Crude Oil Production in Spain decreased to 1 BBL/D/1K in December from 2 BBL/D/1K in November of 2018. Crude Oil Production in Spain averaged 5.72 BBL/D/1K from 1994 until 2018, reaching an all time high of 17 BBL/D/1K in February of 1994 and a record low of 1 BBL/D/1K in September of 2012.
Crude Oil Production in Spain is expected to be 2.00 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 Spain to stand at 2.00 in 12 months time. In the long-term, the Spain Crude Oil Production is projected to trend around 2.00 BBL/D/1K in 2020, according to our econometric models.