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OPEC March Crude Oil Production Data

OPEC March Crude Oil Production Data All OPEC data below was taken from the April issue of The OPEC Monthly Oil Market Report. The data is through March 2018 and is thousands of barrels per day. OPEC crude oil production dropped just over 200,000 barrels per day in March. They are now just over one […]

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OPEC February Production Data

OPEC February Production Data The March OPEC Monthly Oil Market Report is out with the February production data. All data is through February 2o18 and is in thousand barrels per day, C OPEC crude only production was down 77,000 barrels per day in February but that was after January production had been revised downward 40,000 […]

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OPEC January Oil Production Data

OPEC January Oil Production Data The OPEC Monthly Oil Market Report is out production data for January 2018. All data, unless otherwise noted, is through January 2018 and is in thousand barrels per day. OPEC crude only production has held steady for three months. However, this chart masks the fact that November production was revised […]

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OPEC December Oil Production

OPEC December Oil Production The latest OPEC Monthly Oil Market Report is out with production numbers for December 2017. All data is in thousand barrels per day. Total OPEC crude only production was up by 42,400 barrels per day in December. However, that was after November production was revised downward by 75,000 bpd. So OPEC production […]

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OPEC November Oil Production

OPEC November Oil Production The OPEC data below was taken from the December OPEC Monthly Oil Maret Report. All data is through November 2017 unless otherwise noted. OPEC crude oil production declined by 133,500 barrels per day in November. Algeria was up slightly in November after that huge decline in October. Angola was the biggest […]

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OPEC October Production Data

OPEC October Production Data All data below is based on the latest OPEC Monthly Oil Market Report. All data is through October 2017 and is in thousand barrels per day. I have now included Equatorial Guneia although I only have data from January 2015 from OPEC’s secondary sources. The January 2015 E. Guneia data was extended back […]

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How OPEC Continues To Cheat On Its Own Deal

How OPEC Continues To Cheat On Its Own Deal All data below is based on the latest OPEC Monthly Oil Market Report. All data is through September 2017 and is in thousand barrels per day. (Click to enlarge) The above chart does not include the 14th member of OPEC that was recently added, Equatorial Guinea. […]

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OPEC August Crude Oil Production

OPEC August Crude Oil Production All data below is based on the latest OPEC Monthly Oil Market Report. All data is through August 2017 and is in thousand barrels per day. The above chart does not include the 14th member of OPEC that was just added, Equatorial Guinea. I do not have historical data for Equatorial Guinea […]

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End of the U.S. Major Oil Industry Era: Big Trouble At ExxonMobil

END OF THE U.S. MAJOR OIL INDUSTRY ERA: Big Trouble At ExxonMobil The era of the mighty U.S. major oil industry is coming to an end as the country’s largest petroleum company is in big trouble.  While ExxonMobil has been the most profitable U.S. oil company in the past, it suffered its worst year on […]

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Bakken Production Down, OPEC Production Up

Bakken Production Down, OPEC Production Up North Dakota has released August production data for the Bakken and also for all North Dakota. Bakken production was down 46,433 barrels per day to 930,931 bod, All North Dakota was down 48,695 bpd to 981,039 bpd. This is first time North Dakota has been below 1 million barrels per day since March of 2014. […]

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Mexico, China and Beyond

Mexico, China and Beyond Ron Patterson’s post asking if China’s oil production has peaked reminded me of Mexico which also produces mainly from supergiant fields. Mexico’s oil production peaked in 2004 and has averaged a 3.5 percent per annum decline rate since, with a peak yearly decline rate of 9 percent in 2008. China’s oil production has fallen 10% […]

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Bakken July Production Data

Bakken July Production Data North Dakota has just come out with their oil production numbers for July 2016. Bakken production was up by 3,046 barrels per day while all North Dakota production was up 2,376 barrels per day. The EIA’s Drilling Productivity Report missed it for July. They will make the correction next month. Barrels per day per well […]

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North Dakota down over 70,000 bpd in April

North Dakota down over 70,000 bpd in April The Bakken and North Dakota production data is out. Big surprise. The Bakken was down 69,420 barrels per day in April while all North Dakota was down 70,414 bpd. Largest drop ever in North Dakota production. The Bakken is now under one million barrels per day. This gives you some idea […]

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EIA World Crude Oil Production

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 […]

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North Dakota Oil Production Declining But Slowly

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. From the Director’s Cut: Producing Wells  February   […]

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