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 million barrels daily, the dataset reflects total regional crude oil production and serves as an important indicator of upstream exploration activity, resource development, production capacity, and energy sector performance. Incorporating production data from the United States, Canada, and Mexico, the dataset enables analysis of regional supply dynamics, production trends, and long-term developments across North America's oil industry.
North America's total oil production declined from 19.76 million barrels daily in 2015 to 19.28 million in 2016, before increasing to 20.18 million in 2017, 22.63 million in 2018, and 24.43 million in 2019. Regional output fell to 23.53 million barrels daily in 2020 before recovering to 24.03 million in 2021, 25.36 million in 2022, and 27.05 million barrels daily in 2023, the highest level during the review period. The United States remained the dominant producer, expanding production from 12.78 million barrels daily in 2015 to 19.36 million in 2023. Canada recorded consistent production growth, while Mexico experienced a gradual decline before posting a modest recovery to 2.04 million barrels daily in 2023.
Overall, the dataset demonstrates strong long-term growth in North American oil production, primarily driven by sustained expansion in U.S. crude oil output and supported by rising Canadian production. Although Mexico recorded weaker production for much of the review period, regional growth remained resilient, enabling North America to achieve a record production level in 2023. The dataset serves as a valuable resource for monitoring regional oil production trends, evaluating supply conditions, supporting market analysis, forecasting future crude oil output, and enabling policymakers, researchers, investors, and industry stakeholders to develop effective energy strategies and investment decisions.