January 2003
Industry At A Glance

03-01_worldoilproduction.html (Jan-2003)

A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.
Industry Stats
January 2003
Vol. 224 No. 1
 
  World Oil & NGL Production Million barrels per day  
     Nov
2002
Oct
2002
Avg
2001
Avg
2000

  OPEC - Crude Oil          
    Saudi Arabia 7.70 7.75 7.70 8.00  
    Iran 3.48 3.50 3.70 3.69  
    Iraq 2.39 2.45 2.36 2.57  
    United Arab Emirates 2.01 2.01 2.16 2.24  
    Kuwait 1.60 1.63 1.72 1.77  
    Neutral Zone 0.53 0.53 0.57 0.63  
    Qatar 0.70 0.70 0.67 0.69   
    Nigeria 1.99 1.94 2.08 2.04  
    Libya 1.34 1.34 1.37 1.41  
    Algeria 0.96 0.95 0.84 0.81  
    Venezuela 2.66 2.64 2.68 2.89  
    Indonesia 1.12 1.12 1.21 1.20  
    NGLs & condensate 3.63 3.61 3.07 2.88  
    Total OPEC 30.11 30.17 30.13 30.82  
  OECD1          
    U.S. 7.90 7.67 8.07 8.11  
    Mexico 3.63 3.65 3.56 3.45  
    Canada 3.00 3.00 2.73 2.74  
    United Kingdom 2.46 2.45 2.53 2.71  
    Norway 3.42 3.37 3.41 3.32  
    Europe-others 0.78 0.78 0.72 0.75  
    Australia 0.71 0.71 0.73 0.79  
    Pacific-others 0.05 0.06 0.06 0.06  
    Total OECD 21.95 21.69 21.81 21.93  
  Non-OECD          
    Former USSR 9.82 9.82 8.56 7.92  
    China 3.43 3.45 3.30 3.23  
    Malaysia 0.77 0.77 0.75 0.75  
    India 0.75 0.76 0.73 0.73   
    Asia-others 0.87 0.90 0.65 0.84  
    Europe 0.17 0.17 0.18 0.19  
    Brazil 1.77 1.75 1.56 1.53  
    Argentina 0.79 0.80 0.83 0.81  
    Colombia 0.56 0.57 0.62 0.70  
    Ecuador 0.40 0.40 0.42 0.39  
    Latin America-others 0.38 0.38 0.36 0.36  
    Oman 0.87 0.88 0.96 0.96  
    Syria 0.51 0.51 0.53 0.54  
    Yemen 0.46 0.45 0.45 0.45  
    Egypt 0.76 0.76 0.76 0.81  
    Angola 0.92 0.92 0.74 0.75  
    Gabon 0.29 0.29 0.30 0.31  
    Africa-others 1.09 1.09 1.00 0.96  
    Total Non-OECD 24.63 24.62 22.70 22.23  

  Processing Gains2 1.78 1.78 1.74 1.72  
  TOTAL SUPPLY 78.47 78.22 76.38 76.70  

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).

FROM THE ARCHIVE
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.