World Oil Production January 1998

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(million barrels per day)

OPEC Saudi Arabia 8.51 Iran 3.59 Venezuela 3.34 UAE 2.47 Kuwait 1.96 Others 8.98
OECD* U.S. 8.45 Canada 2.58 UK 2.87 Norway 3.45 Others 1.35
Non-OECD Former USSR 7.32 China 3.24 Europe (others) 0.22 Mexico 3.53 Latin America (others) 3.61 Asia 2.10 Middle East 1.88 Africa 2.85

* Includes NGLs

1 barrel of oil = 159 liters = 42 US Gallons = 5.615 cu.ft.

Source: Hart's Petroleum Engineer International, March 1998.

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