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Energy & Power๐Ÿ‡จ๐Ÿ‡ณ China

China 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.

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

4,4004,2004,0003,8002015: 4,309Peak2016: 3,9992017: 3,8462018: 3,802Trough2019: 3,8482020: 3,9012021: 3,9942022: 4,1112023: 4,19820152017201920212023
Source: energyinst.orgLast updated: July 2026

What China Crude Oil and Condensate Production shows

China Crude Oil and Condensate Production was 4,198 Thousand Barrels Daily in 2023, up 2.1% on 2022. The Crude Oil and Condensate Production dataset of China from 2015 to 2023 provides a clear and consistent view of the country's oil production landscape, highlighting production trends, crude oil output, condensate volumes, and overall supply patterns throughout the review period.

Trend

Lower over the period

China Crude Oil and Condensate Production moved from 4,309 Thousand Barrels Daily in 2015 to 4,198 Thousand Barrels Daily in 2023 (โˆ’2.6%), an average of โˆ’0.3% a year. The series high was 4,309 Thousand Barrels Daily in 2015 and the low 3,802 Thousand Barrels Daily in 2018.

Volatility

A 11.8% peak-to-trough swing

The gap between the series high (2015) and low (2018) is 507 Thousand Barrels Daily. The sharpest single-year move was โˆ’7.2% in 2016.

Structure

Ranks 5 of 28 countries covered

Among the 28 countries in this dataset, China ranks 5 for 2023, behind U.S. (12,927 Thousand Barrels Daily) and Russia (10,554 Thousand Barrels Daily). It accounts for 5.1% of the global total in 2023.

Full series

China 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.

China Crude Oil and Condensate Production, 2015โ€“2023, Thousand Barrels Daily.
YearThousand Barrels DailyChange vs prior year
2023 4,198 +2.1%
2022 4,111 +2.9%
2021 3,994 +2.4%
2020 3,901 +1.4%
2019 3,848 +1.2%
2018 Trough3,802 โˆ’1.1%
2017 3,846 โˆ’3.8%
2016 3,999 โˆ’7.2%
2015Peak 4,309 โ€”

Regional context

How China compares in Asia-Pacific

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

1China
4,198
2Indonesia
606
3India
605
4Malaysia
508
5Australia
281
6Vietnam
175
7Thailand
136

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 from domestic oil fields, making it an important indicator of upstream petroleum activity, production capacity, energy security, and national energy supply.

China produced 4.31 million barrels per day of crude oil and condensate in 2015 before production declined to 4.00 million barrels per day in 2016 and 3.85 million barrels per day in 2017. Output decreased slightly further to 3.80 million barrels per day in 2018, marking the lowest production level during the review period. Production recovered gradually to 3.85 million barrels per day in 2019 and 3.90 million barrels per day in 2020. The recovery continued with output increasing to 3.99 million barrels per day in 2021 and 4.11 million barrels per day in 2022. In 2023, production reached 4.20 million barrels per day, the highest level since 2015, reflecting continued investment in domestic oil development and production optimization.

Overall, the dataset illustrates an initial decline followed by a sustained recovery in China's crude oil and condensate production. Although output fell during the early years of the review period, consistent growth after 2018 highlights efforts to strengthen domestic production and improve energy security. The dataset supports production monitoring, supply forecasting, energy market analysis, investment evaluation, and policy development while providing valuable insights for governments, researchers, investors, and industry stakeholders assessing long-term trends in China's upstream petroleum sector.

Indicator
Crude Oil and Condensate Production
Country
China
Region
Asia-Pacific
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 China 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 China Crude Oil and Condensate Production in 2023?

China Crude Oil and Condensate Production was 4,198 Thousand Barrels Daily in 2023, up 2.1% on 2022.

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

China Crude Oil and Condensate Production moved from 4,309 Thousand Barrels Daily in 2015 to 4,198 Thousand Barrels Daily in 2023 (โˆ’2.6%), an average of โˆ’0.3% a year. The series high was 4,309 Thousand Barrels Daily in 2015 and the low 3,802 Thousand Barrels Daily in 2018.

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

The highest value was 4,309 Thousand Barrels Daily in 2015 and the lowest was 3,802 Thousand Barrels Daily in 2018.

What does the China 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 China 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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