Uncategorized – Page 11 – Peak Oil Barrel

OPEC Update, January 2024

01/25/202401/27/2024 D Coyne 245 Comments

The OPEC Monthly Oil Market Report (MOMR) for January 2024 was published recently. The last month reported in most of the OPEC charts that follow is December 2023 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In many of the OPEC charts that follow the blue line with markers is monthly output and the thin red line is the centered twelve month average (CTMA) output. For the first chart I compare OPEC- 13 with OPEC -12 due to Angola deciding to leave OPEC and reducing the number of OPEC nations by one.

Open Thread Non-Petroleum, January 19, 2024

01/19/202401/19/2024 Ovi 49 Comments

Comments not related to Oil or Natural Gas production in this thread please. Thank you.

Short Term Energy Outlook and Tight Oil Update, Jan 2024

01/12/202401/12/2024 D Coyne 207 Comments

STEO

The EIA’s Short Term Energy Outlook (STEO) was published in early January. The chart below estimates World C+C by using the STEO forecast combined with past data from the EIA on World Output.

Open Thread Non-Petroleum, January 12, 2024

01/12/202401/12/2024 D Coyne 50 Comments

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

US October Oil Production Held Steady

01/04/202401/05/2024 Ovi 218 Comments

By Ovi

All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM which provides updated information up to October 2023.

U.S. October oil production decreased by 4 kb/d to 13,248 kb/d. The decrease was primarily due to decreases in the GOM and North Dakota being partially offset by increases in Texas and New Mexico. Note that September production was revised up from 13,236 kb/d to 13,252 kb/d.