Crude Oil and Condensate Production — - 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 thousand barrels daily, the dataset reflects production across major regional producers, making it an important indicator of energy supply, upstream activity, and hydrocarbon production performance.
Asia-Pacific produced 7,816 thousand barrels daily of crude oil and condensate in 2015, declining to 7,457 thousand barrels daily in 2016 and 7,167 thousand barrels daily in 2017. Regional production continued to decrease to 7,004 thousand barrels daily in 2018 and remained broadly stable at 7,006 thousand barrels daily in 2019. Output fell further to 6,834 thousand barrels daily in 2020 and 6,755 thousand barrels daily in 2021 before easing to 6,707 thousand barrels daily in 2022. Production recovered marginally to 6,737 thousand barrels daily in 2023. China remained the region's largest producer, increasing from 4,309 thousand barrels daily in 2015 to 4,198 thousand barrels daily in 2023 after recovering from earlier declines. India recorded a gradual decline from 772 to 605 thousand barrels daily, while Indonesia fell from 786 to 606 thousand barrels daily. Malaysia decreased from 662 to 508 thousand barrels daily, Vietnam from 342 to 175 thousand barrels daily, Thailand from 248 to 136 thousand barrels daily, and Australia from 322 to 281 thousand barrels daily. Production from the remaining Asia-Pacific countries also declined from 375 to 228 thousand barrels daily.
Overall, the dataset highlights a gradual long-term decline in Asia-Pacific crude oil and condensate production despite China's recovery in recent years. The data supports analysis of regional oil supply, production performance, energy security, investment trends, and long-term market planning for policymakers, researchers, and industry stakeholders.