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Which Country Is the Largest Oil Producer in the World – the USA, Russia or Saudi Arabia: The Question of Measurement – What and How

Received: 11 January 2021     Accepted: 17 February 2021     Published: 26 March 2021
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Abstract

Current and past statuses and dynamics of oil production and methods of oil measurements in different countries – under different temperatures and preassures – are considered and analyzed. The author uses methods of comparative and systematic analyses, which are implemented for assessing oil production in the USA, Saudi Arabia and Russia – the world’s leading oil producers – and globally (in the world’s context) in the past, currently and in the foreseeable future (throughout 2050). Crude oil and field (crude + lease NGLs) are considered. Oil developments in the USA, Saudi Arabia and Russia are analyzed separately with their main oil fields being covered. In the past a status of the world’s largest oil producer was taken in rotation by Russia and Saudi Arabia. Before 1992 the world supremacy in oil belonged to Russia but afterwards and until 2014 – mainly to Saudi Arabia. The article mainly concludes that now (since 2014) the USA produce more oil (crude oil + field condensate) than any other country of the world, even without accounting for indigenous biofuel liquids and mostly thanks to the massive tight-oil production.

Published in American Journal of Energy Engineering (Volume 9, Issue 1)
DOI 10.11648/j.ajee.20210901.12
Page(s) 8-18
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2021. Published by Science Publishing Group

Keywords

Crude Oil, Natural Gas Liquids/Condensate, Temperature, Pressure, STP, The USA, Russia, Saudi Arabia

References
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[19] OPEC + reaches deal to cut oil production by 9.7 million barrels per day [Available in the Internet at: https://edition.cnn.com/2020/04/12/energy/opec-deal-production-cut (Accessed: 1 January 2021).
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Cite This Article
  • APA Style

    Eugene Khartukov. (2021). Which Country Is the Largest Oil Producer in the World – the USA, Russia or Saudi Arabia: The Question of Measurement – What and How. American Journal of Energy Engineering, 9(1), 8-18. https://doi.org/10.11648/j.ajee.20210901.12

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    ACS Style

    Eugene Khartukov. Which Country Is the Largest Oil Producer in the World – the USA, Russia or Saudi Arabia: The Question of Measurement – What and How. Am. J. Energy Eng. 2021, 9(1), 8-18. doi: 10.11648/j.ajee.20210901.12

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    AMA Style

    Eugene Khartukov. Which Country Is the Largest Oil Producer in the World – the USA, Russia or Saudi Arabia: The Question of Measurement – What and How. Am J Energy Eng. 2021;9(1):8-18. doi: 10.11648/j.ajee.20210901.12

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  • @article{10.11648/j.ajee.20210901.12,
      author = {Eugene Khartukov},
      title = {Which Country Is the Largest Oil Producer in the World – the USA, Russia or Saudi Arabia: The Question of Measurement – What and How},
      journal = {American Journal of Energy Engineering},
      volume = {9},
      number = {1},
      pages = {8-18},
      doi = {10.11648/j.ajee.20210901.12},
      url = {https://doi.org/10.11648/j.ajee.20210901.12},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajee.20210901.12},
      abstract = {Current and past statuses and dynamics of oil production and methods of oil measurements in different countries – under different temperatures and preassures – are considered and analyzed. The author uses methods of comparative and systematic analyses, which are implemented for assessing oil production in the USA, Saudi Arabia and Russia – the world’s leading oil producers – and globally (in the world’s context) in the past, currently and in the foreseeable future (throughout 2050). Crude oil and field (crude + lease NGLs) are considered. Oil developments in the USA, Saudi Arabia and Russia are analyzed separately with their main oil fields being covered. In the past a status of the world’s largest oil producer was taken in rotation by Russia and Saudi Arabia. Before 1992 the world supremacy in oil belonged to Russia but afterwards and until 2014 – mainly to Saudi Arabia. The article mainly concludes that now (since 2014) the USA produce more oil (crude oil + field condensate) than any other country of the world, even without accounting for indigenous biofuel liquids and mostly thanks to the massive tight-oil production.},
     year = {2021}
    }
    

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    T1  - Which Country Is the Largest Oil Producer in the World – the USA, Russia or Saudi Arabia: The Question of Measurement – What and How
    AU  - Eugene Khartukov
    Y1  - 2021/03/26
    PY  - 2021
    N1  - https://doi.org/10.11648/j.ajee.20210901.12
    DO  - 10.11648/j.ajee.20210901.12
    T2  - American Journal of Energy Engineering
    JF  - American Journal of Energy Engineering
    JO  - American Journal of Energy Engineering
    SP  - 8
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    PB  - Science Publishing Group
    SN  - 2329-163X
    UR  - https://doi.org/10.11648/j.ajee.20210901.12
    AB  - Current and past statuses and dynamics of oil production and methods of oil measurements in different countries – under different temperatures and preassures – are considered and analyzed. The author uses methods of comparative and systematic analyses, which are implemented for assessing oil production in the USA, Saudi Arabia and Russia – the world’s leading oil producers – and globally (in the world’s context) in the past, currently and in the foreseeable future (throughout 2050). Crude oil and field (crude + lease NGLs) are considered. Oil developments in the USA, Saudi Arabia and Russia are analyzed separately with their main oil fields being covered. In the past a status of the world’s largest oil producer was taken in rotation by Russia and Saudi Arabia. Before 1992 the world supremacy in oil belonged to Russia but afterwards and until 2014 – mainly to Saudi Arabia. The article mainly concludes that now (since 2014) the USA produce more oil (crude oil + field condensate) than any other country of the world, even without accounting for indigenous biofuel liquids and mostly thanks to the massive tight-oil production.
    VL  - 9
    IS  - 1
    ER  - 

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Author Information
  • Department of Management and Marketing, Moscow State Institute, University for International Relations (MGIMO MFA), Moscow, Russia

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