May Non-OPEC Oil Production Declines Again

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 May 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. The US report has an expanded view beyond production by adding rig and frac charts.

May Non-OPEC production decreased by 148 kb/d to 48,834 kb/d. The biggest decliners were Canada 193 kb/d, Brazil 120 kb/d, US 56 kb/d and Norway 38 kb/d. The biggest offsetting increases came from from Kazakhstan 148 kb/d and Russia 145 kb/d.

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GOM Oil Production fuels US June Increase

A Guest post by Ovi

All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM. 

U.S. June production increased by 201 kb/d to 11,816 kb/d. Of the 201 kb/d increase, the largest increase came from the GOM, 183 kb/d. June’s production was a new recent high at 26 kb/d higher than November 2021 which was producing at a rate of 11,790 kb/d.

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USA and World Oil Production

The USA data below was taken primarily from the EIA’s Petroleum Supply Monthly while some were taken from the EIA’s Monthly Energy Review.

I have some bad news to report. The EIA no longer published World production data or Non-OPEC production data. This data had previously been published in the Monthly Energy Review.

The Monthly Energy Review’s data was one month behind the Petroleum Supply Monthly but now they jumped two months and are now one month ahead of the Petroleum Supply Monthly. They now publish the previous month’s numbers, June in this case, but now publish only US data. The Petroleum Supply Monthly is unchanged.

EDIT: The Petroleum Supply Monthly does publish some, incomplete, world data… through April or one month behind their USA data. I will use that with an explanation and comments next month.

The closest I can come to World oil production, through June, is the combined production of OPEC, Russia, the USA, and Canada. This is 70% of total World Production.

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EIA tight oil estimates

The US Energy Information Administration publishes Tight Oil Production Estimates by Play each month (can be found at link above.)  I noticed this month that the estimates seemed different than I remembered so I checked earlier estimates I had saved on my computer.  The chart below compares estimates from Dec 2018 to April 2019 (where the last month of data in the estimate is Dec 2018, Feb 2019, March 2019, and April 2019).

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