Peak Oil Barrel – Page 39 – The Reported Death of Peak Oil Has Been Greatly Exaggerated

US October Oil Production Pushed Higher by New Mexico

01/01/202301/01/2023 Ovi 201 Comments

A guest post by Ovi

All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIAʼs December Petroleum Supply monthly PSM which provides updated information up to October 2022.

U.S. October production increased by 69 kb/d to 12,381 kb/d to a New post pandemic high. It should be noted that September’s oil production increase of 289 kb/d to 12,268 kb/d which was reported last month and was considered high, was revised further up by 44 kb/d to 12,312 kb/d in the current October report. For September, the state with the largest increase was New Mexico 41 kb/d, along with a number of small increases from the smaller producing states.

Open Thread Non-Petroleum, January 1, 2023

01/01/202301/01/2023 Ovi 116 Comments

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

The EIA’s Short-Term Energy Outlook

12/23/202212/23/2022 Ron Patterson 97 Comments

The EIA’s Short-Term Energy Outlook gives the USA data as C+C as well as all liquids, OPEC as crude only, but the rest of the world is Total Liquids only. All STEO charts below are million barrels per day. Other charts, not part of the STEO, are in thousand barrels per day. Also note that the EIA post known data in bold and future predictions in a lighter font. They post known data through November 2022.

Obviously all production is not known through November, but I have not tried to guess what they do know but posted the data as they posted it, known through November. But understand the November data, as well as October data, will almost certainly be revised later.

The EIA sees World Total Liquids declining early in 2023 with no gain for the total year.

Open Thread Non-Petroleum, December 23, 2022

12/23/202212/23/2022 Ron Patterson 166 Comments

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

Thanks

OPEC Update, December 2022

12/16/202212/16/2022 D Coyne 196 Comments

The OPEC Monthly Oil Market Report (MOMR) for December 2022 was published recently. The last month reported in most of the OPEC charts that follow is November 2022 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In most of the OPEC charts that follow the blue line is monthly output and the red line is the centered twelve month average (CTMA) output.