Gulf Of Mexico Oil Production

August Non-OPEC & World Oil Production Rose

12/12/202412/12/2024 Ovi 104 Comments

By Ovi

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC oil producing countries. OPEC production is covered in a separate post.

Below are a number of Crude plus Condensate (C + C) production charts, usually shortened to “oil”, for oil producing countries. The charts are created from data provided by the EIA’s International Energy Statistics and are updated to July 2024. This is the latest and most detailed/complete World oil production information available. Information from other sources such as OPEC, the STEO and country specific sites such as Brazil, Norway, Mexico and China is used to provide a short term outlook.

World oil production increased by 126 kb/d in August to 81,724 kb/d, green graph. The largest increase came from the U.S., 195 kb/d. September’s World oil production is projected to decrease by 880 kb/d to 81,844 kb/d. The countries contributing to the large September decrease are Norway and Libya, 180 kb/d and 400+ kb/d respectively.

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.

US January Production Drop Surprises

04/01/202204/01/2022 Ovi 204 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. January production decreased by a surprising 216 kb/d to 11,371 kb/d. In December production dropped by 206 kb/d. The main declining states were Texas 120 kb/d, New Mexico 31 kb/d, and ND 24 kb/d. Of the top 10 states, only Colorado increased its production.

Hurricane Ida Collapses US September Oil Production

11/30/202112/01/2021 Ovi 237 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. After the production charts, an analysis of three EIA monthly reports that project future production is provided. The charts below are updated to September 2021 for the 10 largest US oil producing states.

August US Oil Production Drops due to Hurricane Ida

10/30/202110/30/2021 Ovi 250 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. After the production charts, an analysis of three EIA monthly reports that project future production is provided. The charts below are updated to August 2021 for the 10 largest US oil producing states.