Crude Oil Production in Turkmenistan decreased to 192 BBL/D/1K in May from 221 BBL/D/1K in April of 2019. Crude Oil Production in Turkmenistan averaged 173.36 BBL/D/1K from 1994 until 2019, reaching an all time high of 316 BBL/D/1K in June of 2014 and a record low of 69 BBL/D/1K in January of 1995.
Crude Oil Production in Turkmenistan is expected to be 245.00 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 Turkmenistan to stand at 245.00 in 12 months time. In the long-term, the Turkmenistan Crude Oil Production is projected to trend around 245.00 BBL/D/1K in 2020, according to our econometric models.