Crude oil and natural gas liquids production

• Date: 01 July 2019
• DOI: http://doi.org/10.1111/oet.12719
• Published date: 01 July 2019

STATISTICAL HIGHLIGHTS

Crude oil and natural gas liquids production

Provisional estimates for OPEC crude oil production in May

2019 totaled 30.3 mn bpd. For the 12 members of OPEC,

natural gas liquids (NGL) production for May was 5.4 mn

bpd, bringing total combined production of crude oil and

NGL to 35.7 mn bpd, up 2.7 mn bpd or 7.1% lower than the

figure for May 2018.

Crude oil and NGL production in the OECD 30 countries

totaled 25.5 mn bpd in May, up by 2.1 mn bpd or 8.8% from

the previous year.

Production in the countries of the Commonwealth of

Independent States (CIS) for May 2019 was 15.0 mn bpd,

down 0.1 mn bpd or 0.5% compared with May 2018, and for

the rest of the world, production was 16.6 mn bpd, up by 0.4

mn bpd or 2.2% higher than the figure from the

previous year.

Total world production of crude oil and NGL for May

2019 totaled 92.8 mn bpd, a decrease of 0.4 mn bpd or 0.4%

compared with the figure for May 2018.

1|NATURAL GAS PRODUCTION

US production of natural gas for March 2019 was 78.7 bcm,

up 8.4 bcm or 11.9% compared with March 2018.

In Canada production in March totaled 16.9 bcm, an

increase of less than 0.1 bcm or 0.8% compared with March

2018. Production for OECD Europe-23 was 19.9 bcm, a

decrease of 1.1 bcm or 5.4% on the previous year.

Natural gas production in the CIS countries was 91.2

bcm, up 5.3 bcm or 6.1% compared with March 2018.

Over all, world total natural gas production in March

2019 was 368.5 bcm, an increase of 15.7 bcm or 4.5% com-

pared with the figure for March 2018.

2|COAL AND LIGNITE

PRODUCTION

World total combined production of coal and lignite in

March 2019 was 547.7 mn mt, down 2.6 mn mt, a decrease

of 0.5% on the previous year.

Production in the United States in March was 47.8 mn

mt, a decrease of 12.7 mn mt or 21% compared with the fig-

ure for March 2018.

The CIS countries produced 51.7 mn mt of coal and lig-

nite in March 2019, an increase of 2.1 mn mt or 4.1% com-

pared with March 2018.

3|ELECTRICITY PRODUCTION

Net total world production of electricity in March 2019 was

41.8 bn kWh or 2% higher than in March 2018, at 2085.2

bn kWh.

In China, net electricity production increased by 490.8 bn

kWh, or 6.4% on the figure for March 2019, at 528.0 bn

kWh. US production for March 2019 was up 9.9 bn kWh, or

3.1% compared with the figure for March 2018 at 329.8

bn kWh.

Net electricity production in OECD Europe-23 decreased

by 9.7 bn kWh, or 3.1% compared with March 2018, at

302.7 bn kWh.

4|PRODUCTS DEMAND

Demand for oil products in the United States for March

2019 was 20.3 mn bpd, an increase of 0.1 mn bpd compared

with March 2018.

Across the OECD 30 countries, products demand was

44.9 mn bpd, down by 0.6 mn bpd or 1.4% compared with

March 2018.

Products demand in Japan for March 2019 was 3.9 mn

bpd, a decrease of 0.2 mn bpd or 5.8% compared with the

previous year.

Total world demand for petroleum products in March

2019 was 91.9 mn bpd, a decrease of 5.4 mn bpd or 4.6%

compared with the figure for March 2018.

How to cite this article: Crude oil and natural gas

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

9. https://doi.org/10.1111/oet.12719

9