Halfaya Field Explained

Halfaya Field
Country:Iraq
Offonshore:onshore
Location Map:Iraq
Coordinates:31.8275°N 47.4222°W
Relief:yes
Operator:Iraq Ministry of Oil
Oil Production Bbl/D:100000
Est Oil Bbl:4100

Halfaya Field is an Iraqi oil field, located east of Amarah. Halfaya is proven to hold 4.1Goilbbl of recoverable reserve and has production potential of 200000oilbbl/d535000oilbbl/d. The China National Petroleum Corporation-led group finished the first phase of development in June 2012, increasing production from 3000oilbbl/d to 100000oilbbl/d 15 months ahead of schedule.

CNPC has started preliminary work on the second phase of Halfaya, which will bring the capacity to 200,000 bpd.[1]

In December 2009, the China National Petroleum Corporation was awarded a 50% stake in the development of the field and France's Total S.A. along with Malaysia's Petronas were awarded a 25% stake. The consortium plans production at 535000oilbbl/d. [2]

See also

Notes and References

  1. https://web.archive.org/web/20160303235445/http://af.reuters.com/article/energyOilNews/idAFL3E8HI0QT20120618 Reuters
  2. http://in.biz.yahoo.com/091211/137/bauqpn.html{{dead link|date=October 2017 |bot=InternetArchiveBot |fix-attempted=yes }} CNPC-led group wins Iraq Halfaya oilfield deal