EIA’s December Oil Production Outlooks

A guest post by Ovi

Each month the EIA produces four reports which project oil output for the US and the World. The Short Term Energy Outlook (STEO) forecasts oil output for a period of 12 to 24 monthsg into the future for US and World oil production. A second report, the Drilling Productivity Report (DPR) forecasts the combined production for conventional and tight oil in the main tight oil basins, four months ahead of the EIA monthly report. Their third report, Light Tight Oil (LTO), reports on only the tight oil produced in seven tight oil basins and a few smaller ones. A fourth and final outlook is the Monthly Energy Review (MER) that forecasts US output two months past the official US production numbers, for this report that will be October and November.

Normally the Outlooks report appears at the end of the monthly US report. For this month it has been posted separately and early.

1) Short Term Energy Outlook

The December STEO provides projections for the next 15 months, starting with October 2021 to December 2022, for US C + C and other countries.

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Non-OPEC Oil Production Drops in August

A guest post by Ovi

Below are a number of oil (C + C ) production charts for Non-OPEC countries created from data provided by the EIA’s International Energy Statistics and updated to August 2021. 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.

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July US Oil Production Growth Slows

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 July 2021 for the 10 largest US oil producing states.

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April Non-OPEC Oil Output Declines

A post by Ovi at peakoilbarrel.

Below are a number of oil (C + C ) production charts for Non-OPEC countries created from data provided by the EIAʼs International Energy Statistics and updated to April 2021. Information from other sources such as OPEC, the STEO and country specific sites such as Russia, Norway and China is used to provide a short term outlook for future output and direction for a few countries and the world.

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