List of countries by 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 2022, 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 the table do not include biofuel. They also do not include the increase in liquid volumes during oil refining ("refinery gain"), or liquids separated from natural gas in gas processing plants (natural gas liquids).[1]
Under this definition, total world oil production in 2022 averaged 80,618,895 barrels per day. Approximately 69% came from the top ten countries, and an overlapping 38% came from the thirteen current OPEC members, in the table below. Members of OPEC+, which includes current OPEC members produce 58% of the world's petroleum.
In recent history, the top three producers have been the United States, Russia, and Saudi Arabia. Each of these countries experienced major production declines at different times in the past, but since 2014 all three have been producing near their peak rates of 9 to 11 million barrels per day.[2] Saudi Arabia and Russia also top the list of oil exporting countries.[3] The monthly U.S. oil production reached 12.86 million b/d in November 2019, the highest monthly level of crude oil production in U.S. history.[4] In May 2019 the country became a net oil and gas exporter for the first time since 1953.[5][6]
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See also
References
- "Annual petroleum and other liquids production". U.S. Energy Information Administration. Retrieved 15 April 2022.
{{cite web}}: CS1 maint: url-status (link) - "Monthly Energy Review" (PDF). U.S. Energy Information Administration. 25 May 2017. Figure 11.1a. Retrieved 28 May 2017.
- "OPEC+ not to increase oil production in April". International Insider. 5 March 2021. Retrieved 6 March 2021.
- "U.S. Crude oil production grew 11% in 2019, surpassing 12 million barrels per day".
- The US will be a net energy exporter by 2022, four years sooner than expected, Energy Department says CNBC, 7 February 2018.
- "Total Population - Both Sexes". World Population Prospects, the 2017 Revision. United Nations Department of Economic and Social Affairs, Population Division, Population Estimates and Projections Section. June 2017. Archived from the original on 30 July 2017. Retrieved 22 June 2017.