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TABLE-OPEC oil output rises by 90,000 bpd in July - Reuters survey

July 31, (Reuters) - The following table shows OPEC crude oil output in millions of barrels per day (bpd) in July and June, according to a Reuters survey published on Monday. In an effort to prop up prices, the Organization of the Petroleum Exporting Countries started reducing output by about 1.2 million bpd on Jan. 1 in its first supply cut since 2008. Nigeria and Libya were exempted from the curbs. The July survey indicates output from the 13 OPEC members originally part of the deal rose by 80,000 bpd from June. But supply from the 11 members with production targets under the original accord fell by the same amount. Compared with the levels from which they agreed to cut, in most cases their October 2016 production, the 11 members have reduced output by 978,000 bpd of the pledged 1.164 million bpd. That equates to 84 percent compliance, from a downwardly revised 77 percent in June. Equatorial Guinea joined OPEC in May. Overall OPEC-13 June production was revised up by 200,000 bpd. Most of this came from upward adjustments to Iraqi and Saudi output. Totals in the table below are rounded.

July June Baseline Pledged Cut Compliance Jan. 1 output output for cut cut achieved (pct)* Algeria 1.07 1.07 1.089 50,000 19,000 38 1.039 Angola 1.60 1.67 1.751 78,000 151,000 194 1.673 Ecuador 0.54 0.53 0.548 26,000 8,000 31 0.522 Gabon 0.20 0.19 0.202 9,000 2,000 22 0.193 Iran** 3.78 3.78 3.707 -90,000 -73,000 3.797 Iraq 4.50 4.48 (R) 4.561 210,000 61,000 29 4.351 Kuwait 2.71 2.71 2.838 131,000 128,000 98 2.707 Qatar 0.61 0.61 0.648 30,000 38,000 127 0.618 Saudi Arabia 10.02 10.07 (R) 10.544 486,000 524,000 108 10.058 UAE 2.97 2.96 3.013 139,000 43,000 31 2.874 Venezuela 1.99 2.00 2.067 95,000 77,000 81 1.972 TOTAL OPEC 11 29.99 30.07 (R) 30.968 1,164,000 978,000 84 29.804 Libya 1.03 0.85 (R) 0.351 Nigeria 1.83 1.85 (R) 1.594 TOTAL OPEC 13 32.85 32.77 (R) 31.749*** Equatorial Guinea**** 0.15 0.14 TOTAL OPEC 14 33.00 32.91 (R)

R = Revised

* Compliance is calculated by the following method in the table above: Baseline for cut minus July output = cut achieved Cut achieved divided by pledged cut = percentage compliance

** Iran is allowed a small increase in the deal.

*** OPEC target based on the 32.50 million bpd ceiling OPEC announced on Nov. 30, 2016, minus Indonesia and using reference production figures listed in an internal OPEC document for Libya and Nigeria.

**** Equatorial Guinea is required to limit output but OPEC has not published a production target for Equatorial Guinea or an updated overall target since it became an OPEC member. The Reuters survey aims to assess crude supply to market, defined to exclude movements to, but not sales from, storage. Saudi and Kuwaiti data includes the Neutral Zone. Venezuelan data includes upgraded synthetic oil. Nigerian output includes the Agbami stream and excludes Oso and Akpo condensates.

(Reporting by Alex Lawler, with additional reporting by Rania El Gamal; Editing by Jane Merriman)