Categories: AlbertaCanadaEnergy

Alberta Is Cutting As Much Oil Denmark Produces

As you have no doubt heard, Alberta Premier Rachel Notley has forced oil production cuts starting at 350,000 barrels per day in January 2019 and hopes to reduce those cuts to 95,000 barrels per day by the end of 2019.  We wanted to know how much oil is that so we worked did the calculations.

If a country produced as much as Alberta is cutting they would be in the top 40 oil producing nations. We estimate that Alberta will cut production by about 35 million barrels per year which averages to more than 164,000 barrels of oil per day.

Take a look at these charts and graphs to show you Alberta will be cutting more oil than Denmark produces in a full year.

Top 50 Oil Producing Countries Production Numbers in Barrels Per Day

 

Country Oil Production / Barrels per Day
World Production 80,622,000
1 United States[6] 11,300,000
2 Russia 11,200,000
3 Saudi Arabia (OPEC) 10,460,710
4 Iraq (OPEC) 4,451,516
5 Iran (OPEC) 3,990,956
6 China 3,980,650
7 Canada 3,662,694
8 United Arab Emirates (OPEC) 3,106,077
9 Kuwait (OPEC) 2,923,825
10 Brazil 2,515,459
11 Venezuela (OPEC) 2,276,967
12 Mexico 2,186,877
13 Nigeria (OPEC) 1,999,885
14 Angola (OPEC) 1,769,615
15 Norway 1,647,975
17 Qatar 1,622,902
16 Kazakhstan 1,595,199
18 Algeria (OPEC) 1,348,361
19 Oman 1,006,841
20 Libya (OPEC) 1,003,000
21 United Kingdom 939,760
22 Colombia 897,784
22 Indonesia 833,667
23 Azerbaijan 833,538
24 India 734,180
25 Malaysia 661,240
26 Ecuador (OPEC) 548,421
27 Argentina 510,560
28 Romania 504,000
29 Egypt 494,325
31 Congo, Republic of the (OPEC) 308,363
32 Vietnam 301,850
33 Australia 289,749
34 Thailand 257,525
35 Sudan and  South Sudan 255,000
36 Turkmenistan 230,779
37 Equatorial Guinea (OPEC) 227,000
38 Gabon (OPEC) 210,820

***

Alberta Oil CUTS

164,000

39 Denmark 140,637
40 Chad 110,156
41 Brunei 109,117
42 Ghana 100,549
43 Cameroon 93,205
44 Pakistan 84,746
45 Italy 70,675
46 Timor-Leste 60,661
47 Trinidad and Tobago 60,090
48 Bolivia 58,077
49 Papua New Guinea 56,667
50 Uzbekistan 52,913
Tags: oil

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