All charts below were created with data from JODI, the EIA and OPEC MOMR. It is in thousand barrels per day and the last data point is September 2015.
World crude oil production has taken off during the last two years due primarily to US shale oil production and higher output from OPEC. However very high oil prices has enabled many other countries to increase drilling rigs and production.
The Texas RRC Production Data is out. There appear to be no big surprises this month. All RRC data is through September but the EIA data is only through August.
Note: For all those not familiar with the Texas Railroad Commission data it is always incomplete. That is the reason for the drooping data lines you see in the charts. The EIA data is what they believe the final estimate will be.
Final month production was just a little higher in September than August. That usually indicates a small uptick in production. But the data is so incomplete it is hard to tell.
The NDIC has published their monthly update for Bakken Oil Productin and all North Dakota Oil Production.
Bakken production was down 24,424 barrels per day while all North Dakota was down 25,378 bpd.
OPEC has published their OPEC Monthly Oil Market Report with crude only production numbers for October 2015. The charts are “Crude Only” production and are in thousand barrels per day.
OPEC 12 was down 256,000 bpd in October.
Baker Hughes has published its International Rig Count with production numbers for October. This is a monthly rig count and breaks out the international rigs by oil, gas and miscellaneous. Baker Hughes does not include the Former Soviet Union countries in their count or totals. Baker Hughes also includes the US and Canada in their monthly count but they do not break US and Canada monthly totals out by oil and gas.
All rigs were down 85 rigs in October to 2,086 rigs. October 14 to October 15 total world rigs were down 1,571 rigs of 43%.