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. 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 captures crude oil and lease condensate produced before refining, serving as a key indicator of production capacity, resource utilization, energy security, and the region's contribution to global oil supply.
The region recorded total crude oil and condensate production of 15.57 million barrels daily in 2015, declining to 14.87 million barrels daily in 2016 before increasing to 15.52 million barrels daily in 2017, 17.38 million barrels daily in 2018, and 18.70 million barrels daily in 2019. Production fell to 17.49 million barrels daily in 2020 due to reduced demand and lower upstream activity before recovering to 17.77 million barrels daily in 2021, 18.56 million barrels daily in 2022, and reaching 19.74 million barrels daily in 2023. The U.S., the region's largest producer, increased output from 9.44 million barrels daily in 2015 to 12.93 million barrels daily in 2023, despite a temporary decline in 2020. Canada recorded steady growth from 3.86 million barrels daily to 4.94 million barrels daily, supported by expanding oil sands and conventional production. Mexico experienced a gradual decline from 2.27 million barrels daily in 2015 to 1.70 million barrels daily in 2019, followed by a modest recovery to 1.88 million barrels daily in 2023.
Overall, the dataset indicates sustained growth in North America's crude oil and condensate production, driven primarily by increasing U.S. and Canadian output despite temporary market disruptions in 2020. It supports production monitoring, supply assessments, regional comparisons, energy market analysis, and evidence-based policymaking for upstream petroleum development and long-term energy planning.