Peak Oil Barrel – Page 13 – The Reported Death of Peak Oil Has Been Greatly Exaggerated

US February Oil Production Rebounds

05/03/202405/03/2024 Ovi 46 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 Febuary 2023.

U.S. February oil production rebounded by 578 kb/d to 13,154 kb/d. The large increase was due to a rebound from the severe January winter storm that spread across most central states. The largest increases came from Texas, 172 kb/d and North Dakota 173 kb/d.

The dark blue graph, taken from the April 2023 STEO, is the forecast for U.S. oil production from March 2024 to December 2025. Output for December 2025 is expected to reach 13,904 kb/d and is an increase of 82 kb/d from the previous STEO report.

Open Thread Non-Petroleum, May 3, 2023

05/03/202405/03/2024 Ovi 163 Comments

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

OPEC Update, April 26, 2024

04/26/202404/26/2024 D Coyne 71 Comments

The OPEC Monthly Oil Market Report (MOMR) for April 2024 was published recently. The last month reported in most of the OPEC charts that follow is March 2024 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In 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.

Open Thread Non-Petroleum, April 26, 2024

04/26/202404/26/2024 D Coyne 105 Comments

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

Short Term Energy Outlook, April 2024

04/19/202404/19/2024 D Coyne 81 Comments

The EIA STEO was published recently the estimate below is based on data from that report and statistics from the EIA International Energy Statistics. The EIA expects the 2018 peak for annual average World C+C output will be surpassed in 2025.