May Non-OPEC Oil Production drops to 2013 levels

A post by Ovi on peakoilbarrel

Below are a number of oil (C + C ) production charts for Non-OPEC countries created from data provided by the EIA’s International Energy Statistics and updated to May 2020.  Information from other sources such as the OPEC and country specific sites is used to provide a short term outlook for future output and direction.

Non-OPEC production dropped slowly from a high of 52,638 kb/d in December 2019 to 52,396 kb/d in March 2020. In April that changed when we saw the first big drop in output from the Non-OPEC countries associated with Covid and with the drop in world oil prices. May output collapsed to 45,340 kb/d, which is close to the production level in September 2013.

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US June Oil Production Rebounds

A post by Ovi at peakoilbarrel

All of the oil (C + C) production data for the US states comes from the EIAʼs Petroleum Supply monthly PSM. After the production charts, an analysis of three EIA monthly reports projecting future production is provided. The charts below are updated to June 2020 for the 10 largest US oil producing states.

June’s production rebounded from May’s low by adding 420 kb/d. May’s output was revised up by 15 kb/d from the EIA’s July report.

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