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Italy 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.

Italy Crude Oil and Condensate ProductionThousand Barrels Daily ยท 2015โ€“2023

12010080602015: 113Peak2016: 78.00Trough2017: 86.002018: 97.002019: 89.002020: 1122021: 1002022: 92.002023: 88.0020152017201920212023
Source: energyinst.orgLast updated: July 2026

What Italy Crude Oil and Condensate Production shows

Italy Crude Oil and Condensate Production was 88.00 Thousand Barrels Daily in 2023, down 4.3% on 2022. The Crude Oil and Condensate Production dataset of Italy from 2015 to 2023 provides a clear and consistent view of the country's oil production landscape, highlighting production trends, crude oil output, condensate volumes, and overall supply patterns throughout the review period.

Trend

Lower over the period

Italy Crude Oil and Condensate Production moved from 113 Thousand Barrels Daily in 2015 to 88.00 Thousand Barrels Daily in 2023 (โˆ’22.1%), an average of โˆ’3.1% a year. The series high was 113 Thousand Barrels Daily in 2015 and the low 78.00 Thousand Barrels Daily in 2016.

Volatility

A 31% peak-to-trough swing

The gap between the series high (2015) and low (2016) is 35.00 Thousand Barrels Daily. The sharpest single-year move was โˆ’31% in 2016.

Structure

Ranks 27 of 28 countries covered

Among the 28 countries in this dataset, Italy ranks 27 for 2023, behind U.S. (12,927 Thousand Barrels Daily) and Russia (10,554 Thousand Barrels Daily). It accounts for 0.1% of the global total in 2023.

Full series

Italy 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.

Italy Crude Oil and Condensate Production, 2015โ€“2023, Thousand Barrels Daily.
YearThousand Barrels DailyChange vs prior year
2023 88.00 โˆ’4.3%
2022 92.00 โˆ’8%
2021 100 โˆ’10.7%
2020 112 +25.8%
2019 89.00 โˆ’8.2%
2018 97.00 +12.8%
2017 86.00 +10.3%
2016 Trough78.00 โˆ’31%
2015Peak 113 โ€”

Regional context

How Italy compares in Europe

Crude Oil and Condensate Production by country, 2023, Thousand Barrels Daily. Italy is highlighted.

1UK
659
2Italy
88.00
3Denmark
60.00

Data definition

Inclusions and exclusions

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.

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 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 per day, the dataset reflects the volume of crude oil and condensate produced from domestic oil fields, making it an important indicator of upstream petroleum activity, resource utilization, production capacity, and national energy supply.

Italy produced 113 thousand barrels per day of crude oil and condensate in 2015 before production declined sharply to 78 thousand barrels per day in 2016. Output recovered modestly to 86 thousand barrels per day in 2017 and increased further to 97 thousand barrels per day in 2018. Production eased to 89 thousand barrels per day in 2019 before rising to 112 thousand barrels per day in 2020, nearly matching the level recorded at the beginning of the review period. After 2020, production gradually declined to 100 thousand barrels per day in 2021, 92 thousand barrels per day in 2022, and 88 thousand barrels per day in 2023, reflecting lower domestic output and normal production variability.

Overall, the dataset demonstrates moderate fluctuations in Italy's crude oil and condensate production rather than a sustained upward or downward trend. Although production recovered significantly in 2020, output moderated during the following years and remained below the 2015 level by the end of the review period. The dataset supports monitoring of domestic oil production, evaluation of upstream sector performance, supply forecasting, energy market assessments, and policy development. It also provides a reliable foundation for researchers, policymakers, investors, and industry stakeholders to analyze long-term production trends and assess the contribution of domestic petroleum resources to Italy's energy sector.

Indicator
Crude Oil and Condensate Production
Country
Italy
Region
Europe
Unit
Thousand Barrels Daily
Coverage
2015โ€“2023, annual
Category
Energy & Power
Last updated
July 2026
Source
energyinst.org

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Frequently asked questions

What is Italy 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 Italy Crude Oil and Condensate Production in 2023?

Italy Crude Oil and Condensate Production was 88.00 Thousand Barrels Daily in 2023, down 4.3% on 2022.

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

Italy Crude Oil and Condensate Production moved from 113 Thousand Barrels Daily in 2015 to 88.00 Thousand Barrels Daily in 2023 (โˆ’22.1%), an average of โˆ’3.1% a year. The series high was 113 Thousand Barrels Daily in 2015 and the low 78.00 Thousand Barrels Daily in 2016.

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

The highest value was 113 Thousand Barrels Daily in 2015 and the lowest was 78.00 Thousand Barrels Daily in 2016.

What does the Italy 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 Italy 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 2015โ€“2023 and is reported in Thousand Barrels Daily.

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