Ovi – Page 49 – Peak Oil Barrel

Is Non-OPEC Oil Production Recovering?

12/22/201912/22/2019 Ovi 240 Comments

A post by Ovi @ peakoilbarrel.

Below are a number of oil production charts for Non-OPEC countries, created from data provided by the EIA’s International Energy Statistics and updated to August 2019. Information from other sources such as the IEA and OPEC is used to provide a short term outlook for future output and direction.

Non-OPEC production increased by 752 kb/d to 50,482 kb/d in August from 49,730 kb/d in July. This is the first significant monthly increase in 2019. Output declined from January to May. The main contributor to the increase was the US by adding 599 kb/d. This leaves August production just 295 kb/d short of the previous high of 50,777 kb/d reached in December 2018. New output from Norway and Brazil, along with increasing US output coming in the next few months could raise Non-OPEC output beyond the previous December 2018 high. The question “How much higher beyond the December high” is of great interest to OPEC+.

Open Thread Non-Petroleum, December 22, 2019

12/22/201912/22/2019 Ovi 281 Comments

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

Is US Oil Production Growth Slowing???

12/01/201912/01/2019 Ovi 217 Comments

This is a guest post by Ovi here.

All of the oil production data for the states comes from the EIAʼs Petroleum Supply Monthly.

The charts below are updated to September 2019 for the largest US oil producing states (>100 kb/d).

There continues to be much speculation and information pointing to a potential slowing of US oil production. However the latest production data from the EIA continues to point higher, albeit at a slower rate.

Open Thread Non-Petroleum, December 1, 2019

12/01/201912/01/2019 Ovi 164 Comments

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

EIA Non-OPEC Oil Production Updated to July 2019

11/07/201911/07/2019 Ovi 201 Comments

Below are a number of Non-OPEC charts created from data provided by the EIA’s International Energy Statistics.

The charts and table below are primarily for the world’s largest Non-OPEC producers and are updated to July 2019, except for the U.S., which is updated to August 2019. The first set of charts is for Non-OPEC countries with production over 500 kb/d and the last few provide a world overview.

Under some charts are added country comments from the IEA since I have updated data from them up to September 2019. While the IEA production numbers reflect “all liquids”, their July to September increments provide an indication of how the trend in the EIA charts will change by September.