Public Interest Accountability Committee

Productions and Liftings

ANALYSIS OF THE PRODUCTION AND LIFTING OF CRUDE OIL FROM 2010-2015

Year

Annual Production (mmbls)

Bopd

Cumulative production

(mmbls)

Total Availability

(mmbls)

Total Lfitings

(mmbls)

Stock carried forward

(mmbls)

2010

1,181,088

 

1,181,088

1,181,088

0

1,181,088

2011

24,195,895

66,290

25,376,983

25,376,983

24,450,155

926,828

2012

26,351,278

71,997

 

51,728,261

27,278,106

26,430,934

847,172

2013

35,587,558

99,685

87,315,819

36,434,730

36,048,290

386,440

2014

37,201,691

101,976

124,517,510

37,588,131

36,988,315

599,816

2015

37,411,661

102,498

161,929,171

38,011,477

37,167,225

844,252

Source: PIAC Construct from GNPC figures, 2016