- 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.
Malaysia Oil Production was 0.565 Million Barrels Daily in 2023, up 0.7% on 2022. The Oil Production dataset of Malaysia from 2015 to 2023 provides a clear and consistent view of the country's oil production landscape, highlighting output trends, production levels, supply changes, industry performance, and annual market developments over the observed period.
Malaysia Oil Production moved from 0.696 Million Barrels Daily in 2015 to 0.565 Million Barrels Daily in 2023 (−18.8%), an average of −2.6% a year. The series high was 0.726 Million Barrels Daily in 2016 and the low 0.561 Million Barrels Daily in 2022.
The gap between the series high (2016) and low (2022) is 0.165 Million Barrels Daily. The sharpest single-year move was −8.5% in 2020.
Among the 27 countries in this dataset, Malaysia ranks 22 for 2023, behind U.S. (19.36 Million Barrels Daily) and Saudi Arabia (11.39 Million Barrels Daily). It accounts for 0.6% of the global total in 2023.
Full series
Complete annual series with year-on-year change. Values are reported in Million Barrels Daily.
Scroll the table sideways to see all columns.
| Year | Million Barrels Daily | Change vs prior year |
|---|---|---|
| 2023 | 0.565 | +0.7% |
| 2022 Trough | 0.561 | −1.8% |
| 2021 | 0.571 | −7.2% |
| 2020 | 0.615 | −8.5% |
| 2019 | 0.672 | −5.8% |
| 2018 | 0.713 | −0.7% |
| 2017 | 0.718 | −1.1% |
| 2016Peak | 0.726 | +4.3% |
| 2015 | 0.696 | — |
Regional context
Oil Production by country, 2023, Million Barrels Daily. Malaysia is highlighted.
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.
Measured in thousand barrels daily, the dataset reflects total oil production and serves as an important indicator of upstream activity, domestic energy supply, investment trends, resource development, and the overall performance of Malaysia's petroleum sector. It supports the evaluation of annual production trends, offshore field performance, upstream investment, and the contribution of domestic crude oil production to the country's energy sector.
Malaysia produced 696 thousand barrels daily in 2015 before increasing to 726 thousand in 2016. Production remained relatively high at 718 thousand barrels daily in 2017 and 713 thousand in 2018 before declining to 672 thousand in 2019. Output continued to fall to 615 thousand barrels daily in 2020, 571 thousand in 2021, and 561 thousand in 2022 before recording a slight recovery to 565 thousand barrels daily in 2023. The overall decline reflects maturing offshore fields, natural production depletion, operational challenges, and reduced output from existing assets, while the modest increase in 2023 indicates improved field performance and operational efficiency.
Overall, the dataset highlights a gradual decline in Malaysia's oil production after reaching its peak during the early years of the review period. Despite lower production in recent years, Malaysia continues to maintain an important upstream petroleum industry supported by offshore operations, ongoing investment, and initiatives aimed at optimizing existing resources and sustaining domestic oil production.
The dataset serves as a valuable resource for monitoring national oil production performance, evaluating supply trends, assessing upstream investment, 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.
Malaysia Oil Production was 0.565 Million Barrels Daily in 2023, up 0.7% on 2022.
Malaysia Oil Production moved from 0.696 Million Barrels Daily in 2015 to 0.565 Million Barrels Daily in 2023 (−18.8%), an average of −2.6% a year. The series high was 0.726 Million Barrels Daily in 2016 and the low 0.561 Million Barrels Daily in 2022.
The highest value was 0.726 Million Barrels Daily in 2016 and the lowest was 0.561 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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