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OPEC January Production Data
All OPEC data below is from the February edition of the OPEC Monthly Oil Market Report. The data thousand barrels per day and is through January 2020. OPEC Monthly Oil Marker Report
OPEC 14 crude oil production was down 509,000 barrels per day in January. And that was after December production was revised down 86,000 barrels per day.
OPEC announced a couple of months ago that Ecuador was leaving the cartel. However they were still included in January’s data. I have no idea what’s going on.
Read MoreEIA’s Electric Power Monthly – January 2020 Edition with data for November 2019
A Guest Post by Islandboy
The EIA released the latest edition of their Electric Power Monthly on January 27th, with data for November 2019. The table above shows the percentage contribution of the main fuel sources to two decimal places for the last two months and the year 2019 to date. Read More
US Production Growth Surges
A Post by Ovi at peakoilbarrel
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 analysis of a few different EIA reports is undertaken.
The charts below are updated to November 2019 for the 10 largest US oil producing states (>100 kb/d).
The latest data from the January EIA report shows that US production surged by 203 kb/d in November to reach a new high of 12,879 kb/d. Since June the US has increased output by an average of 164 kb/d/mth. Looking forward to December production, the January Monthly Energy Review (MER) estimates US production for December to be 12,861 kb/d, down 14 kb/d from November and shown in red as the last data point.
If the MER is correct for December at 12,861 kb/d, that means that the January 2020 STEO is too high in their output prediction. They estimate December output to be 12,967 kb/d, 106 kb/d too high.
Read MoreOpen Thread Non-Petroleum
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