High Quality Content by WIKIPEDIA articles Oil reserves in Iran, according to its government, rank third largest in the world at approximately 150 billion barrels (24 10 9 m3) as of 2007, although it ranks second if Canadian reserves of unconventional oil are excluded. This is roughly 10% of the world's total proven petroleum reserves. Iran is the world's fourth largest oil producer and is OPEC's second-largest producer after Saudi Arabia. As of 2009 it was producing an estimated 4.172 million barrels per day (663.3 10 3 m3/d) of crude oil. At 2006 rates of production, Iran's oil reserves would last 98 years if no new oil was found.
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