The OPEC Monthly Oil Market Report (MOMR) for May 2022 was published last week. The last month reported in each of the charts that follow is April 2022 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In most of the charts that follow the blue line is monthly output and the red line is the centered twelve month average (CTMA) output.
Comments not related to Oil or natural gas production in this thread please. Thanks.
A guest post by Ovi
Below are a number of crude oil plus condensate (C + C ) production charts for Non-OPEC countries created from data provided by the EIA’s International Energy Statistics and updated to January 2022. This is the latest and most detailed world oil production information available. Information from other sources such as OPEC, the STEO and country specific sites such as Russia, Brazil, Norway and China is used to provide a short term outlook for future output and direction for a few countries and the world.
For comparison, December Non-OPEC chart posted in previous report. No Russian oil sanctions
Updated January Non-OPEC chart with impact of projected Russian oil sanctions.
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Read MoreA guest post by Ovi
All of the oil (C + C) production data for the US state charts comes from the EIAʼ’s Petroleum Supply monthly PSM.
U.S. February production decreased by a surprising 50 kb/d to 11,312 kb/d. Relative to November 2021 production of 11,773 kb/d, it has dropped by 461 kb/d. The main declining states were Texas 27 kb/d and ND 23 kb/d. The major decliner was the GOM which dropped by 93 kb/d. Of the top 3 states, only New Mexico increased its production.
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