Crude Oil Production in South Africa remained unchanged at 1 BBL/D/1K in May from 1 BBL/D/1K in April of 2019. Crude Oil Production in South Africa averaged 14.78 BBL/D/1K from 1998 until 2019, reaching an all time high of 58 BBL/D/1K in November of 2003 and a record low of 1 BBL/D/1K in September of 2018.
Crude Oil Production in South Africa is expected to be 1.00 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 South Africa to stand at 2.00 in 12 months time. In the long-term, the South Africa Crude Oil Production is projected to trend around 3.00 BBL/D/1K in 2020, according to our econometric models.