ConocoPhillips’ Asia Pacific operations during 2022 consisted of producing fields in China, Indonesia, Malaysia and Australia, as well as liquefied natural gas (LNG) production and export in Australia.
The company produces from fields in China’s Bohai Bay, fields in Block G, Block J and the Kebabangan Cluster (KBBC) in Malaysia, and the Australia Pacific LNG project has delivered stable production since its start-up in 2015.
ConocoPhillips also has focused exploration and appraisal activities in the region.
In the first quarter of 2022, ConocoPhillips closed the sale of its Indonesia assets and completed the purchase of an additional 10% shareholding interest in APLNG, coring up the important Asia-Pacific segment.
Asia Pacific at a Glance
*Represents proved reserves for consolidated operations only and excludes equity affiliates.
As of December 31, 2022
2022 Production Mix
Full-year 2022 production in the Asia Pacific segment was 216 MBOED.