Brazil, Canada, Iraq, Australia to have largest production increases

The projects in three countries with the highest increase in oil production are Brazil, Canada, and Iraq, while Australia has the projects with the highest increase in gas production, according to OGJ’s review of major projects listed in the accompanying table. The table lists projects in 44 countries that are in the construction or planning stages, with peak production from these projects occurring in 2011 or after. If all the projects’ peak production rates occurred in the same year, world production capacity would increase by 36.7 million b/d of liquids and 74.3 bcfd of gas. The list includes both individual fields and, in some cases, the accompanying

Oil Gas Journal