The EIA STEO was published recently the estimate below is based on data from that report and statistics from the EIA International Energy Statistics. The EIA expects the 2018 peak for annual average World C+C output will be surpassed in 2025.
The OPEC Monthly Oil Market Report (MOMR) for July 2024 was published recently. The last month reported in most of the OPEC charts that follow is June 2024 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In the OPEC charts below the blue line with markers is monthly output and the thin red line is the centered twelve month average (CTMA) output.
Comments not related to oil or natural gas production in this thread please, thanks.
Read MoreBy Ovi
All of the Crude plus Condensate (C + C) production data, oil, for the US state charts comes from the EIAŹ¼s Petroleum Supply monthly PSM which provides updated information up to April 2023.
U.S. April oil production rose by 72 kb/d to 13,248 kb/d. The largest increases came from Texas, 53 kb/d while New Mexico dropped by 24 kb/d.
US production has been flat since September 2023.
Read MoreThe EIA STEO was published recently the estimate below is based on data from that report and statistics from the EIA International Energy Statistics. The EIA expects the 2018 peak for annual average World C+C output will be surpassed in 2025.
