EIA Quarterly Crude + Condensate Production Data

The EIA publishes all kinds of energy production data but I collect and chart only Crude + Condensate data. But that comes in three flavors, monthly, quarterly and yearly. I decided to chart the quarterly data and see if that looks any clearer than the monthly data.

Quarterly C+C production in kb/d. The last quarter, 3rd, ends September 2013.

World

World C+C production has increased 2 million barrels per day since the 2nd quarter of 05. Who were the big gainers that caused this 2 million barrel per day increase?

World Less USA

Turns out it was all USA.

Non-OPEC is up about 1.5 million barrels per day since the second quarter of 2005.

Non-OPEC

However Non-OPEC less USA is down about 750 kb/d since 2005 and down 1.25 million barrels per day since peaking in the last quarter of 2010.

Non-OPEC Less USA

World crude oil production outside the USA has clearly peaked. It is only the shale oil bubble that is keeping peak oil from being obvious to the rest of the world.

The EIA’s Monthly Energy Review is out with the US production figures through December. This enabled me to plot the US quarterly production through the last quarter of 2013 in kb/d.

United States

This data enabled me to average US production for the entire year of 2013. That figure turned out to be 7,492,583 barrels per day, subject to revision of course. That turned out to be 263 kb/d below what AEO 2014 had predicted.

AEO 2014

This means that the prediction above made by the EIA’s AEO 2014 is already over a quarter of a million barrels per day below prediction.

Another chart of interest would be OPEC C+C. This chart is though the 4th quarter of 2013, that is through December 2013.

OPEC C+C

Opec C+C in the 4th quarter of 2013 averaged 31,479 kb/d. That is 1,700 bp/d below the peak which was the second quarter of 2012 which averaged 33,179 kb/d.

All OPEC data through the 3rd quarter of 2013 is from the EIA. The last quarter of data was taken from the OPEC MOMR then I added 1.9 mb/d of condensate which is about the OPEC average for condensate production. Or more correctly 1.9 mb/d is the approximate difference between the EIA’s C+C data and OPCE MOMR’s Crude Only data for the last couple of years.

Switching gears to Weekly Production, will the trend continue? The last data point is for week ending January 24th. The data is kb/d.

Weekly C+C

This entry was posted in Uncategorized and tagged , , , . Bookmark the permalink.

255 Responses to EIA Quarterly Crude + Condensate Production Data

  1. Sastri Gounden says:

    Do you perhaps have the global condensate production for 2013?

  2. I was suggested this blog by my cousin. I am not sure whether
    this pot iss writte by him ass no one else know uch detailed about my difficulty.

    You’re wonderful! Thanks!

  3. I must thank you for the efforts you have put in writing this blog.

    I am hoping to see the same high-grade blog posts by you later on as well.
    In truth, your creative writing abilities has encouraged me to get my
    very own website now ;)

  4. I am extremely impressed along with your writing talents and also with the layout for your blog.
    Is that this a paid subject or did you modify it your self?
    Either way keep up the excellent high quality writing, it’s rare to look a nice blog like this one nowadays..

    Take a look at my homepage; http://ksamaraaylin.soup.io

  5. Everyone loves it when folks come together and share views.
    Great website, keep it up!

    my homepage Tome 1 : L’odyssée de l’esclave pdf

Comments are closed.