The total natural gas production of Europe in 2022 was 6,327.51bcf an increase of 14.71% when compared to 2021. The largest gas producing countries in Europe are Norway, United Kingdom, Netherlands. Through to 2030, annual gas production is forecasted to decrease by a CAGR of 3.9% to reach 4,442.21bcf. GlobalData uses proprietary data and analytics to provide a complete picture of the global oil & gas fields segment. Buy the latest oil & gas fields profiles here.
Here are the 10 largest upcoming natural gas fields by reserves in Europe, according to GlobalData’s Oil & Gas, Upstream Fields Database.
1. Aphrodite
Aphrodite is located in Mediterranean Sea, Cyprus. This natural gas field is owned by Chevron (35.00%), Delek Group (30.00%), Shell (35.00%) and operated by Noble Energy. Production from this field is expected to begin in 2027 and is forecasted to peak in 2028, approximately at the rate of 800mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2045. The project is expected to have recoverable reserves 3,488bcf of natural gas. Buy the profile here.
2. Dvalin North
Dvalin North is located in Norwegian Sea, Norway. This natural gas field is owned by BASF (36.85%), LetterOne Holdings (18.15%), Petoro (35.00%), Sval Energi (10.00%) and operated by Wintershall Dea Norge. Production from this field is expected to begin in 2026 and is forecasted to peak in 2029, approximately at the rate of 390.7mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2065. The project is expected to have recoverable reserves 1,124bcf of natural gas. Buy the profile here.
3. Domino
Domino is located in Black Sea, Romania. This natural gas field is owned by OMV (50.00%), SNGN Romgaz (50.00%) and operated by OMV Petrom. Production from this field is expected to begin in 2025 and is forecasted to peak in 2027, approximately at the rate of 628.04mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2037. The project is expected to have recoverable reserves 1,835bcf of natural gas. Buy the profile here.
4. Berling
Berling is located in Norwegian Sea, Norway. This natural gas field is owned by DNO (20.00%), Equinor (40.00%), OMV (30.00%), Sval Energi (10.00%) and operated by OMV (Norge). Production from this field is expected to begin in 2028 and is forecasted to peak in 2030, approximately at the rate of 240mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2119. The project is expected to have recoverable reserves 1,594bcf of natural gas. Buy the profile here.
5. Glengorm
Glengorm is located in North Sea, United Kingdom. This natural gas field is owned by China National Offshore Oil (50.00%), Energean (25.00%), TotalEnergies (25.00%) and operated by CNOOC Petroleum Europe. Production from this field is expected to begin in 2025 and is forecasted to peak in 2029, approximately at the rate of 313.83mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2054. The project is expected to have recoverable reserves 1,228bcf of natural gas. Buy the profile here.
6. Neptun Gas Field
Neptun Gas Field is located in Black Sea, Romania. This natural gas field is owned by OMV (50.00%), SNGN Romgaz (50.00%) and operated by OMV. Production from this field is expected to begin in 2027 and is forecasted to peak in 2029, approximately at the rate of 419.72mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2066. The project is expected to have recoverable reserves 1,215bcf of natural gas. Buy the profile here.
7. Peon
Peon is located in North Sea, Norway. This natural gas field is owned by Equinor (60.00%), Idemitsu Kosan Co (9.90%), Inpex (10.10%), Petoro (20.00%) and operated by Equinor Energy. Production from this field is expected to begin in 2026 and is forecasted to peak in 2027, approximately at the rate of 282.52mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2066. The project is expected to have recoverable reserves 742bcf of natural gas. Buy the profile here.
8. Irpa
Irpa is located in Norwegian Sea, Norway. This natural gas field is owned by BASF (12.73%), Equinor (51.00%), LetterOne Holdings (6.27%), Petoro (20.00%), Shell (10.00%) and operated by Equinor Energy. Production from this field is expected to begin in 2026 and is forecasted to peak in 2027, approximately at the rate of 189.47mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2049. The project is expected to have recoverable reserves 730bcf of natural gas. Buy the profile here.
9. Fenris
Fenris is located in North Sea, Norway. This natural gas field is owned by Aker BP (77.80%), Polskie Gornictwo Naftowe i Gazownictwo (22.20%) and operated by Aker BP. Production from this field is expected to begin in 2027 and is forecasted to peak in 2029, approximately at the rate of 108.88mmcfd of natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2077. The project is expected to have recoverable reserves 381bcf of natural gas. Buy the profile here.
10. Lavrans
Lavrans is located in Norwegian Sea, Norway. This natural gas field is owned by Eni (10.44%), Equinor (52.00%), HitecVision (4.56%), Petoro (27.00%), TotalEnergies (6.00%) and operated by Equinor Energy. Production from this field is expected to begin in 2024 and is forecasted to peak in 2025, approximately at the rate of 171.44mmcfd 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 446bcf of natural gas. Buy the profile here.
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