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Estimates for Ghana's oil reserves vary widely. Ghana National Petroleum Co-operation chief executive Nana Boakye Asafu-Adjaye said in late 2011 that he believed Ghana's total oil reserves to be at least 1.25 billion barrels. Estimates for the reserves of the jubilee fields, Ghana's largest, range from 800 million to 1.8 million barrels of oil.
The country's oil reserves could reach five billion barrels by 2015 as onshore oil exploration increases and more fields start production, the chairman of the Ghanaian parliament’s energy committee said at the end of 2010