- 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.
Russia Oil Production was 11.07 Million Barrels Daily in 2023, down 1.1% on 2022. The Oil Production dataset of Russia from 2015 to 2023 provides a comprehensive overview of the country's crude oil production, highlighting output trends, production levels, supply changes, industry performance, and annual market developments throughout the review period.
Russia Oil Production moved from 11.09 Million Barrels Daily in 2015 to 11.07 Million Barrels Daily in 2023 (−0.1%), an average of −0% a year. The series high was 11.68 Million Barrels Daily in 2019 and the low 10.67 Million Barrels Daily in 2020.
The gap between the series high (2019) and low (2020) is 1.01 Million Barrels Daily. The sharpest single-year move was −8.7% in 2020.
Among the 27 countries in this dataset, Russia ranks 3 for 2023, behind U.S. (19.36 Million Barrels Daily) and Saudi Arabia (11.39 Million Barrels Daily). It accounts for 11.5% of the global total in 2023.
Full series
Complete annual series with year-on-year change. Values are reported in Million Barrels Daily.
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| Year | Million Barrels Daily | Change vs prior year |
|---|---|---|
| 2023 | 11.08 | −1.1% |
| 2022 | 11.20 | +1.8% |
| 2021 | 11.00 | +3.1% |
| 2020 Trough | 10.67 | −8.7% |
| 2019Peak | 11.68 | +1% |
| 2018 | 11.56 | +1.7% |
| 2017 | 11.37 | +0.3% |
| 2016 | 11.34 | +2.3% |
| 2015 | 11.09 | — |
Regional context
Oil Production by country, 2023, Million Barrels Daily. Russia 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 million barrels daily, the dataset reflects Russia's total crude oil production and serves as an important indicator of upstream exploration activity, production capacity, resource utilization, and energy sector performance. The dataset enables analysis of production trends, supply dynamics, and long-term developments, offering valuable insights into Russia's position as one of the world's leading crude oil producers.
Russia's oil production increased from 11.09 million barrels daily in 2015 to 11.34 million in 2016, 11.37 million in 2017, 11.56 million in 2018, and 11.68 million in 2019. Production declined to 10.67 million barrels daily in 2020, reflecting weaker global oil demand, before recovering to 11.00 million in 2021 and 11.20 million in 2022. Output eased slightly to 11.08 million barrels daily in 2023, remaining close to pre-pandemic levels. Despite short-term fluctuations, Russia maintained one of the highest crude oil production levels globally throughout the review period, supported by its extensive hydrocarbon reserves and established upstream infrastructure.
Overall, the dataset demonstrates relatively stable long-term oil production in Russia, with only moderate fluctuations driven by changing market conditions and production adjustments. The strong recovery following the 2020 decline highlights the resilience of the country's upstream oil sector despite external market pressures. The dataset serves as a valuable resource for monitoring 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 long-term investment decisions.
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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.
Russia Oil Production was 11.07 Million Barrels Daily in 2023, down 1.1% on 2022.
Russia Oil Production moved from 11.09 Million Barrels Daily in 2015 to 11.07 Million Barrels Daily in 2023 (−0.1%), an average of −0% a year. The series high was 11.68 Million Barrels Daily in 2019 and the low 10.67 Million Barrels Daily in 2020.
The highest value was 11.68 Million Barrels Daily in 2019 and the lowest was 10.67 Million Barrels Daily in 2020.
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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