Found a possible solution for you to reduce the file size…but I think there will be a fine line between small file size and lesser quality.
"File size is determined entirely by bitrate. If you want a smaller file size, you will need to reduce your bitrate. The lower the bitrate, the lower the quality of the file. So for example, so with your overall bitrate of 1,182 kb/s, for 22:44 (1,360 seconds), you'll have a file size (not including audio) of approx 1,607,520 kilobits, or about 200 MB. If you want to reduce your file size to 100 MB, you'll need to cut your bitrate in half.
The best thing to do to retain good quality is to do a 2-pass variable bitrate encoding. This scans the video for frame information on the first pass, and then uses it on the second pass to better predict pixel motion, scene changes, etc. So you get higher quality with the same file size.
With VBR, you will need to set a target bit rate and a maximum bitrate. You want your file size to be under 100 MB, so I would do a target bitrate of 500 Kb/s, with a max bitrate of 1 Mb/s. This will allow the encoding to use less space when it can, and more space when it needs to, and depending on the content of the video you should average around 500 Kb/s, giving you a file size of around 100 MB or less. If you are not happy with the quality at this bitrate, then try reducing your frame size to see if it looks any better.
Different encoding programs give you different options, for example, I don't think SUPER gives you the option of doing VBR. As a video editor, I work in Adobe and use Adobe Media Encoder, so I couldn't tell you which program works best, but any that give you those options should use the same codecs and give you very similar, if not the same, results."