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Venezuela

Venezuela produced 355.0 MMbbl of oil in 2025.

  • Fifth-largest oil-producing country in the Americas, 2025.
  • 3.5% of the oil produced in the Americas, 2025.
  • Oil production rose 12% in 2025 from 2024.

Production

Oil production (MMbbl/d, annual average)Latest: 0.97, 2025
Oil production: million barrels per day, annual average 2 4 MMbbl/d 19801990200020102020 1973: 3.37 MMbbl/d 1974: 2.98 MMbbl/d 1975: 2.35 MMbbl/d 1976: 2.29 MMbbl/d 1977: 2.24 MMbbl/d 1978: 2.16 MMbbl/d 1979: 2.36 MMbbl/d 1980: 2.17 MMbbl/d 1981: 2.1 MMbbl/d 1982: 1.89 MMbbl/d 1983: 1.8 MMbbl/d 1984: 1.71 MMbbl/d 1985: 1.68 MMbbl/d 1986: 1.79 MMbbl/d 1987: 1.75 MMbbl/d 1988: 1.9 MMbbl/d 1989: 1.91 MMbbl/d 1990: 2.14 MMbbl/d 1991: 2.38 MMbbl/d 1992: 2.33 MMbbl/d 1993: 2.31 MMbbl/d 1994: 2.44 MMbbl/d 1995: 2.75 MMbbl/d 1996: 2.94 MMbbl/d 1997: 3.18 MMbbl/d 1998: 3.12 MMbbl/d 1999: 2.78 MMbbl/d 2000: 2.89 MMbbl/d 2001: 2.81 MMbbl/d 2002: 2.44 MMbbl/d 2003: 2.3 MMbbl/d 2004: 2.56 MMbbl/d 2005: 2.84 MMbbl/d 2006: 2.79 MMbbl/d 2007: 2.82 MMbbl/d 2008: 2.51 MMbbl/d 2009: 2.52 MMbbl/d 2010: 2.41 MMbbl/d 2011: 2.5 MMbbl/d 2012: 2.5 MMbbl/d 2013: 2.5 MMbbl/d 2014: 2.5 MMbbl/d 2015: 2.49 MMbbl/d 2016: 2.25 MMbbl/d 2017: 2 MMbbl/d 2018: 1.49 MMbbl/d 2019: 0.88 MMbbl/d 2020: 0.53 MMbbl/d 2021: 0.59 MMbbl/d 2022: 0.72 MMbbl/d 2023: 0.77 MMbbl/d 2024: 0.86 MMbbl/d 2025: 0.97 MMbbl/d

Interactive chart. Focus it and use the left and right arrow keys to read each period, Page Up and Page Down for bigger steps, Home and End for the ends of the series. The full figures are also in the table on this page.

All from what the source published. 0.00% held at well grain.

How the volume breaks down
  • 100% Reported by the official source as a lease, facility, field or state total. Published without per-well detail.

Every barrel here starts from what the official source published for the months measured. Measured over January 1973 to April 2026.

Gas figures for Venezuela stopped arriving after December 2024. The charts hold every month of its gas back until the feed is repaired. Its oil keeps arriving and stays in view.

This country is reported at national grain, so the chart draws the total as one series.

About this chart

Splitting it into bands by the year each well started takes volumes at well grain.

Annual table (full history)

best estimate incl. unsplit totals

YearOil (MMbbl)Gas produced (Bcf)
2025355.0
2024316.0
2023281.2
2022264.1
2021217.1
2020192.9
2019320.3
2018542.3
2017729.1
2016825.1
2015908.7
2014912.5
2013912.5
2012915.0
2011912.5
2010879.7
2009919.8
2008918.7
20071,029.2
20061,016.5
20051,036.4
2004938.4
2003840.8
2002888.9
20011,024.5
20001,059.1
19991,016.5
19981,138.6
19971,161.6
19961,075.2
19951,004.6
1994891.7
1993841.3
1992854.2
1991866.9
1990779.9
1989696.0
1988696.5
1987639.5
1986652.3
1985612.2
1984627.4
1983657.3
1982691.6
1981767.2
1980793.6
1979859.9
1978790.2
1977816.9
1976839.7
1975856.2
19741,086.3
19731,228.6

— means no figure is published for that period.

Source: CommoVision (commovision.com)

Monthly table (last 24 months)
MonthOil (Mbbl)Gas produced (MMcf)
2026-0433,000.0
2026-0332,860.0
2026-0227,440.0
2026-0125,730.0
2025-1229,605.0
2025-1130,150.0
2025-1031,155.0
2025-0930,000.0
2025-0830,845.0
2025-0730,380.0
2025-0629,400.0
2025-0530,070.0
2025-0428,800.0
2025-0329,450.0
2025-0226,320.0
2025-0128,830.0
2024-1227,590.0
2024-1125,500.0
2024-1028,210.0
2024-0927,000.0
2024-0827,590.0
2024-0726,970.0
2024-0625,800.0
2024-0526,970.0

— means no figure is published for that period.

Source: CommoVision (commovision.com)

Source: CommoVision · Venezuela, data through April 2026.

1.1 MMbbl/d Apr 2026 oil production +14.6% vs Apr last year best estimate incl. unsplit totals
0.97 MMbbl/d 2025 oil production best estimate incl. unsplit totals
3.5 % Share of Americas oil (2025)

What each region has actually reported

Venezuela: every reporting region we publish, largest first. What it has reported and how far it is complete. Rates are for each region's newest complete month, so they are comparable across regions even though the months differ.

RegionOil (Mbbl/d)Gas produced (MMcf/d)Complete throughNewest month reported
Venezuela 1,100.02026-042026-04

What we cover here

Each row names the grain a region’s production is held at. Where a source publishes at a coarser grain, the page says so.

DataGrainSinceBenchmark
Venezuela production national total 1973-01

Coverage rows for Venezuela are regenerated at every build from the same catalog of sources the data is built from.

What the data shows

  • Venezuela produced 355.0 MMbbl of oil in 2025.
  • Venezuela oil production peaked in 1973 at 1.23 Bbbl; 2025 output of 355.0 MMbbl ran at 29% of that peak.
  • Venezuela production is reported as national monthly totals, not well by well. Country-level output is the grain its figures are published at.

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