Global oil and gas production increased by 5.66% during 2021-2022. The largest oil and gas producing countries are the US, Russia and Saudi Arabia. Through to 2030, annual global oil and gas production is forecast to increase by a CAGR of 0.08%. GlobalData uses proprietary data and analytics to provide a complete picture of the global oil & gas fields segment. Buy the latest oil & gas field profiles here.
In 2022, the US had the highest oil and gas production, followed by Russia and Saudi Arabia. Here are the 10 largest oil and gas producing fields by production globally in 2022, according to GlobalData’s oil & gas upstream fields database.
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1. Ghawar
Ghawar is located in Eastern Province, Middle East. This field is owned by Saudi Arabian Oil Co and operated by Saudi Arabian Oil Co. The field produced 3.46mmboed in 2022 and recovered 65.8% of its total recoverable reserves, with peak production in 1980. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2081. Buy the profile here.
2. Bovanenkovskoye
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Bovanenkovskoye is located in Yamalo-Nenets Autonomous Okrug, Former Soviet Union. This field is owned by Gazprom and operated by Gazprom Dobycha Nadym. The field produced 1.81mmboed in 2022 and recovered 22.1% of its total recoverable reserves, with peak production in 2021. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2099. Buy the profile here.
3. Zapolyarnoye
Zapolyarnoye is located in Yamalo-Nenets Autonomous Okrug, Former Soviet Union. This field is owned by Gazprom and operated by Gazprom Dobycha Yamburg. The field produced 1.7mmboed in 2022 and recovered 50.26% of its total recoverable reserves, with peak production in 2013. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2096. Buy the profile here.
4. Greater Burgan
Greater Burgan is located in Al Ahmadi, Middle East. This field is owned by Kuwait Petroleum Corp and operated by Kuwait Oil Co. The field produced 1.65mmboed in 2022 and recovered 78.07% of its total recoverable reserves, with peak production in 1972. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2041. Buy the profile here.
5. Rumaila
Rumaila is located in Al-Basrah, Middle East. This field is owned by BP Plc; China National Petroleum Corp; Ministry of Oil, Iraq; Rumaila Field Operating Organisation (ROO) and operated by Rumaila Field Operating Organisation (ROO). The field produced 1.42mmboed in 2022 and recovered 68.64% of its total recoverable reserves, with peak production in 1979. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2049. Buy the profile here.
6. Khurais Complex
Khurais Complex is located in Eastern Province, Middle East. This field is owned by Saudi Arabian Oil Co and operated by Saudi Arabian Oil Co. The field produced 1.42mmboed in 2022 and recovered 25.33% of its total recoverable reserves, with peak production in 2034. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2077. Buy the profile here.
7. Shaybah
Shaybah is located in Eastern Province, Middle East. This field is owned by Saudi Arabian Oil Co and operated by Saudi Arabian Oil Co. The field produced 1.21mmboed in 2022 and recovered 30.96% of its total recoverable reserves, with peak production in 2043. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2093. Buy the profile here.
8. Yamburgskoye
Yamburgskoye is located in Yamalo-Nenets Autonomous Okrug, Former Soviet Union. This field is owned by Gazprom and operated by Gazprom Dobycha Yamburg. The field produced 1.12mmboed in 2022 and recovered 79.9% of its total recoverable reserves, with peak production in 1992. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2058. Buy the profile here.
9. Safaniyah
Safaniyah is located in Arabian Gulf, Middle East. This field is owned by Saudi Arabian Oil Co and operated by Saudi Arabian Oil Co. The field produced 1mmboed in 2022 and recovered 56.23% of its total recoverable reserves, with peak production in 1981. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2052. Buy the profile here.
10. Block 6
Block 6 is located in Dhofar, Middle East. This field is owned by Government of Oman; PTT Public Co Ltd; Shell plc; TotalEnergies SE and operated by Petroleum Development Oman LLC. The field produced 0.89mmboed in 2022 and recovered 72.22% of its total recoverable reserves, with peak production in 1997. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2055. Buy the profile here.
For more details on the upstream fields, buy the profiles here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
