Crude Oil Production in Papua New Guinea averaged 56.13 BBL/D/1K from 1993 until 2021, reaching an all time high of 128 BBL/D/1K in February of 1993 and a record low of 4 BBL/D/1K in March of 2005. This page provides - Papua New Guinea Crude Oil Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. Papua New Guinea Crude Oil Production - values, historical data and charts - was last updated on July of 2021.
Crude Oil Production in Papua New Guinea is expected to be 47.54 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 Papua New Guinea to stand at 47.55 in 12 months time. In the long-term, the Papua New Guinea Crude Oil Production is projected to trend around 47.55 BBL/D/1K in 2022, according to our econometric models.