General comments not related to petroleum production should be in this thread.
Thanks
Category: Uncategorized
EIA’s Latest USA & World Oil Production Data
These first charts are taken from the EIA’s Monthly Crude Oil and Natural Gas Production. The data are through June 2018 and is in thousand barrels per day.
US C+C production was up 231,000 barrels per day in June to 10,674,000 bpd, an all-time high.
Texas was up 165,000 barrels per day in June to 4,410,000 bpd.
Open Thread, September 5, 2018
General comments not related to petroleum production should be in this thread.
Thanks.
Open Thread Petroleum, August 28, 2017
Comments related to oil and natural gas should be in this thread.
Thanks.
Non-Petroleum comments should be placed in the Electric Power Monthly thread.
Mexico Production and Reserves, 1H2018
A Guest Post by George Kaplan
Mexico C&C Production
Mexico oil production is in decline though, at the moment, not as steep as it was expected to be (at least by me – IEA predictions are closer).
Data is through June and comes from Pemex and National Hydrocarbons Information Center (CNIH) (both sites are pretty good).
For June C&C was 1870 kbpd, down 25 kbpd from May and 170 kbpd y-o-y. Yearly decline rates for each region are shown in the chart below. Production peaked in 2004/2005 at just over 3500 kbpd, so overall decline is approaching 50%.
Most of the decline has been in light oil and condensate, with heavy oil holding fairly level.
