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Crude Oil and Condensate Productionin North America

- 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.

North America Crude Oil and Condensate ProductionThousand Barrels Daily · 2015–2023

U.S.U.S.: 12,92712,927CanadaCanada: 4,9354,935MexicoMexico: 1,8751,875
20,00018,00016,00014,0002015: 15,5692016: 14,868Trough2017: 15,5222018: 17,3812019: 18,7022020: 17,4942021: 17,7692022: 18,5622023: 19,737Peak20152017201920212023
U.S.: 12,927Canada: 4,935Mexico: 1,8753countries
U.S.12,927
Canada4,935
Mexico1,875
Source: energyinst.orgLast updated: July 2026

What North America Crude Oil and Condensate Production shows

North America Crude Oil and Condensate Production was 19,737 Thousand Barrels Daily in 2023, up 6.3% on 2022. The Crude Oil and Condensate Production dataset of North America from 2015 to 2023 provides a comprehensive view of the region's upstream oil production, highlighting production trends, crude oil output, condensate volumes, and supply patterns during the study period.

Trend

Rising to a series high

North America Crude Oil and Condensate Production moved from 15,569 Thousand Barrels Daily in 2015 to 19,737 Thousand Barrels Daily in 2023 (+26.8%), an average of +3% a year. The series high was 19,737 Thousand Barrels Daily in 2023 and the low 14,868 Thousand Barrels Daily in 2016.

Volatility

A 24.7% peak-to-trough swing

The gap between the series high (2023) and low (2016) is 4,869 Thousand Barrels Daily. The sharpest single-year move was +12% in 2018.

Structure

U.S. leads the region

Within North America, U.S. has the highest value in 2023 at 12,927 Thousand Barrels Daily, 65.5% of the regional total.

Country ranking

Crude Oil and Condensate Production by country, 2023

Thousand Barrels Daily. Sort by any column, or search for a country.

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Crude Oil and Condensate Production by country, 2023.
Rank↕ Country↕ Share of top Thousand Barrels Daily↕ vs 2022
1 U.S.
12,927 +8.5%
2 Canada
4,935 +1.4%
3 Mexico
1,875 +5%

By region

Crude Oil and Condensate Production by region

Thousand Barrels Daily, 2023. Each bar is that region's total.

Full series

North America 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.

North America Crude Oil and Condensate Production, 2015–2023, Thousand Barrels Daily.
YearThousand Barrels DailyChange vs prior year
2023Peak 19,737 +6.3%
2022 18,562 +4.5%
2021 17,769 +1.6%
2020 17,494 −6.5%
2019 18,702 +7.6%
2018 17,381 +12%
2017 15,522 +4.4%
2016 Trough14,868 −4.5%
2015 15,569 —

Data definition

Inclusions and exclusions

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.

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 — - 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.

Indicator
Crude Oil and Condensate Production
Region
North America
Unit
Thousand Barrels Daily
Coverage
2015–2023, annual
Category
Energy & Power
Last updated
July 2026
Source
energyinst.org

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Frequently asked questions

What is North America 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 North America Crude Oil and Condensate Production in 2023?

North America Crude Oil and Condensate Production was 19,737 Thousand Barrels Daily in 2023, up 6.3% on 2022.

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

North America Crude Oil and Condensate Production moved from 15,569 Thousand Barrels Daily in 2015 to 19,737 Thousand Barrels Daily in 2023 (+26.8%), an average of +3% a year. The series high was 19,737 Thousand Barrels Daily in 2023 and the low 14,868 Thousand Barrels Daily in 2016.

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

The highest value was 19,737 Thousand Barrels Daily in 2023 and the lowest was 14,868 Thousand Barrels Daily in 2016.

What does the North America 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 North America 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 2015–2023 and is reported in Thousand Barrels Daily.

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