The total natural gas production of Oceania increased by 3.95% in 2022 when compared to 2021. The largest gas producing countries in Oceania are Australia, Papua New Guinea, New Zealand. Through to 2030, annual gas production is forecasted to decrease by a CAGR of 4.2%. 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, Australia had the highest natural gas production, followed by Papua New Guinea and New Zealand. Here are the 10 largest natural gas fields in Oceania by production in 2022, according to GlobalData’s Oil & Gas, Upstream Fields Database.

1. North West Shelf Venture

North West Shelf Venture is located in Western Australia, Australia. This natural gas field is owned by BP, Chevron, Mitsubishi, Mitsui & Co, Shell, Woodside Energy Group and operated by Woodside Energy Group. The field produced 3,110.71mmcfd in 2022 and recovered 84.63% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2042. Buy the profile here.

2. Greater Gorgon

Greater Gorgon is located in Western Australia, Australia. This natural gas field is owned by Chevron, Chubu Electric Power Co, Exxon Mobil, Osaka Gas Co, Shell, Tokyo Electric Power Co Holdings, Tokyo Gas Co and operated by Chevron Australia Pty. The field produced 2,325.85mmcfd in 2022 and recovered 19.11% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2053. Buy the profile here.

3. Wheatstone & Iago

Wheatstone & Iago is located in Western Australia, Australia. This natural gas field is owned by Chevron, Chubu Electric Power Co, Japan Oil, Gas and Metals National, Kuwait Petroleum, Kyushu Electric Power Co, Mitsubishi, Nippon Yusen Kabushiki Kaisha, Tokyo Electric Power Co Holdings and operated by Chevron Australia Pty. The field produced 1,085.69mmcfd in 2022 and recovered 17.24% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2047. Buy the profile here.

4. Ichthys LNG Project

Ichthys LNG Project is located in Western Australia, Australia. This natural gas field is owned by Chubu Electric Power Co, CPC, Inpex, Osaka Gas Co, The Kansai Electric Power Co, Toho Gas Co, Tokyo Electric Power Co Holdings, Tokyo Gas Co, TotalEnergies, and operated by INPEX Ichthys Pty. The field produced 1,061mmcfd in 2022 and recovered 10.56% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2081. Buy the profile here.

5. PNG LNG project

PNG LNG project is located in Southern Highlands, Papua New Guinea. This natural gas field is owned by Exxon Mobil, JX Nippon Oil & Gas Exploration, Kumul Petroleum Holdings, Mineral Resources Development Co, Santos and operated by ExxonMobil PNG. The field produced 1,041.89mmcfd in 2022 and recovered 32.64% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2055. Buy the profile here.

6. Pluto LNG

Pluto LNG is located in Western Australia, Australia. This natural gas field is owned by The Kansai Electric Power Co, Tokyo Gas Co, Woodside Energy Group and operated by Woodside Burrup Pty. The field produced 811.93mmcfd in 2022 and recovered 35.31% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2039. Buy the profile here.

7. Prelude

Prelude is located in Western Australia, Australia. This natural gas field is owned by CPC, Inpex, Korea Gas, Shell and operated by Shell Australia Pty. The field produced 473.38mmcfd in 2022 and recovered 31.52% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2039. Buy the profile here.

8. Fairview

Fairview is located in Queensland, Australia. This natural gas field is owned by Korea Gas (11.36%), Petroliam Nasional, Santos, TotalEnergies and operated by Santos Toga Pty. The field produced 296.68mmcfd in 2022 and recovered 62.17% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2067. Buy the profile here.

9. Daandine

Daandine is located in Queensland, Australia. This natural gas field is owned by China National Petroleum, Shell and operated by Arrow Daandine Pty. The field produced 284.34mmcfd in 2022 and recovered 14.35% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2049. Buy the profile here.

10. Tipton West

Tipton West is located in Queensland, Australia. This natural gas field is owned by China National Petroleum, Shell and operated by Arrow (Tipton) Pty. The field produced 284.34mmcfd in 2022 and recovered 13.58% of its total recoverable natural gas reserves. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2045. Buy the profile here.

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

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