All OPEC data below is from the OPEC Monthly Oil Market Report. It is thousand barrels per day and is through February 2020.
The OPEC data no longer includes Ecuador. OPEC 13 was down 546,000 barrels per day in February.
The only major decliners were Libya and Saudi Arabia.
Read MoreComments not directly related to oil and natural gas production should be in this thread. Thank you.
Comments not directly related to oil and natural gas production should be in this thread. Thank you.
In many ways the US side of the Gulf of Mexico shows signs of a production basin at the end of life. Most of the sort historic of charts that would normally plotted – discoveries, drilling, active wells, active leases, leasing activity, natural gas production – show classic bell shapes, with current conditions on the tail; and yet oil production is still just about increasing, and the fall in remaining reserves has been reversed in recent years. Examples for some parameters are shown in the chart, and others in subsequent sections. (Note the units used for production, it was the only way to get everything on the same axis.)
The EIA released the latest edition of their Electric Power Monthly on February 26th, with data for December 2019. The table above shows the percentage contribution of the main fuel sources to two decimal places for the last two months and the full year 2019 (YTD). Read More