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 thousand barrels daily, the dataset reflects total oil production and serves as an important indicator of upstream activity, domestic energy supply, investment trends, resource development, and the overall performance of Egypt's petroleum sector. The dataset supports evaluation of production stability, upstream efficiency, and the country’s ability to sustain crude oil output from mature basins while balancing growing domestic energy demand.
Egypt produced 726 thousand barrels daily in 2015 before declining to 691 thousand in 2016 and 660 thousand in 2017. Production recovered slightly to 674 thousand barrels daily in 2018 before falling again to 653 thousand in 2019 and 632 thousand in 2020. Output further declined to 608 thousand barrels daily in 2021 before stabilizing marginally at 613 thousand in 2022 and 610 thousand in 2023, indicating a relatively flat trend in the later years. The overall movement reflects mature field performance, natural depletion, and limited large-scale new discoveries despite ongoing exploration and development efforts.
Overall, the dataset shows a gradual downward trend followed by stabilization in Egypt’s oil production. While domestic output continues to contribute to national energy supply and supports refining and industrial activities, the declining trajectory highlights the importance of enhanced recovery techniques, investment in upstream exploration, and improved field management to sustain production levels.
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 industry stakeholders to develop effective energy strategies and production planning.