March 1998
Industry At A Glance
worldoilproduction.html (Mar-1998)
A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.
March 1998 Vol. 219 No. 3
World Oil Production
Million barrels per day
Jan. 1998 Dec. 1997 Avg. 1997 Avg. 1996 OPEC - Crude Oil Saudi Arabia 8.50 8.40 8.08 7.91 Iran 3.62 3.69 3.63 3.67 Iraq 1.19 0.73 1.15 0.58 United Arab Emir. 2.25 2.26 2.25 2.23 Kuwait 1.94 1.92 1.84 1.81 Neutral Zone 0.51 0.54 0.53 0.48 Qatar 0.70 0.69 0.62 0.49 Nigeria 2.31 2.30 2.28 2.15 Libya 1.47 1.45 1.42 1.39 Algeria 0.86 0.86 0.85 0.82 Venezuela 3.34 3.32 3.18 2.94 Indonesia 1.34 1.37 1.36 1.39 NGLs & condensate 2.88 2.89 2.80 2.61 Total OPEC 30.91 30.42 29.99 28.47 OECD1 U.S. 8.49 8.59 8.53 8.59 Canada 2.63 2.65 2.54 2.46 United Kingdom 2.97 3.00 2.76 2.81 Norway 3.34 3.38 3.28 3.23 Europe-others 0.67 0.67 0.67 0.67 Australia 0.59 0.62 0.64 0.60 Pacific-others 0.09 0.09 0.09 0.07 Total OECD 18.78 19.00 18.51 18.43 Non-OECD Former USSR 7.28 7.22 7.20 7.07 China 3.12 3.09 3.19 3.12 Malaysia 0.74 0.76 0.75 0.73 India 0.76 0.76 0.76 0.74 Asia-others 0.59 0.63 0.61 0.64 Europe 0.22 0.22 0.22 0.22 Mexico 3.53 3.51 3.41 3.28 Brazil 1.23 1.20 1.15 1.06 Argentina 0.89 0.88 0.88 0.83 Colombia 0.75 0.75 0.67 0.64 Ecuador 0.38 0.37 0.38 0.39 Latin America-others 0.36 0.36 0.37 0.35 Oman 0.91 0.91 0.91 0.89 Syria 0.55 0.56 0.56 0.58 Yemen 0.38 0.38 0.37 0.37 Egypt 0.93 0.94 0.92 0.92 Angola 0.76 0.75 0.73 0.69 Gabon 0.36 0.36 0.37 0.36 Africa-others 0.82 0.81 0.78 0.69 Total Non-OECD 24.56 24.46 24.23 23.57 Processing gains 2 1.64 1.60 1.57 1.52 TOTAL SUPPLY 75.89 75.48 74.30 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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