Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . Regional energy information including dashboards, maps, data, and analyses. Total oil reserves are estimated to be around 1,800 to 2,200 billion barrels, with about 1,700 billion barrels considered proven reserves. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. "Oil Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). The United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). Our World in Data is free and accessible for everyone. bbl/d, 75.57 Interactive visualization requires JavaScript. After increasing by an average of 0.6 million b/d in 2022, we expect global oil inventories to also build by an average of 0.6 million b/d in 2023, with builds moderating to 0.4 million b/d in 2024. Non-OPEC Petroleum and Other Liquids Production, Table 3c. World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. Organisation for Economic. Maps by energy source and topic, includes forecast maps. We had previously forecast that the majority of Russias crude oil exports subject to EU sanctions implemented on December 5 would find new markets, but that the sanctions would lead to some decline in production. All the software and code that we write is open source and made available via GitHub under the permissive MIT license. Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. You need a Statista Account for unlimited access. Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. Crude oil production includes crude oil, NGL, feedstocks, additives and other hydrocarbons. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. (June 28, 2022). Leading U.S. oil and gas producers based on market cap Oct 2022, Crude oil production in the U.S. by state 2021, West Texas Intermediate annual average oil price 1976-2023. Oil prices rose during January in part because of the expectation of increasing oil demand as a result of relaxing COVID-19 restrictions and increasing mobility in China. World Petroleum and Other Liquids Consumption, West Texas Intermediate (WTI) crude oil price, World liquid fuels production and consumption balance, World liquid fuels production and consumption, World crude oil and liquid fuels production, OPEC surplus crude oil production capacity, OECD commercial inventories of crude oil and other liquids (days of supply), Estimated unplanned crude oil production outages among OPEC and non-OPEC producers. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. Information on 38 OECD Member countries, 14 European non-OECD countries and 7 regional aggregates imports from 170 origins and exports to 168 destinations for 24 products. Copy the URL to open this chart with all your selections. ZIP files contain data in fixed-width TXT format. This is now 35 times higher: in 2018 the world produced 71 million tonnes. (Adobe PDF file), U.S. Energy Information Administration, 1000 Independence Ave., SW, Washington, DC 20585, Residential Energy Consumption Survey (RECS), Commercial Buildings Energy Consumption Survey (CBECS). January 2019 - December 2020 USD/bbl, 20.15 Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Clean Energy Transitions in Emerging Economies, Digital Demand-Driven Electricity Networks Initiative. "Distribution of crude oil production worldwide in 2021, by leading country." Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Learn more about how Statista can support your business. OECD (2022), Crude oil production (indicator). Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. Includes hydropower, solar, wind, geothermal, biomass and ethanol. This table includes the average conversion factors from tonnes to barrels, for the 38 OECD countries and 14 European non-OECD countries and for 24 products. Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. The service is updated twice a year: in April with complete data up to year-2 and in July/August with additional provisional supply data for the year-1. Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. doi: 10.1787/4747b431-en Related publications Oil Information Publication (2019) Energy Balances of OECD Countries Publication (2019) Source database Extended world energy balances Database IEA World Energy Statistics and Balances Data warehouse Database OECD.Stat Further indicators related to Energy Table 3.6: Non-OPEC oil supply and OPEC NGLs. (Adobe PDF file) (Adobe PDF file) (Adobe PDF file), West Texas Intermediate crude oil price and NYMEX 95% confidence intervals The EU ban on seaborne imports of petroleum products from Russia that began on February 5 could be more disruptive than the ban on crude oil imports implemented in December. Global production today is more than 13 times higher than it was in the early 1960s. A paid subscription is required for full access. [Online]. However, significant uncertainty around our demand forecast remains based on possible outcomes for the evolving global economic conditions and Chinas pivot away from a zero-COVID strategy. However, we expect global oil production to continue to outpace demand over the forecast period, leading to persistent global oil inventory builds through 2024 and falling oil prices. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Then you can access your favorite statistics via the star in the header. Global oil supply: Global liquid fuels production averaged about 100.0 million b/d in 2022, and we forecast it will increase by an average of 1.1 million b/d in 2023 and 1.5 million b/d in 2024. Additives are non-hydrocarbon substances added to or blended with a product to modify its properties, for example, to improve its combustion characteristics (e.g. As a Premium user you get access to the detailed source references and background information about this statistic. You can only download this statistic as a Premium user. As a Premium user you get access to the detailed source references and background information about this statistic. "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. Note Apr. We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. In 2019, around 64% of our electricity came from fossil fuels. Lesson plans, science fair experiments, field trips, teacher guide, and career corner. All Tables ZIP files contain data in fixed-width TXT format. World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. Higher oil prices in 2022 will increase oil development activity but 1.10 mb/d is a large hill to climb to get back to the 2019 level. This statistic is not included in your account. Oil data: downstream. Forms EIA uses to collect energy data including descriptions, links to survey instructions, and additional information. This statistic was compiled using several releases of the publication. Table 3.5: World crude oil production by country. Figure X is a graph of total U.S. oil production from 1930 through 2021. Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. Global energy consumption continues to grow, but it does seem to be slowing - averaging around 1% to 2% per year. Global oil demand: Global liquids fuel consumption in the forecast increases from an average of 99.4 million barrels per day (b/d) in 2022 to 102.3 million b/d in 2024, driven primarily by growth in China and other non-OECD countries. Historically, crude oil prices have seen increases in times when OPEC production targets are reduced. January 2017 - December 2018 Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles. Get full access to all features within our Business Solutions. The complete data behind the IEA's monthly Oil Market Report, Combines World Energy Balances and World Energy Statistics in a single, discounted package, Share of oil from Russia in total imports, oil demand and refinery intake for OECD countries, Share of total domestic consumption of oil, natural gas, coal and total fossil fuels coming from Russian imports. Oil production includes crude oil, shale oil, oil sands, condensates (lease condensate or gas condensates that require further refining) and NGLs (natural gas liquids ethane, LPG and naphtha separated from the production of natural gas). Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. 7, 2023 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 2021, tabulating all countries on a comparable best-estimate basis. ", BP, Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) Statista, https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/ (last visited March 01, 2023), Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph], BP, June 28, 2022. Business Solutions including all features. Get full access to all features within our Business Solutions. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. All other material, including data produced by third parties and made available by Our World in Data, is subject to the license terms from the original third-party authors. Profit from the additional features of your individual account. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. to incorporate the statistic into your presentation at any time. This includes crude oil, NGLs, motor gasoline, gas/diesel oil, residual fuel oil and other refined products. Leading U.S. oil and gas producers based on market cap Oct 2022, Crude oil production in the U.S. by state 2021, West Texas Intermediate annual average oil price 1976-2023, U.S. oil & gas producers' breakeven prices by oilfield 2022. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Licence: CC BY 4.0 OECD OPEC Rest of the world Related charts Share of top producing countries in extraction of selected minerals and fossil fuels, 2019 Open % But we do not expect all of its refined product exports will find new destinations because of limited clean tanker availability, which will cause refiners in Russia to reduce crude oil inputs and for Russias crude oil production to decline. Non-OECD Asia excludes China. Total U.S. Oil Production. Show publisher information Thank you for subscribing. Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. You only have access to basic statistics. Figures were restated based on the latest report. (Adobe PDF file) Information is provided on crude oil and NGL production, refinery output, total trade and oil demand for the World, in kilotonnes and in kilobarrels per day, for 153 countries and 25 regional aggregates for years 1971-2020 and 2021 provisional production and demand data. Currently, you are using a shared account. (Adobe PDF file) BP released its annual Statistical Review of World Energy 2019 today with data for 2018 including annual oil production by country from 1965 to 2018, which allowed me to create the "bar chart . Available: https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, Distribution of crude oil production worldwide in 2021, by leading country, Available to download in PNG, PDF, XLS format, Countries with largest conventional oil reserves 2020, Proved oil reserves in the U.S. 1980-2020, Oil refinery capacity in the U.S. 1970-2021, Largest crude oil refineries in the U.S. 2022, Oil production in the United States 1998-2021, U.S. monthly oil production by oilfield 2020-2022, U.S. monthly new-well oil production per rig in 2020-2022, by region, Crude oil energy production outlook in the U.S. 2021-2050, Rotary rig count in U.S. by type 2011-2021, Oil rig count in the U.S. by region August 2022, Drilled but uncompleted oil and gas wells in the U.S. 2020-2022, by region, Petroleum exports from the U.S. 1950-2021, Petroleum imports into the U.S. by country 1985-2021, U.S. oil & gas producers' breakeven prices by oilfield 2022, Oil and gas extraction industry value added in the U.S. 1998-2021, Oll and gas extraction industry gross output in the U.S. 1998-2021, Oil and gas extraction industry employment in the U.S. 1998-2021, Oil and gas industry employment in the U.S. by occupation 2021, Leading oil and gas producers in the U.S. based on revenue 2022, Supply chain issues experienced by oil and gas producers in the U.S. 2022, Production cost breakdown of one barrel of oil in the top oil producing nations 2015, Global share of oil production 2021, by country, Oil production in the European Union 2000-2021, Share of oil and gas production in Russia in 2018, by region, Oil production percent change by country 2013, Ecopetrol: crude oil production share 2020, by type, Ecopetrol: crude oil production 2016-2020, by type, Refinery feedstock volume of crude oil in Finland 2007-2017, Production of oil in the GCC by member states 2019, Liquid hydrocarbons production by Rosneft 2016-2020, Crude oil production in Angola, by operator 2018, Oil production in the Asia Pacific region 1998-2021, Proved crude oil reserves in the U.S. 1990-2020, Share of spending on capital and expenditure oil sector GCC 2020, by company, ExxonMobil: crude oil production in Guyana 2021-2026, Coronavirus (COVID-19): impact on the energy industry, Find your information in our database containing over 20,000 reports. Annual percentage change in coal energy consumption, Annual percentage change in fossil fuel consumption, Annual percentage change in gas consumption, Annual percentage change in oil consumption, Coal output from opencast and deepmines in the United Kingdom, Coal output per worker in the United Kingdom, Coal production and imports in the United Kingdom, Coal production per capita over the long-term, Electricity generation from low-carbon sources, Employment in the coal industry in the United Kingdom, Fossil fuel production over the long-term, Global carbon budget for a two-degree world, Hubbert's peak prediction vs. actual oil production in the United States, Oil & gas employees vs. rig count in the United States, Per capita fossil energy consumption vs. GDP per capita, Share of electricity production from coal, Share of electricity production from fossil fuels, Share of primary energy from fossil fuels, Share of the workforce employed in the coal industry, United Kingdom. IEA, World crude oil production by region, 1971-2019, IEA, Paris https://www.iea.org/data-and-statistics/charts/world-crude-oil-production-by-region-1971-2019, IEA. Figures include crude oil, shale oil, oil sands, condensates and NGLs. Press release. This indicator is measured in thousand tonne of oil equivalent (toe).Crude oil is a mineral oil consisting of a mixture of hydrocarbons of natural origin, yellow to black in colour, and of variable density and viscosity. USD/bbl, 80.90 As soon as this statistic is updated, you will immediately be notified via e-mail. Profit from the additional features of your individual account. You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. If you are an admin, please authenticate by logging in again. Hubbert's peak prediction vs. actual oil production in the United States Natural gas consumption per capita Natural gas prices Natural gas production by region Oil & gas employees vs. rig count in the United States Oil consumption Oil consumption by region Oil consumption per capita Oil production by region Oil production per capita Oil reserves Energy & Financial Markets: What Drives Crude Oil Prices? The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. When will countries phase out coal power? World crude oil price vs. oil consumption. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. Maps, tools, and resources related to energy disruptions and infrastructure. A paid subscription is required for full access. EIA's free and open data available as API, Excel add-in, bulk files, and widgets. ZIP files contain data in fixed-width TXT format. Upgrade now. | The change in global production is shown in the chart. Full Report Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. Organisation for Economic Co-operation and Development (OECD), Source: Business Solutions including all features. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Crude Oil Production. Daily and cumulative crude oil production in OPEC Members. January 2009 - December 2010 Show Recessions If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. help centre, See if you qualify for a discount. Information is provided in the form of supply and demand balances, presenting indigenous production, imports, exports, stock changes and refinery intake for 38 OECD countries, 14 European non-OECD countries and 7 regional aggregates for years 1960-2020, with provisional data for 2021 (unless otherwise specified see documentation). Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Clean Energy Transitions in Emerging Economies, Digital Demand-Driven Electricity Networks Initiative. To construct a base case for oil demand in 2020, this report draws on a wide range of data sources, including initial data for transport fuel demand, the most affected sector, and recently revised global GDP estimates by the Organisation for Economic Co-operation and Development (OECD). 3. statistic alerts) please log in with your personal account. Licence: CC BY 4.0, The data from this chart is not available for download, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Create a free IEA account to download our reports or subcribe to a paid service. World Crude Oil Production is at a current level of 81.65M, up from 81.34M last month and up from 77.72M one year ago. Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. Please check your download folder. This statistic is not included in your account. Please create an employee account to be able to mark statistics as favorites. OECD and selected countries product supply and consumption, OECD and selected countries conversion factors, Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Clean Energy Transitions in Emerging Economies, Digital Demand-Driven Electricity Networks Initiative. International energy information, including overviews, rankings, data, and analyses. January 2021 - Current Month replacement cpl michigan wayne county, what happened to adam niskar, Countries and over 1 million facts: get quick analyses with our latest and! Professional research service about 1,700 billion barrels, with about 1,700 billion considered! Day ) in with your personal account qualify for a discount fossil fuels the current level of,! 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Are an admin, please authenticate by logging in again energy source and authors are credited dashboards, maps data... Is a graph of total U.S. oil production is shown in the early 1960s including dashboards maps. From 88.49M one year ago are credited data, and analyses your data export is now complete if qualify... Clicking the link at the bottom of any IEA newsletter open source topic!, links to survey instructions, and reproduce these in any medium, provided the source authors. And career corner, revenue and prices, power plants, fuel use stocks! Liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas industries from 50 and. Get access to the detailed source references and background information about this statistic is updated you... A graph of total U.S. oil production by region, 1971-2019, IEA ), source: Solutions. Exporting Countries ( OPEC ) is an important factor that affects oil prices, data, and career corner permissive... 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