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Crude Oil and Condensate Productionin Europe

- 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.

Europe Crude Oil and Condensate ProductionThousand Barrels Daily · 2015–2023

UKUK: 659659ItalyItaly: 88.0088.00DenmarkDenmark: 60.0060.00
3,4003,2003,0002,8002015: 3,1862016: 3,1802017: 3,1242018: 3,1032019: 3,0402020: 3,212Peak2021: 3,0962022: 2,929Trough2023: 2,94420152017201920212023
Remaining Countries: 2,137UK: 659Italy: 88.00Denmark: 60.004countries
Remaining Countries2,137
UK659
Italy88.00
Denmark60.00
Source: energyinst.orgLast updated: July 2026

What Europe Crude Oil and Condensate Production shows

Europe Crude Oil and Condensate Production was 2,944 Thousand Barrels Daily in 2023, up 0.5% on 2022. The Crude Oil and Condensate Production dataset of Europe from 2015 to 2023 provides a clear and consistent view of the region’s oil production landscape, highlighting production trends, crude oil output, condensate volumes, and supply patterns over the observed period.

Trend

Lower over the period

Europe Crude Oil and Condensate Production moved from 3,186 Thousand Barrels Daily in 2015 to 2,944 Thousand Barrels Daily in 2023 (−7.6%), an average of −1% a year. The series high was 3,212 Thousand Barrels Daily in 2020 and the low 2,929 Thousand Barrels Daily in 2022.

Volatility

A 8.8% peak-to-trough swing

The gap between the series high (2020) and low (2022) is 283 Thousand Barrels Daily. The sharpest single-year move was +5.7% in 2020.

Structure

UK leads the region

Within Europe, UK has the highest value in 2023 at 659 Thousand Barrels Daily, 22.4% of the regional total.

Country ranking

Crude Oil and Condensate Production by country, 2023

Thousand Barrels Daily. Sort by any column, or search for a country.

Scroll the table sideways to see all columns.

Crude Oil and Condensate Production by country, 2023.
Rank↕ Country↕ Share of top Thousand Barrels Daily↕ vs 2022
1 UK
659 −11.2%
2 Italy
88.00 −4.3%
3 Denmark
60.00 −7.7%

By region

Crude Oil and Condensate Production by region

Thousand Barrels Daily, 2023. Each bar is that region's total.

Full series

Europe 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.

Europe Crude Oil and Condensate Production, 2015–2023, Thousand Barrels Daily.
YearThousand Barrels DailyChange vs prior year
2023 2,944 +0.5%
2022 Trough2,929 −5.4%
2021 3,096 −3.6%
2020Peak 3,212 +5.7%
2019 3,040 −2%
2018 3,103 −0.7%
2017 3,124 −1.8%
2016 3,180 −0.2%
2015 3,186 —

Data definition

Inclusions and exclusions

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. 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 — - 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 production across major European producers, making it an important indicator of regional energy supply, upstream activity, and hydrocarbon production performance.

Europe produced 3,186 thousand barrels daily of crude oil and condensate in 2015, remaining nearly unchanged at 3,180 thousand barrels daily in 2016 before declining to 3,124 thousand barrels daily in 2017. Output continued to ease to 3,103 thousand barrels daily in 2018 and 3,040 thousand barrels daily in 2019. Production temporarily increased to 3,212 thousand barrels daily in 2020 before falling to 3,096 thousand barrels daily in 2021 and 2,929 thousand barrels daily in 2022. A slight recovery brought regional production to 2,944 thousand barrels daily in 2023. The UK remained the largest listed producer, rising from 903 thousand barrels daily in 2015 to 1,019 thousand barrels daily in 2019 before declining steadily to 659 thousand barrels daily in 2023. Italy fluctuated between 78 and 113 thousand barrels daily, ending at 88 thousand barrels daily, while Denmark declined consistently from 158 to 60 thousand barrels daily. Production from the remaining European countries remained the largest contributor, ranging from 1,829 to 2,137 thousand barrels daily throughout the period.

Overall, the dataset indicates a gradual long-term decline in Europe's crude oil and condensate production, reflecting mature oil fields and changing upstream investment. The data supports assessments of regional oil supply, production performance, energy security, and long-term market planning for policymakers, researchers, and industry stakeholders.

Indicator
Crude Oil and Condensate Production
Region
Europe
Unit
Thousand 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 Europe 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 Europe Crude Oil and Condensate Production in 2023?

Europe Crude Oil and Condensate Production was 2,944 Thousand Barrels Daily in 2023, up 0.5% on 2022.

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

Europe Crude Oil and Condensate Production moved from 3,186 Thousand Barrels Daily in 2015 to 2,944 Thousand Barrels Daily in 2023 (−7.6%), an average of −1% a year. The series high was 3,212 Thousand Barrels Daily in 2020 and the low 2,929 Thousand Barrels Daily in 2022.

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

The highest value was 3,212 Thousand Barrels Daily in 2020 and the lowest was 2,929 Thousand Barrels Daily in 2022.

What does the Europe 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 Europe 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 2015–2023 and is reported in Thousand Barrels Daily.

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