The total crude oil and condensate production of South East Asia in 2023 decreased 5.29% when compared to 2022. The largest oil-producing countries in Asia are Indonesia, Malaysia and Vietnam. Through to 2030, annual crude oil and condensate production is forecasted to decrease by a CAGR of 8.68%. GlobalData uses proprietary data and analytics to provide a complete picture of the total Asia oil & gas fields segment. Buy the latest oil & gas fields profiles here.
Here are the 10 largest upcoming crude oil fields by reserves in South East Asia, according to GlobalData’s Oil & Gas, Upstream Fields Database.
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1. Salam-Patawali
Salam-Patawali is located in Sarawak, Malaysia. This crude oil field is owned by ConocoPhillips; Petroliam Nasional and operated by ConocoPhillips. Production from this field is expected to begin in 2026 and is forecasted to peak in 2028. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2071. Buy the profile here.
2. Hidayah
Hidayah is located in Java Sea, Indonesia. This crude oil field is owned by Petroliam Nasional and operated by PC North Madura II. Production from this field is expected to begin in 2027 and is forecasted to peak in 2033. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2059. Buy the profile here.
3. Lac Da Vang
Lac Da Vang is located in South China Sea, Vietnam. This crude oil field is owned by Murphy Oil Corp; SK Innovation Co; Vietnam National Oil and Gas Group and operated by Murphy Cuu Long Bac Oil Co. Production from this field is expected to begin in 2026 and is forecasted to peak in 2028. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2043. Buy the profile here.
4. Ande Ande Lumut
Ande Ande Lumut is located in Natuna Sea, Indonesia. This crude oil field is owned by PT Soechi Lines and operated by PT Bumi Pratiwi Hulu Energi. Production from this field is expected to begin in 2026 and is forecasted to peak in 2028. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2052. Buy the profile here.
5. Salman
Salman is located in South China Sea, Brunei. This crude oil field is owned by Government of Brunei Darussalam; Shell and operated by Brunei Shell Petroleum Company. Production from this field is expected to begin in 2024 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.
6. Kinh Ngu Trang
Kinh Ngu Trang is located in South China Sea, Vietnam. This crude oil field is owned by Vietnam National Oil and Gas Group; Zarubezhneft and operated by Vietsovpetro JVC. Production from this field is expected to begin in 2025 and is forecasted to peak in 2026. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2042. Buy the profile here.
7. Kinh Ngu Trang Nam
Kinh Ngu Trang Nam is located in South China Sea, Vietnam. This crude oil field is owned by Vietnam National Oil and Gas Group; Zarubezhneft and operated by Vietsovpetro JVC. Production from this field is expected to begin in 2025 and is forecasted to peak in 2026. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2042. Buy the profile here.
8. Bestari
Bestari is located in Sabah, Malaysia. This crude oil field is owned by Inpex Corp; Japan Oil, Gas and Metals National Corp; JX Nippon Oil & Gas Exploration Corp; Petroliam Nasional; PT Medco Daya Abadi Lestari and operated by PETRONAS Carigali International. Production from this field is expected to begin in 2027 and is forecasted to peak in 2029. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2052. Buy the profile here.
9. Irong
Irong is located in Terengganu, Malaysia. This crude oil field is owned by Petroliam Nasional and operated by Vestigo Petroleum. 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 2068. Buy the profile here.
10. Sabar
Sabar is located in Jambi, Indonesia. This crude oil field is owned by China National Petroleum Corp; Petroliam Nasional; PT Pertamina (Persero) and operated by PetroChina International Jabung. Production from this field is expected to begin in 2024 and is forecasted to peak in 2026. Based on GlobalData estimates, production will continue until the field reaches its economic limit in 2043. Buy the profile here.
For more details on the upstream fields, buy the profiles here.
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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.
