The total Oil & Gas production of Asia increased by 0.80% in 2023 when compared with 2022. The largest oil-producing countries in Asia are China, India and Indonesia. Through to 2030, annual crude oil and condensate production production is forecasted to decrease by a CAGR of 2.81%. GlobalData uses proprietary data and analytics to provide a complete picture of the total Asia oil & gas fields segment. Buy the oil and gas fields profiles here.
Here are the 10 largest upcoming crude oil fields by reserves in Asia, according to GlobalData’s Oil & Gas, Upstream Fields Database.
Smarter leaders trust GlobalData
1. Salam-Patawali
Salam-Patawali is located in Sarawak, Malaysia. This crude oil field is owned by ConocoPhillips (50.00%); Petroliam Nasional (50.00%) and operated by ConocoPhillips. Production from this field is expected to begin in 2026 and is forecasted to peak in 2028, approximately at the rate of 0.04mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2071. Buy the profile here.
2. Kaza
Kaza is located in Andhra Pradesh, India. This crude oil field is owned by Vedanta Resources (100.00%) and operated by Vedanta. Production from this field is expected to begin in 2025 and is forecasted to peak in 2027, approximately at the rate of 0.03mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2058.
3. Hidayah
Hidayah is located in Java Sea, Indonesia. This crude oil field is owned by Petroliam Nasional (100.00%) and operated by PC North Madura II. Production from this field is expected to begin in 2027 and is forecasted to peak in 2033, approximately at the rate of 0.03mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2059. Buy the profile here.
4. Kenli 10-2
Kenli 10-2 is located in Bohai Bay, China. This crude oil field is owned by China National Offshore Oil (100.00%) and operated by CNOOC. Production from this field is expected to begin in 2026 and is forecasted to peak in 2028, approximately at the rate of 0.07mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2036.
5. 15/33
15/33 is located in South China Sea, China. This crude oil field is owned by Cenovus Energy Inc (49.00%); China National Offshore Oil Corp (51.00%) and operated by China National Offshore Oil Corp. Production from this field is expected to begin in 2025 and is forecasted to peak in 2027, approximately at the rate of 0.02mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2070.
6. Lac Da Vang
Lac Da Vang is located in South China Sea, Vietnam. This crude oil field is owned by Murphy Oil Corp (40.00%); SK Innovation Co Ltd (25.00%); Vietnam National Oil and Gas Group (35.00%) and operated by Murphy Cuu Long Bac Oil Co Ltd. Production from this field is expected to begin in 2026 and is forecasted to peak in 2028, approximately at the rate of 0.03mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2043. Buy the profile here.
7. Qinhuangdao 29-2/29-2E
Qinhuangdao 29-2/29-2E is located in Bohai Bay, China. This crude oil field is owned by China National Offshore Oil Corp (100.00) and operated by CNOOC Ltd. Production from this field is expected to begin in 2025 and is forecasted to peak in 2027, approximately at the rate of 0.01mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2066.
8. D-31
D-31 is located in Arabian Sea, India. This crude oil field is owned by Antelopus Energy Pvt Ltd (100.00%) and operated by Arch Softwares Pvt Ltd. Production from this field is expected to begin in 2025 and is forecasted to peak in 2026, approximately at the rate of 0.02mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2051. . Buy the profile here.
9. Bozhong 8-4
Bozhong 8-4 is located in Bohai Bay, China. This crude oil field is owned by China National Offshore Oil Corp (100.00) and operated by CNOOC Ltd. Production from this field is expected to begin in 2025 and is forecasted to peak in 2027, approximately at the rate of 0.02mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2067..
10. Lufeng 7-1
Lufeng 7-1 is located in East China Sea, China. This crude oil field is owned by China National Offshore Oil (100.00%) and operated by CNOOC. Production from this field is expected to begin in 2025 and is forecasted to peak in 2027, approximately at the rate of 0.01mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2073. Buy the profile here.
For more details on the upstream fields, buy the profiles here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
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.
