Az Zubair Field
|Az Zubair Field|
|Partners||South Oil Company
Missan Oil Company
Occidental Petroleum Corporation
Korea Gas Corporation
|Current production of oil||195,000 barrels per day (~9.72×106 t/a)|
|Estimated oil in place||4,500 million barrels (~6.1×108 t)|
|Producing formations||Upper Cretaceous Mishrif formation; Lower Cretaceous Zubair formation|
The Az Zubair Field, also known as Az-Zubayr, is an oil field located in southern Iraq, west of Basrah. It is one of the largest fields in the world and was discovered by the Basrah Petroleum Company, an associate of the Iraq Petroleum Company, in 1949. It has 4.5 billion barrels (~6.1×108 t) of proven reserves and currently produces 195 thousand barrels per day (31.0×103 m3/d) but in the next years, under the field's expansion programme, production is expected to reach a plateau level of 1.125 million barrels per day (178.9×103 m3/d).
The development contract has been awarded to a consortium led by Eni (32.81%) with Occidental Petroleum Corporation (23.44%), Korea Gas Corporation (18.75%) and Iraq's state-run Missan Oil Company (25%).
- "Eni Consortium to Redevelop Zubair Field in Iraq". RIGZONE. 2010-01-22. Retrieved 2010-01-24.
- "Eni, Occidental Petroleum and KOGAS sign the technical service contract with Iraq's South Oil Company and Missan Oil Company to redevelop Zubair field" (Press release). Eni. 2010-01-22. Retrieved 2010-01-24.
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