Peak Oil – Page 16 – Peak Oil Barrel

Permian Pushes US September Oil Production to Post-Pandemic High

12/02/202212/04/2022 Ovi 114 Comments

A Guest post by Ovi

All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIAʼs November Petroleum Supply monthly PSM which provides updated information up to September 2022.

U.S. September production increased by 289 kb/d to 12,268 kb/d. It should be noted that August’s oil production was revised up by only 4 kb/d in the current September report. The large increase over the August update is real. For September, the states with the largest increase were Texas 90 kb/d, New Mexico 75 kb/d and North Dakota 43 kb/d. The Gulf of Mexico added 64 kb/d.

OPEC Update, November 17, 2022

11/18/202211/18/2022 D Coyne 239 Comments

The OPEC Monthly Oil Market Report (MOMR) for November 2022 was published recently. The last month reported in most of the OPEC charts that follow is October 2022 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In most of the OPEC charts that follow the blue line is monthly output and the red line is the centered twelve month average (CTMA) output. I also show a number of charts from the recent World Energy Outlook 2022, published by the IEA in October. I focus on a selection of charts from Chapter 7 of that report which covers oil.

July Non-OPEC Oil Production Hits Post Pandemic High

11/11/202211/11/2022 Ovi 120 Comments

A guest post by Ovi

Below are a number of Crude plus Condensate (C + C) production charts, usually shortened to “oil”, for Non-OPEC countries. The charts are created from data provided by the EIA’s International Energy Statistics and are updated to July 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.

July Non-OPEC oil production increased by 697 kb/d to 49,616 kb/d. The largest increases came from Norway 311 kb/d, Kazakhstan 200 kb/d and Canada 178 kb/d. The largest offsetting decrease came from China 153 kb/d.

US August Oil production at Post Pandemic High

11/02/202211/03/2022 Ovi 284 Comments

A guest post by Ovi

All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIAʼs October Petroleum Supply monthly PSM which provides data up to August 2022.

U.S. August production increased by 102 kb/d to 11,975 kb/d. It should also be noted that July’s oil production was revised up from 11,800 kb/d to 11,873 kb/d in the October report. So the total increase over the July report, including the revision, was 175 kb/d. For August, the state with the largest increase was Texas at 78 kb/d. August’s production was a new post pandemic high.

OPEC Update, October 2022

10/19/202210/19/2022 D Coyne 141 Comments

The OPEC Monthly Oil Market Report (MOMR) for October 2022 was published recently. The last month reported in most of the OPEC charts that follow is September 2022 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In most of the OPEC charts that follow the blue line is monthly output and the red line is the centered twelve month average (CTMA) output. Note however there are a few exceptions to this for OPEC+ charts near the end of the post where EIA C+C data was used which has the most recent data from June 2022 (so three months behind the OPEC crude only data in most of the charts that follow.)