Norway – Page 8 – Peak Oil Barrel

World Oil Production, February 2019 Data.

05/29/201905/31/2019 Ron Patterson 400 Comments

The data for the charts below are from the EIA’s Monthly Energy Review. I will update this post Friday, May 31st with March data for the USA and charts for several states when the EIA’s Petroleum Supply Monthly is published. All data is through February 2019 and is thousand barrels per day.

World C+C production was down only slightly in February, dropping only 87,000 barrels per day to 82,389,000 bpd.

It is my contention that World, less USA peaked in November 2016 with the 12 month average peaking in 2017.

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The EIA’s Optimistic Outlook

03/21/201903/21/2019 Ron Patterson 329 Comments

Most of the data below is taken from from the EIA’s Short-Term Energy Outlook. The data through February, 2019 is the EIA’s best estimate of past production and all data from March 2019 through December 2020 is the EIA’s best estimate of future production. However in most cases February production is highly speculative so I drew the “projection” line between January and February.

Understand the above chart is Total Liquids, not C+C as I usually post. As you can see the EIA expects world petroleum liquids to keep climbing ever upwards.

This is the EIA’s data for OPEC all liquids with Production data from April 2019 through December 2020.

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EIA’s Data for World and Non-OPEC Oil Production

02/25/201902/25/2019 Ron Patterson 270 Comments

The EIA has just published their data on World and Non-OPEC Oil Production. All data is through November 2018 and is in thousand barrels per day. All data is Crude + Condensate.

World C+C was up 96,000 bpd in November to 84,225,000 bpd.

Non-OPEC was up 280,000 bpd in November to 48,638,000 bpd.

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EIA’s Latest USA & World Oil Production Data

09/05/201809/05/2018 Ron Patterson 323 Comments

These first charts are taken from the EIA’s Monthly Crude Oil and Natural Gas Production. The data are through June 2018 and is in thousand barrels per day.

US C+C production was up 231,000 barrels per day in June to 10,674,000 bpd, an all-time high.

Texas was up 165,000 barrels per day in June to 4,410,000 bpd.

USA and World Oil Production

07/04/201807/05/2018 Ron Patterson 228 Comments

All data below is from various sources. All US data is from the EIA. Unless otherwise noted is in thousand barrels per day.

USA data is through April. C+C production was almost flat in April, down 2,000 bpd.

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