- 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.
Europe Oil Production was 3.23 Million Barrels Daily in 2023, up 0.3% on 2022. The Oil Production dataset of Europe from 2015 to 2023 provides a comprehensive overview of regional crude oil production, highlighting output trends, production levels, supply changes, industry performance, and annual market developments across the region. Measured in thousand barrels daily, the dataset represents the combined oil production of the UK, Italy, Denmark, and the remaining European producing countries.
Europe Oil Production moved from 3.60 Million Barrels Daily in 2015 to 3.23 Million Barrels Daily in 2023 (−10.5%), an average of −1.4% a year. The series high was 3.63 Million Barrels Daily in 2016 and the low 3.21 Million Barrels Daily in 2022.
The gap between the series high (2016) and low (2022) is 0.416 Million Barrels Daily. The sharpest single-year move was −6.5% in 2022.
Within Europe, UK has the highest value in 2023 at 0.715 Million Barrels Daily, 22.2% of the regional total.
Country ranking
Million Barrels Daily. Sort by any column, or search for a country.
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By region
Million Barrels Daily, 2023. Each bar is that region's total.
Full series
Complete annual series with year-on-year change. Values are reported in Million Barrels Daily.
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| Year | Million Barrels Daily | Change vs prior year |
|---|---|---|
| 2023 | 3.23 | +0.3% |
| 2022 Trough | 3.21 | −6.5% |
| 2021 | 3.44 | −4.9% |
| 2020 | 3.61 | +4.4% |
| 2019 | 3.46 | −2.5% |
| 2018 | 3.55 | −1.1% |
| 2017 | 3.59 | −1.1% |
| 2016Peak | 3.63 | +0.8% |
| 2015 | 3.60 | — |
Data definition
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.
The data includes crude oil extracted from both onshore and offshore oil fields, covering production from conventional wells as well as unconventional sources such as tight oil and shale oil where applicable. It includes all crude oil produced at the wellhead before refining, processing, or blending. The indicator may also include lease condensate when reported as part of crude oil production in national energy statistics. Data is compiled from national energy agencies, oil companies, and standardized international energy databases, ensuring consistency in comparing production levels across countries and over time.
The data excludes refined petroleum products such as gasoline, diesel, jet fuel, kerosene, LPG, and other products derived from crude oil after refining. It does not include natural gas production, natural gas liquids (except where classified as condensate under crude oil reporting), biofuels, synthetic crude from coal-to-liquids or gas-to-liquids processes, or refinery gains. The indicator does not measure oil consumption, reserves, imports, exports, or refining capacity. Minor variations may arise due to differences in national reporting standards, classification of condensates, and estimation methodologies used across countries.
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.
It serves as an important indicator of upstream activity, domestic energy supply, resource development, investment trends, and the overall performance of Europe's petroleum industry while supporting analysis of regional supply and production trends.
Europe produced 3,602 thousand barrels daily in 2015 before increasing slightly to 3,630 thousand in 2016. Production declined to 3,590 thousand barrels daily in 2017 and 3,550 thousand in 2018 before falling to 3,460 thousand in 2019. Regional output recovered to 3,612 thousand barrels daily in 2020 before declining to 3,436 thousand in 2021 and 3,214 thousand in 2022. Production stabilized at 3,225 thousand barrels daily in 2023. Throughout the review period, the UK remained Europe's largest oil producer despite lower production in recent years, while Italy and Denmark contributed comparatively smaller volumes. Output from the remaining European countries helped maintain overall regional production despite declines from several mature producing fields.
Overall, the dataset indicates a relatively stable production profile during the first half of the review period, followed by a gradual decline in later years. The trend reflects mature offshore oil fields, natural reservoir depletion, and reduced output from aging assets. Despite these challenges, Europe continues to support a well-established upstream petroleum industry through ongoing investment, operational improvements, and efficient resource management.
The dataset serves as a valuable resource for monitoring regional oil production performance, evaluating supply trends, supporting market analysis, forecasting future production, and enabling policymakers, researchers, investors, and industry stakeholders to develop effective energy strategies and production planning.
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Definition- 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.
Europe Oil Production was 3.23 Million Barrels Daily in 2023, up 0.3% on 2022.
Europe Oil Production moved from 3.60 Million Barrels Daily in 2015 to 3.23 Million Barrels Daily in 2023 (−10.5%), an average of −1.4% a year. The series high was 3.63 Million Barrels Daily in 2016 and the low 3.21 Million Barrels Daily in 2022.
The highest value was 3.63 Million Barrels Daily in 2016 and the lowest was 3.21 Million Barrels Daily in 2022.
Included: The data includes crude oil extracted from both onshore and offshore oil fields, covering production from conventional wells as well as unconventional sources such as tight oil and shale oil where applicable. It includes all crude oil produced at the wellhead before refining, processing, or blending. The indicator may also include lease condensate when reported as part of crude oil production in national energy statistics. Data is compiled from national energy agencies, oil companies, and standardized international energy databases, ensuring consistency in comparing production levels across countries and over time. Excluded: The data excludes refined petroleum products such as gasoline, diesel, jet fuel, kerosene, LPG, and other products derived from crude oil after refining. It does not include natural gas production, natural gas liquids (except where classified as condensate under crude oil reporting), biofuels, synthetic crude from coal-to-liquids or gas-to-liquids processes, or refinery gains. The indicator does not measure oil consumption, reserves, imports, exports, or refining capacity. Minor variations may arise due to differences in national reporting standards, classification of condensates, and estimation methodologies used across countries.
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 Million Barrels Daily.
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