Heron is a conventional oil development located onshore Mongolia and is operated by Petro Matad. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Heron was discovered in 2019, lies in block Block XX (Matad 20). Buy the profile here.

Smarter leaders trust GlobalData


Premium Insights Heron Upstream Project

Buy the Profile

Premium Insights

The gold standard of business intelligence.

Find out more

The project is currently in commissioning stage and is expected to start commercial production in 2024. The Heron conventional oil development will involve the drilling of approximately three wells.

Field participation details

The field is owned by Petro Matad.

Production from Heron

Production from the Heron conventional oil development project is expected to begin in 2024 and is forecast to peak in 2033, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2068.

For more details on the Heron Conventional Oil Field, buy the profile here.

This content was updated on 7 February 2024

Premium Insights


The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.


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.