 years, with a cumulative gas production of 420 million cubic meters.

23. The world's gas field with the largest distribution area is the Panhandle-Hugoton gas field in the United States discovered in 1918. It spans 19 counties, with an area of 20,235 square kilometers. The proven natural gas reserves are 3,144.2 billion cubic meters, ranking fifth in the world.

24. The world's earliest oil field for industrial exploitation is the oil field in the Ploiești oil region in Romania, which began in 1857.

25. The world's earliest gas field for industrial exploitation is the Ziliujing gas field in Sichuan, China. It began industrial exploitation at the latest in 1573.

26. The country with the most oil and gas fields in the world is the United States. Currently, there are approximately 18,000 oil and gas fields, accounting for 54.5% of the world's total.

27. So far, about 40,000 oil fields of various sizes have been discovered in the world, and more than 30,000 of them have been put into production.

28. The world's largest heavy oil belt is the Orinoco Heavy Oil Belt in Venezuela, with a geological reserve of 46 billion tons, accounting for 56.7% of the world's heavy oil reserves.

29. The country that first started offshore oil drilling and exploitation is the United States, which began drilling and oil production in 1887 and 1947 respectively.

30. The world's earliest discovered offshore oil field is the Huntington Beach oil field off the coast of California in the United States, which was discovered in 1920.

31. The largest offshore oil field is the Safaniya oil field in Saudi Arabia, with recoverable reserves of 4.36 billion tons.

32. The largest offshore oil production platform is the main production platform of the Ninian oil field in the North Sea, UK. It has a diameter of 139 meters and a height of 236 meters.

33. The deepest offshore oil and gas exploration well is the COSTG-2 well drilled in the Atlantic Ocean in 1977, with a well depth of 6,670 meters.

34. The world's largest fracturing vessel - the Western Revival launched in Singapore, with a length of 93 meters, will operate in the North Sea oil and gas fields of the UK, Norway, Denmark, and the Netherlands.

35. The largest oil tanker is the expanded "Seawise Giant" of Japan, with a length of 458 meters, a width of 58 meters, a height of 30 meters, and a deadweight of 563,000 tons.

36. The world's most expensive drill worker's bed is in the North Sea oil field in the UK. The bed of a drill worker costs 150,000 pounds per year.

37. China is the country that first built long-distance pipelines in the world. Hundreds of years ago, China used bamboo to make pipelines in Sichuan, called "jian". This kind of bamboo pipeline was used in 12 Ziliujing wells, with a total length of one or two hundred kilometers.

38. The world's longest oil pipeline is the pipeline of the Interstate Oil Pipeline Company in the United States, which connects Edmonton, Alberta, Canada, and Buffalo, New York, USA. It is 2,856 kilometers long, with thirteen pumping stations in the middle, and the daily oil transportation is 31,367 tons. (It is predicted that the Siberian oil pipeline will be 3,732 kilometers long).

39. The largest and longest gas pipeline is the Urengoy-Pomary-Uzhhorod main gas pipeline in the Soviet Union completed in 1966, with a total length of 4,450 kilometers and a pipe diameter of 420 millimeters.

40. The world's highest-altitude crude oil pipeline is the Huatugou-Golmud oil pipeline in Qinghai, China. It is 430 kilometers long, with an average altitude of 2,900 meters.

41. The largest oil refinery is the Hovensa Refinery on the US Virgin Islands, with an annual crude oil processing capacity of 36.4 million tons.

42. The largest natural gas processing plant is the Orenburg processing plant in the Soviet Union, which can process 50 billion cubic meters of sour natural gas annually, produce 4-5 million tons of condensate oil, and 2 million tons of sulfur.

43. The largest ground oil storage depot is the Kagoshima Inlet Oil Depot in Japan. It has 30 oil tanks with a capacity of 100,000 cubic meters each and 24 oil tanks with a capacity of 150,000 cubic meters each, with a total capacity of 6.6 million cubic meters. The entire base has 380 staff members.

44. The world's largest integrated upstream and downstream company was announced on June 15, 1993, as Saudi Aramco in Saudi Arabia (after the country's Samarec was merged into Aramco). The original Aramco was jointly built in 1933 by four US oil companies (Chevron, Exxon, Texaco, and Mobil). In 1976, Saudi Arabia purchased the assets of these companies in Aramco. In 1988, Aramco became completely owned by Saudi Arabia and became Saudi Arabia's oil company.

45. The world's first fully automated drilling rig was used on the Draugen platform of Shell Norway in Stavanger.

46. The Norwegian Well 33/9-C2, which was drilled from August 28, 1992, to January 26, 1993, is the world's longest extended-reach horizontal well, with a horizontal extension of 7,290 meters. The double-speed TDS3 Varco top drive drilling rig manufactured in the mid-1980s was used. This drilling rig can be applied to drill pipes with a diameter of 168.27 millimeters.

47. The American Amoco Corporation first developed the small-diameter deep well drilling rig, which is the famous SHADS high-speed formation drilling system. The NOSe and NO2 wells were drilled from May to September 1992, with a total well depth of 3,816 meters.

48. The world's first gasoline-powered car was the "engine carriage" manufactured by Karl Friedrich Benz. In 1885, this three-wheeled car weighing 250 kilograms first ran in Mannheim, West Germany, with a speed of up to 16 kilometers per hour.

49. Asia is the main trading region for liquefied natural gas in the world; Japan is the world's largest importer of liquefied natural gas, and Indonesia is the world's largest exporter of liquefied natural gas.

50. The country with the largest consumption and import volume of crude oil is the United States. The highest annual consumption reached 955 million tons, and the annual import volume of crude oil and refined oil products was as high as 511 million tons.

51. Records of the Geographical Locations of Oil and Gas Fields:
    (1) The northernmost - the Romaine Point gas field in Canada, at more than 80 degrees north latitude;
    (2) The southernmost - the Aviles oil field on the Tierra del Fuego Island in Argentina, at more than 51 degrees south latitude;
    (3) The westernmost - the oil and gas fields in the Arctic Slope region of Alaska, USA, at 153.5 degrees west longitude;
    (4) The easternmost - the Kapuni gas field in New Zealand, at 174 degrees east longitude.

52. The world's first offshore drilling platform was established in 1896 off the coast of California, USA. Drilling history under the water began from a simple wooden raft. In 1911, the world's first offshore drilling platform was built in the sea between Louisiana and Texas in the United States.

53. The world's first steel underground oil tank was built in 1985 by Nippon Mining Company. Two steel oil tanks with a diameter of 90 meters, a depth of 50 meters, and a total capacity of 130,000 cubic meters were completed at the Mizushima Refinery.

54. The world's largest natural gas power plant is located near Ray City, south of Tehran.