The total crude oil and condensate production of Middle East in 2022 increased by 7.10% when compared to 2021. The largest oil producing countries in Middle East are Saudi Arabia, Iraq, and the UAE. Through to 2030, annual crude oil and condensate production is forecasted to increase by a CAGR of 0.89%. 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 crude oil fields by reserves in Middle East, according to GlobalData’s Oil & Gas, Upstream Fields Database.

1. Eridu

Eridu is located in Al Muthanna, Iraq. This crude oil field is owned by Inpex, Lukoil Oil and operated by LUKOIL Overseas Iraq Exploration. Production from this field is expected to begin in 2025 and is forecasted to peak in 2028, approximately at the rate of 0.25mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2072. Buy the profile here.

2. Sepehr

Sepehr is located in Khuzestan, Iran. This crude oil field is owned by Pasargad Energy Development and operated by Pasargad Energy Development Co. Production from this field is expected to begin in 2023 and is forecasted to peak in 2025, approximately at the rate of 0.05mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2075. Buy the profile here.

3. Aqam

Aqam is located in Dubai, the UAE. This crude oil field is owned by Dubai Petroleum Establishment and operated by Dubai Petroleum Establishment. Production from this field is expected to begin in 2023 and is forecasted to peak in 2040, approximately at the rate of 0.08mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2046.

4. Belbazem Offshore Block

Belbazem Offshore Block is located in Abu Dhabi, the UAE. This crude oil field is owned by Abu Dhabi National Oil Co, China National Petroleum and operated by Al Yasat Petroleum Operations Company. Production from this field is expected to begin in 2023 and is forecasted to peak in 2024, approximately at the rate of 0.05mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2085. Buy the profile here.

5. Dammam Redevelopment

Dammam Redevelopment is located in Eastern Province, Saudi Arabia. This crude oil field is owned by Saudi Arabian Oil Co and operated by Saudi Arabian Oil Co. Production from this field is expected to begin in 2024 and is forecasted to peak in 2029, 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 2054. Buy the profile here.

6. Changuleh

Changuleh is located in Ilam, Iran. This crude oil field is owned by National Iranian Oil Co and operated by National Iranian Oil Co. Production from this field is expected to begin in 2026 and is forecasted to peak in 2035, approximately at the rate of 0.05mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2052. Buy the profile here.

7. Susangerd

Susangerd is located in Khuzestan, Iran. This crude oil field is owned by National Iranian Oil Co and operated by Arvandan Oil & Gas Co. Production from this field is expected to begin in 2023 and is forecasted to peak in 2025, 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. Buy the profile here.

8. Mond-Kaki-Bushganr

Mond-Kaki-Bushgan is located in Bushehr, Iran. This crude oil field is owned by National Iranian Oil Co and operated by Iranian Central Oil Fields Co. Production from this field is expected to begin in 2024 and is forecasted to peak in 2029, 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 2080.

9. Sohrab

Sohrab is located in Khuzestan, Iran. This crude oil field is owned by National Iranian Oil Co and operated by Arvandan Oil & Gas Co. Production from this field is expected to begin in 2023 and is forecasted to peak in 2029, 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 2055. Buy the profile here.

10. Yaser

Yaser is located in Abu Dhabi, the UAE. This crude oil field is owned by Abu Dhabi National Oil Co, China National Petroleum and operated by Al Yasat Petroleum Operations Company. Production from this field is expected to begin in 2023 and is forecasted to peak in 2033, 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 2066. Buy the profile here.

For more details on the upstream fields, buy the profiles here.

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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.