Overall U.S. crude production continued to grow, rising last week to 10.59 million bpd - though the weekly figures are less reliable than monthly data that, as of February, still had the United Welcome to the EIA 914 edition of Oil Markets Daily!. US oil production has been the least surprising variable this year. The growth trajectory is so far in-line with previous estimates with year My own calculations of projected US oil production in 2018 is 9.4-9.5 million barrels a day (mbd) and projected to rise to 9.6 mbd in 2019. These figures contrast with the EIA figures of 10.6 mbd EIA monthly US oil production is out and February oil production reached 10.264 million b/d, up 260k b/d month-over-month. March US oil production will be close to the weekly estimate of ~10.4 Index of reports and indicators from Energy Information Administration. The US Energy Information Administration is a statistical agency within the US Department of Energy. It regularly collects data concerning energy sources, end uses and energy flows. Collected data is disseminated in weekly, monthly, quarterly, and annual reports. EIA Reports Bizarre Increase In U.S. Oil Production First, it is important to remember that weekly EIA production numbers are just estimates (except for Alaska, which is near real time
Ever wonder how accurate the EIA’s oil production numbers are? The EIA is the Energy Information Administration, a federal government division that produces the most transparent and well researched data on oil production and storage levels—of any country in the world. Their Weekly Petroleum Supply Report (WPSR) com
3 Dec 2017 And that second conclusion is…the EIA has never over-estimated weekly crude oil production as much as they are right now. Look at this chart:. 31 Oct 2016 EIA, 2016, Monthly Crude Oil and Natural Gas Production: EIA-914. EIA, 2016, U.S. Exports of Crude Oil, weekly: EIA Chart Widget, Open 4 Jun 2018 EIA publishes several reports that cover current crude oil production The Weekly Petroleum Status Report (WPSR) is a compilation of data 28 Nov 2016 Oil companies consider the numbers that are reported to hedge their current and future oil production. Long-term and swing traders look at these Weekly 4 Wk Avg : Download Data (XLS File) Weekly U.S. Field Production of Crude Oil (Thousand Barrels per Day) Year-Month Week 1 Week 2 Week 3 Week 4 Week 5; End Date Value Crude Oil Domestic Production ; U.S. Weekly Supply Estimates If we find a large difference between the two series, we may re-benchmark the weekly production estimate on weeks when we release STEO. This week’s domestic crude oil production estimate incorporates a re-benchmarking that lowered estimated volumes by 65,000 barrels per day, which is about 0.5% of this week’s estimated production total. Weekly 4 Wk Avg : Download Data (XLS File) 4-Week Avg U.S. Field Production of Crude Oil (Thousand Barrels per Day) Year-Month Week 1 Week 2 Week 3 Week 4 Week 5; End Date Value Crude Oil Domestic Production ; U.S. Weekly Supply Estimates
EIA monthly US oil production is out and February oil production reached 10.264 million b/d, up 260k b/d month-over-month. March US oil production will be close to the weekly estimate of ~10.4
Overall U.S. crude production continued to grow, rising last week to 10.59 million bpd - though the weekly figures are less reliable than monthly data that, as of February, still had the United Welcome to the EIA 914 edition of Oil Markets Daily!. US oil production has been the least surprising variable this year. The growth trajectory is so far in-line with previous estimates with year My own calculations of projected US oil production in 2018 is 9.4-9.5 million barrels a day (mbd) and projected to rise to 9.6 mbd in 2019. These figures contrast with the EIA figures of 10.6 mbd
Notes: Domestic crude oil production includes lease condensate and is estimated using a combination of short-term forecasts for the lower 48 states and the latest available production estimates from Alaska. Beginning with data for the week ending June 1, 2018, weekly crude oil production estimates are rounded to the nearest 100,000 b/d at the U.S. and lower 48 state levels.
Working gas in storage was 2,043 Bcf as of Friday, March 6, 2020, according to EIA estimates. This represents a net decrease of 48 Bcf from the previous week. Stocks were 796 Bcf higher than last year at this time and 227 Bcf above the five-year average of 1,816 Bcf. At 2,043 Bcf, total working gas is within the five-year historical range. That—and some wildly different EIA data—make this question very timely right now. You see, the monthly and weekly EIA oil production data are showing growth at two very different speeds. The weekly numbers intimate growth is barely slowing at all, while the two-month delayed monthly numbers (EIA 914 report) show production slowing a lot. The U.S. Energy Information Administration lowered its 2020 forecasts for West Texas Intermediate and Brent crude oil prices and reduced its expectations for U.S. crude-oil production, according Overall U.S. crude production continued to grow, rising last week to 10.59 million bpd - though the weekly figures are less reliable than monthly data that, as of February, still had the United Welcome to the EIA 914 edition of Oil Markets Daily!. US oil production has been the least surprising variable this year. The growth trajectory is so far in-line with previous estimates with year My own calculations of projected US oil production in 2018 is 9.4-9.5 million barrels a day (mbd) and projected to rise to 9.6 mbd in 2019. These figures contrast with the EIA figures of 10.6 mbd
13 Feb 2020 Crude Oil: The federal government's EIA report revealed that crude the weekly change in petroleum inventories held and produced by the
6 Mar 2020 Crude Oil Stocks Change in the United States averaged 0.06 BBL/1Million from 1982 until 2020, with market expectations of a 2.266 million gain, according to EIA Petroleum Status Report. 7.66, 0.79, 14.42, -15.22, 1982 - 2020, BBL/ 1Million, Weekly US Industrial Output Rises More than Forecast. 13 Feb 2020 Crude Oil: The federal government's EIA report revealed that crude the weekly change in petroleum inventories held and produced by the 3 Dec 2017 And that second conclusion is…the EIA has never over-estimated weekly crude oil production as much as they are right now. Look at this chart:.