Global natural gas production was 1,30,837bcf in 2022, an increase of 5.7% in 2021. The largest gas-producing countries are the US, Russia, and Iran. Through 2030, annual global gas production is forecasted to increase by a CAGR of 0.71% to reach 1,39,446bcf. 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.
Here are the 10 largest upcoming natural gas fields by reserves globally, according to GlobalData’s Upstream Fields database.
1. North Field East
North Field East is located in Arabian Gulf, Qatar. This natural gas field is owned by ConocoPhillips (3.13%), Eni (3.12%), Exxon Mobil (6.25%), QatarEnergy (75.00%), Shell (6.25%), TotalEnergies (6.25%), and operated by QatarEnergy. Production from this field is expected to begin in 2026 and is forecasted to peak in 2028 at approximately 4,200mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2072. The project is expected to have recoverable reserves of 43,086bcf of natural gas. Buy the profile here.
2. Prosperidade
Prosperidade is located in the Mozambique Channel, Mozambique. This natural gas field is owned by Bharat Petroleum Corp (10.00%), Empresa Nacional de Hidrocarbonetos (15.00%), Japan Oil, Gas and Metals National (9.94%), Mitsui & Co (10.06%), Oil and Natural Gas Corp (16.00%), Oil India (4.00%), PTT Public Co (8.50%), TotalEnergies (26.50%)and operated by Total E&P Mozambique Area 1. Production from this field is expected to begin in 2029 and is forecasted to peak in 2040 at approximately 4,001mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2096. The project is expected to have recoverable reserves of 41,487bcf of natural gas. Buy the profile here.
3. Kruzenshternskoye
Kruzenshternskoye is located in Yamalo-Nenets Autonomous Okrug, Russia. This natural gas field is owned by Gazprom (100.00%) and operated by Gazprom.” Production from this field is expected to begin in 2028 and is forecasted to peak in 2031 at approximately 3,122mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2116. The project is expected to have recoverable reserves of 35,996bcf of natural gas. Buy the profile here.
4. North Pars
North Pars is located in the Persian Gulf, Iran. This natural gas field is owned by National Iranian Oil Co (100.00%) and operated by Pars Oil and Gas Co. Production from this field is expected to begin in 2026 and is forecasted to peak in 2030 at approximately 3,530mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2059. The project is expected to have recoverable reserves of 33,172bcf of natural gas. Buy the profile here.
5. Shtokman (Shtokmanovskoye)
Shtokman (Shtokmanovskoye) is located in Barents Sea Shelf, Russia. This natural gas field is owned by Gazprom (100.00%) and operated by Gazprom. Production from this field is expected to begin in 2029 and is forecasted to peak in 2032 at approximately 2,174mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2106. The project is expected to have recoverable reserves of 21,668bcf of natural gas. Buy the profile here.
6. Kharasaveiskoye
Kharasaveiskoye is located in Yamalo-Nenets Autonomous Okrug, Russia. This natural gas field is owned by Gazprom (100.00%) and operated by Gazprom Dobycha Nadym. Production from this field is expected to begin in 2019 and is forecasted to peak in 2027 at approximately 2,798mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2102. The project is expected to have recoverable reserves of 21,446bcf of natural gas. Buy the profile here.
7. Salmanovskoye (Utrenneye)
Salmanovskoye (Utrenneye) is located in Yamalo-Nenets Autonomous Okrug, Russia. This natural gas field is owned by China National Offshore Oil (10.00%), China National Petroleum (10.00%), Japan Oil, Gas and Metals National (7.50%), Mitsui & Co (2.50%), Novatek (60.00%), TotalEnergies (10.00%), and operated by Arctic LNG 2. Production from this field is expected to begin in 2023 and is forecasted to peak in 2026 at approximately 2,778mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2068. The project is expected to have recoverable reserves of 21,343bcf of natural gas. Buy the profile here.
8. Sakhalin 3 (Kirinskoye South (Yuzhno-Kirinskoye))
Sakhalin 3 (Kirinskoye South (Yuzhno-Kirinskoye)) is located in Okhotsk Sea Shelf, Russia. This natural gas field is owned by Gazprom (100.00%) and operated by Gazprom Dobycha Shelf Yuzhno-Sakhalinsk. Production from this field is expected to begin in 2023 and is forecasted to peak in 2036 at approximately 2,006mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2070. The project is expected to have recoverable reserves of 20,252bcf of natural gas. Buy the profile here.
9. Mamba Complex
Mamba Complex is located in the Mozambique Channel, Mozambique. This natural gas field is owned by China National Petroleum (20.00%), Empresa Nacional de Hidrocarbonetos (10.00%), Eni (25.00%), Exxon Mobil (25.00%), Galp Energia SGPS (10.00%), Korea Gas (10.00%), and operated by Mozambique Rovuma Venture. Production from this field is expected to begin in 2028 and is forecasted to peak in 2029 at approximately 2,332mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2057. The project is expected to have recoverable reserves of 19,677bcf of natural gas. Buy the profile here.
10. Geofizicheskoye
Geofizicheskoye is located in Yamalo-Nenets Autonomous Okrug, Russia. This natural gas field is owned by Novatek (100.00%) and operated by Arctic LNG 1. Production from this field is expected to begin in 2027 and is forecasted to peak in 2030 at approximately 2,603mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2069. The project is expected to have recoverable reserves of 19,384bcf of natural gas. Buy the profile here.
For more details on the upstream fields, buy the profiles here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
