This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
DEFINITION: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
Canada closed the gap between it and countries like China, Mexico by about 400,000 bbl a day in the last year. with the 2nd largest reserves in the world how long until Canada makes it to the top3 ?
Russia will have no more reserves in less than 20 years.
USA will have no more reserves in less than 10 years.
China will have no more reserves in 11 years.
oil from Canada is in big demand, largest supplier of oil to the USA. at peak productoin within the next 20 years Canada could be the second largest producer.
David pope 24th January 2010
Sir/Madam, please list Top oil Producers and Consumers and their amounts(bbls/day)in 2009, thanks.
Merve 13th November 2009
Your database reflects incorrect numbers. I think, this table reflects the data for the gas production and not oil production. You have to be more careful, because people are using this kind of data bases for there researchers, this mistake is not acceptable.
LUIS ARCIA (VENEZUELA) 1st March 2009
YOU SHOULD CORRECT VENEZUELAN OIL PRODUCTION, IT IS CURRENTLY MORE THAN 3.4 MMBLS PER DAY, OF WHICH 0.7 MMBLS/D ARE DESTINED FOR OUR CONSUMPTION AND THE REST OF IT IS IMPORTED. YOU SHOULD REMEMBER THAT VENEZUELA DOESN'T IMPORT OIL, SO PLEASE CORRECT IT. WE ARE OCCUPYING THE POSITION 7 AFTER MEXICO AND THE POSITION NUMBER 1 IN THE WORLD AS COUNTRY WITH MORE OIL RESERVES.
oil drinker (from our oil reserves) 23rd June 2006
Here's you're top five as of 2005, from CIA World Factbook:
#1 Saudi Arabi 9.475 million bbl/day (2005 est.)
#2 Russia 9.15 million bbl/day (2005 est.)
#3 USA 7.61 million bbl/day (2005 est.)
#4 Iran 3.979 million bbl/day (2005 est.)
#5 Mexico 3.42 million bbl/day (2005 est.)
Craig McKenzie 20th December 2005
So, in August two data viewers posted comments indicating two omissions from your data, and you have neither corrected nor commented regarding these rather significant errors. I can only assume this is an internet toy, rather than a scientific endeavor, and that mine is a non-authoritative comment.
Kenneth Crook 9th October 2005
On a list of the worlds oil producers, the U.S. does not appear. Even though the CIA world book shows the U.S. is third in production with 7.2 million barrels per day. There seems to be something wrong with your database?
Ralph 18th August 2005
In reviewing your petroleum production data, I notice you do not include Venezuela. This makes me doubt other parts of your data.
Ian Graham Staff Editor 20th April 2005
Algeria plans to spend millions of dollars searching for oil along the Moroccan border in its western region, an area long considered too dangerous because of the countries’ dispute over Western Sahara. The decision is part of Algeria’s plan to develop new wells to increase its production and exporting of oil and natural gas.
In the first quarter of 2005, oil and gas exports brought about $10 billion into Algeria, a 37 percent increase over the same period a year before. Algeria now produces 1.3 million barrels of oil per day, more than its OPEC quota of 800,000 barrels. In 2001, Algerian oil production was estimated at 1.52 million barrels per day, 12th highest in the world, and in 2002 its estimated
oil exports were 1.25 million barrels per day. Algeria’s estimated
oil reserves in January 2002 were 13.1 billion barrels. The country is also the world’s third-largest producer of natural gas and has the fifth-largest natural gas reserves.
In Morocco, on the other hand, oilfields are still relatively untapped, with drilling not having reached 0.01 well per 100 square kilometers, compared with the international average of 8 wells per 100 square kilometers. Morocco's oil imports and supply of oil stood at $2.6 billion in 2004, a $260 million increase compared to 2003. Moroccan officials say 15 international oil companies are currently prospecting in various regions of Morocco, with investments totaling 50 million euros. In 2001, Morocco’s oil production was 68th in the world at 400 barrels per day. Its estimated oil reserves are 900,000 barrels. Morocco’s natural gas production was estimated at 50 million cubic meters in 2001, and its overall reserves are 665.4 million cubic meters.
Ian Graham Staff Editor 4th April 2005
Petroleos de Venezuela S.A. (PDVSA), Venezuela’s state-run oil company, has discovered previously unknown oil reserves in two of its fields, increasing the country’s proven reserves by 192 million barrels.
132 million barrels of crude oil were discovered in two new wells at the Tacata field in Anzoategui state. Another 60 million barrels of oil reserves were discovered by digging an exploration well at the Chaguaramal field in Monagas state.
The oil company says it will invest $5 billion this year in oil exploration and production. It claims to currently be pumping 3 million barrels of oil per day, but oil industry analysts estimate the actual figure to be closer to 2.6 million barrels.
Venezuela has the largest proven oil reserves - approximately 78 billion barrels – in the western hemisphere and is the world’s fifth-largest oil exporter.