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Energy & Power๐Ÿ‡จ๐Ÿ‡ฆ Canada

Canada 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.

Canada Crude Oil and Condensate ProductionThousand Barrels Daily ยท 2015โ€“2023

5,0004,5004,0003,5002015: 3,863Trough2016: 3,8682017: 4,2162018: 4,5962019: 4,6902020: 4,4702021: 4,7452022: 4,8662023: 4,935Peak20152017201920212023
Source: energyinst.orgLast updated: July 2026

What Canada Crude Oil and Condensate Production shows

Canada Crude Oil and Condensate Production was 4,935 Thousand Barrels Daily in 2023, up 1.4% on 2022. The Crude Oil and Condensate Production dataset of Canada from 2015 to 2023 provides a clear and consistent view of the countryโ€™s oil production landscape, highlighting production trends, crude oil output, condensate volumes, and overall supply patterns throughout the review period.

Trend

Rising to a series high

Canada Crude Oil and Condensate Production moved from 3,863 Thousand Barrels Daily in 2015 to 4,935 Thousand Barrels Daily in 2023 (+27.8%), an average of +3.1% a year. The series high was 4,935 Thousand Barrels Daily in 2023 and the low 3,863 Thousand Barrels Daily in 2015.

Volatility

A 21.7% peak-to-trough swing

The gap between the series high (2023) and low (2015) is 1,072 Thousand Barrels Daily. The sharpest single-year move was +9% in 2018.

Structure

Ranks 4 of 28 countries covered

Among the 28 countries in this dataset, Canada ranks 4 for 2023, behind U.S. (12,927 Thousand Barrels Daily) and Russia (10,554 Thousand Barrels Daily). It accounts for 6% of the global total in 2023.

Full series

Canada Crude Oil and Condensate Production by year

Complete annual series with year-on-year change. Values are reported in Thousand Barrels Daily.

Scroll the table sideways to see all columns.

Canada Crude Oil and Condensate Production, 2015โ€“2023, Thousand Barrels Daily.
YearThousand Barrels DailyChange vs prior year
2023Peak 4,935 +1.4%
2022 4,866 +2.6%
2021 4,745 +6.2%
2020 4,470 โˆ’4.7%
2019 4,690 +2%
2018 4,596 +9%
2017 4,216 +9%
2016 3,868 +0.1%
2015 Trough3,863 โ€”

Regional context

How Canada compares in North America

Crude Oil and Condensate Production by country, 2023, Thousand Barrels Daily. Canada is highlighted.

1U.S.
12,927
2Canada
4,935
3Mexico
1,875

Data definition

Inclusions and exclusions

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.

Inclusions

The data includes the production of crude oil extracted from conventional and unconventional oil fields, as well as lease condensate recovered at the wellhead or during field processing before refining. It covers both onshore and offshore oil production and includes output from integrated oil and gas operations where condensate is produced alongside natural gas. Production is reported before refining and excludes downstream petroleum processing activities. The dataset is compiled using standardized international energy reporting methodologies based on national production statistics and industry data, enabling consistent comparison of crude oil and condensate production across countries and over time.

Exclusions

The data excludes refined petroleum products such as gasoline, diesel, kerosene, fuel oil, liquefied petroleum gas (LPG), and other products obtained through refinery processing. It also excludes natural gas production, natural gas liquids (NGLs) other than lease condensate, synthetic fuels, biofuels, oil shale products, and petroleum derived from coal-to-liquids or gas-to-liquids processes unless specifically stated in the reporting methodology. The indicator does not measure crude oil reserves, exports, imports, domestic consumption, refinery throughput, or production value. Minor differences may occur due to variations in national reporting standards, condensate classification, and estimation methodologies across countries.

About this indicator

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 per day, the dataset reflects the volume of crude oil and condensate produced across Canada's petroleum-producing regions, making it an important indicator of upstream energy activity, production capacity, export potential, and energy sector performance.

Canada produced 3.86 million barrels per day of crude oil and condensate in 2015, increasing slightly to 3.87 million barrels per day in 2016. Production continued to expand, reaching 4.22 million barrels per day in 2017 and 4.60 million barrels per day in 2018. Output rose further to 4.69 million barrels per day in 2019 as oil sands development and conventional production supported higher supply levels. In 2020, production declined modestly to 4.47 million barrels per day due to weaker global oil demand and operational disruptions associated with the pandemic. Production recovered to 4.75 million barrels per day in 2021 and increased to 4.87 million barrels per day in 2022. In 2023, output reached 4.94 million barrels per day, the highest level during the review period, reflecting continued investment, improved operational efficiency, and resilient production from major oil-producing regions.

Overall, the dataset demonstrates a steady long-term increase in Canada's crude oil and condensate production, interrupted only by the temporary decline recorded in 2020. The consistent recovery and subsequent production growth highlight the strength of Canada's upstream petroleum sector and its expanding role in international oil markets. The dataset serves as a valuable resource for monitoring production performance, evaluating supply trends, supporting investment analysis, forecasting future output, and informing energy policy decisions while assisting governments, researchers, and industry stakeholders in assessing long-term developments in Canada's oil industry.

Indicator
Crude Oil and Condensate Production
Country
Canada
Region
North America
Unit
Thousand Barrels Daily
Coverage
2015โ€“2023, annual
Category
Energy & Power
Last updated
July 2026
Source
energyinst.org

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Frequently asked questions

What is Canada Crude Oil and Condensate Production?

Definition- 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.

What was Canada Crude Oil and Condensate Production in 2023?

Canada Crude Oil and Condensate Production was 4,935 Thousand Barrels Daily in 2023, up 1.4% on 2022.

How has Canada Crude Oil and Condensate Production changed between 2015 and 2023?

Canada Crude Oil and Condensate Production moved from 3,863 Thousand Barrels Daily in 2015 to 4,935 Thousand Barrels Daily in 2023 (+27.8%), an average of +3.1% a year. The series high was 4,935 Thousand Barrels Daily in 2023 and the low 3,863 Thousand Barrels Daily in 2015.

Which year had the highest and lowest Canada Crude Oil and Condensate Production?

The highest value was 4,935 Thousand Barrels Daily in 2023 and the lowest was 3,863 Thousand Barrels Daily in 2015.

What does the Canada Crude Oil and Condensate Production data include and exclude?

Included: The data includes the production of crude oil extracted from conventional and unconventional oil fields, as well as lease condensate recovered at the wellhead or during field processing before refining. It covers both onshore and offshore oil production and includes output from integrated oil and gas operations where condensate is produced alongside natural gas. Production is reported before refining and excludes downstream petroleum processing activities. The dataset is compiled using standardized international energy reporting methodologies based on national production statistics and industry data, enabling consistent comparison of crude oil and condensate production across countries and over time. Excluded: The data excludes refined petroleum products such as gasoline, diesel, kerosene, fuel oil, liquefied petroleum gas (LPG), and other products obtained through refinery processing. It also excludes natural gas production, natural gas liquids (NGLs) other than lease condensate, synthetic fuels, biofuels, oil shale products, and petroleum derived from coal-to-liquids or gas-to-liquids processes unless specifically stated in the reporting methodology. The indicator does not measure crude oil reserves, exports, imports, domestic consumption, refinery throughput, or production value. Minor differences may occur due to variations in national reporting standards, condensate classification, and estimation methodologies across countries.

Where does the Canada Crude Oil and Condensate Production data come from?

The series is sourced from energyinst.org (https://www.energyinst.org/__data/assets/pdf_file/0006/1542714/684_EI_Stat_Review_V16_DIGITAL.pdf). It covers 2015โ€“2023 and is reported in Thousand Barrels Daily.

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