Definition: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2012See also: Oil - production map
A New American Oil Bonanza
New York Times - 8/29/2014 12:13:03 AM
The United States now accounts for 10 percent of the world’s oil production. As it sharply curtails imports from countries like Angola and Nigeria, those producers are then compelled to sell their oil to China and other Asian markets at steep discounts ...
Top 10 Oil-Producing Countries In Africa
AFKinside - 8/22/2014 1:35:55 PM
along with how much of the countries’ gross domestic product is earned from oil rents (the difference between the value of crude oil production and the total cost of production). All the oil rent data in this list comes from The World Bank, and data on ...
Major Changes in World Oil, Gas Markets: Report
sourceable.net - 8/28/2014 4:34:55 PM
We are a world leader in LNG megaproject execution, and we are emerging as an energy exporting nation.” In its report, Deloitte argues the extent of transformation involved in unlocking America’s shale formations, with the country’s oil production ...
Iraq and Libya spark oil production fears
Opalesque Hedge Fund News - 8/29/2014 1:10:19 AM
The world fears an oil crisis will occur if the security situation in oil-producing countries does not improve ... If an Iraqi oil disaster occurs — especially if production allocated for export is halted — oil prices will easily hit an average ...
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 9:15:50 AM
July 28 (Reuters) - The cost of pumping ... to make new discoveries, production costs were generally estimated at $20 a barrel (operating and capital costs). Those figures do not include the more expensive Orinoco oil from the country's sand deposits.
OPEC oil output rises in August as Libyan recovery holds
Reuters - 8/28/2014 12:38:42 PM
LONDON, Aug 28 (Reuters) - OPEC's oil production has risen in August from July ... Supply from the Organization of the Petroleum Exporting Countries has averaged 30.15 million barrels per day (bpd) in August, up from 30.06 million bpd in July, according ...
Uganda: Oil reserve jumps to 3.5b barrels
en.starafrica.com - 8/28/2014 7:48:11 PM
since it has always been based on analogies from somewhere else in the world. However, he said, Uganda is now relying on its own data. “So far appraisals of 14 oil fields have been concluded and the companies have submitted applications for production ...
World Depends on Two Countries for Increase in Oil Production
Oil Price - 11/11/2013 11:59:04 PM
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20 countries seeing biggest increase in oil production
Rediff India Abroad - 11/8/2013 3:09:55 AM
3.11 million barrels per day Overall rank in oil production rise in 2012: 7 Canada, one of the most advanced countries in the world, has more than 4 per cent share of oil production. Change in share of world oil production (1973-2012): 0.59 per cent Share ...
Could shale revive China's flagging oil fields?
Win 98.5 - 8/22/2014 9:03:54 AM
But China's production has leveled off at best, while its oil demand has boomed. China has overtaken the United States and Japan to become the biggest oil importer in the world. Once more the country is threatened by its dependence on foreign oil.
Top 10 oil and gas producing countries in 2012
Mining - 6/14/2013 10:46:25 PM
World oil production ... with 395 million tonnes of oil produced last year. Eight out of 10 countries increased their oil output and only two — Iran and Mexico — fell. The US is the leader in terms of oil production growth in 2012 (+14%), whereas ...
Top 5 Oil-Producing Countries In 2011
Investopedia - 3/22/2011 11:58:11 PM
However, some have commented that current price rise may be an overreaction, since Libya produces only about 2% of the world's oil per day. While that is not an insignificant amount, other large oil producing countries could potentially step up production ...
Opec oil output rises in August on Libyan data
The Peninsula - 8/28/2014 6:22:18 PM
LONDON: Opec’s oil production has risen in August from July ... Supply from the Organisation of the Petroleum Exporting Countries has averaged 30.15 million barrels per day (b/d) in August, up from 30.06m b/d in July, according to the survey based ...
Crude oil anchored to $100
The Hindu Business Line - 8/24/2014 3:06:36 PM
The US is currently the world’s second largest crude oil importer ... more than double what it is producing today. Besides, production disruptions in other major oil producing countries have reduced. Meanwhile, the Paris-based International Energy ...
Oil experts say demand will stay high
The News-Press - 8/24/2014 12:40:27 AM
"The maximum yearly oil production of the planet is taking place now!" That from CEO Dave Demshur. Core Labs has 70 offices in 50 countries. Their business ... Core Labs (CLB $150) has a unique view of the world few others could envision.