The total oil and gas production of Asia in 2022 was 14.81mmboed, an increase of 0.88% when compared to 2021. The largest oil and gas producing countries are China, Indonesia and Malaysia. Through to 2030, annual oil and gas production is forecast to decrease by a CAGR of 4.43% to reach 9.853mmboed. 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.
In 2022, China had the highest oil and gas production at 7.36mmboed, followed by Indonesia at 1.71mmboed and Malaysia at 1.53mmboed. Here are the 10 largest oil and gas producing fields in Asia by production in 2022, according to GlobalData’s Oil & Gas, Upstream Fields Database.
1. Changqing (PetroChina)
Changqing (PetroChina) is located in Shaanxi, China. This field is owned by China National Petroleum (100.00%) and operated by PetroChina Changqing Oilfield Co. The field produced 0.78mmboed in 2022 and recovered 31.19% of its total recoverable reserves, with peak production in 2040. The peak production will be approximately 0.525mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2066. The field currently accounts for approximately 5.27% of the total Asia daily crude oil and natural gas output and it is expected to recover 8,981.74mmboe of crude oil and natural gas. Buy the profile here.
2. Daqing (PetroChina)
D Daqing (PetroChina) is located in Heilongjiang, China. This field is owned by China National Petroleum (100.00%) and operated by Daqing Oilfield Co. The field produced 0.65mmboed in 2022 and recovered 87.23% of its total recoverable reserves, with peak production in 1994. The peak production was approximately 1.13mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2042. The field currently accounts for approximately 4.36% of the total Asia daily crude oil and natural gas output and it is expected to recover 2,722mmboe of crude oil and natural gas. Buy the profile here.
3. Tarim (PetroChina)
Tarim (PetroChina) is located in Xinjiang, China. This field is owned by China National Petroleum (100.00%) and operated by PetroChina Co. The field produced 0.64mmboed in 2022 and recovered 26.71% of its total recoverable reserves, with peak production in 2036. The peak production will be approximately 0.83mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2070. The field currently accounts for approximately 4.34% of the total Asia daily crude oil and natural gas output and it is expected to recover 9,004.29mmboe of crude oil and natural gas. Buy the profile here.
4. Sulige
Sulige is located in Inner Mongolia, China. This field is owned by China National Petroleum (100.00%) and operated by PetroChina Co. The field produced 0.47mmboed in 2022 and recovered 25.56% of its total recoverable reserves, with peak production in 2040. The peak production will be approximately 0.53mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2060. The field currently accounts for approximately 3.18% of the total Asia daily crude oil and natural gas output and it is expected to recover 5,299.35mmboe of crude oil and natural gas. Buy the profile here.
5. Shengli
Shengli is located in Shandong, China. This field is owned by ACEN (8.57%), China Petrochemical (65.70%), Frontier Oil (25.72%) and operated by Sinopec Shengli Oilfield Co. The field produced 0.47mmboed in 2022 and recovered 60.51% of its total recoverable reserves, with peak production in 1996. The peak production was approximately 0.58mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2062. The field currently accounts for approximately 3.16% of the total Asia daily crude oil and natural gas output and it is expected to recover 3,379.28mmboe of crude oil and natural gas. Buy the profile here.
6. Xinjiang (PetroChina)
Xinjiang (PetroChina) is located in Xinjiang, China. This field is owned by China National Petroleum (100.00%) and operated by PetroChina Co. The field produced 0.35mmboed in 2022 and recovered 56.07% of its total recoverable reserves, with peak production in 2026. The peak production will be approximately 0.32mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2057. The field currently accounts for approximately 2.34% of the total Asia daily crude oil and natural gas output and it is expected to recover 1,767.03mmboe of crude oil and natural gas. Buy the profile here.
7. Mumbai High
Mumbai High is located in Arabian Sea, India. This field is owned by Oil and Natural Gas Corp (100.00%) and operated by Oil and Natural Gas Corp. The field produced 0.32mmboed in 2022 and recovered 80.84% of its total recoverable reserves, with peak production in 1989. The peak production was approximately 0.4mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2037. The field currently accounts for approximately 2.16% of the total Asia daily crude oil and natural gas output and it is expected to recover 1,223.21mmboe of crude oil and natural gas. Buy the profile here.
8. Anyue
Anyue is located in Sichuan, China. This field is owned by China National Petroleum (100.00%) and operated by China National Petroleum. The field produced 0.24mmboed in 2022 and recovered 26.67% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 0.24mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2052. The field currently accounts for approximately 1.59% of the total Asia daily crude oil and natural gas output and it is expected to recover 1,323.7mmboe of crude oil and natural gas. Buy the profile here.
9. Liaohe
Liaohe is located in Liaoning, China. This field is owned by China National Petroleum (100.00%) and operated by PetroChina Co. The field produced 0.23mmboed in 2022 and recovered 59.81% of its total recoverable reserves, with peak production in 1995. The peak production was approximately 0.31mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2057. The field currently accounts for approximately 1.57% of the total Asia daily crude oil and natural gas output and it is expected to recover 1,632.8mmboe of crude oil and natural gas. Buy the profile here.
10. Yanchang
Yanchang is located in Shaanxi, China. This field is owned by Shaanxi Yanchang Petroleum (Group) Co (100.00%) and operated by Yanchang Oilfield Corp. The field produced 0.23mmboed in 2022 and recovered 45.58% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 0.26mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2060. The field currently accounts for approximately 1.55% of the total Asia daily crude oil and natural gas output and it is expected to recover 1,949.27mmboe of crude oil and natural gas. Buy the profile 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.
