Global oil production amounted to ************ barrels per day in 2024. The level of oil production reached an all-time high in 2024. However, the coronavirus pandemic and its impact on transportation fuel demand led to a notable decline in 2020. Rising production and consumption Apart from events surrounding global economic crisis as in the late 2000's and 2020, oil production consistently increased every year for the past two decades. Similarly, global oil consumption only decreased in 2008, 2009, and 2020, but has otherwise increased to a higher level year after year. Oil and oil products remain invaluable commodities as most transportation fuels are petroleum-based and oil is a major raw material for the chemicals industry. Production by region and country While total production is rising, regional distribution has shifted, with the share of production declining the most in Europe and the Commonwealth of Independent States (CIS) since 2008, and rising the most in North America. Even though as a region the Middle East still produces the largest share of oil worldwide, the United States is currently the worl'ds largest producer of oil, followed by Saudi Arabia and Russia.

This dataset contains information about world's oil production for 1965-2020. Data from BP. Follow datasource.kapsarc.org for timely data to advance energy economics research.Notes:* Includes crude oil, shale oil, oil sands and NGLs (natural gas liquids - the liquid content of natural gas where this is recovered separately).** Excludes liquid fuels from other sources such as biomass and derivatives of coal and natural gas.*** Excludes Estonia, Latvia and Lithuania prior to 1985 and Slovenia prior to 1990.**** Annual changes and shares of total are calculated using million tonnes per annum figures.

The Ministry of Energy and Energy Industries (MEEI) has published valuable information showing the annual statistics on Natural Gas Production for 1908 - 2018 and Crude Oil and Condensate Production for 1908 - 2018.

This dataset contains crude oil production for Bahrain from 2000-2019. Data from National Oil & Gas Authority (NOGA). Follow datasource.kapsarc.org and it’s APIs for timely data to advance energy economics research. Note: Production is for Bahrain Field.

Key information about United States Crude Oil: Production

• United States Crude Oil: Production was reported at 13,208.219 Barrel/Day th in Dec 2024
• This records an increase from the previous number of 12,934.556 Barrel/Day th for Dec 2023
• US Crude Oil: Production data is updated yearly, averaging 7,171.122 Barrel/Day th from Dec 1960 to 2024, with 65 observations
• The data reached an all-time high of 13,208.219 Barrel/Day th in 2024 and a record low of 4,999.727 Barrel/Day th in 2008
• US Crude Oil: Production data remains active status in CEIC and is reported by Organization of the Petroleum Exporting Countries
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.OPEC.CO: Crude Oil Production: Yearly

Crude Oil Production in Poland increased to 17 BBL/D/1K in July from 12 BBL/D/1K in June of 2025. This dataset provides - Poland Crude Oil Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Description

This dataset comprises a single .csv file containing monthly time-series crude oil production data for all of Canada. The months for which data is available range from January of 2016 to June of 2024. Measurements are available in cubic metres and in barrels. The file also contains Western Canada Select (WCS) and West Texas Intermediate (WTI) average monthly price data.

Publishers

• Statistics Canada
• U.S. Energy Information Administration
• Alberta Energy

In 2024, the majority of oil worldwide was produced in the Middle East, which accounted for around **** percent of the global output that year. Home to large hydrocarbon reserves, many of the world’s largest petrostates are located here. North America was the second largest oil producer, followed by the Commonwealth of Independent States. Global crude oil production In 2024, global oil production stood at almost ** million barrels per day. Amongst the various crude oil producing countries in the world, the United States came in first, accounting for nearly ** percent of global oil production in 2022. In comparison, Algeria was in the last position, accounting for only *** percent of the global oil production. Global oil companies Saudi Aramco, the state-owned petroleum and natural gas company in Saudi Arabia, is one of the top oil companies in terms of daily crude oil production, with a daily production volume of nearly **** million barrels per day. In contrast, Sinopec, a Chinese oil company, which largely focuses on refining, reported a daily production of ******* barrels. Due in part to its position as refining leader, Sinopec claimed the highest revenue among global oil and gas companies, reaching nearly *** billion U.S. dollars in 2023.

Production and reserves statistics for coal seam gas, condensate, crude oil, liquefied petroleum gas and natural gas.

Please note: Due to changes in the data collection and reporting standards the Department has altered the published reports format. The Petroleum and gas production reports are published in the new format from the period Dec 2014 till Dec 2021 (current) and the Petroleum and gas reserves reports are published in the new format for the calendar year 2020 and 2021 (current)

The reports released for data periods mentioned above have been updated to reflect the current reporting measure of units and data standards.

More information about these changes can be found here: Link

Historical data (pre-30 June 2016 Production and Pre 2020 Reserves) can be found here: Link

View monthly updates and historical trends for World Crude Oil Production. Source: Energy Information Administration. Track economic data with YCharts ana…

Crude Oil Production in Peru increased to 48 BBL/D/1K in July from 43 BBL/D/1K in June of 2025. This dataset provides - Peru Crude Oil Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Texas is by far the largest oil-producing state in the United States. In 2024, Texas produced a total of over two billion barrels. In a distant second place is New Mexico, which produced 744.6 million barrels in the same year. Virginia is the smallest producing state in the country, at three thousand barrels. Macro perspective of U.S. oil production The U.S. oil production totaled some 19.4 million barrels of oil per day, or a total annual oil production of 827 million metric tons in 2023. As the largest oil producer in the U.S., it is not surprising that Texas is home to the most productive U.S. oil basin, the Permian. The Permian has routinely accounted for at least 50 percent of total onshore production. Regional distribution of U.S. oil production A total of 32 of the 50 U.S. states produce oil. There are five regional divisions for oil production in the U.S., known as the Petroleum Administration for Defense Districts (PADD). These five regional divisions of the allocation of fuels derived from petroleum products were established in the U.S. during the Second World War and they are still used today for data collection purposes. In line with the fact that Texas is by far the largest U.S. oil producing state, PADD 3 (Gulf Coast) is also the largest oil producing PADD, as it also includes the federal offshore region in the Gulf of Mexico. There are around 590 operational oil and gas rigs in the country as of February 2025.

Context

This dataset offers comprehensive insights into oil production across 36 countries from 2021 to 2023. With columns detailing country names, types of production, product specifications, flow information, and corresponding production values, it serves as a valuable resource for analysts, researchers, and policymakers in the energy sector. Understanding global oil production trends is critical for making informed decisions regarding energy policies, investments, and sustainability efforts.

Content

Encompassing a wide array of data points, including country-specific production types, products, and production values over a thirteen-year period, this dataset facilitates detailed analyses of oil production dynamics. Researchers can delve into variations across countries, identify trends in production types and products, and explore the impact of geopolitical factors on oil production. By leveraging this dataset, stakeholders can gain actionable insights to optimize energy strategies, mitigate risks, and drive sustainable development in the oil sector.

Dataset Structure:

The dataset (oil_production_statistics.csv) comprises data from 2021 to 2023 and consists of the following columns:

Acknowledgment

The primary dataset was sourced from IEA (2024) Monthly Oil Statistics, IEA, Paris, and I extend my sincere gratitude to the team for providing the core data used in this dataset.

© Image credit: Freepik

This data set has estimated Canadian monthly production data by province. The Canada Energy Regulator estimates production based on provincial data. The estimated production is also available at this page: https://www.cer-rec.gc.ca/en/data-analysis/energy-commodities/crude-oil-petroleum-products/statistics/estimated-production-canadian-crude-oil-equivalent.html.

Since the 1960s, the Middle East has been the global region that has produced the largest quantity of crude oil in most years, followed by North America, and then the Commonwealth of Independent States (most of the former-USSR). In the figures for annual output, there are notable fluctuations in output that coincide with major regional events, such as the Iranian Revolution in 1979, Soviet dissolution in 1991, or the boom in onshore shale oil drilling in the U.S. since 2010.

Petroleum production and reserves data has been compiled from company reports since 31 December 2004.

Production and reserves statistics for coal seam gas, condensate, crude oil, liquefied petroleum gas and natural gas.
**Historical data (pre-30 June 2016 Production and Pre 2020 Reserves) **

The United States is the world's largest crude oil producer. In 2024, it had an output of 20.1 million barrels worth of oil per day. This was nearly 13 million barrels more than in 2010 and largely a result of advances in unconventional tight oil production. Saudi Arabia and Russia ranked second and third, at around 10.9 and 10.8 million barrels daily respectively. Oil production includes crude oil, shale oil, oil sands, and natural gas liquids. Distribution of U.S. oil production The U.S. is divided into five regional divisions for oil production, known as Petroleum Administration for Defense District’s (PADD), which were created during World War II. The main goal was to organize the allocation of fuels from petroleum products and for data collection purposes these regions are still currently used. Out of all PADD's, PADD 3, including the Gulf Coast states, has recorded by far the largest daily crude oil production, at some 7.9 million barrels in 2021. By comparison, PADD 1 (East Coast) production volumes were 74 thousand barrels per day. The importance of PADD 3 to the country’s overall oil output is hardly surprising as Texas is by far the state with the largest crude oil production. U.S. natural gas production Besides being the world's largest oil producer, the U.S. is also the world’s largest natural gas producer. It produced over one trillion cubic meters in 2024, despite ranking fifth in terms of proved natural gas reserves .

In 2024, global crude oil production amounted to approximately ************ metric tons. This was the largest amount that had ever been produced, and nearly *********** metric tons more than oil produced in 1998. Which countries extract the most oil? The United States is the largest oil producing country in the world. Profiting off advances in horizontal drilling and shale extraction, the U.S. has succeeded OPEC-affiliated countries, such as Saudi Arabia, in becoming the world's greatest supplier of crude oil. Oil production in the United States The U.S. has been producing oil since 1850s. U.S. oil production initially decreased until 2008 but has been steadily increasing since. Texas is by far the U.S. state that produces the most crude oil. It is home to the Permian Basin and Eagle Ford shale play, two of the most important petroleum-rich locations in the country. The U.S. also operates numerous rigs located offshore in the Gulf of Mexico, which contribute significantly to overall oil and gas production.

Estimated monthly production derived from state administrative data. Data are back to January 2000.