The total oil and gas production of South East Asia in 2022 was 5.13mmboed, a decrease of 0.88% when compared to 2021. The largest oil and gas producing countries are China, Indonesia and Malaysia. Through to 2030, annual global oil and gas production is forecast to decrease by a CAGR of 3.30% to reach 3.79mmboed. 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 oil and gas upcoming fields by reserves in South East Asia, according to GlobalData’s Oil & Gas, Upstream Fields Database.
1. Abadi
Abadi is located in Arafura Sea, Indonesia. This field is owned by Inpex (65.00%), Shell (35.00%) and operated by Inpex Masela. Production from this field is expected to begin in 2031 and is forecasted to peak in 2032, approximately at the rate of 0.20mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2076. The project is expected to have recoverable reserves 2,317.63mmboe of crude oil and natural gas. Buy the profile here.
2. BIGST Cluster
BIGST Cluster is located in Terengganu, Malaysia. This field is owned by Petroliam Nasional (100.00%) and operated by PETRONAS Carigali International. Production from this field is expected to begin in 2026 and is forecasted to peak in 2027, approximately at the rate of 0.29mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2062. The project is expected to have recoverable reserves 1,061.61mmboe of crude oil and natural gas. Buy the profile here.
3. 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 (12.13%), Mitsui & Co (13.49%), PTT Public Co (8.50%), Vietnam National Oil and Gas Group (65.88%) 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, approximately at the rate of 0.08mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2051. The project is expected to have recoverable reserves 659.82mmboe of crude oil and natural gas. Buy the profile here.
4. Ca Voi Xanh
Ca Voi Xanh is located in South China Sea, Vietnam. This field is owned by Exxon Mobil (64.00%), Vietnam National Oil and Gas Group (36.00%) 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, approximately at the rate of 0.10mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2047. The project is expected to have recoverable reserves 534.32mmboe of crude oil and natural gas. Buy the profile here.
5. Kasawari
Kasawari is located in Sarawak, Malaysia. This field is owned by Petroliam Nasional (100.00%) and operated by PETRONAS Carigali International. Production from this field is expected to begin in 2023 and is forecasted to peak in 2024, approximately at the rate of 0.11mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2052. The project is expected to have recoverable reserves 508.05mmboe of crude oil and natural gas. Buy the profile here.
6. Marjoram/Rosmari
Marjoram/Rosmari is located in Sarawak, Malaysia. This field is owned by Petroliam Nasional (20.00%), Shell (80.00%) and operated by Sarawak Shell. Production from this field is expected to begin in 2026 and is forecasted to peak in 2029, approximately at the rate of 0.08mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2060. The project is expected to have recoverable reserves 443.45mmboe of crude oil and natural gas. Buy the profile here.
7. Jerun
Jerun is located in Sarawak, Malaysia. This field is owned by OMV (20.00%), Petroliam Nasional (30.00%), Sapura Energy (20.00%), Shell (30.00%) and operated by SapuraKencana Energy Sarawak. Production from this field is expected to begin in 2023 and is forecasted to peak in 2024, approximately at the rate of 0.08mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2048. The project is expected to have recoverable reserves 409.87mmboe of crude oil and natural gas. Buy the profile here.
8. B14
B14 is located in Sarawak, Malaysia. This field is owned by Mitsubishi (30.00%), OMV (15.00%), Petroliam Nasional (40.00%), Sapura Energy (15.00%) and operated by SapuraKencana Energy Sarawak. Production from this field is expected to begin in 2024 and is forecasted to peak in 2025, approximately at the rate of 0.08mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2061. The project is expected to have recoverable reserves 388.27mmboe of crude oil and natural gas. Buy the profile here.
9. Gendalo-Gehem
Gendalo-Gehem is located in East Kalimantan, Indonesia. This field is owned by Chevron (62.00%), China Petrochemical (18.00%), Eni (20.00%) and operated by Chevron. Production from this field is expected to begin in 2028 and is forecasted to peak in 2030, approximately at the rate of 0.12mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2043. The project is expected to have recoverable reserves 387.31mmboe of crude oil and natural gas. Buy the profile here.
10. Kelidang Cluster
Kelidang Cluster is located in South China Sea, Brunei. This field is owned by Brunei National Petroleum Co (6.25%), Mitsubishi (6.25%), Murphy Oil (30.00%) , Petroliam Nasional (45.00%), Shell (12.50%) and operated by Petronas Carigali Brunei. Production from this field is expected to begin in 2025 and is forecasted to peak in 2026, approximately at the rate of 0.08mmboed of crude oil and natural gas. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2057. The project is expected to have recoverable reserves 385.4mmboe of crude oil and natural gas. Buy the profile here.
For more details on the upstream fields, buy the profiles here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
