Cameroon, West Africa's Latest Oil Battleground
Cameroon became a modest oil exporter in 1977, with production peaking at 185,000 bpd in 1985. Since then, it declined steadily to about 55,000 bpd in 2010/11 due to maturing fields.
In April 2025, Venezuela's crude oil production averaged 830,000 barrels per day (b/d), down from 1.2 million b/d at the beginning of the year, according to EIA’s May 2025 Short-Term Energy Outlook.This average is the lowest level since January 2003, when a nationwide strike and civil unrest largely brought the operations of Venezuela's state oil company, Petróleos de Venezuela, S.A.
Venezuela Crude Oil: Production [2002 2025] [Data
Venezuela’s Crude Oil: Production was reported at 733.000 Barrel/Day th in Jan 2025. This records an increase from the previous number of 732.000 Barrel/Day th for Dec 2025. Venezuela’s Crude Oil: Production data is updated monthly, averaging 2,355.000 Barrel/Day th from Jan 2002 to Jan 2025, with 217 observations. The data reached an all-time high of 2,995.000 Barrel/Day th in Oct 2002
Crude Oil Production in Venezuela decreased to 907 BBL/D/1K in December from 912 BBL/D/1K in November of 2025. Venezuela Crude Oil Production data, historical chart, and calendar of releases was last updated on February of 2025 from its official source.
Venezuela’s crude oil production declines amid
Crude oil production in Venezuela decreased from 2.3 million barrels per day (b/d) in January 2025 to 1.6 million b/d in January 2018. A combination of relatively low global crude oil prices and the mismanagement of Venezuela’s oil industry has led to these accelerated declines in production.
Venezuela's conventional crude oil is heavy and sour by international standards. As a result, much of Venezuela's oil production must go to specialized and international refineries. The country's most prolific production area is the OOB, which accounted for more than half of Venezuela's oil production in 2017.
How Low Can Venezuelan Oil Production Go? Center
Venezuela’s loss of production volumes was the largest global unplanned fall in crude oil output in 2017, a trend that has continued to intensify into 2025 and has the potential to get significantly worse in the coming months. According to the latest data, Venezuela’s crude oil production now stands at its lowest level in more than 50 years.
(Business in Cameroon) Société nationale des hydrocarbures (SNH) informs that Cameroon has sold 16.86 million barrels of crude oil in 2017, against 20.51 million in 2016.Between the two periods, this represents a decrease by 3.65 million barrels. According to SNH, the decline observed is due to a fall in production.
Perenco Oil and Gas company in Cameroon Perenco
Perenco is now the largest operator in Cameroon, with an operating area in the Rio del Rey and Douala basins, with oil and gas production of 85,000 BOEPD (51,000 barrels per day and 24 million m3 of gas per day).
Venezuela’s crude oil production has been on a downward trend for two decades, but it has experienced significant decreases over the past two years. Crude oil production in Venezuela decreased
- How much crude oil is produced in Cameroon?
- Crude Oil Production in Cameroon remained unchanged at 69 BBL/D/1K in June from 69 BBL/D/1K in May of 2019. Crude Oil Production in Cameroon averaged 84.12 BBL/D/1K from 1994 until 2019, reaching an all time high of 124 BBL/D/1K in January of 1997 and a record low of 59 BBL/D/1K in August of 2011.
- How much crude oil is produced in Venezuela?
- Crude Oil Production in Venezuela averaged 2207.24 BBL/D/1K from 1973 until 2025, reaching an all time high of 3453.00 BBL/D/1K in December of 1997 and a record low of 392.00 BBL/D/1K in July of 2020. source: Organization of the Petroleum Exporting Countries
- Will Chevron be able to produce crude oil in Venezuela?
- Much of Venezuela's crude oil production capacity and infrastructure have suffered from a decade-long lack of capital and regular maintenance. Chevron's earlier exemption increased its production to 135,000 barrels per day (b/d) in 2023, and we expect Chevron's output in Venezuela to reach 200,000 b/d by the end of 2024.
- What happened to crude oil imports from Venezuela?
- U.S. crude oil imports from Venezuela similarly declined, falling from 1.3 million b/d in 2001 to about 510,000 b/d in 2018. Imports halted in 2019 for four years before resuming under limited sanctions relief in January 2023 and increasing to 153,000 b/d in July 2023.
- How much oil will Venezuela produce in 2024?
- Ventures operated by ENI, Repsol, and Maurel & Prom could increase production by an additional 50,000 b/d in the near term, according to IPD Latin America. As a result, we asses that these ventures could raise Venezuela’s total output to about 900,000 b/d by the end of 2024. Further increases in Venezuela’s crude oil production will take longer.
- How much natural gas does Cameroon have?
- Cameroon has natural gas reserves estimated to be 4.8 billion cubic feet. Much of this gas remains undeveloped. In the meantime, Cameroon continues to concentrate on upstream and downstream activities. Downstream, the country plans to refurbish the national oil refinery, SONARA, following a devastating fire of an unknown cause in June 2019.
