European rivers can be classified based on their watersheds and the oceans they flow into. There are 5 major watersheds - the Arctic, Atlantic, Mediterranean, Black Sea, and Caspian Sea watersheds. Rivers in different watersheds vary in their volume of flow, with those in the Arctic watershed having the largest volumes and those in the Mediterranean watershed having the lowest, more irregular volumes due to drought. European lakes can also be classified based on their locations, with northern lakes generally being larger and deeper while southern lakes are smaller and not as deep.