GLOBAL

 

 

 

 

The five years prior to 2002 were a period of flat oil production constrained by demand, limited by the Asian crisis and stock market falls. Since then, until 2008, oil production rose rapidly, barely managing to keep pace with demand.

 

The recession-led declines in demand in 2008 and 2009, created a period of surplus capacity, which for new oil was mostly derived from deep water production from West Africa and the Gulf of Mexico. This new non-OPEC capacity moderated price growth forcing OPEC to restrict output. However total oil supply capacity is still expected to plateau around 2015. Very soon after that actual supply will begin to register permanent year-on-year declines.

 

Meanwhile gas production, which has been rising steadily, will see accelerating output growth as more gas is required to replace higher-priced and more environmentally damaging oil (and coal) wherever it can.

 

We have subdivided the world into eleven groups - each of which hold a varied number of independent or overlapping regions, regional groupings and hydrocarbon sources - and nineteen areas.

 

Detailed data files outlining the onshore and offshore historic and forecast oil and gas production, consumption and drilling activity of any (or all) of these areas and countries can be provided.

 

Groups

 

THE AMERICAS

EUROPE/FSU

AFRICA/MID EAST

THE ASIA-PACIFIC

 

EUROPEAN UNION

OPEC

NON-OPEC

 

ONSHORE

OFFSHORE

SHALLOW WATER

DEEP WATER

 

11 groups

Areas

 

NORTH AMERICA

LATIN AMERICA

Central America

South America

 

WESTERN EUROPE

North West Europe

Southern Europe

EASTERN EUROPE

FORMER SOVIET UNION

 

AFRICA

North West Africa

West Africa

South East Africa

THE MIDDLE EAST

 

ASIA

North Asia

South Asia

South East Asia

AUSTRALASIA

 

19 areas

 

 

Some more information can be accessed by clicking the links to the right.

 

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