There are more than 65,000 oil and gas fields of all sizes in the world. Most of the largest oil fields are located in the Middle East, while others are located in India, Brazil, Mexico, Venezuela, Kazakhstan and Russia.

The following are the top 10 highest producing oil fields. Together, they produce a total of 1.9 million barrels every day. With the current price of oil around US$106 each barrel, these 10 fields produce US$2 billion of oil every day.

   Majnoon Field

Production (Million Barrels/day): 0.5

Location: Iraq

Discovered: 1975

Recoverable Oil, Past and Future (Billion Barrels): 11-20