Peak Oil Barrel – Page 57 – The Reported Death of Peak Oil Has Been Greatly Exaggerated

Non-OPEC January Oil Production Rises

05/10/202205/10/2022 Ovi 314 Comments

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.

Open Thread Non-Petroleum, May 10, 2022

05/10/202205/10/2022 Ovi 99 Comments

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

US February Oil Production Surprises to the Downside

05/02/202205/02/2022 Ovi 231 Comments

A 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.

Open Thread Non-Petroleum, May 2, 2022

05/02/202205/02/2022 Ovi 145 Comments

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

Decline in World Conventional Oil Output and Peak Oil

04/25/202204/25/2022 D C 216 Comments

World Conventional Oil output peaked at a centered twelve month average (CTMA) of 74193 kb/d in July 2016. This peak is unlikely to be surpassed in the future. I do not include an estimate of unconventional oil produced in Venezuela as this data is difficult to find. In the chart below, I compare World C+C output to World conventional oil, which I define in this post as World C+C minus the sum of US tight oil and Canadian oil sands. The units for most charts (figures 11 and 12 are exceptions) will be kb/d on vertical axes. Data for oil output in all charts that follow will be the centered twelve month average output. Data is from the EIA’s International Energy Statistics.