05-03_worldoilproduction.html (Mar-2005)

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

	Mar 2005 Vol. 226 No. 3

World Oil & NGL Production			Million barrels per day
		Jan 2005	Dec 2004	Avg 2003	Avg 2002

OPEC - Crude Oil
	Saudi Arabia	8.80	9.15	8.75	8.48
	Iran	3.95	4.00	3.93	3.78
	Iraq	1.79	1.95	1.99	1.33
	United Arab Emirates	2.43	2.52	2.35	2.29
	Kuwait	2.04	2.14	2.05	1.87
	Neutral Zone	0.60	0.60	0.60	0.60
	Qatar	0.77	0.80	0.78	0.72
	Nigeria	2.32	2.27	2.33	2.15
	Libya	1.60	1.61	1.55	1.42
	Algeria	1.31	1.29	1.21	1.11
	Venezuela	2.20	2.23	2.21	2.01
	Indonesia	0.96	0.98	0.97	1.01
	NGLs & condensate	4.63	4.47	4.32	3.90
	Total OPEC	33.40	34.01	33.04	30.67
OECD ¹
	US	7.70	7.75	7.68	7.82
	Mexico	3.85	3.66	3.83	3.79
	Canada	2.89	3.02	3.09	3.00
	United Kingdom	2.03	2.03	2.05	2.28
	Norway	2.99	2.97	3.16	3.26
	Europe-others	0.85	0.87	0.85	0.80
	Australia	0.51	0.53	0.53	0.61
	Pacific-others	0.04	0.04	0.04	0.05
	Total OECD	20.86	20.87	21.23	21.61
Non-OECD
	Former USSR	11.31	11.43	11.19	10.31
	China	3.58	3.57	3.49	3.41
	Malaysia	0.87	0.86	0.86	0.83
	India	0.81	0.81	0.80	0.79
	Asia-others	1.11	1.15	1.09	1.01
	Europe	0.16	0.17	0.17	0.17
	Brazil	1.88	1.83	1.77	1.77
	Argentina	0.76	0.78	0.78	0.83
	Colombia	0.53	0.54	0.54	0.55
	Ecuador	0.55	0.55	0.53	0.43
	Latin America-others	0.44	0.43	0.42	0.42
	Oman	0.75	0.75	0.76	0.82
	Syria	0.49	0.49	0.51	0.53
	Yemen	0.39	0.40	0.41	0.45
	Egypt	0.70	0.68	0.71	0.75
	Angola	1.11	1.11	0.99	0.88
	Gabon	0.23	0.23	0.24	0.24
	Africa-others	1.55	1.54	1.50	1.20
	Total Non-OECD	27.22	27.32	26.76	25.39
Processing Gains ²		1.88	1.85	1.83	1.8
TOTAL SUPPLY		83.36	84.05	82.86	79.47
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).