04-05_worldoilproduction.html (May-2004)

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

	May 2004 Vol. 225 No. 5

World Oil & NGL Production			Million barrels per day
		Mar 2004	Feb 2004	Avg 2003	Avg 2002

OPEC - Crude Oil
	Saudi Arabia	8.15	8.25	8.48	7.38
	Iran	3.95	3.85	3.78	3.40
	Iraq	2.40	1.89	1.33	2.01
	United Arab Emirates	2.29	2.32	2.29	1.99
	Kuwait	1.95	1.95	1.87	1.60
	Neutral Zone	0.60	0.60	0.61	0.54
	Qatar	0.76	0.75	0.74	0.64
	Nigeria	2.33	2.32	2.15	1.97
	Libya	1.48	1.48	1.42	1.32
	Algeria	1.15	1.13	1.11	0.85
	Venezuela	2.18	2.20	2.01	2.29
	Indonesia	0.97	0.99	1.01	1.11
	NGLs & condensate	4.03	4.01	3.67	3.47
	Total OPEC	32.24	31.74	30.47	28.57
OECD¹
	US	7.90	8.01	7.91	8.06
	Mexico	3.83	3.79	3.79	3.59
	Canada	3.05	3.14	3.00	2.86
	United Kingdom	2.26	2.21	2.29	2.50
	Norway	3.32	3.39	3.26	3.33
	Europe-others	0.81	0.81	0.80	0.78
	Australia	0.56	0.56	0.61	0.71
	Pacific-others	0.04	0.04	0.05	0.05
	Total OECD	21.77	21.95	21.71	21.88
Non-OECD
	Former USSR	10.92	10.85	10.31	9.37
	China	3.43	3.47	3.41	3.39
	Malaysia	0.87	0.87	0.83	0.79
	India	0.81	0.82	0.79	0.78
	Asia-others	1.02	1.04	0.97	0.94
	Europe	0.17	0.17	0.17	0.18
	Brazil	1.79	1.68	1.77	1.72
	Argentina	0.76	0.76	0.78	0.80
	Colombia	0.53	0.53	0.55	0.59
	Ecuador	0.50	0.52	0.43	0.40
	Latin America-others	0.39	0.39	0.40	0.39
	Oman	0.82	0.82	0.83	0.90
	Syria	0.51	0.51	0.53	0.55
	Yemen	0.43	0.43	0.44	0.45
	Egypt	0.71	0.73	0.75	0.75
	Angola	0.96	0.95	0.88	0.90
	Gabon	0.24	0.24	0.24	0.25
	Africa-others	1.43	1.41	1.20	1.09
	Total Non-OECD	26.29	26.19	25.28	24.24

Processing Gains²		1.85	1.85	1.80	1.76
TOTAL SUPPLY		82.15	81.73	79.26	76.45

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).