Oil Production – Page 6 – Peak Oil Barrel

US October Oil Production Pushed Higher by New Mexico

01/01/202301/01/2023 Ovi 201 Comments

A guest post by Ovi

All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIAʼs December Petroleum Supply monthly PSM which provides updated information up to October 2022.

U.S. October production increased by 69 kb/d to 12,381 kb/d to a New post pandemic high. It should be noted that September’s oil production increase of 289 kb/d to 12,268 kb/d which was reported last month and was considered high, was revised further up by 44 kb/d to 12,312 kb/d in the current October report. For September, the state with the largest increase was New Mexico 41 kb/d, along with a number of small increases from the smaller producing states.

August Non-OPEC Oil Production Increases

12/09/202212/09/2022 Ovi 175 Comments

A guest post by Ovi

Below are a number of Crude plus Condensate (C + C) production charts, usually shortened to “oil”, for Non-OPEC countries. The charts are created from data provided by the EIA’s International Energy Statistics and are updated to August 2022. This is the latest and most detailed world oil production information available. Information from other sources such as OPEC, the STEO and country specific sites such as Russia, Brazil, Norway and China is used to provide a short term outlook for future output and direction for a few countries and the world. The US report has an expanded view beyond production by adding rig and frac charts.

August Non-OPEC oil production increased by 138 kb/d to 49,879 kb/d. The largest increases came from Norway 147 kb/d and Brazil 124 kb/d. The largest offsetting decrease came from Kazakhstan 179 kb/d.

OPEC Update, November 17, 2022

11/18/202211/18/2022 D C 239 Comments

The OPEC Monthly Oil Market Report (MOMR) for November 2022 was published recently. The last month reported in most of the OPEC charts that follow is October 2022 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In most of the OPEC charts that follow the blue line is monthly output and the red line is the centered twelve month average (CTMA) output. I also show a number of charts from the recent World Energy Outlook 2022, published by the IEA in October. I focus on a selection of charts from Chapter 7 of that report which covers oil.

OPEC Update, October 2022

10/19/202210/19/2022 D C 141 Comments

The OPEC Monthly Oil Market Report (MOMR) for October 2022 was published recently. The last month reported in most of the OPEC charts that follow is September 2022 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In most of the OPEC charts that follow the blue line is monthly output and the red line is the centered twelve month average (CTMA) output. Note however there are a few exceptions to this for OPEC+ charts near the end of the post where EIA C+C data was used which has the most recent data from June 2022 (so three months behind the OPEC crude only data in most of the charts that follow.)

OPEC Update, September 18, 2022

09/18/202209/18/2022 D C 195 Comments

The OPEC Monthly Oil Market Report (MOMR) for September 2022 was published recently. The last month reported in most of the OPEC charts that follow is August 2022 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In most of the OPEC charts that follow the blue line is monthly output and the red line is the centered twelve month average (CTMA) output.