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 producing fields, making it an important indicator of upstream energy activity, resource utilization, energy security, and petroleum sector performance.
Indonesia recorded crude oil and condensate production of 786 thousand barrels daily in 2015, increasing to 829 thousand barrels daily in 2016 before declining to 801 thousand barrels daily in 2017. Production continued to decrease to 772 thousand barrels daily in 2018 and 745 thousand barrels daily in 2019. Output fell further to 708 thousand barrels daily in 2020 as production from mature fields continued to decline. The downward trend persisted with production reaching 659 thousand barrels daily in 2021, 612 thousand barrels daily in 2022, and 606 thousand barrels daily in 2023, the lowest level recorded during the review period.
Overall, the dataset highlights a sustained long-term decline in Indonesia's crude oil and condensate production following the temporary increase recorded in 2016. The trend reflects declining output from mature oil fields, limited production growth from new developments, and ongoing challenges in maintaining upstream production despite continued exploration and investment initiatives.
The dataset serves as a valuable resource for monitoring national oil production performance, evaluating upstream sector trends, and assessing long-term supply dynamics. It also supports energy market analysis, production forecasting, investment planning, and policy formulation. Researchers, policymakers, and industry stakeholders can use the information to evaluate resource management strategies, production efficiency, and future exploration opportunities while strengthening long-term planning across Indonesia's petroleum industry.