OPEC has published their OPEC Monthly Oil Market Report with crude only production numbers for October 2015. The charts are “Crude Only” production and are in thousand barrels per day.
OPEC 12 was down 256,000 bpd in October.
Month: November 2015
Worldwide Rig Count Dropping Again
Baker Hughes has published its International Rig Count with production numbers for October. This is a monthly rig count and breaks out the international rigs by oil, gas and miscellaneous. Baker Hughes does not include the Former Soviet Union countries in their count or totals. Baker Hughes also includes the US and Canada in their monthly count but they do not break US and Canada monthly totals out by oil and gas.
All rigs were down 85 rigs in October to 2,086 rigs. October 14 to October 15 total world rigs were down 1,571 rigs of 43%.
Peak Oil Open Thread
North Dakota Spuds hit 5 year low. Not since January of 2010 have spuds been below 77, the point they hit in September.
