The EIA’s Short Term Energy Outlook is out. The data is in million barrels per day.
Not much has changed in the EIA’s projection since last month, however their projection for the remainder of this year and next year has increased slightly.
Tag: Peak Oil
EIA World Crude Oil Production
The EIA has apparently stopped publishing its International Energy Statistics. Instead they are now publishing an abbreviated version on their Total Energy web page titled: Tabel 11.1b World Crude Oil Production. Here they publish crude + condensate production numbers for Persian Gulf Nations, Selected Non-OPEC Countries, Total Non-OPEC and World. The “Selected Non-OPEC Producers are Canada, China, Egypt, Mexico, Norway, Russia, United Kingdom and the United States. They have just released their latest data through February 2016.
All the data below is in thousand barrels per day and through February 2016 unless otherwise noted.
They have world C+C peaking, so far, in November 2015 at 80,630,000 bpd. February production was 79,653,000 bpd, or 977,000 bpd below the peak. World C+C production, they say, averaged 80,035,000 in 2015. Average for the first two months of 2016 was 79,933.000 or 102,000 bpd below the average for 2015.
So with world production continuing to decline, there is little doubt that 2016 production will be well below 2015 production.
Texas Update May 2016 and Eagle Ford Output Estimate
Dean has provided me with his latest update for Texas Oil and Natural Gas production. Texas C+C output has increased slightly over the first 3 months of 2016.
Texas C+C output was 3549 kb/d in March 2016, about 39 kb/d higher than February. Read More
North Dakota Oil Production Declining But Slowly
The North Dakota Oil Production Stats are out. North Dakota crude oil production was down just less than 10,000 barrels per day.
Bakken crude oil production was down 7,743 bpd in March while all North Dakota production was down 9,846 barrels per day.