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Based on data from OPEC at the beginning of 2013 the highest proved oil reserves including non-conventional oil deposits are in Venezuela (20% of global reserves), Saudi Arabia (18% of global reserves), Canada (13% of global reserves), and Iran (9%).
Nigeria, a West African country located on the Gulf of Guinea, holds the tenth largest proven oil reserves in the world. The country's proven oil reserve as of December 2012 stood at 37.14 billion barrels. Nigeria produced 1.954 million barrels of crude oil per day in 2012 with 44 active rigs.