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 overall energy sector performance.
The UAE recorded crude oil and condensate production of 3.26 million barrels daily in 2015, increasing to 3.37 million barrels daily in 2016 before easing to 3.25 million barrels daily in 2017. Production edged up to 3.29 million barrels daily in 2018 and 3.35 million barrels daily in 2019, reflecting relatively stable upstream operations. Output declined to 3.07 million barrels daily in 2020 amid weaker global oil demand and coordinated production adjustments. Production remained slightly lower at 3.02 million barrels daily in 2021 before recovering to 3.36 million barrels daily in 2022. In 2023, production moderated to 3.25 million barrels daily, remaining close to the long-term average observed during the review period.
Overall, the dataset indicates relatively stable crude oil and condensate production across the review period, with temporary fluctuations driven primarily by changing market conditions and production management policies. The country's production profile demonstrates consistent operational performance while maintaining flexibility in response to international oil market developments.
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 data to evaluate production efficiency, resource management strategies, and the UAE's continuing role within regional and global petroleum markets.