{"id":25523,"date":"2017-09-12T15:58:13","date_gmt":"2017-09-12T20:58:13","guid":{"rendered":"http:\/\/olduvai.ca\/?p=25523"},"modified":"2017-09-12T15:59:24","modified_gmt":"2017-09-12T20:59:24","slug":"opec-august-crude-oil-production","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=25523","title":{"rendered":"OPEC August Crude Oil Production"},"content":{"rendered":"<header>\n<h3 class=\"entry-title\"><a href=\"http:\/\/peakoilbarrel.com\/opec-august-crude-oil-production\/\">OPEC August Crude Oil Production<\/a><\/h3>\n<\/header>\n<div class=\"entry-content\">\n<p>All data below is based on the latest OPEC <a href=\"http:\/\/www.opec.org\/opec_web\/static_files_project\/media\/downloads\/publications\/MOMR%20September%202017.pdf\">Monthly Oil Market Report<\/a>.<\/p>\n<p>All data is through<strong>\u00a0August 2017\u00a0<\/strong>and is in thousand barrels per day.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-17249\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/OPEC-13-8.jpg\" sizes=\"auto, (max-width: 771px) 100vw, 771px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/OPEC-13-8.jpg 771w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/OPEC-13-8-300x172.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/OPEC-13-8-768x439.jpg 768w\" alt=\"\" width=\"771\" height=\"441\" \/><\/p>\n<p>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 so I may not add them at all. \u00a0OPEC production has held steady for the past three months. Their production was down 79,000 barrels per day in August but that is not a big drop when production is over 32.5 million barrels per day.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-17250\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Secondary-Sources-12.jpg\" sizes=\"auto, (max-width: 648px) 100vw, 648px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Secondary-Sources-12.jpg 648w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Secondary-Sources-12-300x185.jpg 300w\" alt=\"\" width=\"648\" height=\"400\" \/><\/p>\n<p>August production was down 79,100 barrels per day.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-17251\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Algeria-8.jpg\" sizes=\"auto, (max-width: 769px) 100vw, 769px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Algeria-8.jpg 769w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Algeria-8-300x174.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Algeria-8-768x446.jpg 768w\" alt=\"\" width=\"769\" height=\"447\" \/><\/p>\n<p>Not much is happening in Algeria. They peaked almost 10 years ago and have been in slow decline ever since.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-17252\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Angola-8.jpg\" sizes=\"auto, (max-width: 773px) 100vw, 773px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Angola-8.jpg 773w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Angola-8-300x175.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Angola-8-768x447.jpg 768w\" alt=\"\" width=\"773\" height=\"450\" \/><\/p>\n<p>Angola peaked in 2010 but have been holding pretty steady since.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-17253\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Ecuador-10.jpg\" sizes=\"auto, (max-width: 766px) 100vw, 766px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Ecuador-10.jpg 766w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Ecuador-10-300x173.jpg 300w\" alt=\"\" width=\"766\" height=\"441\" \/><\/p>\n<p>Ecuador peaked in 2015.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-17254\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Gabon-8.jpg\" sizes=\"auto, (max-width: 806px) 100vw, 806px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Gabon-8.jpg 806w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Gabon-8-300x162.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Gabon-8-768x415.jpg 768w\" alt=\"\" width=\"806\" height=\"436\" \/><\/p>\n<p>Gabon\u2019s oil production dropped 32,300 bpd in August.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-17255\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Iran-13.jpg\" sizes=\"auto, (max-width: 777px) 100vw, 777px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Iran-13.jpg 777w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Iran-13-300x170.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Iran-13-768x435.jpg 768w\" alt=\"\" width=\"777\" height=\"440\" \/><\/p>\n<p>Iran has obviously reached peak post sanctions production. Like every other OPEC member, they are producing every barrel they possibly can.<\/p>\n<\/div>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OPEC August Crude Oil Production All data below is based on the latest OPEC Monthly Oil Market Report. All data is through\u00a0August 2017\u00a0and 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[185,600,6245,6074],"class_list":["post-25523","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-crude-oil-production","tag-opec","tag-peak-oil-barrel","tag-ron-patterson"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/25523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25523"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/25523\/revisions"}],"predecessor-version":[{"id":25524,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/25523\/revisions\/25524"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}