Total world oil production

The 10 largest oil1 producers and share of total world oil production2 in 20183. Country, Million barrels per day, Share of world total. United States, 17.94, 18%.

Through synthesis and improved understanding of global oil and gas data, we shall establish a geologic basis for predicting energy production trends, we shall   5 Dec 2018 As of 2017, the US was responsible for 13 percent of total world crude oil production, while Russia provided 13 percent and Saudi Arabia 13  The series of charts present levels of oil production and consumption The relative contribution of region's to the global total has remained  For that period, the top oil-producing regions in the world will be the Persian Gulf, G.F. UlmishekGlobal Resource Estimates from Total Petroleum Systems. Of the 42 largest oil producing countries in the world, representing roughly 98% of all oil Total, 40.74, 41.38, 41.92, 41.90, 42.03, 42.05, 41.60, 42.02, plateau. 22 Nov 2018 US Oil production will be setting more record highs in 2019 and 2020. US total all liquids oil production set a new record in 2014. There was a 

According to current estimates, 79.4% of the world's proven oil reserves are of OPEC oil reserves in the Middle East, amounting to 64.5% of the OPEC total.

world's proven conventional oil reserves at the end of 2014. Current oil production is production and its share in the world total varied significantly over the  COUNTRY COMPARISON :: CRUDE OIL - PRODUCTION. Crude oil - production is the total amount of crude oil produced, in barrels per day (bbl/day). Rank (total), Country, Total (barrels per day), per Capita (liters per year), per km² ( liters per day), Date. 1, Russia, 10,250,000, 4,127.86, 99.50, 2015 est. 2, Saudi  With recovering crude oil prices last year, total oil production in the U.S. rose 5.6 percent from the year before and increased to average 13.06 million barrels per  Crude oil and NGL production; Total oil demand; Supply-Demand gap ( secondary axis). World oil production stood at 98.3 Mb/d in 2018, up from the 2017 daily 

13 Feb 2020 Read more. World oil production from 1998 to 2018 (in 1,000 barrels per day).

Crude oil production grew at approximately 1.5% per year example, the International Energy Agency (IEA) [8] projects NGLs of the total recoverable resources has been produced (figure 9). The Middle East has over half of the world's proven oil reserves and remains the barrels of proven oil reserves (more than one-fourth of the world total) and up  Through synthesis and improved understanding of global oil and gas data, we shall establish a geologic basis for predicting energy production trends, we shall   5 Dec 2018 As of 2017, the US was responsible for 13 percent of total world crude oil production, while Russia provided 13 percent and Saudi Arabia 13  The series of charts present levels of oil production and consumption The relative contribution of region's to the global total has remained  For that period, the top oil-producing regions in the world will be the Persian Gulf, G.F. UlmishekGlobal Resource Estimates from Total Petroleum Systems.

5 Dec 2018 As of 2017, the US was responsible for 13 percent of total world crude oil production, while Russia provided 13 percent and Saudi Arabia 13 

The series of charts present levels of oil production and consumption The relative contribution of region's to the global total has remained  For that period, the top oil-producing regions in the world will be the Persian Gulf, G.F. UlmishekGlobal Resource Estimates from Total Petroleum Systems. Of the 42 largest oil producing countries in the world, representing roughly 98% of all oil Total, 40.74, 41.38, 41.92, 41.90, 42.03, 42.05, 41.60, 42.02, plateau. 22 Nov 2018 US Oil production will be setting more record highs in 2019 and 2020. US total all liquids oil production set a new record in 2014. There was a 

The Middle East has over half of the world's proven oil reserves and remains the barrels of proven oil reserves (more than one-fourth of the world total) and up 

23 May 2018 The US is widening its lead as the world's largest producer of hydrocarbons. US oil and gas production is leaving Saudi Arabia and Russia behind now accounts for just 1.74 million barrels per day, or 17% of the total. William Catton's book "Overshoot" is recommended for a full treatment of the The theory of Peak Oil says that the world's oil production can be modeled as a  Live Oil Production in Cubic Metres: World Oil Consumption Currently some 34 billion barrels of crude oil are produced annually, which is equivalent to 5.4 cubic   Under this definition, total world oil production in 2019 averaged 80,622,000 barrels per day. Approximately 68% came from the top ten countries, and an overlapping 44% came from the fourteen current OPEC members, in the table below. EIA forecasts OPEC crude oil production will average 29.2 million barrels per day (b/d) from April through December 2020, up from an average of 28.7 million b/d in the first quarter of 2020. EIA forecasts OPEC crude oil production will rise to an average of 29.4 million b/d in 2021.

Under this definition, total world oil production in 2019 averaged 80,622,000 barrels per day. Approximately 68% came from the top ten countries, and an overlapping 44% came from the fourteen current OPEC members, in the table below. Oil and Gas: our Exploration and Production operations According to the Sustainable Development scenario put forward by the International Energy Agency (IEA), oil and gas are set to continue playing a vital role in meeting the world's energy needs, accounting for nearly half of the primary energy mix in 2040. Total world crude oil production grew from 7.7 in 1960 to 26.4 billion barrels per year in 2009, at an annual average rate of 2.56%. For the same period the world gross domestic product (GDP) increased from 7.3 to 53 trillion constant 2005 US dollars, at an annual average rate of 4.14%. Rest of the world is defined as the world total excluding the ten largest oil producers. In 2017, rest of the world produced 1,351 million metric tons of oil, accounting for 31 percent of the world oil production. Rest of the world’s oil production peaked in 2005 at 1,654 million metric tons. Based on EIA’s latest Short-Term Energy Outlook’s expected production levels at new and existing fields, annual crude oil production in the GOM will increase to an average of 1.9 MMbpd in 2019 and 2.0 MMbpd in 2020. Cumulative world oil production at the end of 2017 was approximately 1.36 trillion barrels (1,360 billion barrels).   Since WWII, approximately 95% of the cumulative total global oil production has been produced (See Figure 1 by Jean Laherrere-the top brown line represents global oil production). Figure 1 Total is a major energy player, which produces and markets fuels, natural gas and low-carbon electricity. Our ambition is to become the responsible energy major. Go to main content Go to menu Go to search Go to footer