Crude Oil Production

• Date: 01 December 2016
• Published date: 01 December 2016
• DOI: http://doi.org/10.1111/oet.3_12310

OIL AND ENERGY TRENDS, DECEMBER 2016 OIL PRODUCTION 17

Table 4.1 World Oil Production: Overview

(thousand barrels/day) Including NGL

1970 28,310 13,248 7,140 3,760 52,458

1980 27,476 16,915 12,110 6,661 63,162

1985 16,785 19,702 11,984 9,188 57,658

1990 24,709 18,564 11,048 11,154 65,475

1995 25,945 20,250 7,308 12,533 66,037

2000 32,855 19,049 11,974 15,935 79,813

2011 34,902 17,712 13,861 16,429 82,904

2012 36,555 18,590 13,872 15,856 84,873

2013 35,650 19,764 13,921 15,991 85,327

2014 35,434 21,492 13,917 15,820 86,663

2015 36,127 22,411 13,755 16,166 88,458

2014 Aug 35,624 21,224 13,997 15,594 86,440

Sep 36,288 21,801 13,940 15,769 87,798

Oct 35,743 22,223 14,125 15,896 87,987

Nov 35,437 22,181 13,477 16,005 87,100

Dec 35,511 22,507 13,798 16,104 87,920

2015 Jan 35,489 22,400 13,925 16,151 87,966

Feb 35,460 22,659 13,460 16,187 87,766

Mar 36,245 22,791 13,665 16,153 88,854

Apr 36,297 22,671 13,650 16,248 88,867

May 36,721 22,153 13,587 16,234 88,695

Jun 37,403 22,155 13,973 16,301 89,832

Jul 37,311 22,806 13,824 16,197 90,138

Aug 37,231 22,469 13,811 16,264 89,776

Sep 37,325 21,897 13,761 16,208 89,191

Oct 37,294 22,195 13,590 15,890 88,969

Nov 37,283 22,373 13,928 16,061 89,644

Dec 37,320 22,368 13,790 16,129 89,607

2016 Jan 37,618 22,713 13,815 15,956 90,102

Feb 37,247 22,510 14,075 15,915 89,747

Mar 37,056 22,657 14,259 15,873 89,845

Apr 37,474 22,283 13,730 15,744 89,231

May 37,266 21,088 13,667 15,912 87,933

Jun 37,559 21,353 13,657 16,043 88,612

Jul 37,704 22,415 13,804 16,004 89,927

Aug 37,838 22,328 13,142 15,974 89,281

Sep 38,029 21,644 13,722 15,798 89,193

Oct 38,546 21,858 13,510 15,585 89,499

Table 4.2 OPEC Crude Oil Production

OPEC Crude Oil Production Estimated OPEC NGL

(thousand barrels/day) Excluding NGL (thousand barrels per day)

2013 2014 2015 2016 2016 2016 2016 2016 2016 2016 2016 2013 2014 2015

Mar Apr May Jun Jul Aug Sep Oct

Middle East

Iran 2,790 2,800 2,860 3,100 3,380 3,440 3,510 3,550 3,610 3,620 3,660 530 530 540

Iraq 3,180 3,310 4,060 4,280 4,390 4,320 4,320 4,330 4,300 4,480 4,580 40 40 40

Kuwait 2,615 2,650 2,685 2,760 2,620 2,750 2,760 2,810 2,830 2,860 2,880 210 200 200

Neutral Zone 470380150000 00000 - --

Qatar 720 710 650 640 640 640 620 620 640 640 640 1,220 1,210 1,240

Saudi Arabia 9,655 9,520 10,135 10,200 10,180 10,200 10,320 10,490 10,570 10,530 10,480 1,640 1,830 1,790

UAE 2,790 2,780 2,890 2,660 2,900 2,900 2,910 2,930 2,960 3,000 3,050 400 400 560

Total OPEC Mid East 22,220 22,150 23,430 23,640 24,110 24,250 24,440 24,730 24,910 25,130 25,290 4,040 4,210 4,370

Africa

Algeria 1,130 1,150 1,100 1,100 1,100 1,090 1,090 1,090 1,090 1,090 1,120 510 470 490

Angola 1,640 1,660 1,750 1,780 1,760 1,730 1,740 1,750 1,770 1,730 1,550 17 17 17

Libya 410 460 390 320 340 250 310 290 260 330 550 90 50 50

Nigeria 1,900 1,960 1,900 1,750 1,720 1,520 1,560 1,450 1,440 1,420 1,650 401 207 213

Total OPEC Africa 5,080 5,230 5,140 4,950 4,920 4,590 4,700 4,580 4,560 4,570 4,870 1,018 744 770

Other OPEC

Ecuador 550 540 540 550 540 540 540 540 540 540 540 - - -

Venezuela 2,340 2,360 2,410 2,370 2,340 2,320 2,290 2,270 2,220 2,180 2,170 210 210 210

Indonesia ------ --------

Total OPEC Other 2,890 2,900 2,950 2,920 2,880 2,860 2,830 2,810 2,760 2,720 2,710 210 210 210

Total Opec ex NGLs 30,190 30,280 31,520 31,510 31,910 31,700 31,970 32,120 32,230 32,420 32,870

OPEC NGLs 5,268 5,164 5,350 5,546 5,564 5,566 5,589 5,584 5,608 5,609 5,676 5,268 5,164 5,350

Total OPEC incl. NGLs 35,458 35,444 36,870 37,056 37,474 37,266 37,559 37,704 37,838 38,029 38,546

Note: OPEC totals for tables 4.1 and 4.2 may differ due to rounding

OPEC-12 OECD-30 Total WorldCIS/FSU Other

84

85

86

87

88

89

90

91

million barrels per day

2014-2016

Total World Oil Production

34

34

35

35

36

36

37

37

38

38

39

39

million barrels per day

2014–2016

Total OPEC Oil Production