Oil reserves are the amount of technically and economically recoverable oil. Reserves may be for a well, for a reservoir, for a field, for a nation, or for the world. Different classifications of reserves are related to their degree of certainty. The total estimated amount of oil in an oil reservoir, including both producible and non-producible oi... Found on http://en.wikipedia.org/wiki/Oil_reserves
The amount of oil or gas that has been discovered and that can be extracted profitably, classified by the probability of successful extraction....more on Oil reserves Found on http://moneyterms.co.uk/i/
(Learning Modules / Geography / Geography of energy) The known quantities of oil that are economically exploitable under present market conditions Found on http://www.encyclo.co.uk/visitor-contributions.php