China – Page 6 – Peak Oil Barrel

World Oil Production, September Numbers

12/29/201412/29/2014 Ron Patterson 317 Comments

The EIA has published International Energy Statistics with Crude + Condensate numbers for September 2014. As most of you know I only follow Crude + Condensate because I believe that biofuels and natural gas liquids should not be part of the peak oil equation.

The data in all charts is thousand barrels per day with the last data point September 2014.

World oil production was up 1,270,000 barrels per day in September. This was somewhat of a shocker. I had expected production to be up about .9 mbd but not this much.

Non-OPEC nations accounted for 833,000 bp/d of the increase.

And OPEC nations accounted for 438,000 bpd of the increase. The EIA said OPEC produced 32,734,000 barrels per day of C+C in September. OPEC’s “secondary sources” said OPEC produced 30,560,000 barrels of Crude Only in September. OPEC’s crude only production had dropped to 30,053,000 bpd in November, or over half a million barrels per day lower.

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The EIA’s World Oil Production Numbers

12/07/201412/07/2014 Ron Patterson 395 Comments

The EIA has recently published their International Energy Statistics. Their stats include all liquids such as NGLs, biofuels and even refinery process gain. But I only track actual oil. The EIA does not track “Crude Only” so we are forced to track what they do track which is Crude + Condensate.

The EIA is about four months behind with their world petroleum data. All data in this report has data through August, 2014 and is in thousand barrels per day.

World C+C production was down 124,000 barrels per day in August. But according to the IEA it will be up considerably more in September.

Non OPEC production shot up in November, 2013 but has made no progress since. Though US production has continued to climb, declines in the rest of the world have kept it from increasing.
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The EIA’s International Energy Statistics 2

11/10/201411/10/2014 Ron Patterson 168 Comments

The EIA, a few days ago posted their International Energy Statistics. They publish lots of statistics here but on monthly basis I only follow their production of world Crude Oil including Lease Condensate.

The data on all charts below is Crude + Condensate production through July 2014 and is in thousand barrels per day.

World C+C production was up 168,000 bpd to 77,023,000 bpd. The high, so far, was in February at 77,409,000 bpd.

Non-OPEC C+C was down 135,000 bpd from it high so far. It has been on a 9 month plateau high.

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The EIA’s International Energy Statistics

11/09/201411/10/2014 Ron Patterson 163 Comments

The data on all charts below is Crude + Condensate production through July 2014 and is in thousand barrels per day.

World C+C production was up 168,000 bpd to 77,023,000 bpd. The high, so far, was in February at 77,409,000 bpd.

Non-OPEC C+C was down 135,000 bpd from it high so far. It has been on a 9 month plateau high.

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JODI, the EIA and Their Data

05/23/201405/23/2014 Ron Patterson 102 Comments

There has been very little new data to report lately. The JODI, Joint Organizations Data Initiative, data for March came out a few days ago. JODI is very good as far as the data it reports goes. The problem is there is a lot of data they just don’t report. If a country does not report their production for a given month then JODI just leaves it blank. And some countries they can’t seem to get any data from, so JODI just gives them zero for every month. For those countries I just substitute EIA numbers.

As far as OPEC goes JODI is very political, reporting the inflated numbers that Iran and Venezuela report. I use instead the EIA data for those two countries. Anyway here is what I have from JODI. The Data is in kb/d, last data point March 2014:

But for a few countries JODI is a pretty good data source. Russia is a good example.

JODI has Russia peaking, so far, in November at 10,127 kb/d and now about 100 kb/d below that point. Analysis have, for years, been expecting Russian production to decline but new fields in Siberia have kept inching up a little bit each year. But with over 60% of their production still coming from Western Siberia’s giant, largely depleted, fields it looks like that long overdue decline may have finally arrived.
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