ConocoPhillips’ Asia Pacific operations represent the company’s second-largest segment by production. Operations during 2021 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 Bohai Bay in China and operates several producing fields in South Sumatra in Indonesia. In Malaysia, production continues from several fields in Block G, Block J and the Kebabangan Cluster (KBBC). 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 percent shareholding interest in APLNG, coring up the important Asia-Pacific segment.
Asia Pacific at a Glance
*Represents proved reserves for consolidated operations only.
As of December 31, 2021
2021 Production Mix
Full-year 2021 production in the Asia Pacific segment was 238 MBOED.
Asia Pacific Fact Sheet