Badra is a producing conventional oil field located onshore Iraq and is operated by Gazprom Neft Badra. The field is located in block Badra Contract Area.
Field participation details
The field is owned by Gazprom, Ministry of Oil, Iraq, Korea Gas, Petroliam Nasional and Turkiye Petrolleri Anonim Ortakligi.
Production from Badra
The Badra conventional oil field recovered 42.34% of its total recoverable reserves, with peak production in 2018. The peak production was approximately 80.28 thousand bpd of crude oil and condensate and 75 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2033. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 189.76 Mmboe, comprised of 146.5 Mmbbl of crude oil & condensate and 259.57 bcf of natural gas reserves. Badra conventional oil field reserves accounts 0.04% of total remaining reserves of producing conventional oil fields globally.
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.