EFTA01411427Set 10
2015-05-31202p28,772w
Mb/d
-500
Avg Growth Bbl Contribution
Source: Deutsche Bank, Wood Mackenzie, IEA
YoY Non-OPEC Supply Growth (Avg)
Source: Deutsche Bank, Wood Mackenzie, IEA
Despite the large cut to headline ... Source: Deutsche Bank, Wood Mackenzie, IEA, includes Ekofisk II
redevelopment project
2014
2015
2016
But, there is a call on US onshore oil growth — the new swing producer
Although ... onshore
production growth (vs 1016 production) positive in 2H16
Source: Deutsche Bank, Wood Mackenzie, IEA
Source: Deutsche Bank, Wood Mackenzie, IEA
Page 4
Deutsche Bank Securities Inc.
call
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01411427.pdf
EFTA00972618Set 9
2013-10-1130p10,326w
averaged 3.7
million barrels a day, versus 3.5 million for the U.S., according to Wood
Mackenzie, a consulting firm. At that rate, its OPEC imports will surpass
America ... annual basis for the first time this year, Wood Mackenzie
said. India ranked No. 3, at about 3.4 million barrels a day.
In 2004, the U.S. imported about 5 million ... barrels a day from OPEC, and
China imported about 1.1 million, Wood Mackenzie said. An OPEC
official declined to say whether China is now the bloc's top customer.
China
https://www.justice.gov/epstein/files/DataSet%209/EFTA00972618.pdf
EFTA01367352Set 10
2015-05-311p610w
Iranian barrels (IEA references reports suggesting -30
mmbbl's, or 180kb/d for 6 months. Wood Mackenzie offers a smaller
estimate), 31 the amount of reservoir and facility degradation ... increase in exports of -1 Mb/d) is on
the optimistic side of forecasts (Wood Mackenzie at +450kb/d in exports in
mid-2016, assuming sanctions fully lifted ... previous levels. While not as conservative, (productive
capacity estimated at -800 Mb/d for 2015) Wood Mackenzie estimates are
also consistent with a view of limited upside to recent production trends
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01367352.pdf
EFTA01077283Set 9
19p10,004w
Kagan Research, December 2009
(c20) Bureau of Labor Statistics, Q3 2010 (c49) Wood Mackenzie, October 2010
(di) Federal Reserve Board, Bureau of Economic Analysis, Office of (c50) Barclays Capital
Management
https://www.justice.gov/epstein/files/DataSet%209/EFTA01077283.pdf