Proved Oil Reserves in Barrels

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-	'''Reserves are classified in proved (P1), probable (P2), and possible (P3) depending on the probability of being converted into actual production.'''	+	'''Reserves are classified as proved (P1), probable (P2), or possible (P3) depending on the probability of being converted into actual production.''' Proved reserves are considered to have a 90% certainty of being produced, probable to have a 50% certainty, and possible to have at least a 10% certainty.

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Current revision

Reserves are classified as proved (P1), probable (P2), or possible (P3) depending on the probability of being converted into actual production. Proved reserves are considered to have a 90% certainty of being produced, probable to have a 50% certainty, and possible to have at least a 10% certainty.

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