Sentences with phrase «year production total»

Not exact matches

Against this bleak backdrop, Venezuela's year - on - year production losses are likely to total at least 800,000 barrels a day this year based on current trends and could top the 1 million barrels a day mark.

Total upstream production came in at 689,400 barrels of oil equivalent per day in the first quarter, compared to 725,100 boe / d in the prior year quarter, as oilsands output fell to 404,800 barrels per day from 448,500 bpd.

Total said it expected to exceed its 6 percent production target for 2018 thanks to the start - ups and ramp - ups of new projects, such as Kashagan in Kazakhstan, Kaombo in Angola and Ichthys in Australia, later in the year.

PARIS, April 26 (Reuters)- Record output and high oil prices helped French oil and gas major Total report a consensus - beating rise in net adjusted profit during the first three months of the year, with Total adding it would surpass its production target for 2018.

They rapidly transformed from a 100,000 oz per year, single mine producer in 2010, to now operating three concentrated centres with total annual production of 525,000 - 575,000 oz.

Fremont's total production grew from 3,800 barrels in 2011 to 18,000 in 2014, and the company is targeting 25,000 this year, according to Lincecum.

Craft brews made up only 1.3 % of total U.S. beer production in 1994, but that percentage is expected to grow — by at least 40 % annually over the next five years, according to some industry estimates.

Cenovus reported total production of 555,000 barrels of oil equivalent per day in the fourth quarter, up from 283,000 boe / d in the same period last year, as oilsands production rose to 361,000 bpd from 164,000 bpd.

Maloni of the American Restaurant Association estimated last year's shift to butter by McDonald's increased the nation's annual butter consumption by around 20 million pounds, or about 1 percent of total production.

Forecasters predict that the supply deficit will grow from 800,000 ounces in 2015, to 1.35 million ounces (that's about 14 percent of the total annual production) by the end of this year.

The delay, though, hasn't changed the company's ultimate goal to ramp up its total vehicle production to one million vehicles per year by 2020.

A recent study by the Boston Consulting Group concluded that within the next five years, the total cost of production in many coastal Chinese cities will only be 10 % to 15 % less than in some parts of the U.S..

It's an aggressive schedule that will more than double Tesla's total production rate in six months, and then quintuple it by the end of next year.

Total production volumes of 102.7 Mboe / d in first - quarter 2018 increased 6 percent vs. fourth - quarter 2017 and were 76 percent higher than the same period a year ago.

Total production was up 4 % year over year, enabling the company to exceed the high end of its average daily production guidance by 7 %.

Natural Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain supplies.

Annual production from continuing operations for 2016 averaged 60,590 Boe per day and proved reserves at year - end 2016 totalled 341 MMboe.

The company raised its full - year 2017 U.S. crude oil growth target to 20 percent from 18 percent and total company production growth target to seven percent from five percent, keeping capital spending plans intact.

The Company's total 2016 net production increased approximately 44 % year - over-year to 22.2 million barrels of oil equivalent («MMBoe»), which was derived primarily from the Wattenberg Field, and consisted of 61 % crude oil and NGLs, and 39 % natural gas.

The US oil - rig count plateaued near the highest level in three years and showed signs of declining in late March (to 797), though it still stood 50 rigs above the year - end 2017 total.2 This contributed to expectations for a further increase in American crude production, which has topped 10 mb / d each week since early February, when WTI prices began to recede from their intra-quarterly high of US$ 66.14 a barrel.3 The amount of crude in US storage occasionally exceeded weekly estimates given the higher domestic output and fluctuating net import figures, reigniting fears that US production may thwart OPEC's efforts to clear global oversupply.

U.S. coal production «as of October 29, 2016, totaled approximately 607 MMst, 20 % lower than the comparable year - to - date coal production in 2015,» according to the Energy Information Administration (EIA).

As a result of these factors, Pioneer expects production growth to come in at the low end of its 15 % - to - 18 % guidance range for the year, while oil as a percentage of total production will be 58 % instead of the 62 % it expected.

(a) Staff assessment (b) Annualised over two years (most projects scheduled to commence production within two years)(c) Annualised over three years (most projects scheduled to commence production within three years)(d) Weighted average based on 2003/04 prices; total also includes copper, nickel, lead and zinc

Total expects to grow its overall production by 4 percent this year and the start of new drilling projects will likely lead to larger production gains in the years ahead.

NYMEX crude oil is the largest oil futures contract in the world and has a current total open interest of around 1.6 million contracts and it would be impossible for any group of speculators to sell or buy 53 days of world production in a year or longer, no less in a week as just occurred in COMEX silver.

Total production rose to 324,400 barrels of oil equivalent per day (boe / d) from 317,900 boe / d a year ago.

The company said on Thursday total quarterly production increased to 335,200 boe / d, from 321,500 boe / d a year earlier.

At the Houston - based company, production from the Marcellus has risen about 85 % over the past year and now accounts for more than one - quarter of its total output.

In the case of the other tradable sector, total production has grown quite slowly and even declined in some years.

More recently, manufacturing output has continued to grow strongly, but shortages of coal have restrained output in energy - intensive sectors so that growth in total industrial production slowed to 5 per cent over the year to February.

To put that deposit in perspective, 3,000 ounces of gold represents 1.4 per cent of the 209,000 ounces of gold Goldcorp produced from its Red Lake mines complex in 2017, and an even smaller 0.12 per cent of its estimated total gold production last year of 2.6 million ounces.

Mr Anand warned that production from Balama (about 350,000 tonnes per year at full production) would be a large percentage of the world's total supply and could therefore push down global graphite prices.

Using global industrial production growth as specified, annual total returns for 30 country, two regional and world stock indexes, currency spot and one - year forward exchange rates relative to the U.S. dollar, spot prices on 19 commodities, total annual returns for a global government bond index and a U.S. corporate bond index, and country inflation rates as available during 1970 through 2013, they find that: Keep Reading

Turning from per capita production to total global production, the total production from forests has been declining for several years (Brown 1991).

In Louisiana, total acreage for catfish production has dropped from 12,100 acres in 2002 to 2,000 acres last year.

The news was announced when China's domestic wine production has been dropping for five years now, with production in 2017 totalling only at 10 million hectolitres as a result of fierce competition from imported wines.

Russian dairy imports will remain flat next year despite total milk production falling, US Department of Agriculture analysts predict.

«We had a difficult year 2012, mainly because of a sharp drop in production, but trade flows mostly held stable,» OIV Director General Federico Castellucci told reporters, referring to total wine exports which were stable at 101 Mhl after a long - term upward trend.

This year, a total of ten whiskies were selected, eight of which were handed over to the MW team for the production of the packaging.

Despite the company's size in Germany (it is the biggest brewery in Germany with an output of around 11.8 million HectoLitres in 2015), it ranked 23rd in the global beer market the Barth Report of global brewing 2015 - 16 (down from 21st the previous year), with a 0.6 % share of the total global beer production, compared to AB InBev and SAB Miller's combined market share of 31.8 %.

We have the Club Caribe Distillery in Puerto Rico and also distilleries located in Lake Alfred, FL and Auburndale, FL with a total production capacity of 10 million proof gallons per year.

In total, figures for 2016/17, for total EU cereal production was 294.6 million t, around 2 % below the last five - year average.

«In such conditions (decreasing area, yields under historical trends), the EU's total cereal production is expected to be below 300 million tonnes (t) for the second consecutive year,» said the Directorate General for Agriculture and Rural Development of the European Commission.

«The Mekong Delta in Vietnam supplies the country with around 20 million tons of rice per year, about half of the country's total production.

Overall whey product sales surged 25 % over a year ago in June, spurring U.S. export sales to jump to nearly 15 % of U.S. milk production on a total milk solids basis.

Total Australian milk production has fallen 9 per cent over the past two seasons but Mr Harvey is predicting a recovery in milk supply in Australia over the year ahead and improved conditions in offshore markets to at least be sustained.

With total production of 10.5 billion tubes in 2017, the member companies of the European tube manufacturers association (etma) continued their path of growth and achieved a year - on - year increase in production of 2 %.

On Tuesday, a United Nations agency warned that severe drought conditions are putting this year's wheat crop at risk in at least five Chinese provinces — five provinces that account for about two - thirds of the country's total wheat production.

According to the USDA's National Agricultural Statistics Service, U.S. national orange production is forecast to decline 18 % from the previous year to a total of 166 million

USDA projects this year's total production about 6 percent higher than 2015 (USDA Economic Research Service Livestock, Dairy, and Poultry Outlook of May 16, 2016).