Crude Oil and Condensate Production โ - Crude Oil and Condensate Production refers to the total volume of crude oil and lease condensate extracted from oil and gas reservoirs within a country during a given year. It is typically measured in thousand barrels per day (kb/d) and represents the production of unrefined liquid hydrocarbons before processing or refining. Crude oil is the naturally occurring liquid petroleum extracted from underground reservoirs, while condensate is a light hydrocarbon liquid that separates from natural gas when pressure and temperature decrease during production. This indicator provides insight into a country's upstream petroleum production capacity, resource availability, and contribution to global oil supply.
Measured in million barrels daily, the dataset reflects domestic crude oil and condensate production, making it an important indicator of upstream energy activity, resource utilization, export capability, and hydrocarbon sector performance.
Algeria produced 1.29 million barrels daily of crude oil and condensate in 2015, increasing slightly to 1.32 million barrels daily in 2016 before returning to 1.29 million barrels daily in 2017. Production declined to 1.26 million barrels daily in 2018 and 1.24 million barrels daily in 2019, reflecting a gradual downward trend. Output fell more noticeably to 1.10 million barrels daily in 2020 amid weaker global oil demand and production adjustments. Production recovered marginally to 1.11 million barrels daily in 2021 and 1.18 million barrels daily in 2022 before easing slightly to 1.14 million barrels daily in 2023.
Overall, the dataset indicates relatively stable production with a gradual long-term decline throughout the review period. Temporary improvements after 2020 partially offset earlier reductions, reflecting continued upstream investment and operational adjustments while production remained below the levels recorded at the beginning of the period.
The dataset serves as a valuable resource for monitoring national oil production performance, evaluating upstream sector developments, and assessing long-term supply trends. It also supports production forecasting, investment analysis, energy market assessments, and policy development. Researchers, policymakers, and industry stakeholders can use the information to evaluate production efficiency, resource management strategies, and future exploration opportunities while supporting informed decision-making across Algeria's petroleum industry.