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Energy & Power🇨🇦 Canada

Canada Oil Production

- Oil Production refers to the total amount of crude oil extracted from underground reservoirs within a country during a given year, before any refining or processing takes place.

Canada Oil ProductionMillion Barrels Daily · 2015–2023

65432015: 4.39Trough2016: 4.462017: 4.812018: 5.242019: 5.372020: 5.132021: 5.412022: 5.582023: 5.65Peak20152017201920212023
Source: energyinst.orgLast updated: July 2026

What Canada Oil Production shows

Canada Oil Production was 5.65 Million Barrels Daily in 2023, up 1.4% on 2022. The Oil Production dataset of Canada from 2015 to 2023 provides a clear and consistent view of the country's oil production landscape, highlighting output trends, production levels, supply changes, industry performance, and annual market developments over the observed period.

Trend

Rising to a series high

Canada Oil Production moved from 4.39 Million Barrels Daily in 2015 to 5.65 Million Barrels Daily in 2023 (+28.8%), an average of +3.2% a year. The series high was 5.65 Million Barrels Daily in 2023 and the low 4.39 Million Barrels Daily in 2015.

Volatility

A 22.4% peak-to-trough swing

The gap between the series high (2023) and low (2015) is 1.26 Million Barrels Daily. The sharpest single-year move was +9% in 2018.

Structure

Ranks 4 of 27 countries covered

Among the 27 countries in this dataset, Canada ranks 4 for 2023, behind U.S. (19.36 Million Barrels Daily) and Saudi Arabia (11.39 Million Barrels Daily). It accounts for 5.9% of the global total in 2023.

Full series

Canada Oil Production by year

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

Scroll the table sideways to see all columns.

Canada Oil Production, 2015–2023, Million Barrels Daily.
YearMillion Barrels DailyChange vs prior year
2023Peak 5.65 +1.4%
2022 5.58 +3%
2021 5.41 +5.5%
2020 5.13 −4.5%
2019 5.37 +2.4%
2018 5.24 +9%
2017 4.81 +7.8%
2016 4.46 +1.7%
2015 Trough4.39 —

Regional context

How Canada compares in North America

Oil Production by country, 2023, Million Barrels Daily. Canada is highlighted.

1U.S.
19.36
2Canada
5.65
3Mexico
2.04

Data definition

Inclusions and exclusions

Oil Production — - Oil Production refers to the total amount of crude oil extracted from underground reservoirs within a country during a given year, before any refining or processing takes place. It is typically measured in thousand barrels per day (kb/d) and represents the output of crude petroleum from both conventional and unconventional sources. This indicator reflects a country’s upstream oil industry performance, resource availability, and role in global energy supply. It is widely used to assess production trends, energy security, and dependence on oil resources for economic development.

Inclusions

The data includes crude oil extracted from both onshore and offshore oil fields, covering production from conventional wells as well as unconventional sources such as tight oil and shale oil where applicable. It includes all crude oil produced at the wellhead before refining, processing, or blending. The indicator may also include lease condensate when reported as part of crude oil production in national energy statistics. Data is compiled from national energy agencies, oil companies, and standardized international energy databases, ensuring consistency in comparing production levels across countries and over time.

Exclusions

The data excludes refined petroleum products such as gasoline, diesel, jet fuel, kerosene, LPG, and other products derived from crude oil after refining. It does not include natural gas production, natural gas liquids (except where classified as condensate under crude oil reporting), biofuels, synthetic crude from coal-to-liquids or gas-to-liquids processes, or refinery gains. The indicator does not measure oil consumption, reserves, imports, exports, or refining capacity. Minor variations may arise due to differences in national reporting standards, classification of condensates, and estimation methodologies used across countries.

About this indicator

Oil Production — - Oil Production refers to the total amount of crude oil extracted from underground reservoirs within a country during a given year, before any refining or processing takes place. It is typically measured in thousand barrels per day (kb/d) and represents the output of crude petroleum from both conventional and unconventional sources. This indicator reflects a country’s upstream oil industry performance, resource availability, and role in global energy supply. It is widely used to assess production trends, energy security, and dependence on oil resources for economic development.

Measured in million barrels daily, the dataset reflects total oil production from conventional resources and oil sands operations, making it an important indicator of upstream activity, export capacity, energy security, investment trends, and the overall performance of Canada's petroleum industry.

Canada produced 4.39 million barrels daily in 2015, increasing to 4.46 million in 2016 and 4.81 million in 2017. Production continued to expand to 5.24 million barrels daily in 2018 and 5.37 million in 2019, supported by rising oil sands output, capacity expansions, and sustained upstream investment. In 2020, production declined to 5.13 million barrels daily as the COVID-19 pandemic reduced global oil demand and affected production activity. Recovery began in 2021 with output increasing to 5.41 million barrels daily, followed by 5.58 million in 2022. Production reached 5.65 million barrels daily in 2023, the highest level recorded during the review period, reflecting stronger export demand, improved operational efficiency, and continued development of major producing regions.

Overall, the dataset highlights a sustained long-term increase in Canada's oil production, interrupted only by the temporary decline during the pandemic. The steady recovery after 2020 demonstrates the resilience of the country's oil sector, supported by expanding oil sands production, infrastructure improvements, and continued investment in upstream operations, strengthening Canada's position among the world's leading oil producers.

The dataset serves as a valuable resource for monitoring national oil production performance, evaluating supply trends, assessing upstream investment, supporting market analysis, forecasting future production, and enabling policymakers, researchers, investors, and energy industry stakeholders to make informed strategic, commercial, and policy decisions.

Indicator
Oil Production
Country
Canada
Region
North America
Unit
Million Barrels Daily
Coverage
2015–2023, annual
Category
Energy & Power
Last updated
July 2026
Source
energyinst.org

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Frequently asked questions

What is Canada Oil Production?

Definition- Oil Production refers to the total amount of crude oil extracted from underground reservoirs within a country during a given year, before any refining or processing takes place. It is typically measured in thousand barrels per day (kb/d) and represents the output of crude petroleum from both conventional and unconventional sources. This indicator reflects a country’s upstream oil industry performance, resource availability, and role in global energy supply. It is widely used to assess production trends, energy security, and dependence on oil resources for economic development.

What was Canada Oil Production in 2023?

Canada Oil Production was 5.65 Million Barrels Daily in 2023, up 1.4% on 2022.

How has Canada Oil Production changed between 2015 and 2023?

Canada Oil Production moved from 4.39 Million Barrels Daily in 2015 to 5.65 Million Barrels Daily in 2023 (+28.8%), an average of +3.2% a year. The series high was 5.65 Million Barrels Daily in 2023 and the low 4.39 Million Barrels Daily in 2015.

Which year had the highest and lowest Canada Oil Production?

The highest value was 5.65 Million Barrels Daily in 2023 and the lowest was 4.39 Million Barrels Daily in 2015.

What does the Canada Oil Production data include and exclude?

Included: The data includes crude oil extracted from both onshore and offshore oil fields, covering production from conventional wells as well as unconventional sources such as tight oil and shale oil where applicable. It includes all crude oil produced at the wellhead before refining, processing, or blending. The indicator may also include lease condensate when reported as part of crude oil production in national energy statistics. Data is compiled from national energy agencies, oil companies, and standardized international energy databases, ensuring consistency in comparing production levels across countries and over time. Excluded: The data excludes refined petroleum products such as gasoline, diesel, jet fuel, kerosene, LPG, and other products derived from crude oil after refining. It does not include natural gas production, natural gas liquids (except where classified as condensate under crude oil reporting), biofuels, synthetic crude from coal-to-liquids or gas-to-liquids processes, or refinery gains. The indicator does not measure oil consumption, reserves, imports, exports, or refining capacity. Minor variations may arise due to differences in national reporting standards, classification of condensates, and estimation methodologies used across countries.

Where does the Canada Oil 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 2015–2023 and is reported in Million Barrels Daily.

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