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 from onshore and offshore fields, making it an important indicator of upstream energy activity, resource utilization, energy security, and petroleum sector performance.
Egypt produced 662 thousand barrels daily of crude oil and condensate in 2015, declining to 631 thousand barrels daily in 2016 and 603 thousand barrels daily in 2017. Production recovered slightly to 617 thousand barrels daily in 2018 before easing to 597 thousand barrels daily in 2019. Output declined further to 587 thousand barrels daily in 2020 as mature field performance weakened. Production fell to 561 thousand barrels daily in 2021, the lowest level during the review period, before recovering marginally to 568 thousand barrels daily in 2022. In 2023, production edged down slightly to 565 thousand barrels daily, remaining below levels recorded at the beginning of the period.
Overall, the dataset highlights a gradual long-term decline in Egypt's crude oil and condensate production despite brief periods of recovery. The trend reflects natural reservoir depletion, production challenges in mature fields, and the need for continued exploration and upstream investment to sustain domestic oil output over the longer term.
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 strengthening long-term planning across Egypt's petroleum industry.