Abundant energy resources are available in East and South East Asia. Major energy producing countries in the region include China, Malaysia and former OPEC member Indonesia, while Myanmar may potentially join the producing group following the end of military rule and the opening of the nation's petroleum sector to more foreign investments. Brunei, China, Indonesia, Malaysia, Thailand and Vietnam have an estimated 31.4 billion barrels of proven oil reserves and 309.5 trillion cubic feet of proven natural gas reserves as of 2013.
Field development involves the feasibility and conceptual studies required to figure out the best way to develop, produce and maintain a hydrocarbon resource. It comprises all activities required to develop a field – geology, reservoir engineering, environmental impact, well design, construction, completion design, and surface facilities. Field development plans also include the economic impact and risk assessments to ensure that it aligns with business strategy.