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.
Read MoreIn the discussion here I use the term net volume to refer to the volume of prospective rock that might be developed to produce tight oil. For each bench of a prospective tight oil play (Wolfcamp A would be one example of a bench) there is an area estimate (5733 thousand acres for Wolfcamp A of Delaware) and a success ratio (%) = 94.7, in the case of Wolfcamp A. Net acres are the total acres times the success ratio, for Wolfcamp A, 5429 thousand net acres. On average the Wolfcamp A of the Delaware basin is about 400 feet thick, so the net volume would be net acres times thickness or 2172 million acre-feet. An acre-foot is a volume that is one acre (44,000 square feet) by one foot thick or 44,000 cubic feet (or a box that is 1000 ft long by 44 feet wide by 1 foot high.)
Read MoreBelow 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.
All data for this post is from the EIA’s Petroleum Supply Monthly
The charts below are primarily for the largest US oil producing states (>100 kb/d) and are updated to August 2019. If you are interested in additional states, let it be known.
Ron has asked if I would take over the monthly posts for USA oil production. I have tentatively agreed to do that. Let us all thank Ron for his work at tracking US production and for his insights. Ron will continue to monitor what’s happening with US production and provide his comments. He is not going away.
This is my first post on US production by state. If you spot any errors, please let me know and I will try to fix them.
Comments related to oil and/or natural gas production in this thread please. Thanks.