However, 94% of known oil is concentrated in fewer than 1,500 giant and major fields. [2] Most of the world's largest oilfields are located in the Middle East , but there are also supergiant (>10 billion bbls ) oilfields in Brazil, Mexico, Venezuela, Kazakhstan, and Russia.

Stacker looks at the largest oil fields in the world, from the U.S. to the Middle East. A mix of onshore and offshore fields, which produce millions of barrels of oil daily, top the list.

Apr 7, 2015 · According to a new Energy Information Administration report, these massive fields account for 20.6 billion of the 36.5 billion barrels of oil, or 56 percent of the total.

Jun 11, 2024 · The largest oil reserves in the world are in Venezuela, which possesses 303 billion barrels. Second is Saudi Arabia, with 267 billion barrels, and third is Iran, with 208 billion barrels. Which Countries Have The Most Powerful Economies For Their Citizens?

Aug 19, 2024 · The Ghawar Field in Saudi Arabia is the largest oilfield in the world, with an estimated 170 billion barrels of original oil in place. The Burgan Field in Kuwait, the Ahvaz Field in Iran, the...

May 22, 2019 · The 15 countries with the largest proven oil reserves span five continents and control between 12.8 billion barrels to 303.2 billion barrels of oil.

The world's 932 giant oil and gas fields are considered those with 500 million barrels (79,000,000 m 3) of ultimately recoverable oil or gas equivalent. [1] Geoscientists believe these giants account for 40 percent of the world's petroleum reserves .

Jan 2, 2025 · The Largest Oil Field Ever Found: Ghawar, Saudi Arabia. Ghawar takes the crown as the largest oil field ever found in the world. Located in the eastern region of Saudi Arabia, this massive oil field spans approximately 174 miles in length and 16 miles in width.

Mar 24, 2023 · The world’s largest oil field, Saudi Arabia’s Ghawar Field, for instance, produces around 4 million barrels of oil per day, accounting for well over 1/3 of Saudi Arabia’s total...

Mar 27, 2023 · The world's largest oil field, Saudi Arabia's Ghawar Field produces around 4 million barrels of oil per day and has huge reserves.