March 2024 – Peak Oil Barrel

November World & Non-OPEC Oil Production

03/25/202403/25/2024 Ovi 113 Comments

By Ovi

Below are a number of Crude plus Condensate (C + C) production charts, usually shortened to “oil”, for oil producing countries. The charts are created from data provided by the EIA’s International Energy Statistics and are updated to November 2023. This is the latest and most detailed/complete World Oil production information available. Information from other sources such as OPEC, the STEO and country specific sites such as Brazil, Norway and China is used to provide a short term outlook.

World oil production increased by 745 kb/d in November, green graph. The largest increase came from Canada, adding 360 kb/d. December World production is projected to drop by 169 kb/d to 82,232 kb/d.

Open Thread Non-Petroleum, March 25, 2024

03/25/202403/25/2024 Ovi 132 Comments

Comments not related to oil or natural gas production in this thread please, thanks.

OPEC Update, March 2024

03/18/202403/18/2024 D Coyne 133 Comments

The OPEC Monthly Oil Market Report (MOMR) for March 2024 was published recently. The last month reported in most of the OPEC charts that follow is February 2024 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In the OPEC charts that follow the blue line with markers is monthly output and the thin red line is the centered twelve month average (CTMA) output.

Open Thread Non-Petroleum, March 18, 2024

03/18/202403/18/2024 D Coyne 106 Comments

Comments not related to oil and/or natural gas production in this thread please. Thank you.

US December Oil Production Flat

03/08/202403/08/2024 Ovi 138 Comments

By Ovi

All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM which provides updated information up to December 2023.

U.S. December oil production decreased by 4 kb/d to 13,315 kb/d. The small decrease was a mix of increases and decreases that netted out to a negligible decrease. The largest decrease came from Texas, 20 kb/d, offset by a New Mexico increase of 23 kb/d.