- 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.
U.S. Oil Production was 19.36 Million Barrels Daily in 2023, up 8.5% on 2022. The Oil Production dataset of the U.S. from 2015 to 2023 provides a clear and consistent view of the country's oil production landscape, highlighting output trends, production levels, supply changes, industry performance, and annual market developments over the observed period.
U.S. Oil Production moved from 12.78 Million Barrels Daily in 2015 to 19.36 Million Barrels Daily in 2023 (+51.4%), an average of +5.3% a year. The series high was 19.36 Million Barrels Daily in 2023 and the low 12.36 Million Barrels Daily in 2016.
The gap between the series high (2023) and low (2016) is 7.00 Million Barrels Daily. The sharpest single-year move was +16.6% in 2018.
Among the 27 countries in this dataset, U.S. ranks 1 for 2023. It accounts for 20.1% of the global total in 2023.
Full series
Complete annual series with year-on-year change. Values are reported in Million Barrels Daily.
Scroll the table sideways to see all columns.
| Year | Million Barrels Daily | Change vs prior year |
|---|---|---|
| 2023Peak | 19.36 | +8.5% |
| 2022 | 17.84 | +6.9% |
| 2021 | 16.69 | +1.2% |
| 2020 | 16.49 | −3.7% |
| 2019 | 17.14 | +11.8% |
| 2018 | 15.32 | +16.6% |
| 2017 | 13.14 | +6.3% |
| 2016 Trough | 12.36 | −3.3% |
| 2015 | 12.78 | — |
Regional context
Oil Production by country, 2023, Million Barrels Daily. U.S. 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 total oil production from conventional and unconventional resources, making it an important indicator of upstream activity, energy security, technological advancement, investment trends, and the country's role in the global oil market.
The U.S. produced 12.78 million barrels daily in 2015, easing slightly to 12.36 million in 2016 before recovering to 13.14 million in 2017. Production accelerated significantly to 15.32 million barrels daily in 2018 and 17.14 million in 2019, supported by expanding shale development, technological innovation, and increased upstream investment. In 2020, output declined to 16.49 million barrels daily as the COVID-19 pandemic reduced global fuel demand and temporarily slowed drilling activity. Production recovered modestly to 16.69 million in 2021 before increasing to 17.84 million in 2022. The upward trend continued in 2023, when production reached 19.36 million barrels daily, the highest level recorded during the review period, reflecting strong operational efficiency, sustained investment, improved drilling productivity, and favorable market conditions.
Overall, the dataset highlights a robust long-term expansion in U.S. oil production, interrupted only by the temporary decline experienced during the pandemic. The rapid recovery and continued growth after 2020 demonstrate the resilience of the U.S. upstream sector and reinforce the country's position as one of the world's largest oil producers and a key contributor to global oil supply.
The dataset serves as a valuable resource for monitoring national oil production performance, evaluating supply trends, assessing upstream investment, supporting energy market analysis, forecasting future production, and enabling policymakers, researchers, investors, and industry stakeholders to make informed strategic and commercial 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.
U.S. Oil Production was 19.36 Million Barrels Daily in 2023, up 8.5% on 2022.
U.S. Oil Production moved from 12.78 Million Barrels Daily in 2015 to 19.36 Million Barrels Daily in 2023 (+51.4%), an average of +5.3% a year. The series high was 19.36 Million Barrels Daily in 2023 and the low 12.36 Million Barrels Daily in 2016.
The highest value was 19.36 Million Barrels Daily in 2023 and the lowest was 12.36 Million Barrels Daily in 2016.
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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