Jean Laherrere has posted the following charts and comments on Bakken and World oil reserves. EIA proved reserves on Bakken (ND +Montana) plus cumulative production have changed at end : -2012 3754 Mb -2013 5701 Mb -2014 7203 Mb -2015 … Continue reading
Tag Archives: Libya
Bakken oil production was down 10,119 barrels per day in September and all North Dakota production was down 10,353 bpd in September. Bakken production continues to decline though I expect it to level off soon.
The latest OPEC Monthly Oil Market Report is out with OPEC crude only production numbers for May, 2016. I have compared these numbers with those published by the EIA in their Short-Term Energy Outlook table 3a. All data is in … Continue reading
All charts are through February 2016 The OPEC Monthly Oil Market Report just came out. The charts are “Crude Only” production and do not reflect condensate production. Also the charts, except for Libya, are not zero based. I chose to amplify the … Continue reading
Taking a closer look at OPEC. All OPEC and price data below is through December. All production data is in thousand barrels per day. Iran and Libya have had serious political disruptions in their production numbers. Simply adding them to … Continue reading