Talking Point:
On this slide, produced oil and gas are in gray, discovered resources are red, and volumes yet to be found are in cyan. Heavy oil is gold.
- Canada and Venezuela hold 70 % of the worlds heavy oil
- The remained is spread among numerous other countries. The FSU has about 10% of the heavy oil resource and the Middle East only about 1%.
Excluding heavy oil, the bulk of the world’s remaining resources – discovered and yet to be found - lie in the Middle East and the former Soviet Union.
- Although the Middle East has the largest resource, international oil companies have been largely unable to economically gain access here since the 1970’s
These slides have been provided for use as presentations to students considering a career in the petroleum industry. You are permitted to use them individually or as a collection and adapt them to the needs of the presentation you are preparing. They are designed primarily for the use of those acting under the