The total oil and gas production of South East Asia decreased by 1.65% during 2021-2022. The largest oil and gas producing countries are Indonesia, Malaysia and Thailand. Through to 2030, annual oil and gas production is forecast to decrease by a CAGR of 8.09%. 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, Indonesia had the highest oil and gas, followed by Malaysia and Thailand. Here are the 10 largest oil and gas producing fields in South East Asia by production in 2022, according to GlobalData’s Oil & Gas, Upstream Fields Database.

1. Tangguh

Tangguh is located in West Papua, Indonesia. This field is owned by BP, China National Offshore Oil, Inpex, Japan Oil, Gas and Metals National, JX Nippon Oil & Gas Exploration, Mitsubishi, Mitsui & Co, Sojitz and operated by BP Berau. The field produced 0.2mmboed in 2022 and recovered 25.42% of its total recoverable reserves, with peak production in 2023. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2068. Buy the profile here.

2. Banyu Urip Complex

Banyu Urip Complex is located in East Java, Indonesia. This field is owned by Exxon Mobil, PT Asri Dharma Sejahtera, PT Blora Patragas Hulu, PT Pertamina (Persero), PT Petro Gas Jatim Utama Cendana, PT Sarana Patra Hulu Cepu and operated by PT Pertamina EP Cepu. The field produced 0.19mmboed in 2022 and recovered 52.58% of its total recoverable reserves, with peak production in 2021. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2057. Buy the profile here.

3. Block A-18

Block A-18 is located in Gulf of Thailand, Malaysia – Thailand Joint Development Area. This field is owned by Hess, Petroliam Nasional and operated by Carigali Hess Operating Co Sdn. The field produced 0.17mmboed in 2022 and recovered 53.01% of its total recoverable reserves, with peak production in 2012. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2030. Buy the profile here.

4. Corridor PSC

Corridor PSC is located in South Sumatra, Indonesia. This field is owned by PT Medco Daya Abadi Lestari, PT Pertamina (Persero), Repsol and operated by PT Medco Energi Internasional. The field produced 0.15mmboed in 2022 and recovered 45.28% of its total recoverable reserves, with peak production in 2010. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2079. Buy the profile here.

5. Mahakam PSC

Mahakam PSC is located in East Kalimantan, Indonesia. This field is owned by PT Pertamina (Persero) and operated by PT Pertamina Hulu Mahakam. The field produced 0.15mmboed in 2022 and recovered 95% of its total recoverable reserves, with peak production in 2006. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2035. Buy the profile here.

6. Rokan PSC

Rokan PSC is located in Riau, Indonesia. This field is owned by PT Pertamina (Persero) and operated by PT Pertamina Hulu Rokan. The field produced 0.15mmboed in 2022 and recovered 97.36% of its total recoverable reserves, with peak production in 1973. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2035. Buy the profile here.

7. Yadana Project

Yadana Project is located in Gulf of Martaban, Myanmar. This field is owned by Chevron, Myanma Oil and Gas Enterprise, PTT Public Co and operated by PTTEP International. The field produced 0.12mmboed in 2022 and recovered 69.79% of its total recoverable reserves, with peak production in 2012. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2039. Buy the profile here.

8. Bongkot

Bongkot is located in Gulf of Thailand, Thailand. This field is owned by PTT Public Co and operated by PTTEP Energy Development Co. The field produced 0.1mmboed in 2022 and recovered 73.33% of its total recoverable reserves, with peak production in 2007. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2041. Buy the profile here.

9. MLNG PSC

MLNG PSC is located in Sarawak, Malaysia. This field is owned by Petroliam Nasional, Shell and operated by Sarawak Shell. The field produced 0.1mmboed in 2022 and recovered 94.78% of its total recoverable reserves, with peak production in 1992. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2033. Buy the profile here.

10. Shwe Complex

Shwe Complex is located in Bay of Bengal, Myanmar. This field is owned by GAIL (India), Korea Gas, Myanma Oil and Gas Enterprise, Oil and Natural Gas Corp, Posco International and operated by Posco International. The field produced 0.1mmboed in 2022 and recovered 43.29% of its total recoverable reserves, with peak production in 2022. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2039. Buy the profile here.

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

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