Uncategorized – Page 57 – Peak Oil Barrel

Open Thread Non-Petroleum January 24

01/24/202001/24/2020 Ovi 174 Comments

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

OPEC December 2019 Oil Production Data

01/16/202001/16/2020 Ron Patterson 285 Comments

All OPEC data for the charts below are from the OPEC Monthly Oil Market Report https://momr.opec.org/pdf-download/

OPEC crude oil production continued to slide in December.

Open Thread Non-Petroleum December 16

01/16/202001/16/2020 Ron Patterson 181 Comments

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

Open Thread Petroleum, January 10, 2020

01/09/202001/09/2020 islandboy 149 Comments

Comments related to oil and/or natural gas production in this thread please. Thanks.

U.S. Oil Production Is Competing Against Decline

01/02/202001/02/2020 Ovi 254 Comments

A Post by Ovi at peakoilbarrel . com

All of the oil production data for the US states comes from the EIAʼs Petroleum Supply Monthly. In addition, information from other EIA offices is provided to project future US output. At the end, an estimate is made for the decline rate in the L48 conventional oil fields and an analysis of a few different EIA reports is undertaken.

The charts below are updated to October 2019 for the 10 largest US oil producing states (>100 kb/d).

U.S. oil output continued to increase in October 2019. Production reached a new high of 12,655 kb/d, an increase 171 kb/d over September and 55 kb/d higher than estimated by the December Monthly Energy Review (MER). However it is 93 kb/d lower than the 12,748 kb/d estimated in the December STEO report. This could be an indication that the January STEO report will again lower US production estimates for 2020.