Posts Tagged ‘oil production’

  1. The August blip/trough explained


    August 18, 2016 by AK

    OK, here’s the apparent reason for Russia’s daily oil output inching down by 2%+ this month from the average July rate. Actually, the shortfall has lately narrowed a little to about 30,000 tons per day or 220,000 bpd, less than 2% down from July. Prime, a Russian news agency, quotes Rosneft’s head of E&P saying some …
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  2. Possibly a blip


    August 10, 2016 by AK

    According to the preliminary data by the Russian energy statistics agency, in July 2016 Russia produced 45.9 million tons of crude oil and condensate, which translates into 1.48 million tons per day (10.8 mmbpd assuming 7.3 barrels per ton). According to the latest daily data and a chart on the agency’s site (free registration required), …
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  3. Still no decline in oil production


    July 30, 2016 by AK

    Last September and October, I wrote about George Soros’ untimely announcement that Russian oil production was in decline. The data links in these posts seem to be working all right, providing updated information. It indicates that the decline has so far failed to begin. In fact, the latest preliminary data puts the July 2016 output level at 10.8-10.9 mm bpd or …
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  4. No signs of oil production decline, pace George Soros


    October 6, 2015 by AK

    George Soros has attributed Putin’s reluctance to use more force in Ukraine to a non-existent decline in Russian oil output. Russia’s average daily crude production in September 2015 was slightly higher than the May and June averages, setting a post-Soviet record. It should not have come as a surprise. Daily totals for the whole of Russia …
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