Crude oil and natural gas liquid production

• DOI: http://doi.org/10.1111/oet.12684
• Date: 01 May 2019
• Published date: 01 May 2019

STATISTICAL HIGHLIGHTS

Crude oil and natural gas liquid production

Provisional estimates for OPEC crude oil production in

March 2018 totaled 30.3 mn bpd. For the 12 members of

OPEC, natural gas liquids (NGL) production for March was

5.8 mn bpd, bringing total combined production of crude oi l

and NGL to 36.0 mn bpd, down 2.4 mn bpd or 6.3% lower

than the figure for March 2017.

Crude oil and NGL production in the OECD 30 countries

totaled 26.3 mn bpd in March, up by 2.2 mn bpd or 9.1%

from the previous year.

Production in the countries of the Commonwealth of Inde-

pendent States (CIS) for March 2018 was 15.3 mn bpd, up

0.3 mn bpd or 1.8% compared with March 2017, and for the rest

of the world, production was 16.4 mn bpd, up by than

0.2 mn bpd or 1% higher than the figure from the previous year.

Total world production of crude oil and NGL for March

2018 totaled 94.1 mn bpd, an increase of 0.2 mn bpd or

0.2% compared with the figure for March 2017.

1|NATURAL GAS PRODUCTION

US production of natural gas for January 2018 was 77.8 bcm,

up 9.4 bcm or 13.7% compared with January 2017.

In Canada production in January totaled 17.0 bcm, an

increase of less than 1.0 bcm or 0.6% compared with January

2017. Production for OECD Europe-23 was 22.1 bcm, a

decrease of 0.7 bcm or 3.1% on the previous year.

Natural gas production in the CIS countries was

87.8 bcm, up 1.8 bcm or 2.1% compared with January 2017.

Over all, world total natural gas production in January

2018 was 368.3 bcm, an increase of 29.0 bcm or 8.6% com-

pared with the figure for January 2017.

2|COAL AND LIGNITE

PRODUCTION

World total combined production of coal and lignite in

January 2018 was 538.5 mn mt, up 10.2 mn mt, an increase

of 1.9% on the previous year.

Production in the United States in January was

56.7 mn mt, a decrease of 0.6 mn mt or 1% compared with

the figure for January 2017.

The CIS countries produced 47.5 mn mt of coal and lig-

nite in January 2018, an increase of 1.9 mn mt or 4.2% com-

pared with January 2017.

3|ELECTRICITY PRODUCTION

Net total world production of electricity in January 2018 was

66.1 bn kWh or 3.1% higher than in January 2017, at

2188.8 bn kWh.

In China, net electricity production increased by

88.8 bn kWh, or 20.3% on the figure for January 2017, at

526.1 bn kWh. US production for January 2018 was up

18.4 bn kWh, or 4.9% compared with the figure for Januar y

2017 at 391.6 bn kWh.

Net electricity production in OECD Europe-23 increased

by 4.2 bn kWh, or 1.3% compared with January 2017, at

323.2 bn kWh.

4|PRODUCTS DEMAND

Demand for oil products in the United States for January

2018 was 20.5 mn bpd, a decrease of less than 0.1 mn bpd

compared with January 2017.

Across the OECD 30 countries, products demand was

44.9 mn bpd, down by 0.6 mn bpd or 1.3% compared with

January 2017.

Products demand in Japan for January 2018 was

3.5 mn bpd, a decrease of 0.1 mn bpd or 3.0% compared

with the previous year.

Total world demand for petroleum products in January

2018 was 94.7 mn bpd, a decrease of 5.3 mn bpd or 5.3%

compared with the figure for January 2017.

How to cite this article: Crude oil and natural gas

liquid production. Oil and Energy Trends. 2019;44:

9–9. https://doi.org/10.1111/oet.12684

9