World Oil Yearly Production Charts

The EIA publishes World C+C Annual Production as part of its International Energy Statistics. The data goes back to 1980 and includes OPEC countries as well as Non-OPEC. I have plotted annual production for the 37 largest producers plus one titled “Other” which is the sum of all the other small producers not plotted. I have also included annual charts for World, OPEC, Non-OPEC plus a couple of others.

Most of the charts are non-zero based because I chose to empathize production change over total production. Non-OPEC charts are shown first. If a country had no production in 1980 then the data starts the first year of production. All chart data is thousand barrels per day.

A World

Non-OPEC

A Non-OPEC

A Argentina

A Australia

A Azerbaijan

A Brazil

A Canada

A China

A Colombia

A Denmark

A Egypt

A Equatorial Guinea

A Gabon

A India

A Indonesia

A Kazakhstan

A Malaysia

A Mexico

A Norway

A Oman

A Russia

A Sudan & S. Sudan

A Syria

A United Kingdom

A United States

A Vietnam

A Yemen

A Other

OPEC

A OPEC C+C

A Algeria

A Angola

A Ecuaor

A Iran

A Iraq

A Kuwait

A Libya

A Nigeria

A Qatar

A Saudi Arabia

A UAE

A Venezuela

And just two more:

A North Sea

 

A World Less USA

34 Responses to World Oil Yearly Production Charts

  1. jjhman says:

    While not exactly statistically valid, paging thru the data I wonder if a really large fraction of the decreases in individual countries are not more politically than geologically driven. That seems to be the case for some of the big producers such as Iran, Mexico, Venezuela and Libya. Clearly, though, the North Sea is a dead duck.

    • Sticker Jim says:

      So, the way it works is that the oil companies and oil field owners are the ones that report how much they produce and how much they “think/claim” they have in reserve. If you want the prices to go up, you’ll report low production/production problems and you’ll also estimate that your reserves are low. Claiming low reserves is also a good way to boost the peak oil hype, and further raise the prices. Estimating oil reserves is pure, 100% speculation as no one has the tech required to even “mostly” examine the area where their oil is sitting.

      Also, it’s interesting to note that OPEC controls their members’ output by being based on a percentage of their reserves. So they can estimate low, in order to drive up oil prices, but then that limits their individual abilities to increase their production to take short term advantage of the high oil prices.

      In any case, oil production, regardless of what the oil barons cry, always makes insane profits, even while oil prices are very low.

    • cjk says:

      Mexico?

  2. Ron, this is a good angle to use. I looked over your individual country graphs, and overall I’d say the majority won’t be able to reverse decline. A sharp company would be getting the engineering, impact statements, and permits for a 100,000 bopd coal to liquids plant near Santa Marta, Colombia.

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  4. Michael Dittmar says:

    Hi,

    great collection of data. Thanks
    Somehow I would prefer the plots without the zero suppression which helps a little in the extrapolation

    regards

    Michael

  5. alicia y crates says:

    Muchas gracias Ron, por los gráficos y por tu gran blog del que tanto aprendemos en todo el mundo.
    Nuestras disculpas por no usar el ingles, pero lo desconocemos completamente.
    Un abrazo desde España.

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  10. Revi says:

    Parece que este ano va a ser el pico. Vamos a ver, pero en unos meses va a ser mas visible. Gracias Ron!
    It looks like this year will be the peak. We’ll see, but in a couple of months it will be more visible.

    Thanks Ron!

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  14. Bill Stringer says:

    How many of the countries with decreasing production can employ the new enhanced production techniques?
    How many countries’ reservoirs can be increased by fracking?
    What is the future projection for U.S. production capability?
    How about graphs for proven reserves?
    How much has fracking improved U.S. proven reserves?

  15. Bill Simpson says:

    Soon after oil production does peak, civilization as we have known it, will probably collapse, but not for the reason you probably think.
    Note that oil use has increased as economic activity expanded. It is impossible to grow the economy without using more oil products. Oil is one of the work multipliers for humans. Using less oil, means that less work will get done. So, as less oil is available, the economy will have to shrink. That is the definition of a recession. So what, you may ask, we have had recessions since the dawn of the Industrial Revolution. That is true, but not permanent ones. Peak oil means that as the years pass, less and less oil will be available to do work. That has never happened since people began to use fossil fuels as a work multiplier.
    You might think that we will just all sit around, lamenting how we are slowly getting poorer. Unfortunately, it is not likely to play out so slowly. The problem lies in the structure of the banking system. Banks are not designed to survive for long in an economy which is continually getting smaller and smaller.
    A few years after peak oil, the banking system will probably collapse. Governments will fight it, but they will eventually fail. I’m not nearly smart enough to figure out exactly how it will go down. But expect governments to try everything they can think of, to try and stop the inevitable. They might start boosting the money supply until hyperinflation totally destroys the value of all paper money. Hoarding gold won’t help because it can’t function as a practical medium of exchange in an industrial economy.
    The global economy collapses in weeks without banks working. It came within days of happening in 2008 after banks started refusing to lend each other money. And never in modern history has the amount of debt been as high as it is today. It won’t take much to bring the entire financial system down.
    I used to think we could just adjust to having less liquid fuel available. The 2008 financial crisis taught me otherwise. Banks are out primary problem, not a sudden critical shortage of oil.

    • Danny says:

      Yeah. Oil supply/ production cant really tank over a period of days or weeks. Even when there is substantial declines, the numbers will be BSed for as long as they can in convential media. Either the banking systems crash on their own, or over the hysteria over decline rates that cannot be denied.
      Im thinking one more oil boom is somewhere between plausible and probable. After that the number of looming bad variables becomes daunting.
      I think a number of things are technically possible (renewables ect) but I give it next to zero chance of being implemented with any kind of effectiveness. Humans havent overcome that instinct yet, on the scale which is required.

    • Keith O says:

      One point to keep in mind about Peak Oil isn’t that we will necessarily run out but that the cheap oil will have been consumed and what is left is more expensive and harder to find. What this means is that we will have a long cycle of steadily rising costs for those activities and products that are heavily reliant on oil but at the same time I expect that we will see human ingenuity provide slowly emerging solutions for each problem. I expect that we are in the beginning stages of this inevitable change and, as we can see, all over the world replacement sources are beginning to emerge. I suspect that the eventual outcome will be that a slow proliferation of multiple energy sources will begin to replace carbon based energy and that we will become more and more efficient in our lives to offset increasing costs. It has taken over 150 years to get to where we are today and it will take another 150 years for this slow transition to occur. It is silly to believe that we will somehow transition from one to another any other way than slowly and gradually.
      Another thing to keep in mind is that the world of centralized energy production will be also begin to be replaced by local production which will have a tremendous impact on geopolitical and economic alliances. If I live in a house that is running exclusively on solar and wind power and driving a couple of cars that are electric only that I charge through my home based system then I am basically more disconnected from outside influences than in the past. I will still rely on food and water to be provided as well as other needs but if large swaths of people begin to remove themselves from the centralized grid then they start to behave differently and be less influenced by outside political and economic pressures. This is the trend and it will have profound implications to governments and people’s loyalties as time goes on.

      • Mauricio (ES) says:

        I think that the situation will be (is being) totally different. As oil prices increase, all economy will be affected. Most of the people think about future scenarios in a fair and force-balanced world where everybody and every country, jointly and severally, decide to shrink their economy, go greener and save resourses . Nothing further from reality. Powerful countries like US will use their POWER to keep their citizens eating meat 7 days a week and driving huge cars, while “weak” countries will face problems to find basic resources (isn´t it somehow already happening?).
        Current renewable energies (solar, wind, hidro…) actually are not renewable. A lot of energy (oil) is needed to produce a solar panel, around 30 barrel of oil equiv. to produce an electric car, and so on… Oil energy is nowadays irreplaceable because of its high energy density, it´s easy to transport and transform and is -still- abundant. The war for oil is already going on, masked with fight for democracy, fight against instability, terrorism or by supporting currupt governments that sign unfair trade “agreements” for their own citizens.
        Oil pick will lead also to more environmental disasters (that deserves a whole specific analysis). Developing countries will have to use natural resources to find energy since oil will not be available for them.
        I´m not going catastrophic, just realistic. Since all our industrial development, agriculture, technology, means of transport… has been completely based on a cheap and increasingly available carbon based energy (and no way renewable will replace it by even a small fraction) , its just a matter of time that actual society, as we know it now, will collapse, or at least a large amount of the 7,5 billion people of the World will have much harder times to come.

    • jim bo says:

      “Hoarding gold won’t help because it can’t function as a practical medium of exchange in an industrial economy.” Why not? Why does the type of economy matter anyhow, preindustrial or industrial? Gold would simply replace the dollar as the dollar is dependent of the growth economy which will not be around in the future. Back to the future as the economy goes. Gold has been used for thousands of years as real money.

  16. jjohnson says:

    I would like to see the following data/graph combined with both world wide production and US only production:

    -Price of oil
    -Rig count
    -Value of US dollar

  17. Kees says:

    Very informative overview. So Saudi Arabia’s production peak happened 1980 or earlier! That’s a little known fact. It also puts in perspective the thought they can just produce a lot more if they want to.
    1 mistake though: I see Indonesia listed as a non-OPEC country. It did leave in 2008 (becoming a net importer) but reentered this year. I don’t believe they have become an exporter again, seeing their continuing dropping production.

  18. Paul (UK) says:

    What ever any one says world oil production will start to decline sooner or later,even if it’s 10 or 20 or even 30 years from now.Crude oil is a gift to man kind,we should have been planning for this years ago,but governments only look ahead in the short term.I think it’s crazy that road vehicles have changed so little and it’s only now that we are starting to see electric cars.if your ‘green’ or not (I am) we should conserve our oil reserves for future generations,will it happen?

  19. Claudio Fahmy says:

    When are countries going to start sounding the alarm bells after decreasing production?
    When is the market going to realize that crude oil production will decline rapidly once it peaks?
    When is the price of crude oil going to spike to $200?

    • Mig says:

      «When is the price of crude oil going to spike to $200?»

      I think it never will since the market cannot afford it. That would lead the oil importers economies into a recession.

  20. Shane LaHousse says:

    Production is one measure. Net export would be a more relevant measure. With Saudi Arabia population expanding, their internal consumption is also increasing, they have the most energy intensive GDP of any country. Predictions along the same trend have Saudi Arabia being a net importer of oil somewhere between 2025 and 2030. Of course they will change this trend prior to that however such an analysis would provide useful insight.

  21. Hagnismos says:

    The shale play will peter out eventually. The bottleneck we all saw in 08 and 09 where everything seemed to be declining is mostly turned back by tar sands and shale. Am I wrong? The entire future of peak oil as an issue is about understanding the potential of shale and the elasticity of demand.

  22. Dale Pondysh says:

    At what point do the air pollutants created by 90,000,000 barrels of oil/day affect rational thinking. With deforestation and ocean deterioration, the cleansing properties of the planet will be overcome by the growth rate and exploitation of this resource.
    Is everyone here thinking rationally today?
    Is anyone concerned about future generations?
    Are the cancerous sores of extraction around the globe growing faster than they are able to heal?
    Is ultimate human desire, the conquest of nature?

  23. Mark (NZ) says:

    Tesla today larger than Ford and GM! The sooner we see out the folly of fossil fools the better… For three years we have been driving electric @1c/km … 63,000 e-km’s so far …. Tony Seba’s talk on Clean Disruption (Oslo, March 2016) gives interesting insight on what is around the corner.

    • Let’s see:
      63,000km × $.01/km = $630 USD. Do you really think this is the total cost of ownership, of your vehicle? $630 USD? (I’ve seen estimates more credibly putting electricity costs at $.03/km, based on 300Wh/km and $.1/kWh — but for more direct comparison, we need TCO = total cost of ownership) — How far can you drive on average, before your vehicle is involved in a total-loss collision? Let’s say you are an amazingly good driver, and can drive 500,000km before you have a 50% risk of having your car totalled. How much does your vehicle cost to purchase? Let’s say you get a great deal, and it only costs $50,000 USD. So in terms of the purchase costs (without counting amortization across the usable life of the vehicle), we’re already running at $.1USD/km! For a $100,000USD Tesla, we’re already talking about $.2USD/km
      Now what if we count maintenance costs, after the warranty period has ended? And costs of replacing tyres and other “consumables” that are not included in any vehicle manufacturer’s warranty?
      Add everything in… The results are likely to come out, somewhere between $.3USD/km, and $.4USD/km — certainly not an order of magnitude better than what you would expect for a traditional vehicle!

      I want electric vehicles to succeed. I hate pollution. But I think our figures should be more realistic than this. Honesty is essential!

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