North America crude oil and condensate production was 16.20mmbpd in 2022, an increase of 5.57% in 2021. The US, Canada, and Mexico are the largest crude oil-producing countries. Through 2030, North America’s crude oil production is forecasted to decrease by a CAGR of 0.46% to reach 15.54mmbpd. 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 North America in 2022, according to GlobalData’s Oil & Gas, Upstream Fields Database.
1. Zama
Zama is located in the Gulf of Mexico, Mexico. This upcoming crude oil field is owned by BASF (13.29%), Harbour Energy (12.40%), LetterOne Holdings (6.55%), Petroleos Mexicanos (50.40%) and operated by PEMEX Exploracion y Produccion. Production from this field is expected to begin in 2024 and is forecasted to peak in 2026 at approximately 0.13mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2053. The project is expected to have recoverable reserves of 567.29mmbbl of crude oil and condensate. Buy the profile here.
2. Whale
Whale is located in Western Planning Area, the US. This upcoming crude oil field is owned by Chevron (40%), Shell (60%), and operated by Shell Offshore. Production from this field is expected to begin in 2024 and is forecasted to peak in 2026 at approximately 0.09mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2073. The project is expected to have recoverable reserves of 506.7mmbbl of crude oil and condensate. Buy the profile here.
3. Pikka Unit (Nanushuk)
Pikka Unit (Nanushuk) is located in Alaska, the US. This upcoming crude oil field is owned by Repsol (49%), Santos (51%), and operated by Oil Search (Alaska). Production from this field is expected to begin in 2026 and is forecasted to peak in 2030 at approximately 0.12mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2056. The project is expected to have recoverable reserves of 500.28mmbbl of crude oil and condensate. Buy the profile here.
4. Mad Dog Phase 2
Mad Dog Phase 2 is located in Central Planning Area, the US. This upcoming crude oil field is owned by BP (60.50%), Chevron (15.60%), Woodside Energy Group (23.90%), and operated by BP Exploration & Production. Production from this field is expected to begin in 2023 and is forecasted to peak in 2024 at approximately 0.12mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2041. The project is expected to have recoverable reserves of 424.05mmbbl of crude oil and condensate. Buy the profile here.
5. Anchor
Anchor is located in Central Planning Area, the US. This upcoming crude oil field is owned by Chevron (62.86%), TotalEnergies (37.14%), and operated by Chevron USA. Production from this field is expected to begin in 2024 and is forecasted to peak in 2027 at approximately 0.07mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2053. The project is expected to have recoverable reserves 415.64mmbbl of crude oil and condensate. Buy the profile here.
6. Trion
Trion is located in the Gulf of Mexico, Mexico. This upcoming crude oil field is owned by Petroleos Mexicanos (40%), Woodside Energy Group (60%), and operated by Woodside Energy (Mexico). Production from this field is expected to begin in 2028 and is forecasted to peak in 2029 at approximately 0.1mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2051. The project is expected to have recoverable reserves of 385.97mmbbl of crude oil and condensate. Buy the profile here.
7. Willow
Willow is located in Alaska, the US. This upcoming crude oil field is owned by ConocoPhillips (100%) and operated by ConocoPhillips Alaska. Production from this field is expected to begin in 2025 and is forecasted to peak in 2032 at approximately 0.07mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2056. The project is expected to have recoverable reserves of 371.3mmbbl of crude oil and condensate. Buy the profile here.
8. Gettysburg
Gettysburg is located in Central Planning Area, the US. This upcoming crude oil field is owned by Kosmos Energy (100%) and operated by Kosmos Energy Gulf of Mexico Operations. Production from this field is expected to begin in 2025 and is forecasted to peak in 2028 at approximately 0.04mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2088. The project is expected to have recoverable reserves of 251.12mmbbl of crude oil and condensate. Buy the profile here.
9. North Platte
North Platte is located in Central Planning Area, the US. This upcoming crude oil field is owned by Equinor (49%), Shell (51%), and operated by Shell Offshore. Production from this field is expected to begin in 2026 and is forecasted to peak in 2028 at approximately 0.07mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2048. The project is expected to have recoverable reserves of 243.21mmbbl of crude oil and condensate. Buy the profile here.
10. Ballymore
Ballymore is located in Central Planning Area, the US. This upcoming crude oil field is owned by Chevron (60%), TotalEnergies (40%), and operated by Chevron USA. Production from this field is expected to begin in 2025 and is forecasted to peak in 2028 at approximately 0.04mmbpd of crude oil and condensate. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2087. The project is expected to have recoverable reserves of 239.57mmbbl of crude oil and condensate. Buy the profile here.
For more details on the upstream fields, buy the profiles 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.
