JODI Hall of Shame
Posted by Stuart Staniford on November 23, 2005 - 6:04pm
Topic: Supply/Production
Tags: gas prices, hubbert peak, joint oil data initiative, oil prices, peak oil [list all tags]

Recent total crude oil production in kbpd (excluding NGL), as estimated by both the Oil and Gas Journal, and the new Joint Oil Data Initiative.
...the seven international organizations behind JODI - APEC, Eurostat, IEA, IEFS, OLADE, OPEC and UNSD - have agreed to open the JODI World Database on the occasion of the inauguration of the IEFS premises on 19 November 2005. This decision was taken with the full knowledge that users might be disappointed, as not all the data for all the flows, products and countries are always available, or of good quality.Indeed, we are disappointed!
Digging in, it's pretty clear that the main problem is missing data, especially late submissions making the last few months extremely unreliable. After poking around a while, I found that July 2004 is the most recent month that has the fewest missing countries. In that month, OGJ reckons production at 71,592kbpd, while JODI has 67,517kbpd. Here are the top producing countries:

July 2004 crude oil production in kbpd (excluding NGL), by top producing countries, as estimated by both the Oil and Gas Journal, and the new Joint Oil Data Initiative. A larger version of this picture with more countries is at the bottom.

Discrepancy between Oil and Gas Journal, and Joint Oil Data Initiative crude production estimates in July 2004 (exclusive of NGL).
Finally, here's the big version of the comparison, for those with good eyes and big screens:

July 2004 crude oil production in kbpd (excluding NGL), by country, as estimated by both the Oil and Gas Journal, and the new Joint Oil Data Initiative. All countries producing more than 100kbpd are shown.




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