- 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.
U.S. Crude Oil and Condensate Production was 12,927 Thousand Barrels Daily in 2023, up 8.5% on 2022. The Crude Oil and Condensate Production dataset of the U.S. from 2015 to 2023 provides a clear and consistent view of the country’s oil production landscape, highlighting production trends, crude oil output, condensate volumes, and overall supply patterns throughout the review period.
U.S. Crude Oil and Condensate Production moved from 9,439 Thousand Barrels Daily in 2015 to 12,927 Thousand Barrels Daily in 2023 (+37%), an average of +4% a year. The series high was 12,927 Thousand Barrels Daily in 2023 and the low 8,846 Thousand Barrels Daily in 2016.
The gap between the series high (2023) and low (2016) is 4,081 Thousand Barrels Daily. The sharpest single-year move was +17% in 2018.
Among the 28 countries in this dataset, U.S. ranks 1 for 2023. It accounts for 15.6% of the global total in 2023.
Full series
Complete annual series with year-on-year change. Values are reported in Thousand Barrels Daily.
Scroll the table sideways to see all columns.
| Year | Thousand Barrels Daily | Change vs prior year |
|---|---|---|
| 2023Peak | 12,927 | +8.5% |
| 2022 | 11,911 | +5.7% |
| 2021 | 11,268 | −0.4% |
| 2020 | 11,318 | −8.1% |
| 2019 | 12,311 | +12.4% |
| 2018 | 10,951 | +17% |
| 2017 | 9,357 | +5.8% |
| 2016 Trough | 8,846 | −6.3% |
| 2015 | 9,439 | — |
Regional context
Crude Oil and Condensate Production by country, 2023, Thousand Barrels Daily. U.S. is highlighted.
Data definition
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.
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.
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.
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 per day, the dataset reflects the volume of crude oil and condensate produced from domestic oil fields, making it an important indicator of upstream petroleum activity, energy security, production capacity, and the country's contribution to global oil supply.
The United States produced 9.44 million barrels per day of crude oil and condensate in 2015 before declining to 8.85 million barrels per day in 2016. Production recovered to 9.36 million barrels per day in 2017 and increased significantly to 10.95 million barrels per day in 2018. Output continued to rise, reaching 12.31 million barrels per day in 2019, supported by expanding shale production and increased drilling activity. In 2020, production declined to 11.32 million barrels per day due to reduced oil demand and lower investment during the global pandemic. Production remained relatively stable at 11.27 million barrels per day in 2021 before increasing to 11.91 million barrels per day in 2022. In 2023, production reached a record 12.93 million barrels per day, the highest level during the review period, reflecting strong upstream investment, operational efficiency, and resilient domestic supply.
Overall, the dataset highlights a strong long-term upward trend in U.S. crude oil and condensate production despite the temporary decline experienced in 2020. The steady recovery and record production in recent years demonstrate the country's expanding production capabilities and its strategic importance in global energy markets. The dataset supports production monitoring, energy market analysis, supply forecasting, investment evaluation, and policy development while providing valuable insights for governments, researchers, investors, and industry stakeholders assessing long-term trends in petroleum production.
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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.
U.S. Crude Oil and Condensate Production was 12,927 Thousand Barrels Daily in 2023, up 8.5% on 2022.
U.S. Crude Oil and Condensate Production moved from 9,439 Thousand Barrels Daily in 2015 to 12,927 Thousand Barrels Daily in 2023 (+37%), an average of +4% a year. The series high was 12,927 Thousand Barrels Daily in 2023 and the low 8,846 Thousand Barrels Daily in 2016.
The highest value was 12,927 Thousand Barrels Daily in 2023 and the lowest was 8,846 Thousand Barrels Daily in 2016.
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.
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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