Showing posts with label Saudi Arabia. Show all posts
Showing posts with label Saudi Arabia. Show all posts

Tuesday, December 17, 2013

OPEC's Top Crude Oil Producers, 2011-November 2013

by David Rachovich

OPEC Crude Oil Production September 2013-November 2013 (thousand barrels per day)

Rank Nov
 2013
Country
Full Year 2011*

Full Year 2012*

Sep '13*
Oct '13*
Nov '13* (Nov '13**)
1.
Saudi Arabia
9,296
9,737
10,037
9,714
9,626 (9,746)
2.
Iraq
2,665
2,979
2,794
2,915
3,107 (..)
3.
Kuwait
2,538
2,793
2,844
2,813
2,781 (2,944)
4.
UAE
2,516
2,624
2,783
2,776
2,731 (2,572)
5.
Iran
3,628 (3,576**)
2,973 (3,740**)
2,667 (3,517**)
2,679 (3,200**)
2,716 (3,300)
6.
Venezuela
2,380
2,359
2,363
2,365
2,364 (2,854)
7.
Nigeria
2,111
2,073
1,955
1,925
1,821 (1,672)
8.
Angola
1,667
1,738
1,720
1,716
1,737 (1,568)
9.
Algeria
1,240
1,210
1,152
1,160
1,122 (1,213)
10.
Qatar
794
753
731
731
731 (719)
11.
Ecuador
490
499
520
521
526 (545)
12.
Libya
462
1,393
375
512
371 (226)
Total OPEC***
29,788
31,132
29,939
29,827
29,633 (..)

*Based on secondary sources.
(**)Based on direct communication.
..Not available
***Totals may not add up due to independent rounding.
Source: OPEC, Monthly Oil Market Report (MOMR), December 2013, p.45, Tables 5.4 and 5.5 here.


Thursday, November 21, 2013

2013 Ranking of the World's Biggest Oil Companies - Forbes

by David Rachovich

World's Top 20 Oil Companies 

Rank
2013


Rank
2003

Company
Production Volumes (in million barrels of oil equivalent – BOE - per day)*
2013 ranking
Production Volumes (in million barrels of oil equivalent – BOE - per day)*
2003 ranking
1.
1.
Saudi Aramco (Saudi Arabia)
12.7
9.9
2.
2.
Gazprom (Russia)
8.1
9.5
3.
3.
NIOC (Iran)
6.1
4.9
4.
4.
ExxonMobil Corp. (USA)
5.3
4.6
5.
N/A
Rosneft (Russia)
4.6
N/A
6.
6.
Royal Dutch/Shell (NL/UK)
4.0
4.1
7.
9.
PetroChina (China)
3.9
2.5
8.
5.
Pemex (Mexico)
3.6
4.2
9.
8.
Chevron Corp. (USA)
3.5
3.2
10.
12.
KPC (Kuwait)
3.4
2.3
11.
7.
BP (UK)
3.1
3.9
12.
10.
Total (France)
2.6
2.4
13.
N/A
Petrobras (Brazil)
2.5
~1.5
14.
N/A
QP (Qatar)
2.4
1.4
15.
14.
ADNOC (UAE)
2.4
1.82
16.
15.
Lukoil (Russia)
2.3
1.8
17.
20.
MoO (Iraq)
2.22
1.6
18.
11.
Sonatrach (Algeria)
2.19
2.36
19.
18.
PDVSA (Venezuela)
2.1
1.6
20.
19.
Statoil (Norway)
2.0
1.6
*Working interest production volumes calculated by Wood Mackenzie reflects oil plus the energy equivalent in natural gas.
Source: Christopher Helman, "The World's Biggest Oil Companies  2013," Forbes, November 17, 2013

(Please see my previous post: "Mid 2012 Ranking of the World's Biggest Oil & Gas Companies -- Forbes." Also, please see the world's largest oil and gas companies by oil and gas production, oil and gas reserves, product sales and refinery distillation capacity, i.e., PIW rankings: "Energy Intelligence announces the PIW Top 50 ranking of the world's largest oil companies.And the PFC Energy ranking of the biggest publicly-traded energy companies, based mainly on capital market performance: "PFC Energy 50 Ranking of World’s Top Energy Companies." Furthermore, please see Platts Top 250 Global Energy Company Rankings/my post incl update, which reflect fiscal year financial performance of companies in four key areas: asset value, revenues, profits and return on invested capital/ROIC. -- D.R.)