Crude Oil Production in Georgia averaged 1.29 BBL/D/1K from 1994 until 2021, reaching an all time high of 2.80 BBL/D/1K in January of 2003 and a record low of 0.30 BBL/D/1K in January of 2021. This page provides - Georgia Crude Oil Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Crude Oil Production - values, historical data and charts - was last updated on August of 2021.
Crude Oil Production in Georgia is expected to be 0.40 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Georgia to stand at 0.40 in 12 months time. In the long-term, the Georgia Crude Oil Production is projected to trend around 0.40 BBL/D/1K in 2022, according to our econometric models.