The total oil and gas production of Asia increased by 0.88% during 2021-2022. The largest oil and gas producing countries are China, Indonesia and Malaysia. Through to 2030, annual Asia oil and gas production is forecast to decrease by a CAGR of 2.51%. GlobalData uses proprietary data and analytics to provide a complete picture of the global oil & gas fields segment. Buy the latest oil & gas field profiles here.

Here are the 10 largest oil and gas upcoming fields by reserves in Asia, according to GlobalData’s oil & gas upstream fields database.

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1. Abadi

Abadi is located in Arafura Sea, Indonesia. This field is owned by Inpex, Shell and operated by Inpex Masela. Production from this field is expected to begin in 2031 and is forecasted to peak in 2032. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2076. Buy the profile here.

2. BIGST Cluster

BIGST Cluster is located in Terengganu, Malaysia. This field is owned by Petroliam Nasional and operated by PETRONAS Carigali International. Production from this field is expected to begin in 2026 and is forecasted to peak in 2027. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2062. Buy the profile here.

3. Lufeng 12-3

Lufeng 12-3 is located in South China Sea, China. This field is owned by China National Offshore Oil, SK Innovation Co and operated by SK Innovation Co. Production from this field is expected to begin in 2023 and is forecasted to peak in 2025. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2081. Buy the profile here.

4. Block B Gas Development

Block B Gas Development is located in South China Sea, Vietnam. This field is owned by Japan Oil, Gas and Metals National, Mitsui & Co, PTT Public Co, Vietnam National Oil and Gas Group and operated by Vietnam National Oil and Gas Group. Production from this field is expected to begin in 2025 and is forecasted to peak in 2025. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2051. Buy the profile here.

5. West Sichuan

West Sichuan is located in Sichuan, China. This field is owned by China Petrochemical and operated by Sinopec Southwest Oil & Gas Co. Production from this field is expected to begin in 2023 and is forecasted to peak in 2072. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2082.

6. Ca Voi Xanh

Ca Voi Xanh is located in South China Sea, Vietnam. This field is owned by Exxon Mobil, Vietnam National Oil and Gas Group and operated by ExxonMobil Exploration and Production Vietnam. Production from this field is expected to begin in 2025 and is forecasted to peak in 2027. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2047. Buy the profile here.

7. Kasawari

Kasawari is located in Sarawak, Malaysia. This field is owned by Petroliam Nasional and operated by PETRONAS Carigali International. Production from this field is expected to begin in 2023 and is forecasted to peak in 2024. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2052. Buy the profile here.

8. Cluster III

Cluster III is located in Bay of Bengal, India. This field is owned by Oil and Natural Gas Corp and operated by Oil and Natural Gas Corp. Production from this field is expected to begin in 2024 and is forecasted to peak in 2034. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2038. Buy the profile here.

9. Marjoram/Rosmari

Marjoram/Rosmari is located in Sarawak, Malaysia. This field is owned by Petroliam Nasional, Shell and operated by Sarawak Shell Bhd. Production from this field is expected to begin in 2026 and is forecasted to peak in 2029. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2060. Buy the profile here.

10. Jerun

Jerun is located in Sarawak, Malaysia. This field is owned by OMV, Petroliam Nasional, Sapura Energy, Shell and operated by SapuraKencana Energy Sarawak. Production from this field is expected to begin in 2023 and is forecasted to peak in 2024. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2048. 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.