03-05_worldoilproduction.html (May-2003)

A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.

	May 2003 Vol. 224 No. 5

World Oil & NGL Production			Million barrels per day
		Mar 2003	Feb 2003	Avg 2002	Avg 2001


OPEC - Crude Oil
	Saudi Arabia	9.01	8.57	7.38	7.70
	Iran	3.75	3.7	3.42	3.70
	Iraq	1.46	2.49	2.01	2.36
	United Arab Emirates	2.35	2.32	1.99	2.16
	Kuwait	1.93	1.7	1.60	1.72
	Neutral Zone	0.63	0.6	0.54	0.57
	Qatar	0.75	0.74	0.64	0.67
	Nigeria	2	2.19	1.95	2.08
	Libya	1.43	1.39	1.32	1.37
	Algeria	1.08	1.05	0.85	0.84
	Venezuela	1.92	1.43	2.29	2.68
	Indonesia	1.03	1.05	1.11	1.21
	NGLs & condensate	3.56	3.16	3.45	3.07
	Total OPEC	30.9	30.39	28.55	30.13
OECD¹
	U.S.	8.1	8.11	8.10	8.07
	Mexico	3.75	3.75	3.59	3.56
	Canada	3.05	2.95	2.87	2.73
	United Kingdom	2.68	2.58	2.50	2.53
	Norway	3.47	3.48	3.33	3.41
	Europe-others	0.81	0.08	0.78	0.72
	Australia	0.69	0.7	0.71	0.73
	Pacific-others	0.05	0.05	0.05	0.06
	Total OECD	22.6	21.7	21.93	21.81
Non-OECD
	Former USSR	9.96	9.9	9.37	8.56
	China	3.4	3.42	3.39	3.30
	Malaysia	0.76	0.78	0.77	0.75
	India	0.75	0.76	0.75	0.73
	Asia-others	0.91	0.9	0.87	0.85
	Europe	0.17	0.17	0.18	0.18
	Brazil	1.81	1.78	1.73	1.56
	Argentina	0.79	0.79	0.80	0.83
	Colombia	0.57	0.57	0.59	0.62
	Ecuador	0.39	0.39	0.40	0.42
	Latin America-others	0.39	0.39	0.38	0.36
	Oman	0.86	0.87	0.90	0.96
	Syria	0.54	0.54	0.55	0.57
	Yemen	0.47	0.47	0.46	0.45
	Egypt	0.76	0.76	0.75	0.76
	Angola	0.85	0.82	0.90	0.74
	Gabon	0.29	0.29	0.29	0.30
	Africa-others	1.11	1.11	1.09	1.00
	Total Non-OECD	24.78	24.71	24.17	22.94

Processing Gains²		1.82	1.82	1.76	1.74
TOTAL SUPPLY		80.1	78.62	76.41	76.62

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).