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List of countries by oil production

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Top 5 oil-producing countries 1980–2022
World oil production

This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.

Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles.

The volumes in the table represent crude oil and lease condensate, the hydrocarbon liquids collected at or near the wellhead. The volumes in this table does not include biofuel, refinery gain (the increase in liquid volumes during oil refining), or liquids separated from natural gas in gas processing plants (natural gas liquids).[1] Production data including these other liquids is usually referred to as "Total Liquids Production", "Petroleum & Other Liquids", etc.[2]

Under this definition (crude and condensate), total world oil production in 2023 averaged 81,804,000 barrels per day. Approximately 72% of world oil production came from the top ten countries, and an overlapping 35% came from the twelve OPEC members. Members of OPEC+, which includes OPEC members produce about 60% of the world's petroleum. supply and demand In addition to being top 5 in oil production, the United States and Russia are also top 5 in oil exports, natural gas production and natural gas exports.

2023 marked the sixth straight year that the United States led the world in oil production;[3] shale oil fracking has dramatically increased the country's oil output since 2010. The United States also became a net petroleum exporter in 2020, for the first time since at least 1949.[4] U.S. crude oil exports reached a record high in the first half of 2023.[5] U.S. oil production reached a record high in October 2023.[6]

Countries by rank

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Country Continent Crude oil production
December 2023
(bbl/day)
[1]
 United States North America 13,308,000
 Russia (OPEC+) Europe/Asia 10,272,000
 Saudi Arabia (OPEC) Asia 8,950,000
 Canada North America 4,990,000
 Iraq (OPEC) Asia 4,445,000
 China Asia 4,173,000
 Iran (OPEC) Asia 4,084,000
 Brazil South America 3,585,000
 United Arab Emirates (OPEC) Asia 3,300,000
 Kuwait (OPEC) Asia 2,644,000
 Mexico (OPEC+) North America 1,903,000
 Kazakhstan (OPEC+) Asia/Europe 1,897,000
 Norway Europe 1,894,000
 Nigeria (OPEC) Africa 1,573,000
 Qatar Asia 1,305,000
 Libya (OPEC) Africa 1,248,000
 Angola Africa 1,235,000
 Algeria (OPEC) Africa 1,160,000
 Oman (OPEC+) Asia 1,040,000
 Colombia South America 787,000
 Venezuela (OPEC) South America 770,000
 Argentina South America 677,000
 United Kingdom Europe 647,000
 Indonesia Asia 605,000
 Azerbaijan (OPEC+) Asia/Europe 601,000
 India Asia 589,000
 Egypt Africa/Asia 559,000
 Guyana South America 555,000
 Malaysia (OPEC+) Asia 525,000
 Ecuador South America 486,000
 Australia Oceania 295,000
 Congo (OPEC) Africa 253,000
 Gabon (OPEC) Africa 220,000
 Turkmenistan Asia 191,000
 Ghana Africa 175,000
 Bahrain (OPEC+) Asia 167,000
 Vietnam Asia 165,000
 South Sudan (OPEC+) Africa 160,000
 Thailand Asia 136,000
 Chad Africa 126,000
 Italy Europe 119,000
 Brunei (OPEC+) Asia 100,000
 Syria Asia 95,000
 Turkey Asia/Europe 89,000
 Pakistan Asia 83,000
 Equatorial Guinea (OPEC) Africa 79,000
 Sudan (OPEC+) Africa 71,000
 Denmark Europe 58,000
 Romania Europe 57,000
 Trinidad and Tobago North America 54,000
 Cameroon Africa 49,000
 Peru South America 44,000
 Tunisia Africa 33,000
 Germany Europe 32,000
 Uzbekistan Asia 32,000
 Papua New Guinea Oceania 31,000
 Cuba North America 30,000
 Senegal Africa 30,000
 Belarus Europe 29,000
 Ivory Coast Africa 29,000
 Netherlands Europe 28,000
 Bolivia South America 22,000
 Hungary Europe 20,000
 DR Congo Africa 19,000
 Poland Europe 18,000
 Israel Asia 15,000
 Mongolia Asia 15,000
 Yemen Asia 15,000
 Albania Europe 14,000
 Serbia Europe 13,000
 Suriname South America 13,000
 France Europe 12,000
 New Zealand Oceania 11,000
 Croatia Europe 10,000
 Austria Europe 8,800
 Myanmar Asia 7,100
 Kyrgyzstan Asia 6,200
 Guatemala North America 6,000
 Niger Africa 6,000
 East Timor Asia 5,000
 Japan Asia 3,500
 Bangladesh Asia 3,000
 Chile South America 2,300
 Greece Europe 1,500
 Czech Republic Europe 1,400
 Barbados North America 1,000
 Bulgaria Europe 1,000
 South Africa Africa 1,000
 Philippines Asia 900
 Belize North America 800
 Lithuania Europe 700
 Tajikistan Asia 300
 Georgia Europe/Asia 200
 Taiwan Asia 200
 Jordan Asia 100
 Slovakia Europe 100
World 83,121,000

See also

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References

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  1. ^ a b "Crude Oil including Lease Condensate Monthly". U.S. Energy Information Administration (EIA). Retrieved 3 April 2024.
  2. ^ "Petroleum & Other Liquids". US Energy Information Administration.
  3. ^ "US leads global oil production for sixth straight year- EIA". Reuters. 5 March 2021. Retrieved 16 April 2024.
  4. ^ "Oil and petroleum products explained". Energy Information Administration. 2 October 2023.
  5. ^ "U.S. crude oil exports reached a record high in first half of 2023". Energy Information Administration. 10 October 2023.
  6. ^ Borenstein, Seth (20 October 2023). "US oil production hits all-time high, conflicting with efforts to cut heat-trapping pollution". Associated Press News.