Algeria - Crude Oil including Lease Condensate Reserves

1,160.00 (thousand barrels per day) in December 2023

In December 2023, crude oil reserves for Algeria was 1,160 thousand barrels per day. Though Algeria crude oil reserves fluctuated substantially in recent months, it tended to decrease through January 2023 - December 2023 period ending at 1,160 thousand barrels per day in December 2023.

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What is crude oil reserves?

Proved reserves of crude oil as of January 1 of the report year are the estimated quantities of all liquids defined as crude oil, which geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from reservoirs under existing economic and operating conditions.

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What is Algeria crude oil reserves?