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 million barrels daily, the dataset reflects domestic crude oil and condensate production, making it an important indicator of upstream energy activity, resource utilization, export capability, and petroleum sector performance.
Kazakhstan recorded crude oil and condensate production of 1.67 million barrels daily in 2015, declining slightly to 1.64 million barrels daily in 2016 before increasing to 1.81 million barrels daily in 2017. Production continued to rise to 1.90 million barrels daily in both 2018 and 2019. Output declined to 1.80 million barrels daily in 2020 amid weaker global oil demand and production adjustments. Production recovered marginally to 1.81 million barrels daily in 2021, eased to 1.77 million barrels daily in 2022, and increased to 1.89 million barrels daily in 2023, approaching the highest production levels recorded during the review period.
Overall, the dataset highlights relatively stable crude oil and condensate production with moderate fluctuations over the review period. The trend reflects Kazakhstan's strong upstream resource base, continued investment in major oil fields, and sustained efforts to maintain production capacity despite periodic market and operational challenges.
The dataset serves as a valuable resource for monitoring national oil production performance, evaluating upstream sector developments, and assessing long-term supply trends. It also supports production forecasting, investment analysis, energy market assessments, and policy development. Researchers, policymakers, and industry stakeholders can use the information to evaluate production efficiency, resource management strategies, and future exploration opportunities while supporting informed decision-making across Kazakhstan's petroleum industry.