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Energy & Power๐Ÿ‡ท๐Ÿ‡บ Russia

Russia 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.

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

11,50011,00010,50010,0002015: 10,6172016: 10,8632017: 10,8982018: 11,0832019: 11,186Peak2020: 10,192Trough2021: 10,4552022: 10,6692023: 10,55420152017201920212023
Source: energyinst.orgLast updated: July 2026

What Russia Crude Oil and Condensate Production shows

Russia Crude Oil and Condensate Production was 10,554 Thousand Barrels Daily in 2023, down 1.1% on 2022. The Crude Oil and Condensate Production dataset of Russia from 2015 to 2023 provides a clear and consistent view of the country's petroleum production landscape, highlighting production trends, crude oil output, condensate volumes, and supply patterns over the observed period.

Trend

Broadly stable

Russia Crude Oil and Condensate Production moved from 10,617 Thousand Barrels Daily in 2015 to 10,554 Thousand Barrels Daily in 2023 (โˆ’0.6%), an average of โˆ’0.1% a year. The series high was 11,186 Thousand Barrels Daily in 2019 and the low 10,192 Thousand Barrels Daily in 2020.

Volatility

A 8.9% peak-to-trough swing

The gap between the series high (2019) and low (2020) is 994 Thousand Barrels Daily. The sharpest single-year move was โˆ’8.9% in 2020.

Structure

Ranks 2 of 28 countries covered

Among the 28 countries in this dataset, Russia ranks 2 for 2023, behind U.S. (12,927 Thousand Barrels Daily) and Saudi Arabia (9,609 Thousand Barrels Daily). It accounts for 12.8% of the global total in 2023.

Full series

Russia 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.

Russia Crude Oil and Condensate Production, 2015โ€“2023, Thousand Barrels Daily.
YearThousand Barrels DailyChange vs prior year
2023 10,554 โˆ’1.1%
2022 10,669 +2%
2021 10,455 +2.6%
2020 Trough10,192 โˆ’8.9%
2019Peak 11,186 +0.9%
2018 11,083 +1.7%
2017 10,898 +0.3%
2016 10,863 +2.3%
2015 10,617 โ€”

Regional context

How Russia compares in Commonwealth of Independent States

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

1Russia
10,554
2Kazakhstan
1,891
3Azerbaijan
619
4Turkmenistan
166

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 million barrels daily, the dataset reflects domestic crude oil and condensate production, making it an important indicator of upstream energy activity, resource utilization, export capability, and petroleum sector performance.

Russia recorded crude oil and condensate production of 10.62 million barrels daily in 2015, increasing to 10.86 million barrels daily in 2016, 10.90 million barrels daily in 2017, 11.08 million barrels daily in 2018, and 11.19 million barrels daily in 2019, the highest level during the review period. Output declined to 10.19 million barrels daily in 2020 amid weaker global demand and production cuts before recovering to 10.46 million barrels daily in 2021 and 10.67 million barrels daily in 2022. Production eased slightly to 10.55 million barrels daily in 2023 while remaining among the world's largest crude oil producers.

Overall, the dataset highlights consistently high crude oil and condensate production with moderate fluctuations during the review period. The trend reflects Russia's extensive hydrocarbon resource base, mature upstream industry, and its significant role in global crude oil supply despite temporary market disruptions.

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 production forecasting, investment analysis, energy market assessments, and policy development. Researchers, policymakers, and industry stakeholders can use the information to evaluate production efficiency, resource management strategies, and future exploration opportunities while supporting informed decision-making across Russia's petroleum industry.

Indicator
Crude Oil and Condensate Production
Country
Russia
Region
Commonwealth of Independent States
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 Russia 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 Russia Crude Oil and Condensate Production in 2023?

Russia Crude Oil and Condensate Production was 10,554 Thousand Barrels Daily in 2023, down 1.1% on 2022.

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

Russia Crude Oil and Condensate Production moved from 10,617 Thousand Barrels Daily in 2015 to 10,554 Thousand Barrels Daily in 2023 (โˆ’0.6%), an average of โˆ’0.1% a year. The series high was 11,186 Thousand Barrels Daily in 2019 and the low 10,192 Thousand Barrels Daily in 2020.

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

The highest value was 11,186 Thousand Barrels Daily in 2019 and the lowest was 10,192 Thousand Barrels Daily in 2020.

What does the Russia 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 Russia 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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