October Non-OPEC Oil Production Resumed Climb

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 October 2020. Information from other sources such as OPEC, the STEO and country specific sites such as Russia and Norway is used to provide a short term outlook for future output and direction for a few countries and the world.

Note. I have just been informed that the EIA published their November report early. Normally they post the update at the end of the month. I will update this post ASAP and publish a November one. Sorry

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Non-OPEC Oil Production Starts to Rebound

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 EIA’s International Energy Statistics and updated to June 2020.  Information from other sources such as OPEC, the STEO and country specific sites is used to provide a short term outlook for future output and direction for a few countries.

Non-OPEC production has started to rebound from the May low of 45,379 kb/d. According to the EIA, June’s output added 564 kb/d to May’s to end up 45,943 kb/d. Using data from the STEO, a projection for Non-OPEC output was made to September. September output is expected to rise to 48,739 kb/d, with the biggest increment occurring in July, close to 1,000 kb/d. Of the 1,000 kb/d, 500 kb/d will be provided by the US.

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US July Oil Production Continues to Rise

A post by Ovi at peakoilbarrel

All of the oil (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM. After the production charts, an analysis of three EIA monthly reports projecting future production is provided. The charts below are updated to July 2020 for the 10 largest US oil producing states.

July’s US production continued to rebound from May’s low by adding 538 kb/d to June’s output. Since May, the US has added 965 kb/d, almost 1.0 Mb/d. May’s output was revised up by 3 kb/d from the EIA’s June report.

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May Non-OPEC Oil Production drops to 2013 levels

A post by Ovi on peakoilbarrel

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 May 2020.  Information from other sources such as the OPEC and country specific sites is used to provide a short term outlook for future output and direction.

Non-OPEC production dropped slowly from a high of 52,638 kb/d in December 2019 to 52,396 kb/d in March 2020. In April that changed when we saw the first big drop in output from the Non-OPEC countries associated with Covid and with the drop in world oil prices. May output collapsed to 45,340 kb/d, which is close to the production level in September 2013.

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