Category: Production Projections

February Non-OPEC Oil Production Climbs

Ovi 198 Comments

A guest post by Ovi

Below are a number of crude oil plus condensate (C + C ) production charts for Non-OPEC countries created from data provided by the EIA’s International Energy Statistics and updated to February 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.

February Non-OPEC production increased by 303 kb/d to 49,926 kb/d. Of the 303 kb/d increase, the biggest increase came from Canada 225 kb/d. Offsetting the increase were decreases from Brazil 116 kb/d and China 92 kb/d. The Febuary 2022 output of 49,926 kb/d is 2,274 kb/d lower than the March pre-covid rate of 52,200 kb/d.

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US March Oil Production Recovers

Ovi 263 Comments

A guest post by Ovi

All of the oil (C + C) production data for the US state charts comes from the EIAʼ’s Petroleum Supply monthly PSM. 

U.S. March production increased by 349 kb/d to 11,655 kb/d. Relative to November’s 2021 production of 11,769 kb/d, March is still 114 kb/d lower. The main increases came from Texas 147 kb/d, ND 66 kb/d and the GOM 75 kb/d.

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US February Oil Production Surprises to the Downside

Ovi 231 Comments

A guest post by Ovi

All of the oil (C + C) production data for the US state charts comes from the EIAʼ’s Petroleum Supply monthly PSM. 

U.S. February production decreased by a surprising 50 kb/d to 11,312 kb/d. Relative to November 2021 production of 11,773 kb/d, it has dropped by 461 kb/d. The main declining states were Texas 27 kb/d and ND 23 kb/d.  The major decliner was the GOM which dropped by 93 kb/d. Of the top 3 states, only New Mexico increased its production.

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Non-OPEC December Oil Production Drifts Lower

Ovi 229 Comments

A guest post by Ovi

Below are a number of crude oil plus condensate (C + C ) production charts for Non-OPEC countries created from data provided by the EIA’s International Energy Statistics and updated to December 2021. This is the latest and most detailed world oil 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.

December Non-OPEC production decreased by 261 kb/d to 49,628 kb/d. Of the 261 kb/d decrease, the biggest decreases came from the US 205 kb/d, Brazil 113 kb/d and China 91 kb/d. Offsetting the decreases were increases from Norway, 117 kb/d and Guyana 86 kb/d.   

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