There were around 1.8 billion barrels of proved oil reserves in the United Kingdom as of 2022. This was the lowest value in the last six decades, with a notable decrease since the early 2000s. Many of the UK's reserves, which are largely located offshore in the North Sea, have been depleted.
Proved oil reserves in the United Kingdom (UK) in select years from 1960 to 2022 (in million barrels)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Oil industry in the UK
Overview
3
Production & consumption
6
- Premium Statistic Proved oil reserves in the United Kingdom 1960-2022
- Premium Statistic Oil production in the United Kingdom (UK) 2003-2022
- Basic Statistic Quarterly indigenous crude oil and NGLs production in the United Kingdom 2010-2023
- Premium Statistic Oil refinery capacity in the United Kingdom (UK) 2003-2022
- Premium Statistic Primary energy consumption in the United Kingdom (UK) 2020-2022, by fuel type
- Premium Statistic Oil consumption in the United Kingdom (UK) 2004-2022
Trade & prices
7
- Basic Statistic Value of trade in oil UK 1997-2023
- Premium Statistic Volume of trade in oil UK 1998-2023
- Basic Statistic Crude oil exports from the UK 2022, by destination
- Basic Statistic Oil liquids imports in the UK 2022, by country
- Basic Statistic Petroleum product imports in the UK 2022, by country
- Basic Statistic Brent crude oil price annually 1976-2024
- Basic Statistic Monthly crude oil price average for Brent 2022-2024
Companies
4
Retail & household expenditure
3
Further related statistics
15
- Oil consumption in Europe and CIS 2011-2022, by product group
- Oil consumption in Europe and CIS 2004-2022
- Reserves of natural gas in Italy 2000-2022
- Coal production in Europe 2022, by country
- Natural gas production in Norway 2005-2022
- Long-term oil import dependency outlook in the UK 2022-2050
- Natural gas production in Europe and CIS 2004-2022
- Proved natural gas reserves in Europe and CIS 1995-2020
- Hydropower consumption in Europe 2022, by country
- U.S. energy dependency 2004-2015
- Mexico's energy dependency 2004-2015
- Global natural gas consumption 1980-2012
- Number of power consumers in the United States by region
- UK: desire for more self-sufficiency in food & energy production 2019/2020, by age
- Average monthly electricity bill in New England
Further Content: You might find this interesting as well
Statistics
- Oil consumption in Europe and CIS 2011-2022, by product group
- Oil consumption in Europe and CIS 2004-2022
- Reserves of natural gas in Italy 2000-2022
- Coal production in Europe 2022, by country
- Natural gas production in Norway 2005-2022
- Long-term oil import dependency outlook in the UK 2022-2050
- Natural gas production in Europe and CIS 2004-2022
- Proved natural gas reserves in Europe and CIS 1995-2020
- Hydropower consumption in Europe 2022, by country
- U.S. energy dependency 2004-2015
- Mexico's energy dependency 2004-2015
- Global natural gas consumption 1980-2012
- Number of power consumers in the United States by region
- UK: desire for more self-sufficiency in food & energy production 2019/2020, by age
- Average monthly electricity bill in New England
Topics
Oil industry in the UKOPEC. (December 14, 2023). Proved oil reserves in the United Kingdom (UK) in select years from 1960 to 2022 (in million barrels) [Graph]. In Statista. Retrieved April 19, 2024, from https://www.statista.com/statistics/331958/proved-reserves-of-oil-in-the-united-kingdom-uk/
OPEC. "Proved oil reserves in the United Kingdom (UK) in select years from 1960 to 2022 (in million barrels)." Chart. December 14, 2023. Statista. Accessed April 19, 2024. https://www.statista.com/statistics/331958/proved-reserves-of-oil-in-the-united-kingdom-uk/
OPEC. (2023). Proved oil reserves in the United Kingdom (UK) in select years from 1960 to 2022 (in million barrels). Statista. Statista Inc.. Accessed: April 19, 2024. https://www.statista.com/statistics/331958/proved-reserves-of-oil-in-the-united-kingdom-uk/
OPEC. "Proved Oil Reserves in The United Kingdom (Uk) in Select Years from 1960 to 2022 (in Million Barrels)." Statista, Statista Inc., 14 Dec 2023, https://www.statista.com/statistics/331958/proved-reserves-of-oil-in-the-united-kingdom-uk/
OPEC, Proved oil reserves in the United Kingdom (UK) in select years from 1960 to 2022 (in million barrels) Statista, https://www.statista.com/statistics/331958/proved-reserves-of-oil-in-the-united-kingdom-uk/ (last visited April 19, 2024)
Proved oil reserves in the United Kingdom (UK) in select years from 1960 to 2022 (in million barrels) [Graph], OPEC, December 14, 2023. [Online]. Available: https://www.statista.com/statistics/331958/proved-reserves-of-oil-in-the-united-kingdom-uk/