May 1998
Industry At A Glance

worldoilproduction.html (May-1998)

A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.
Archive
May 1998 Vol. 219 No. 5 
Industry Stats 

World Oil Production
Million barrels per day
Mar. 1998 Feb. 1998 Avg. 1997 Avg. 1996
OPEC - Crude Oil
Saudi Arabia 8.35 8.44 8.08 7.91
Iran 3.60 3.60 3.63 3.67
Iraq 1.87 1.70 1.15 0.58
United Arab Emirates 2.44 2.44 2.25 2.23
Kuwait 1.93 1.94 1.84 1.81
Neutral Zone 0.55 0.53 0.53 0.48
Qatar 0.71 0.71 0.62 0.49
Nigeria 2.32 2.31 2.28 2.15
Libya 1.46 1.46 1.42 1.39
Algeria 0.88 0.87 0.85 0.82
Venezuela 3.37 3.36 3.18 2.94
Indonesia 1.36 1.39 1.36 1.39
NGLs & condensate 2.86 2.86 2.80 2.61
Total OPEC 31.70 31.61 29.99 28.47
OECD1
U.S. 8.48 8.44 8.51 8.59
Canada 2.60 2.62 2.56 2.46
United Kingdom 2.89 2.86 2.76 2.81
Norway 3.40 3.38 3.28 3.23
Europe-others 0.68 0.68 0.68 0.67
Australia 0.63 0.62 0.64 0.60
Pacific-others 0.08 0.08 0.09 0.07
Total OECD 18.76 18.68 18.52 18.43
Non-OECD
Former USSR 7.29 7.32 7.20 7.07
China 3.15 3.15 3.19 3.12
Malaysia 0.74 0.73 0.75 0.73
India 0.76 0.76 0.76 0.74
Asia-others 0.62 0.61 0.60 0.64
Europe 0.22 0.22 0.22 0.22
Mexico 3.54 3.55 3.41 3.28
Brazil 1.23 1.22 1.13 1.06
Argentina 0.90 0.90 0.89 0.83
Colombia 0.75 0.74 0.66 0.64
Ecuador 0.38 0.38 0.38 0.39
Latin America-others 0.36 0.36 0.37 0.35
Oman 0.93 0.92 0.91 0.89
Syria 0.55 0.55 0.56 0.58
Yemen 0.38 0.38 0.37 0.37
Egypt 0.91 0.91 0.91 0.92
Angola 0.76 0.76 0.73 0.69
Gabon 0.36 0.36 0.37 0.36
Africa-others 0.83 0.82 0.78 0.69
Total Non-OECD 24.66 24.64 24.19 23.57
Processing gains 2 1.64 1.64 1.57 1.52
TOTAL SUPPLY 76.76 76.57 74.27 71.99
Source: International Energy Agency
1 Comprises crude oil, condensates, NGLs and oil from non-conventional sources.
2 Net of volumetric gains and losses in refining (excludes net gain/loss in former USSR, China and non-OECD Europe)

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