US Gulf of Mexico, May Production
Guest Post by George Kaplan GoM Production Production for May by BOEM was 1673 kbpd and by EIA 1661, compared with 1661 and 1658 kbpd, respectively in April. March looks like the peak, at least near...
View ArticleGoM June Production Update
A Guest Post by George Kaplan Production Production for June by BOEM was 1631 kbpd and by EIA 1636, compared with 1673 and 1659 kbpd, respectively, in May. The decline was mostly from Thunder Horse...
View ArticleGoM July Production Update
A Guest Post by George Kaplan GoM C&C production for July by BOEM was 1746 kbpd and by EIA 1761, compared with, respectively, 1631 and 1634 kbpd (corrected) in June. The EIA number is a new peak,...
View ArticleGoM C&C Production: November Update
A Guest Post by George Kaplan EIA Reserves EIA provides estimates of proved reserves based on information from the E&Ps on form EIA-23 for crude only, and also shows the categories for changes...
View ArticleGoM Production, 2017 Summary
A Guest Post by George Kaplan 2017 was the highest producing year for oil in the GoM and included the record month in March. Gas, which has tended to come from shallow water wells, had accelerated...
View ArticleGoM: First Quarter 2018, Production Summary
A Guest Post by George Kaplan Crude and Condensate BOEM has March 2018 production at 1696 kbpd, which is down 1% month-on-month and 4% year-on-year (March 2017 was the peak production month for GoM so...
View ArticleUSA and World Oil Production
All data below is from various sources. All US data is from the EIA. Unless otherwise noted is in thousand barrels per day. USA data is through April. C+C production was almost flat in April, down...
View ArticleU.S. & World Oil Production and ExxonMobil Outlook
Here are the latest oil production numbers from the EIA. All data is in thousand barrels per day unless otherwise noted. The USA through May 2018. The upward surge has stalled for the last two months....
View ArticleEIA’s Latest USA & World Oil Production Data
These first charts are taken from the EIA’s Monthly Crude Oil and Natural Gas Production. The data are through June 2018 and is in thousand barrels per day. US C+C production was up 231,000 barrels per...
View ArticleGoM Reserves and Production Update, 1H2018
A Guest Post by George Kaplan Crude and Condensate Reserves BOEM remaining C&C reserve estimates for GoM increased by 649 mmbbls for 2016 (i.e. to 31st December 2016). This was 112% reserve...
View ArticleIs November 2019 the New US Peak Oil Date?
A post by Ovi at peakoilbarrel. Here I am again reporting on out of date US February oil production from the EIA April report after the world oil environment has been turned on its head. Fortunately...
View ArticleUS GoM 2019 Summary: Part II – Reserves
A Guest Post by George Kaplan Introduction BOEM produces an estimate of GoM reserves every year. This year’s covers estimates for then end of 2017. Nominally The figures given are 2P estimates but...
View ArticleGoM Summary Part IV: Company Details
A Guest Post by George Kaplan Production is dominated by major international companies particularly, and maybe surprisingly, European ones. Principally Shell and BP, but with Equinor, Eni, Total and...
View ArticleGoM Summary Part V: Possible Futures
A Guest Post by George Kaplan This analysis concerns C&C only. Natural gas production is low and steadily declining with few deep gas-condensate discoveries and the shallow dry gas fields at end...
View ArticleGulf of Mexico update
Through 2021 the federal waters of the northern Gulf of Mexico (OCS) have cumulative production of 23.4 Bbo and 193 Tcf. The deepwater (water depths > 1000’ as defined by BOEM) has produced 10.2...
View Article