World oil industry statistics
Figure 2 Oil and gas rig count for the USA, data from Baker Hughes up to 2 January 2015. The recent top in operating oil rigs was 1609 rigs on 10 October 2014. On January second the count was down 127 to 1482 units. US oil drilling is clearly heading down and a crash of similar magnitude, if not worse, Technical articles, news and industry statistics relating to the upstream oil and gas industry. Login / Free Trial / Subscribe / Advertise. World Oil magazine’s Editor-in-Chief, Kurt Abraham Notably, the U.S. is both the world's largest oil consuming nation and the world's largest natural gas consuming nation, consuming nearly 919.7 million metric tons of oil in 2018 and 29.95 trillion cubic feet of natural gas in 2018. Texas is one of the United States' leading oil producing states. However, EIA estimates that Saudi Arabia’s crude oil production returned to pre-outage levels as of October 3. EIA forecasts that annual average OPEC crude oil production will average 29.8 million b/d in 2019, down by 2.1 million from 2018, and 29.6 million b/d in 2020.
World Oil provides news, oil prices, data, statistics, shale reports and upstream industry trends relating to the exploration, drilling, completion and production of oil and gas, both onshore and
World Oil provides daily news, trends and data for the global upstream industry, including in-depth coverage of deepwater, subsea, shale, exploration, drilling, well completion, unconventionals Oil 2019, the annual IEA outlook for global oil markets, examines the key issues in demand, supply, refining and trade to 2024. This year, the report covers the following themes: a changed supply picture led by the rise of the United States in world markets thanks to rapidly-growing shale oil Since its inception in 1983, the IEA's Oil Market Report (OMR) has become recognised as one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for OECD and selected non-OECD countries. Trade data are reported extensively by origin and destination. Data are available for some 20 oil products and are provided in thousand metric tons, including conversion factors. This database also contains some major series for world-wide historical demand and supply. Crude Oil Industry Trends and Analysis. The crude oil industry always seems like it is facing a deadline. If no future crude oil reserves are found, then the current supply of provable reserves will be depleted by the year 2039. For more than a generation, the industry has faced a similar 30-year deadline, but continued to find new reserves to use. Articles, news, products, blogs and videos covering the Industry Statistics market. The United States is the top oil-producing country in the world, with an average of 17.87 million b/d, which accounts for 18% of the world's production. This is up from the 15.6 million b/d in 2017.
World Oil provides news, oil prices, data, statistics, shale reports and upstream industry trends relating to the exploration, drilling, completion and production of oil and gas, both onshore and
World Oil provides news, oil prices, data, statistics, shale reports and upstream industry trends relating to the exploration, drilling, completion and production of oil and gas, both onshore and
More broadly, global upstream capital expenditure, which dropped nearly 45 percent between 2014 and 2016 is now forecast to rise 6 percent year-on-year in the
23 Jun 2019 The latest BP Statistical Review shows the importance of the U.S. oil contribution to the global oil market. factfish world data series "Crude oil, production (thousand metric tons)" contains current and historical data for 146 countries. The expected falls mirror similar declines on global markets. Weak economic activity caused growth in demand for petroleum products and crude oil to stall. The More broadly, global upstream capital expenditure, which dropped nearly 45 percent between 2014 and 2016 is now forecast to rise 6 percent year-on-year in the Through synthesis and improved understanding of global oil and gas data, we shall establish a geologic basis for predicting energy production trends, we shall Global oil market outlook. 3. Global trends in refining. 22. Global natural gas market outlook. 30. Challenges for Russian oil and gas industry. 42. Conclusion. 59
Energy Information Administration - EIA - Official Energy Statistics from the U.S. Government. U.S. Energy Information Administration - EIA - Independent Statistics and Analysis World Oil Transit Chokepoints Released July 25, 2017 | tags: CAB annual international oil/petroleum transportation. Report Types: Data, Analysis.
A look at regional supply of – and demand for – oil and gas the world over. Based on the latest BP Statistical Review of World Energy, published in June 2019, 11 Mar 2020 EIA forecasts OPEC crude oil production will rise to an average of 29.4 million b/d in 2021. The OPEC production data in the March STEO The Oil Information database includes detailed and comprehensive annual data of oil supply, demand, trade, production and consumption by end-user for . 19 Nov 2019 -40 0 40 80 120 160 200. IEA. All Rights Reserved. Crude oil and NGL production; Total oil demand; Supply-Demand gap (secondary axis) 19 Nov 2019 Oil statistics 2019, World oil production by region, 1971-2018 : OECD, OPEC and rest of the world. World Oil provides news, oil prices, data, statistics, shale reports and upstream industry trends relating to the exploration, drilling, completion and production of
Global oil market outlook. 3. Global trends in refining. 22. Global natural gas market outlook. 30. Challenges for Russian oil and gas industry. 42. Conclusion. 59