Skip to content
Energy & Power๐Ÿ‡จ๐Ÿ‡ด Colombia

Colombia 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.

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

1,2001,0008006002015: 1,006Peak2016: 8862017: 8542018: 8652019: 8862020: 7812021: 736Trough2022: 7542023: 77720152017201920212023
Source: energyinst.orgLast updated: July 2026

What Colombia Crude Oil and Condensate Production shows

Colombia Crude Oil and Condensate Production was 777 Thousand Barrels Daily in 2023, up 3.1% on 2022. The Crude Oil and Condensate Production dataset of Colombia from 2015 to 2023 provides a clear and consistent view of the countryโ€™s petroleum production landscape, highlighting production trends, crude oil output, condensate volumes, and supply patterns over the observed period.

Trend

Lower over the period

Colombia Crude Oil and Condensate Production moved from 1,006 Thousand Barrels Daily in 2015 to 777 Thousand Barrels Daily in 2023 (โˆ’22.8%), an average of โˆ’3.2% a year. The series high was 1,006 Thousand Barrels Daily in 2015 and the low 736 Thousand Barrels Daily in 2021.

Volatility

A 26.8% peak-to-trough swing

The gap between the series high (2015) and low (2021) is 270 Thousand Barrels Daily. The sharpest single-year move was โˆ’11.9% in 2016.

Structure

Ranks 16 of 28 countries covered

Among the 28 countries in this dataset, Colombia ranks 16 for 2023, behind U.S. (12,927 Thousand Barrels Daily) and Russia (10,554 Thousand Barrels Daily). It accounts for 0.9% of the global total in 2023.

Full series

Colombia 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.

Colombia Crude Oil and Condensate Production, 2015โ€“2023, Thousand Barrels Daily.
YearThousand Barrels DailyChange vs prior year
2023 777 +3.1%
2022 754 +2.4%
2021 Trough736 โˆ’5.8%
2020 781 โˆ’11.9%
2019 886 +2.4%
2018 865 +1.3%
2017 854 โˆ’3.6%
2016 886 โˆ’11.9%
2015Peak 1,006 โ€”

Regional context

How Colombia compares in South and Central America

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

1Brazil
3,402
2Argentina
946
3Colombia
777

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 thousand 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 petroleum sector performance.

Colombia recorded crude oil and condensate production of 1,006 thousand barrels daily in 2015, declining to 886 thousand barrels daily in 2016 and 854 thousand barrels daily in 2017. Production increased slightly to 865 thousand barrels daily in 2018 and 886 thousand barrels daily in 2019. Output declined to 781 thousand barrels daily in 2020 amid weaker market conditions and operational challenges. Production continued to fall to 736 thousand barrels daily in 2021, the lowest level during the review period, before recovering to 754 thousand barrels daily in 2022 and 777 thousand barrels daily in 2023.

Overall, the dataset highlights a gradual long-term decline in Colombia's crude oil and condensate production despite modest improvements during the final two years of the review period. The trend reflects maturing oil fields, changing investment patterns, and ongoing efforts to stabilize production through continued upstream development and operational improvements.

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 Colombia's petroleum industry.

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

Cite this dataset

Using this data in a report, paper or presentation? Copy a formatted citation.

Copied

Frequently asked questions

What is Colombia 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 Colombia Crude Oil and Condensate Production in 2023?

Colombia Crude Oil and Condensate Production was 777 Thousand Barrels Daily in 2023, up 3.1% on 2022.

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

Colombia Crude Oil and Condensate Production moved from 1,006 Thousand Barrels Daily in 2015 to 777 Thousand Barrels Daily in 2023 (โˆ’22.8%), an average of โˆ’3.2% a year. The series high was 1,006 Thousand Barrels Daily in 2015 and the low 736 Thousand Barrels Daily in 2021.

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

The highest value was 1,006 Thousand Barrels Daily in 2015 and the lowest was 736 Thousand Barrels Daily in 2021.

What does the Colombia 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 Colombia 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.

Need more data?

Get in touch with our research team

Need a longer historical series, a custom country set, additional dimensions, or a tailored dataset? Send us your requirement.

Get In Touch

This website uses cookies to ensure you get the best experience on our website. Learn more

✖