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Energy & Power๐Ÿ‡ฒ๐Ÿ‡พ Malaysia

Malaysia 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.

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

7006005004002015: 6622016: 667Peak2017: 6602018: 6532019: 6102020: 5562021: 5112022: 502Trough2023: 50820152017201920212023
Source: energyinst.orgLast updated: July 2026

What Malaysia Crude Oil and Condensate Production shows

Malaysia Crude Oil and Condensate Production was 508 Thousand Barrels Daily in 2023, up 1.2% on 2022. The Crude Oil and Condensate Production dataset of Malaysia from 2015 to 2023 provides a clear and consistent view of the countryโ€™s petroleum production landscape, highlighting production trends, crude oil output, condensate volumes, and supply patterns over the observed period.

Trend

Lower over the period

Malaysia Crude Oil and Condensate Production moved from 662 Thousand Barrels Daily in 2015 to 508 Thousand Barrels Daily in 2023 (โˆ’23.3%), an average of โˆ’3.3% a year. The series high was 667 Thousand Barrels Daily in 2016 and the low 502 Thousand Barrels Daily in 2022.

Volatility

A 24.7% peak-to-trough swing

The gap between the series high (2016) and low (2022) is 165 Thousand Barrels Daily. The sharpest single-year move was โˆ’8.9% in 2020.

Structure

Ranks 22 of 28 countries covered

Among the 28 countries in this dataset, Malaysia ranks 22 for 2023, behind U.S. (12,927 Thousand Barrels Daily) and Russia (10,554 Thousand Barrels Daily). It accounts for 0.6% of the global total in 2023.

Full series

Malaysia 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.

Malaysia Crude Oil and Condensate Production, 2015โ€“2023, Thousand Barrels Daily.
YearThousand Barrels DailyChange vs prior year
2023 508 +1.2%
2022 Trough502 โˆ’1.8%
2021 511 โˆ’8.1%
2020 556 โˆ’8.9%
2019 610 โˆ’6.6%
2018 653 โˆ’1.1%
2017 660 โˆ’1%
2016Peak 667 +0.8%
2015 662 โ€”

Regional context

How Malaysia compares in Asia-Pacific

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

1China
4,198
2Indonesia
606
3India
605
4Malaysia
508
5Australia
281
6Vietnam
175
7Thailand
136

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 daily, the dataset reflects domestic crude oil and condensate production from offshore and onshore fields, making it an important indicator of upstream energy activity, resource utilization, energy security, and hydrocarbon production performance.

Malaysia recorded crude oil and condensate production of 662 thousand barrels daily in 2015, increasing slightly to 667 thousand barrels daily in 2016 before easing to 660 thousand barrels daily in 2017. Production remained relatively stable at 653 thousand barrels daily in 2018 but declined to 610 thousand barrels daily in 2019. Output fell further to 556 thousand barrels daily in 2020 as operational challenges and lower investment affected production activities. Production continued to decrease to 511 thousand barrels daily in 2021 and 502 thousand barrels daily in 2022 before recovering marginally to 508 thousand barrels daily in 2023.

Overall, the dataset indicates a gradual long-term decline in Malaysia's crude oil and condensate production despite a modest improvement during the final year of the review period. The overall trend reflects the natural decline of mature oil fields, changing investment conditions, and continued efforts to optimize production from existing assets while supporting upstream development.

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 energy market analysis, production forecasting, investment planning, and policy formulation. Researchers, policymakers, and industry stakeholders can use the information to evaluate production efficiency, resource management strategies, and future exploration opportunities while strengthening long-term planning across Malaysia's petroleum industry.

Indicator
Crude Oil and Condensate Production
Country
Malaysia
Region
Asia-Pacific
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 Malaysia 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 Malaysia Crude Oil and Condensate Production in 2023?

Malaysia Crude Oil and Condensate Production was 508 Thousand Barrels Daily in 2023, up 1.2% on 2022.

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

Malaysia Crude Oil and Condensate Production moved from 662 Thousand Barrels Daily in 2015 to 508 Thousand Barrels Daily in 2023 (โˆ’23.3%), an average of โˆ’3.3% a year. The series high was 667 Thousand Barrels Daily in 2016 and the low 502 Thousand Barrels Daily in 2022.

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

The highest value was 667 Thousand Barrels Daily in 2016 and the lowest was 502 Thousand Barrels Daily in 2022.

What does the Malaysia 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 Malaysia 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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