Australia currently produces a relatively modest amount of oil by global standards, on the order of a few hundred thousand barrels per day.

Quick Scoop: How much oil does Australia produce?

  • Recent estimates put Australia’s crude oil production at around 300–400 thousand barrels per day in 2024–2025, depending on the data source and month.
  • One dataset reports about 76.8 thousand ā€œbarrels per day (thousand)ā€ in 2024, which corresponds to roughly 76,800 barrels per day of crude oil; this series shows a clear long‑term decline since a peak around 2000.
  • Another statistical series focused on monthly production shows values in the low‑ to mid‑200‑thousand barrels per day range through 2025, with production having fallen significantly from highs above 700 thousand barrels per day in 2000.
  • A 2026 country ranking table lists Australia at about 365,000 barrels per day of daily oil production and roughly 15 million tonnes over the year 2024, which is consistent with a mid‑range, non‑OPEC producer rather than a major oil giant.

In practical terms, this means:

  • Australia is a net importer of oil products even though it has domestic production, because its output is small relative to its demand.
  • Production today is far below the peak levels around the year 2000, when Australian fields produced several times current volumes.

Simple take‑home answer

If you just want one ballpark figure for ā€œhow much oil does Australia produceā€ right now:

  • Think roughly 0.3–0.4 million barrels per day in recent years (mid‑2020s), with some variation by data source and month.

Information gathered from public forums or data available on the internet and portrayed here.